YouTube targets Spotify and Apple music
24 March 2018 |
6:00 am
YouTube is about to launch a paid music subscription service. It's trying to steal listeners from Spotify and Apple Music.
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On Thursday, Apple reported that revenue fell 5 percent to $117.15 billion during the three months that ended in December, the company's first quarterly sales decline since before the pandemic. Profits decreased 13 percent to $30 billion.
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The iPhone maker's top supplier Foxconn plans to boost production in India, with a new facility in Bengaluru. But the move westward could be beset by red tape and quality control issues.
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In a big gamble for the world’s most valuable company, Apple is widely expected to launch its first major new product in almost a decade at its annual developers' conference next week: a virtual reality headset.
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