Tuesday Apple Rumors — Amazon Music Player Vanishes From App Store

Here are your Apple rumors and AAPL stock news items for Tuesday: Amazon Cloud
Music Player Evaporates from Apple App Store: Amazon s (NASDAQ: AMZN ) Cloud
Drive lets users store large amounts of digital music on the retailers servers.
Interactive Innovative Solutions aMusic app offered in the Apple (NASDAQ: AAPL )
App Store for use on the iPhone and iPad lets owners of those devices stream
music from their Amazon Cloud Drive accounts. Its an entrepreneurial work around
Apples strict rules on distributing competing media services via the App Store.
That is, it would be if Interactive Innovative Solutions wasnt forced to remove
the app from the store. Evolver.fm (via Apple Insider ) reported on Tuesday that
the apps creator, James Clancey, had to remove the app because of legal problems
. Although he didnt specify exactly what legal problems caused the apps removal,
he did suggest that it was music labels and not Apple or Amazon that pressed the
issue. Clancey said, Labels were not too pleased with the way this app united
Amazons cloud music lockers with Apples iOS devices, according to the report.
Apple Spending Big on Cloud, Retail in 2012: Whats coming next year from
Cupertino, Calif.s big cheese? The iPad 3? The iPhone 5? How about that
newfangled Apple HDTV? All strong candidates for release next year, sure, but
thats what Apple is going to be making money with. What is Apple going to be
spending on with its more than $76 billion? Cloud computing technology and
retail expansion, according to a Monday report from Giga Om . The company is
expecting to drop $8 billion in capital expenditures next year , compared to
just $3.4 billion in 2011. UBS analyst Maynard Um, referring to Apples recently
filed 10-K, noted that Apple will spend $900 million on retail expansion, with
plans to open 40 new stores in 2012, 75% of which will be based outside of the
United States. The remaining $7.1 billion is earmarked for product tooling and
manufacturing process equipment, and corporate facilities and infrastructure,
including information systems hardware, software, and enhancements. As Giga Om
writer Erica Ogg notes, information systems hardware, software, and enhancements
likely refers to the expansion of Apples data center in North Carolina and its
overall data storage/cloud business. Google Brings Gmail App to iPhone: Google
(NASDAQ: GOOG ) offers perfectly usable versions of its tools like email service
Gmail on Apples portable devices, but those services are predominantly only
accessible through the web browser on the iPhone and iPad. Now Gmails 260
million users will have an app of their very own. A Monday report at 9 to 5 Mac
said the technology company is very close to releasing a full-featured Gmail app
for the iPhone . That said, Apple reportedly hasnt approved the app yet, so it
might be some time before its finally available to the public. As of this
writing, Anthony John Agnello did not own a position in any of the stocks named
here. Follow him on Twitter at