Apple could launch a Netflix competitor early next year, although success is no guarantee

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A number of times we have told you that Apple is aiming to hit $50 billion in services revenue by 2021 from 2017’s $30 billion. The company is forced to focus on services as iPhone shipment growth is waning. In fact, Apple will no longer release the number of handsets it sells during its quarterly earnings reports. So it is up to services like Apple Music and the revised Apple News to bring in subscription dollars. The latter is expected to offer premium magazine subscriptions from the Texture app that Apple purchased earlier this year.
The numbers mentioned in a CNET …

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