Apple debuts a pay-later service and promises iPhone updates

Monday’s announcement harm shares of Affirm Holdings Inc., which affords the same service. It was down 5.5% to $23.72 on the shut.

Apple previewed a serious replace to CarPlay to reap the benefits of automobiles with extra sprawling shows. The brand new software program, which can be formally launched in autos in 2023, can change instrument clusters, local weather controls and radios for the primary time.

The peek on the software program options comes a number of months forward of the launch of recent iPhones, iPads and Apple Watches, which usually get unveiled within the fall. These gadgets account for about 80% of the corporate’s income.

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