Apple (AAPL) Begins Opening iAd Platform to Automated Advertising
Get Alerts AAPL Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
EPS Growth %: +20.4%
Join SI Premium – FREE
Apple (Nasdaq: AAPL) has begun opening its iAd services to automated advertising.
Bloomberg reported on Friday that automated, or programmatic, advertising is key for the display ad marketplace. The system allows for graphic promotions that can run on smartphones and desktops. The segment is expected to encompass about 65 percent of the industry by 2016, from 24 percent at the end of 2013.
AdRoll, a new Apple ad partner, CEO Adam Berke commented, Launching with a platform and a partner-driven ecosystem is a proven approach, but not one Apple has really embraced previously .. It gives us the opportunity to bring our 15,000 customers to the iAd platform. It does make a lot of sense for Apple, too -- they can immediately switch on a lot of scale.
The Rubicon Project (NYSE: RUBI) announced its partnership with Apple on November 19th. Others include AdRoll, MediaMath Inc., The Trade Desk, GET IT Mobile Inc., Accordant Media LLC and Adelphic Inc., among others.
Shares of Apple are just about flat on the session.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Apple investigating exposure to Tata Electronics data breach, full analysis underway - Reuters
- Goldman sees a buying opportunity in this consumer stock
- Why this stock remains Barclays’ top EU OEM idea despite sector lag
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!



Tweet
Share