Business | Apple’s future

Reluctant reformation

Apple is becoming a very different company, and not just because of its newly unveiled products

|CUPERTINO, CALIFORNIA

APPLE prides itself on constantly re-imagining the future, but even the world’s leading gadget-maker likes to dwell on the past too. Thirty years ago Steve Jobs commanded the stage at the Flint Centre for the Performing Arts near Apple’s headquarters in Cupertino to show off the new Macintosh computer. On September 9th Mr Jobs’s successor, Tim Cook, held a similar performance in the same location to thunderous applause. Those invited were given a chance to play with the gadgets presented on stage: two new iPhones and a wearable device, called the Apple Watch. “This is the next chapter in Apple’s story,” he said, sounding much like the young Mr Jobs in 1984.

It may well be true—but not for the reasons most people might think. Consumers, analysts and investors have been howling for proof that Apple can still do the magic tricks of the Jobs era; iPad sales have weakened in recent quarters and the iPhone, launched a tech aeon ago in 2007, still generates more than half of the firm’s revenues. Yet lost in the maelstrom of snazzy new gadgets, applause and photos was an important shift: this week’s announcements showed that Apple’s future will be less about hardware and more about its “ecosystem”—a combination of software, services, data and a plethora of partners.

This article appeared in the Business section of the print edition under the headline "Reluctant reformation"

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