Rumor Apple Plans A PayPal Killer (AAPL, EBAY)

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.

Link to SAI

You May Also Be Interested In

• Apple Cuts Jobs in Siri, Vision Pro 3D Video and Gaming Teams - Bloomberg
• CoStar Group acquires Zonda for $800M, adding new home data
• Active options: AAPL NVDA TSLA SPCX AAPL MSTR INTC MRNA WMT