Rumor Apple Plans A PayPal Killer (AAPL, EBAY)
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Price: $336.78 -0.87%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
EPS Growth %: +7.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
EPS Growth %: +7.0%
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According to reports from Silicon Alley Insider, Apple (Nasdaq: AAPL) plans to build a PayPal (Nasdaq: EBAY) killer. The blog cited "Wall Street gossip."
According to the gossip, Apple (AAPL) executives have dropped hints suggesting the company is considering creating a service that would allow iTunes Store account holders to use those accounts to make purchases on participating third-party sites across the Internet.
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