Thursday, September 1, 2011

Apple Inc. (NASDAQ:AAPL) Suffers Newspaper Blow

The Financial Times has removed its apps from Apple Inc. (NASDAQ:AAPL)'s App
Store. Apple Inc. (NASDAQ:AAPL) Suffers Newspaper Blow The Financial Times
newspaper has removed its apps for iPhone and iPad from Apple Inc.
(NASDAQ:AAPL)'s App store after the companies failed to reach a compromise on
new subscription terms. The FT apps now directs readers to its own web app which
allows them to work according to Apple Inc. (NASDAQ:AAPL)'s new terms. Apple
Inc. (NASDAQ:AAPL) recently put forward some new terms including the requirement
that digital contents must be sold through its iTune stores, which allows the
company to collect customers' valuable data. Apple Inc. (NASDAQ:AAPL) shares
were at 384.83 at the end of the last days trading. Theres been a 11.4% movement
in the stock price over the past 3 months. Apple Inc. (NASDAQ:AAPL) Analyst
Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.23 (1=Strong Buy,
5=Strong Sell) 3 Months Ago: 1.22 Zacks Rank: 1 out of 2 in the industry

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