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Apple reportedly spending $500 million to fund development of 100+ games for its Apple Arcade subscription service

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<p>Who knew, Apple has deep pockets? The company is reportedly spending billions of dollars a year on Apple TV+ original content, will pay about $480 million for the Texture acquisition (https://9to5mac.com/2019/04/10/apple-texture-acquisition-price/) which ultimately became News+, and is reportedly also spending several million dollars per game in Apple Arcade.</p>
<p>The Financial Times says (https://www.ft.com/content/44236e86-5ba3-11e9-9dde-7aedca0a081a) the company is spending ‘several million dollars each’ on more than 100 games, putting Apple Arcade’s budget in excess of $500 million dollars. At its March event, Apple announced that Arcade would launch in the fall but did not announce pricing.</p>
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