Apple (AAPL) Potentially Utilizing Akamai (AKAM) To Deliver Its Movie Rentals
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Price: $330.32 -0.81%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
Revenue Growth %: +10.4%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
Revenue Growth %: +10.4%
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Pacific Crest Securities said it downloaded an Apple (Nasdaq: AAPL) movie and it looked like Apple was potentially using Akamai (Nasdaq: AKAM) to deliver the new movie rental service. Pacific Crest believes this is definitely good for Akamai given the concerns surrounding the Apple business and Akamai's share weakness.
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