Apple Inc, maker of iPhone, unveiled a makeover of itself on Monday as an entertainment and financial services company as it launched a streaming television service, a credit card and an online gaming arcade.
With appearances by Oprah Winfrey and Steven Spielberg, the world’s second-most valuable technology company lifted the curtain on a television and movie subscription service called Apple TV+ that will stream original television shows and movies.
The star-studded lineup failed to excite investors, who sent Apple shares down 1.2 percent.
The company’s long-expected plunge into the streaming video war is years behind leaders Netflix Inc and Amazon.com Inc. Apple left out key details such as pricing, making it difficult to judge how its service will stack up against competitors.
“While Apple may introduce a bigger roster of original content than Amazon and Netflix during their respective launches, the streaming…
Source: News Agency of Nigeria
