Streaming videos, credit cards? Here's what to expect from Apple's event

The chief executive officer is expected to unveil streaming video and news subscriptions, key parts of Apple's push to transform itself into a leading digital services provider

Apple, Tim Cook, Cook, Tim
Apple CEO Tim Cook
Bloomberg
2 min read Last Updated : Jul 01 2019 | 4:39 PM IST
When Apple boss Tim Cook (pictured) takes the stage at the Steve Jobs Theater in Silicon Valley on Monday, he will usher in a new era for the world’s largest technology company.

The chief executive officer is expected to unveil streaming video and news subscriptions, key parts of Apple’s push to transform itself into a leading digital services provider. 

The company may even discuss a monthly video games subscription. Likely absent from the event: Any new versions of the gadgets that have helped Apple generate hundreds of billions of dollars in profit since 1976.

It’s a particular challenge for Cook, who took over after Jobs died in 2011. The current CEO is an expert in hardware supply chains who spent years wrangling eager component manufacturers 
in Asia to assemble the company’s blockbuster iPhone. Apple’s newer partners — Hollywood studios, movie stars, newspapers and magazine publishers — are more wary of working with tech giants, or have already teamed up with rivals like Netflix and Amazon.com.

“This is a pivotal shift for Apple,” said Dan Ives, an analyst at Wedbush Securities. 
On Monday, Apple will add video and news subscriptions, and could unveil a similar offering for credit cards. 

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :Apple IncApple

Next Story