Google to Include iTunes?
Baher Al Hakim writes "The Street suggests in a recent article that Apple is about to announce a deal with Google to offer Apple's iTunes Music service through Google's site.
The rumored deal would pair the nation's leading online music store with its leading search engine." Update: 08/13 22:00 GMT by T : Truncation untruncated.
For some reason, it *really* annoys me when people link to their own blog instead of the link to the story. At the very least it ought to be obvious that it's a personal link rather than doing it on the sly.
Simon
Physicists get Hadrons!
http://www.thestreet.com/_googlen/tech/hardware/10 237939.html?cm_ven=GOOGLEN&cm_cat=FREE&cm_ite=NA
Shares of Apple Computer (AAPL:Nasdaq - commentary - research) set an all-time high on Friday following a disappointing report from Dell (DELL:Nasdaq - commentary - research) and amid rumors about a major new partnership.
According to market chatter, Apple is set to announce a deal with Google (GOOG:Nasdaq - commentary - research) calling for Google to offer Apple's iTunes music store through its own site. The rumored deal would pair the nation's leading online music store with its leading search engine.
There's "speculation of an iTunes launch," says Paul Foster, an options strategist at Theflyonthewall.com. "Google is going to offer iTunes somehow on their platform," according to the rumor, he says.
Apple spokesman Steve Dowling said the company doesn't comment on "rumors and speculation." A Google representative did not immediately respond to requests for comment.
Meanwhile, Apple's shares might well have benefited from Dell's pain. The computer giant missed Wall Street's revenue targets for its just-completed quarter by $300 million and cautioned analysts that they needed to bring down their revenue targets for its current quarter.
Dell's stumble is in contrast to Apple, which has seen its computer sales and share in the PC market surge in recent quarters.
"Some investors seem be rotating out of Dell into Apple," says Foster. "Investors kind of have the attitude that Dell's weakness is Apple's strength."
Shares of Apple closed regular trading up $2.10, or 4.8%, on Friday to $46.10. The company's shares traded up as much as $2.22, or 5%, intraday. Volume totaled nearly 33 million shares, well above its three-month norm of 18.6 million shares.
http://www.technoogle.com/?p=114
Wall Street suggests in a recent Article that Apple is about to announce a deal with Google, to offer Apple's iTunes Music service through its site.
That's MAJOR news indeed.
If it turns out to be right, it would be a great deal for both sides, as Apple will gain a wider audience for its music service iTunes through the enormous base of Google visitors, and Google too will at last have a music service to offer, like Yahoo did a while ago.
No need for Google to start its own Music Service, they'll have the best Music Service by their side, what could be better than that.
This is very exciting cooperation between two of the biggest and most influential companies in the Tech World, and it has never crossed my mind, until now.
Let's wait and see.
"The problem with our economy is that our budget is balanced by people who aren't" - A.E.N.