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Apple’s New Services Off to a Slow Start in First Year – Yahoo Finance Australia

(Bloomberg) — Apple Inc.’s newest services have yet to generate meaningful revenue, making it harder for the largest technology company to expand beyond the iPhone and other hardware.Last year, the Cupertino, California-based company launched four new servic…

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(Bloomberg) — Apple Inc.s newest services have yet to generate meaningful revenue, making it harder for the largest technology company to expand beyond the iPhone and other hardware.
Last year, the Cupertino, California-based company launched four new services: TV+, Arcade, News+ and the Apple Card. After a few quarters on the market, the offerings havent contributed much to Apples top line.
When Apple reports results on July 30, investors will be looking for updates on these offerings. Servi…

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