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Market Chatter: Apple Plans to Expand News App
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Market Chatter: Apple Plans to Expand News App
Jan 7, 2025 5:17 AM

07:49 AM EST, 01/07/2025 (MT Newswires) -- Apple ( AAPL ) is looking to cover more countries to expand its News app and build local news content in the UK, the Financial Times reported Tuesday, citing people familiar with the plans.

Apple News, which comes with the new iPhone, currently reaches about 125 million users monthly in the US, Canada, UK, and Australia, the report said.

The move aims to solidify Apple's ( AAPL ) growing role as a revenue generator for publishers, with the company focusing on expanding its user base and improving ad effectiveness, according to the Financial Times.

Apple ( AAPL ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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