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Spreadsheet Ranger

Unpacking Apple’s newest attempt to take over the world

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What do Oprah, Jason Momoa, Jennifer Aniston, and Big Bird have in common? Well, they all took to the Steve Jobs Theater’s stage yesterday to help Apple launch several new services.
Here’s a quick recap and, more importantly, why you should give a sh*t:


Apple TV+
Apple Channels will integrate Netflix-style recs and content from cable, Hulu, and Amazon (but not Netflix and YouTube) into Apple’s app, Apple TV+. The new ad-free streaming service will feature original content made with partners like Oprah, Steven S*bad word* please do not do thatberg, and Reese Witherspoon.


Apple News+
Apple News+ will feature stories from 300+ magazines and newspapers for $9.99/month. Some big publishers (WSJ, NatGeo) are in. But others (NYT, WaPo) are out because Apple demanded a 50% cut.


Apple Card
Apple Card will let people tap their iPhones to Apple Pay -- or swipe a titanium, laser-etched, CVV-free card. Card users will earn cash back and track spending in Apple’s Wallet -- and get customer support in iMessage. 


Apple Arcade
Apple launched a gaming subscription service called Apple Arcade that will provide access to more than 100 exclusive games. Apple will partner with both “indie” developers and also large game companies.


The shift to services
Apple built its empire on hardware, but this new event proves Apple needs revenue from services in a hardware-saturated world.
With these flashy new services Apple hopes to transform its 1.4B active devices into monthly money-makers that consumers rely on to watch videos, read news, play games, and make payments.


So, will Apple’s new services change the world? 
They’re designed to -- and Apple has upended industries before (remember Blackberry?) -- but, of course, haters still gonna hate.
Twitter trolls and journalists dismissed Apple for hazy details on pricing and launch dates, and stock fell 1.2%. But if the past’s any guide, bets against Apple seldom pay off...
When Apple released its first iPhone, TechCrunch said it was “about as useful … as a rotary phone,” and Microsoft’s CEO insisted, “There’s no chance that the iPhone is going to get any significant market share.”

source: a newsletter

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