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August 29, 2006

Barrel of Apple News Today!

posted by MR WAVETHEORY at 8/29/2006 04:10:00 PM
First, SpiralFrog announces that it is giving music away for free in a partnership deal with Universal - giving Apple a run for its money. To drive the point home, SpiralFrog announced that the service will work on every music player but Apple iPods!

Then, Apple neutralizes that news by announcing that Eric Schmidt will be joining the board of Apple - giving investors hope that Google will not be among Apples' potential competitors. Both stocks fell today in spite of the news. The press release was celebratory as would be expected!

What do you make of it? It's the old Microsoft vs Apple. PC vs Mac format war all over again. I think Apple realizes that it needs to align itself with Google.

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