Apple (AAPL) Snubs Google (GOOG) in China, Opts for Competitor
Tweet
Share
E-mail
Get Alerts GOOG Hot Sheet
Up)Join SI Premium – FREE
Google's (Nasdaq: GOOG) efforts to get more widespread exposure in China will be a little more difficult starting in June.
According to reports from Sina Corp. (Nasdaq: SINA), Apple's (Nasdaq: AAPL) next iOS will have Baidu's (Nasdaq: BIDU) search engine as its default choice.
The move is a smart one for Apple, which is seeking to gain further ground in the ever-expanding Chinese mobile market as well as put a little distance between itself and Google (Nasdaq: GOOG).
Those following the Chinese search giant will be familiar with its efforts to also launch a cloud-based system akin to the ones Google and Apple are rolling out. Whether or not this will cause some rift between Apple and Baidu in the future is yet to be seen.
For now, the two will play nice and help each other along in gaining further control of arguably the world's largest mobile market.
Shares of Apple are indicated for a higher open Friday.
According to reports from Sina Corp. (Nasdaq: SINA), Apple's (Nasdaq: AAPL) next iOS will have Baidu's (Nasdaq: BIDU) search engine as its default choice.
The move is a smart one for Apple, which is seeking to gain further ground in the ever-expanding Chinese mobile market as well as put a little distance between itself and Google (Nasdaq: GOOG).
Those following the Chinese search giant will be familiar with its efforts to also launch a cloud-based system akin to the ones Google and Apple are rolling out. Whether or not this will cause some rift between Apple and Baidu in the future is yet to be seen.
For now, the two will play nice and help each other along in gaining further control of arguably the world's largest mobile market.
Shares of Apple are indicated for a higher open Friday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Magnificent 7 stocks may soon see wave of investment dollars from largest US funds
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
- Buy this beauty and cosmetics stock ahead of earnings report - Deutsche Bank
Create E-mail Alert Related Categories
Insiders' BlogSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
