San Francisco — Apple is aiming to show it can do more than just make iPhones, in a quarterly update on Tuesday for investors who are sceptical over whether the culture-changing company can regain the momentum from its glory days. In recent weeks, Apple shares have been hammered on concerns that its best days are over, with smartphone sales slipping and no new “big thing” on the horizon. Amid turbulence in the tech sector, Apple has lost its trillion-dollar status and slid behind rivals Microsoft and Amazon on the list of most valuable corporations. The California tech giant has been trying to shift focus to growth in the side of its business devoted to selling music, movies, apps, and services to the vast “install base” of Apple gadget owners, as well as via other internet-linked devices. Apple delivered a stunning admission earlier this month that iPhone sales and overall revenues would be below most forecasts, citing economic weakness in China and trade frictions between Washingt...

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