- Apple Inc is expected to give software makers new tools to make it easier to adapt their iPad and iPhone apps for its Mac laptops on Monday at its annual developer conference in San Jose, California.
Investors are looking to Apple's services business to power Apple's revenue and profits as iPhone sales decline. Revenue from the company's signature device had its biggest-year-over year decline ever in its most recent quarterly earnings report. Chief Executive Tim Cook and software chief Craig Federighi are expected to announce in a keynote address new tools that will make it easier for developers to put their apps on Macs without completely rewriting the code. Apple previewed the tools at last year's conference, saying they would be released this year, and Bloomberg reported in recent weeks that Apple still plans to release them.
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