F1 zoomed into theaters last weekend. According to Variety, Apple’s big-budget racing movie made $144 million globally last weekend. This is Apple’s biggest theatrical debut, marking a huge milestone for the tech giant. It still has a way to go to be profitable. However, it is on pace to be profitable for Apple.

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$144 million is no easy feat for Apple. According to Variety, Apple has a history of big box office failures. Variety reported, “F1 marks the first commercial win for Apple, which has previously backed underperforming big screen offerings like Killers of the Flower Moon, Napoleon, and Argylle.” This shows that not only does Apple struggle to make hits, but it also highlights how important F1’s success is for the company. A big part of the movie’s success is how it performed in the US and Canada. Variety reported that the movie made $55.6 million in the US and Canada alone. The film made the rest of its $144 million internationally. The movie still has a long way to go before it is successful. Dextero reported, “The exact budget for F1 hasn’t been confirmed, but it’s believed to be anywhere between $200 million to $300 million.” Breaking even doesn’t mean a financial victory for Apple. While the box office debut is a good start, it has to finish strong for Apple to call the movie a success.