Cheddar's report doesn't go into detail about the supposed gaming subscription service, nor does it give any idea of pricing.More news: Musk not anxious about Tesla Model 3 demand, but Wall Street is
Similar to platforms like Sony's PlayStation Plus, Microsoft's Xbox Live Gold or Nintendo's Switch Online, Apple's Netflix-like service will reportedly offer access to a select number of mobile titles for a monthly fee. According to the article, the iPhone creator had been in private talks with game developers regarding this service late previous year.
It's reasonable to think this game service will tie into Apple's App Store.More news: Super Smash Bros. Ultimate is the fastest selling Nintendo game ever
One of the most overlooked things about iOS and iPhones are the insane expensive apps and services that live on the App Store. "Subscription has proven to be a successful way of monetizing on mobile".
Should Apple start publishing games, they can take advantage of the current subscription-heavy payment models.
Services, which include paid offerings ranging from iCloud storage to Apple Music, are the company's fastest-growing business segment.More news: Pope Reaffirms Priest Celibacy But Makes A Case For Exception
Apple said it booked almost $40 billion in services revenue by last year, and Apple has a public goal that it should be a $50 billion per year business by 2020.