Apple (AAPL) previously discussed the idea of creating a business to rent out its cloud servers to the millions of developers that make apps for its devices, The Information’s Aaron Tilley reports.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAPL:
- Now Streaming: Netflix reportedly holds partnership talks with Spotify
- Morning News Wrap-Up: Thursday’s Biggest Stock Market Stories!
- Apple’s (AAPL) China iPhone Sales Grow for First Time in Two Years
- Bank of America Reaffirms Buy Rating on Apple Stock (AAPL) After Strong App Store Performance
- Strong App Store Growth and Strategic Positioning in Emerging Markets Drive Buy Rating for Apple