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Qihoo 360 (QIHU) Back on Apple's (AAPL) iTunes Apps Store

February 8, 2012 8:04 AM EST
QIHU Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)
Qihoo 360 Technology Co. Ltd. (NYSE: QIHU), a leading Internet company in China as measured by active user base, today announced that all of its mobile applications for iOS were back on Apple's (Nasdaq: AAPL) iTunes App Store as of 11:00am, February 8, 2012, Beijing Time.

These applications were taken offline by Apple from its iTunes App Store on February 4, 2012 due to unusual user rating activities by unknown sources on certain Qihoo 360 applications. The Company directly contacted Apple officials in the United States on February 6, 2012 and resolved the issue. Apple started the process of reinstating Qihoo 360's mobile applications shortly thereafter. The Company was not asked to modify any of these applications.


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