“F1: The Movie” has become Apple’s highest-grossing theatrical release, surpassing $293 million at the global box office, according to CNBC. Apple’s limited history in theatrical releases includes titles like Killers of the Flower Moon, Argylle, and Fly Me to the Moon. Analysts see “F1” as a key case study in how streamers can create big-screen hits while leveraging their tech ecosystems. Production and marketing costs are estimated to be between $300 million and $400 million, with Apple and Warner Bros. splitting the proceeds. Apple’s $3 trillion valuation and diversified revenue streams allow it to absorb risks that traditional studios cannot.