Apple Looking To Possibly Launch A New Video-Focused Cloud-Based Service

Apple About To Launch New Video-Focused Cloud-Based Service

Jefferies & Co. believes Apple Inc. (NASDAQ: AAPL) is about to launch a new video-focused cloud-based service. The brokerage continues to believe that the assault on the living room likely means the introduction of another Apple appliance or device. The brokerage reiterated its “buy” rating on shares of Apple with a price target of $450.

In addition to subscription revenues, we think Apple could potentially benefit from a halo effect that increases units and average selling prices for its existing products and provides a foundation for the launch of an iTV-like device,” said Peter Misek, an analyst at Jefferies.

We spent the last couple of weeks channel checking with developers and content providers on Apple’s possible plans regarding the cloud and their assault on the living room,” said Misek.

Misek believes Apple’s data center in North Carolina has gone live or will do so shortly. Some unconfirmed indications point to Apple possibly building another super data center next to the first: Apple purchased adjacent land at a high price; aerial footage shows Apple has cleared adjacent land; and at the announcement ceremony for the facility, a mock-up showed two side-by-side data centers.

Also, based on discussions with large multinational players, Misek additionally believes that plans for data center builds in other parts of the U.S. and Europe are accelerating meaningfully. Misek cannot trace the owner of these others back to Apple, but believes the specs to be similar. He can envision Apple creating the service first in the United States and then rolling it out internationally.

We find it notable that the content companies, citing a lack of domain license, asked Cablevision to remove channels from its iPad app. We believe these same companies are negotiating some sort of deal with Apple. We would find it easy to believe that Steve Jobs’ final hurrah before turning the reins over would be to revolutionize video much in the same way Apple has transformed the mobile, computing, and music world. It is also notable that his authorized biography is due in 2012,” said Misek.

Read Full Story: International Business Times

 

Follow Us!

CloudTweaks

Established in 2009, CloudTweaks.com is recognized as one of the leading authorities in cloud computing information. Most of the excellent CloudTweaks articles are provided by our own paid writers, with a small percentage provided by guest authors from around the globe, including CEOs, CIOs, Technology bloggers and Cloud enthusiasts. Our goal is to continue to build a growing community offering the best in-depth articles, interviews, event listings, whitepapers, infographics and much more...
Follow Us!

Latest posts by CloudTweaks (see all)

Sorry, comments are closed for this post.


CloudTweaks Sponsors - Find out more!

Popular

Top Viral Impact

Cloud Computing Offers Key Benefits For Small, Medium Businesses

Cloud Computing Offers Key Benefits For Small, Medium Businesses

A growing number of small and medium businesses in the United States rely on as a means of deploying mission-critical software products. Prior to the advent of cloud-based products — software solutions delivered over the Internet – companies were often forced to invest in servers and other products to run software and store data. The…

Cloud Infographic: The Education Of Tomorrow

Cloud Infographic: The Education Of Tomorrow

Cloud Infographic: The Education Of Tomorrow  Online Education is a very exciting topic for many as it opens up many new doors and opportunities. We’ve touched on areas such as Massive Open Online Sources (MOOC) which provides tremendous levels of cloud based interconnectivity. We’ve taken a look into higher education,  the increased demand for online courses as well as…

Cloud Infographic: Cloud Public, Private & Hybrid Differences

Cloud Infographic: Cloud Public, Private & Hybrid Differences

Many people have heard of cloud computing. There is however a tremendous number of people who still cannot differentiate between Public, Private & Hybrid cloud offerings.  Here is an excellent infographic provided by the group at iWeb which goes into greater detail on this subject. Infographic source: iWeb About Latest Posts Follow Us!CloudTweaksEstablished in 2009,…

Big Data Analytics Adoption

Big Data Analytics Adoption

Big Data Analytics Adoption Big Data is an emerging phenomenon. Nowadays, many organizations have adopted information technology (IT) and information systems (IS) in business to handle huge amounts of data and gain better insights into their business. Many scholars believe that Business Intelligence (BI), solutions with Analytics capabilities, offer benefits to companies to achieve competitive…


Established in 2009, CloudTweaks is recognized as one of the leading influencers in cloud computing, big data and internet of things (IoT) information. Our goal is to continue to build our growing information portal, by providing the best in-depth articles, interviews, event listings, whitepapers, infographics and much more.

You can help continue to support our community by social sharing, sponsoring, partnering or contributing to this great educational resource.

Contact

CloudTweaks Media
Phone: 1 (212) 763-0021
contact@cloudtweaks.com

Join our newsletter