Apple's "F1: The Movie" breaks records with $293 million global box office sales

Apple’s “F1: The Movie” is Apple’s highest-grossing film release ever, surpassing $293 million at the global box office. The film was a hit with IMAX theaters, generating $60 million of its total gross. Despite nearing $300 million in sales, “F1” needs more ticket sales to be profitable, costing up to $300 million to make. Apple’s success in entertainment differs from traditional studios, with a focus on tech devices and profitability.

Read more at CNBC: ‘F1’ is Apple’s highest-grossing theatrical film ever