Apples gaming service Arcade will cost $4.99 a month

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Apple Arcade, as the offering is known, gives the company another way to generate revenue from software and services as it tries to reduce its dependence on devices, particularly the iPhone. Apple teased the gaming product in March before unveiling it Tuesday at an event at its headquarters in Cupertino, California. When Apple first talked about the service, it showed off a few of the games that will be available, including Beyond A Steel Sky, Overland and When Cards Fall. Earlier this year the company stopped telling investors how many iPhones it sells each quarter. WATCH: Apples gaming service Arcade could set off a ripple effect through the industry, says analyst

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