Apple's Streaming Dominance Continues with Record-Breaking Emmy Wins

Apple TV's streaming segment continued its winning streak at the Emmy Awards, taking home a record-breaking 28 awards. The comedy-horror series 'Widow's Bay' won 14 of those awards, helping Apple secure the most accolades for comedy series for the second straight season.

The price hike to $14.99 per month may seem steep, but Apple's focus on award-winning original content and live sports rights has likely paid off in subscribers, renewal rates, and its ability to raise prices.

Apple CEO John Ternus demonstrated the upcoming iPhone Duo foldable smartphone at the event, further showcasing the company's innovation. The tech giant's Services segment has been one of its fastest-growing segments in recent years, with Apple not breaking out how its streaming platform is performing separately.