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Hot Stocks: Apple's Acquisition of Quattro Puts It on a Collision Course with Google
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(Editor) Bob'S LATEST HEADLINES

  • Hot Stocks 2 Tuesday, January 5, 2010
    Hot Stocks: Apple's Acquisition of Quattro Puts It on a Collision Course with Google

    With its acquisition of Quattro Wireless, Apple Inc. (Nasdaq: AAPL) has opened the door to competition with Yahoo Inc. (Nasdaq: YHOO), Microsoft Corp. (Nasdaq: MSFT), and especially Google Inc. (Nasdaq: GOOG) in the mobile advertising market.

    And Apple's venerable App Store will play a key role in the company's expansion.

    All Things Digital, a tech blog affiliated with The Wall Street Journal, reported the deal's value at $275 million, citing several anonymous sources. It is the 24th acquisition in Apple's 34-year history, and is characteristic of the previous 23: buying a small company that can easily be integrated into its existing projects.

    In this case, Apple can use mobile web ads developed by Quattro to generate income from outside advertisers.

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  • Outlook 2010 Thursday, December 31, 2009
    Only the Strongest Retailers Will Survive in 2010 as U.S. Consumers Continue to Battle Back
  • Bob Blandeburgo Monday, December 28, 2009
    China's Exports to Return to Growth Next Year, but How Much Will It Matter?
  • Healthcare Monday, December 21, 2009
    Senate Healthcare Bill Headed for Christmas Eve Vote Without Public Option
  • Bob Blandeburgo Saturday, December 19, 2009
    Japan's Measures to Fight Deflation Struggle to Show Progress
  • Banking Thursday, December 17, 2009
    Is Incoming Bank of America CEO Moynihan "More of the Same?"
  • Outlook 2010
    The Three Tech Businesses Investors Can't Afford to Ignore in 2010
  • Top News Wednesday, December 16, 2009
    Tax Break Negates U.S. Profit from Citi's TARP Repayment
  • Recession Monday, December 7, 2009
    Lawmakers Looking to Use Excess TARP Funds for a Second Stimulus
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