Even at only $5 per month, Apple TV Plus is a terrible deal compared to competitors like Netflix, Hulu, or HBO

Apple TV Plus

"The Morning Show'

• Apple TV Plus launches on Friday for $4.99 a month with only four original shows and no library of licensed content.
• Its two biggest shows, "The Morning Show" and "See," have been torn apart by critics.
• The service will be the cheapest streaming service available, but with so little content compared to its competitors, it won't give subscribers much value.
• Visit Business Insider's homepage for more stories.

Apple's upcoming streaming competitor, Apple TV Plus, will be the cheapest streaming platform available when it launches on Friday for $4.99 a month.

But with only four original shows at launch, which haven't generated much critical acclaim, the service won't give subscribers much value compared to others.

The chart below, from streaming search engine Reelgood, shows the monthly cost of six streaming services, including Disney Plus, which launches November 12.

Reelgood

Disney Plus will be the most affordable among them at $6.99 a month, while HBO is the most expensive at $14.99 a month. Netflix raised its prices earlier this year and its most popular plan in standard HD is $12.99 a month. Hulu without ads is $11.99 a month (Hulu with ads costs $5.99 a month). Showtime is $10.99 and Amazon Prime Video, without other Prime benefits, is $8.99 per month.

They are all more expensive than Apple TV Plus, but when considering their robust content libraries compared to Apple's slim collection at launch, Apple TV Plus seems more costly.

Prime Video and Netflix each have over 2,000 TV shows, Hulu has over 1,900, and Disney Plus will have 127.

The chart below illustrates the amount of TV shows on the six platforms (not included is HBO Max, which debuts in May for $14.99 a month and will include over 10,000 hours of content at launch).

Reelgood

Apple doesn't have a library of licensed content at the moment like those other platforms, meaning it will rely on its original programs for Apple TV Plus. And its four launch shows - "The Morning Show," "See," "For All Mankind," and "Dickinson" - have received subpar or just plain bad reviews ahead of the service's debut.

"The Morning Show," starring Jennifer Aniston and Reese Witherspoon, has a 59% Rotten Tomatoes critic score. "See," a post-apocalyptic fantasy drama starring Jason Momoa, has fared worse with 42%.

"The lack of experience in making TV is evident all over 'The Morning Show,' and it's proof that making good TV requires more than spending lots of dough, hiring famous people, and screaming, 'Action!'," TV Guide's Tim Surette wrote.

"For All Mankind" and "Dickinson" have received a more positive reception at 83% on Rotten Tomatoes each, but with fewer reviews. That's still not a great average for the four shows, though.

More shows will debut on the service before the end of the year, such as M. Night Shyamalan's thriller "Servant" and the Octavia Spencer-starring "Truth Be Told." But with so little content, it's hard to say whether Apple TV Plus will be able to significantly compete in the streaming war, even when it's giving a free year away to buyers of new Apple products.

Apple has touted its relationships with big industry names, from Steven Spielberg to Oprah. But when you shell out $300 million for a Jennifer Aniston, Reese Witherspoon, and Steve Carell TV show - and it still gets torn apart by critics - it's not a good sign for your other celebrity partnerships.

• Read more of Business Insider's coverage of Apple TV Plus:
• Apple's 'The Morning Show' will reportedly be one of the most expensive TV series in history, costing $150 million per season
• M. Night Shyamalan finds TV 'terrifying' but says he has a 60-episode plan for his Apple thriller series, 'Servant'
• Exclusive data shows how much buzz Disney Plus, Apple TV Plus, and HBO Max have built with streaming users before launch
• The lavish budgets of Disney and Apple's upcoming original TV shows make 'Game of Thrones' look frugal
• 5 ways to get free access to services like Netflix, HBO, Hulu, Disney Plus, and Apple TV Plus
• Apple's 'The Morning Show' is being called 'brutally dull' and 'underwhelming' by critics despite its lavish $300 million budget
• Apple's big-budget fantasy TV series, 'See,' is no 'Game of Thrones,' but should be entertaining and strange enough to hook viewers