It's also no secret that Apple may be working on a news subscription service. Compared to online newspaper subscriptions and well known news sites, the cost is not unreasonable, especially by Apple's pricing standards. The Apple News subscription service is said to be the biggest highlight of the event, even as the company is running to resistance from larger publishers over the proposed financial terms. The service, which some have described as similar to a "Netflix for news", would reportedly have Apple keeping around half of the revenue brought in by subscriptions, with the remaining revenue being split up and distributed to publishers based on content engagement.
According to the report, the event will take place on Monday, March 25 and will be held at Apple's Steve Jobs Theater on the Apple Park Campus.
It was previously rumored that Apple would debut new Apple AirPods 2 wireless earbuds in March, but that may no longer be the case.
It is worth noting that the report does suggest the company may change its plans if it can't nail down negotiations with publishers. In the quarter ended December, services gross margin hit 63 per cent, up from 58.3 per cent a year ago.
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He added: "To talk but fail to act risks our nation being seen as little more than a paper tiger". He said they would be able to respond "at a moment's notice" to support the Royal Marines.
"The news service is not moving the needle for Apple bulls but it speaks to a strategic shift within Cupertino to focus on services separate than hardware releases".
Apple declined to comment on the report.
As far as this rumor goes, looks like we will have to wait until March to find out what Apple has in store for its customers, so stay tuned for more coverage from our side.
More than that, Apple is also said to be mulling a combined subscription bundle that could incorporate all of them together.