Here are your Apple rumors and AAPL stock news items for Friday:
Apple Streaming TV Service Shot Down by CBS: The much-discussed Netflix competitor from Apple (NASDAQ:AAPL) has yet to come to fruition because of the Cupertino, Calif.-based company’s inability to woo content partners, or so the rumors go. Rumor no more. A Giga OM report said that CBS (NYSE:CBS) CEO Les Moonves confirmed that Apple approached his network about supporting such a service but that CBS declined. Why turn down one of the most valuable companies in the world? The two couldn’t agree on how to split advertising revenue. Apple has a notorious relationship with content partners because of its insistence on substantial revenue splits. The company fought with magazine publishers for months, refusing to host digital editions of magazines on the iPad if they weren’t offered through the App Store so Apple could take a 30% cut of each sale.
Android More Fragile Than iPhone: Google (NASDAQ:GOOG) Android phones may make up 43% of the entire smartphone market in the United States, far outpacing Apple’s share of 28%, but it turns out that Android’s popularity could cost carriers a significant chunk of change. A Reuters report (via Apple Insider) said that customer support firm WDS has found that Android devices break more often than handsets made by Apple or Research In Motion (NASDAQ:RIMM). The cheap smartphones, with some manufacturers selling Android devices for as little $100, have netted Google’s operating system a majority share, but repairs could end up costing telecoms as much as $2 billion per year.
Siri Going Quiet: The iPhone 4S’s popular new personal assistant appears to be overwhelmed by her new workload. MacRumors is among a number of websites that reported a mass Siri outage Thursday, with a number of users receiving an error message when trying to use the service. If activated, Siri responded, “Sorry, I’m having trouble connecting to the network.” Siri officially still is in beta testing, meaning hiccups like these are not unexpected as Apple perfects the service. Considering that Apple has made the service available in 15 countries in just a few weeks, it’s not terribly surprising that Siri is under serious strain.
As of this writing, Anthony John Agnello did not own a position in any of the stocks named here. Follow him on Twitter at�@ajohnagnello�and�become a fan of�InvestorPlace on Facebook.
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