Word on the interwebs says Apple sells Apple TV at about cost, just to make up a profit on streaming media sales. Bambi thinks there’s no money there, either.
There might be a very good reason why Apple has yet to venture into the streaming television market. Money. Or, rather, the lack of money. Nobody is making much money with streaming TV services.
Netflix is the big dawg in the fight but doesn’t make much money. Bambi’s Plain Speak™.
There won’t be much money in whatever streaming television service Apple brings to the customer base, but it won’t matter. All that chump change adds up and Wall Street seems to be in favor of Services, so all Apple is doing is adding to the pile.