Apple Inc. Cuts Mobile Ad Prices

Apple Inc. (NASDAQ:AAPL) has decided to reduce the price for its iAd mobile
advertising service. Apple Inc. Cuts Mobile Ad Prices According to a report,
Apple Inc. (NASDAQ:AAPL) is slashing the amount it charges advertisers to run a
campaign on its iAd mobile ad system. The new pricing comes after Apple
appointed former Adobe executive Todd Teresi to lead its iAd unit in 2012. In
addition to the slashing in prices, Apple Inc. (NASDAQ:AAPL) is increasing the
amount it pays mobile app developers. Apple Inc. (NASDAQ:AAPL) shares were at
497.67 at the end of the last days trading. Theres been a 31.0% change in the
stock price over the past 3 months. Apple Inc. (NASDAQ:AAPL) Analyst Advice
Consensus Opinion: Moderate Buy Mean recommendation: 1.16 (1=Strong Buy,
5=Strong Sell) 3 Months Ago: 1.21 Zacks Rank: 1 out of 2 in the industry