1 | Apple Inc (AAPL.O) will delay its live TV service to at least next year, Bloomberg reported, citing people familiar with the iPhone maker's plans. |
2 | The company had planned to introduce the service, which is delivered over the Internet, this year. |
3 | Discussions with broadcasters such as CBS Corp (CBS.N) and Twenty-First Century Fox Inc (FOXA.O) to license programming are progressing slowly, and lack of content has led Apple to scrap plans to announce the service at a Sept. |
4 | 9 event, Bloomberg said. |
5 | Apple also lacked the computer network capacity to ensure a good viewing experience, Bloomberg said. |
6 | The company still plans to introduce a more powerful version of its Apple TV set-top box at the event, which will be held in San Francisco. |
7 | Apple was aiming to price the new service at about $30 to $40 a month, media reports have said. |