Apple to launch new subscription service

iPhone Xr

Apple has been appeared in the news lately for starting a new subscription based service, according to wall street journal report, Apple’s revenues fell by 15% during the first quarter of current fiscal year which is not only affecting Apple revenues but also earnings.

Despite the mature smartphones market Apple’s slowing down services business is creating more worries for the company. Apple’s news subscription service has been in the news for a while but Apple’s plan to start news subscription service is running into resistance from major publishers over the financial terms, WSJ reported.

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On the other hand, Apple’s standalone video streaming service is also rumored to debut by 2019. According to BuzzFeed, Apple is planning to hold a special event on March 25 at the Steve Jobs theatre at its Apple Park Campus for the announcement of its new products and services.

According to the sources, the event would be focused on subscription services, but Apple has declined to comment on the story. It is still unclear that what exactly Apple would announce in this event but based on previous rumors Apple is most likely to announce its streaming services as well as its news subscription services in the event along with other possible products that we do not know about as yet.

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