NPR

Apple Debuts Streaming Video, Payment Card And News Subscription Services

As iPhone sales slow, Apple is rolling out Apple TV+, a service to compete with Netflix, Hulu and other streaming services. It's also offering a virtual credit card and a subscription news service.

Apple announced Monday a new video streaming service, Apple TV+, to compete with Netflix, Hulu, Amazon Prime and others. It also unveiled a new credit card tied to Apple Pay and Apple News+, a subscription news service.

The iPhone has traditionally been Apple's biggest moneymaker, but those sales have been slowing, so the company is looking to make services a bigger part of its business.

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