Apple raises prices on some streaming services as licensing costs climb

The Bear Traps Report founder Larry McDonald weighs in on Big Tech earnings on Mornings with Maria.

Apple is raising prices on Apple Music subscriptions as well as certain Apple One plans as the company faces higher licensing costs.

The tech giant last week hiked prices for Apple Music plans across subscription tiers. Individual plans will rise by $1 a month to $11.99, while student plans will increase by the same amount to $6.99 a month.

Prices for the Apple Music family plan are also rising by $3 per month to a new monthly rate of $19.99.

The company also hiked

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