"Nothing is subsidized"

So they are profitable?

I think you are mismatching accounting terms.

You can't say the 'subscriptions' are profitable without accounting for the cost of making the model that is the source of the subscription.

They are heavily subsidized by the shareholders. Investing, running at a loss, with hope of some future profitability.

And yet, that is completely uninteresting to their user base.

If saner factory can sell you the same tool at a fraction of the cost of a gold plated factory, your choice is going to be obvious.