Apple is falling after unveiling its bank card and streaming service (AAPL)

Apple fell Monday after the corporate made a collection of bulletins at a particular occasion at its Steve Jobs Theater in California. The corporate unveiled a extensively anticipated streaming service to compete with the likes of Netflix. Apple additionally introduced a brand new gaming service and a bodily bank card referred to as the Apple Card. Watch Apple commerce in real-time. Apple shares fell almost 2% Monday afternoon as the corporate unveiled a collection of latest choices, together with its extensively anticipated streaming-television service, at a particular occasion in Cupertino, California. The iPhone large's bulletins included a brand new gaming service, a bodily bank card in partnership with Goldman Sachs, and a streaming service to compete with the likes of Netflix.  Apple additionally unveiled Apple Information+, its new journal service, which is able to embody digital shops and newspapers. The information comes because the Tim Cook dinner-led tech firm strikes to ramp up its providers enterprise amid slowing iPhone gross sales. Within the fourth-quarter, Apple recorded its greatest iPhone gross sales decline in almost three years, in response to Gartner information. The corporate's forecast for second-quarter gross sales was additionally grim, coming in at got here in on the low finish of expectations.  Apple was up 19% this yr, together with Monday's loss. Nevertheless, its down about 19% from its report excessive set in October.    Now learn extra Apple protection from Markets Insider and Enterprise Insider: LIVE: Apple unveils its imaginative and prescient for the way forward for tv Apple's rumored Stamp lay acquisition will bolster its cost merchandise 'Apple can be subsequent:' Google's massive plan to upend the online game trade might be a 'preemptive strike' in opposition to Apple, analyst says Be part of the dialog about this story » NOW WATCH: The founder and CIO of $12 billion Ariel Investments breaks down how his top-ranked flagship fund has crushed its friends over the previous 10 years