When you got the press (and maybe Apple themselves) spinning Apple TV+ as a fighter in the streaming wars, it's only natural to expect these debates.
You would expect better at Macrumours though.
Netflix’s biggest competition is that it, like Spotify, still isn’t profitable, and as the paid video streaming scene heats up over the few years, competition for ideas and shows are only going to heat up.
Honestly, I find Netflix’s slate of original content rather underwhelming. In addition, I go back to my earlier point about how easy it is to switch between multiple video subscription services. After I am doing watching that Chris Hemsworth movie on Netflix (see, it’s so forgettable that I don’t even recall the name), I can go into TV+ to catch “Defending Jacob” or to Twitch or Youtube, whichever catches my fancy.
So if you ask me, video streaming is not subject to the same “winner takes all” paradigm that music streaming is, for the simple reason that no one company has a monopoly on good, compelling video content. People are not going to subscribe solely to Netflix and forswear all other streaming options. This is further entrenched by the financial resources available to Apple, Disney, Amazon and AT&T, meaning they certainly have the resources to stay around for the long term.
There is also the possibility of Apple releasing a paid bundle containing video, music, news and gaming, which in turn guarantees a steady stream of viewer for TV+.
I am seeing a couple of parallels between Netflix and Spotify here. Both companies started with a clear first-mover advantage, which resulted in high subscriber numbers and significant mindshare early on. This would in turn draw competition from companies like Apple, and they are now forced to have to share the pie with Apple.
In summary, people thinking that Disney+ doing well somehow means doom for Apple are really missing the forest for the trees, what more than Disney+ is available within the TV app itself. I would personally be more worried for netflix than I would be for Apple.