Business | Apple’s cart

Tim Cook tries to reduce Apple’s dependence on devices

And increase its revenues from services

APPLE’S PRODUCT launches are not what they used to be. A decade ago the unveiling of a new iPhone would inspire quasi-religious ecstasy; devotees would camp on pavements outside shops as the release date drew near. At the firm’s latest event, on September 10th, the format was the same: Apple’s boss stood on stage, clad in a regulation black jumper, and spoke of the world-changing power of the company’s latest wares. But the fizz was gone. The iPhone 11 looks like a merely incremental improvement on the models that have gone before it.

This article appeared in the Business section of the print edition under the headline “Are you being served?”

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