Apple Inc <AAPL.O> is increasingly turning for
growth to its services segment, which includes businesses such
as iCloud storage, Apple Music and the App Store, and has been
partnering with rivals in recent months. Two weeks ago, it cut
its revenue forecast, blaming iPhone sales in China.
Verizon customers opting for its "Beyond Unlimited" and "Above
Unlimited" plans will also get access to free Apple Music from
Jan. 17, the U.S. wireless carrier said in a statement https://vz.to/2RtAiYk.
Last year, Verizon and Apple announced a partnership, giving
some customers six months of Apple Music streaming service along
with their data plan. The Verizon "Go Unlimited" plan will
continue to get a six-month free trial of Apple Music.
Apple in the last few months has made its iTunes service
available on some of Samsung Electronics Co Ltd's <005930.KS>
newer smart televisions and has made Apple Music available on
Amazon.com Inc's <AMZN.O> Echo smart speakers.
The Cupertino-based firm is facing a saturated global smart
phone market and many users are hanging on to their old iPhones
longer than ever.
(Reporting by Subrat Patnaik and Supriya Roy in Bengaluru;
Editing by Lisa Shumaker)
[© 2019 Thomson Reuters. All rights
reserved.] Copyright 2019 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content.![](column_spacer.png)
|
|