A news product? Streaming services? What to expect from today's Apple event.
In Cupertino, Calif., Apple is holding an event at the Steve Jobs Theater at Apple Park, where they are expected to unveil new streaming and news subscription services.
But Monday’s anticipated announcement, in the Steve Jobs Theater on Apple’s campus in Cupertino, Calif., takes that diversification to a whole new level. Apple will invest many billions a year, according to analysts, on making video content to compete in a crowded market that includes Amazon, Netflix, Hulu and Disney. It’s a gamble with no guarantee of success, which signals just how important these new businesses are to Apple.
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