Apple's Shift From Gadgets to Services Tests Investor Patience
- The company has to wrangle new partners outside Silicon Valley
- New video service has no price yet; some news partners opt out
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Apple Inc.’s expansion beyond hardware is taking longer than some analysts expected as the company learns to wrangle new partners outside the technology industry.
Apple unveiled four new digital services at a star-studded event in Silicon Valley on Monday. They all had disappointing elements, such as a lack of details, a later launch or features available elsewhere.