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Apple Spending $500 mn Over ‘Arcade’ Gaming Service: Report

With the simplicity of a single subscription, Apple Arcade will bring games to the App Store’s more than one billion gaming customers

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The Apple logo is shown outside the company's Worldwide Developers Conference in San Francisco, California. VOA

Apple is reportedly spending over $500 million to build its own stable of “Arcade” gaming service.

The iPhone-maker announced its first-ever game subscription service called Apple Arcade in March that would feature over 100 new and exclusive games, including original releases from renowned creators like Hironobu Sakaguchi, Ken Wong and Will Wright.

“Apple is spending ‘hundreds of millions’ of dollars, ‘likely’ over $500 million in total, to secure games for the subscription offering.

“It’s reportedly spending ‘several’ million dollars per game, and is offering perks if developers grant temporary exclusives that keep titles off Android or even console subscriptions like the Xbox Game Pass,” the Financial Times reported on Sunday.

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Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York, Aug. 1, 2018. VOA

Apple Arcade would launch in fall 2019 in more than 150 countries from a new tab on the App Store across iOS, macOS and tvOS, the company had announced.

With the simplicity of a single subscription, Apple Arcade will bring games to the App Store’s more than one billion gaming customers.

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The service will feature games from Annapurna Interactive, Bossa Studios, Cartoon Network, Finji, Giant Squid, Klei Entertainment, Konami, LEGO, Mistwalker Corporation, SEGA, Snowman, ustwo games and dozens more. (IANS)

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Apple Says Responsible for 2.4mn Jobs in US

“Apple is a company where quality is paramount and they push us constantly to see if we can make improvements in our commercial product.”

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Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York, Aug. 1, 2018. VOA

Apple has created 2.4 million jobs across all the 50 US states so far, four times the number of American jobs attributable to the company eight years ago.

The Cupertino-headquartered company is on pace to directly contribute $350 billion to the US economy by 2023, announced in January 2018, Apple said in a statement late Thursday.

“Apple also directly employs 90,000 employees in all 50 states, putting the company on track to create 20,000 new jobs across the US by 2023,” said the company.

Earlier this year in San Diego, Apple announced an expansion that will include 1,200 direct jobs and a new campus featuring hundreds of thousands of square feet of office, lab and research space.

“In Seattle, Apple will add 2,000 new employees in highly skilled engineering positions,” it added.

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The Apple logo is shown outside the company’s Worldwide Developers Conference in San Francisco, California. VOA

In 2018, Apple spent a total of $60 billion with its suppliers in the US.

Apple highlighted Maccor, one of the 9,000 suppliers, and one which makes battery testing systems.

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“The relationship with Apple has been tremendous and company-changing for us,” said Maccor President Andy MacKay.

“Apple is a company where quality is paramount and they push us constantly to see if we can make improvements in our commercial product.” (IANS)