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Apple is making a $1 billion bet on its next big business

Apple's TV efforts haven't exactly taken the world by storm thus far. For starters, Planet of the Apps -- which represented Apple's first foray into original programming -- was largely derided by both critics and viewers. What's more, there's no indication that Apple's most recent effort -- a spin-off of the popular Carpool Karaoke segment from the The Late Late Show with James Corden will be a huge breakout or even viral hit.
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