Tech Business Update: Apple May CHALLENGE Pandora, Nokia Sets PHONE Date
Pandora Media (NYSE:P) shareholders are absolutely not liking this, but Apple Inc. (NASDAQ:AAPL) is toying with the idea of creating a rival to the popular custom-radio service, according to the Wall Street Journal, and also has recently begun licensing discussions with record labels. While Apple has tentatively moved into the area prior to this, sources say that these movements appear to be more serious than before. If Apple’s new service does become a reality, it will likely feature iAds and only operate on iOS and Mac OS gear. But, (and it could be a big one) Apple is also reportedly interested in providing “a greater degree of interactivity” than Pandora and other Internet radio providers can support, if okayed by the studios.
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Apple is said to have reduced its orders from Samsung (SSNLF.PK) for NAND and DRAM memory chips for its new iPhone, with beneficiaries including Toshiba, Elpida, and SK Hynix. On the upside for Samsung, it remains the sole manufacturer of Apple-designed microchips for the handset, along with the iPad.
Nokia Corporation (NYSE:NOK) and AT&T Inc. (NYSE:T) have decided upon the date of November 2nd, to initiate selling the just-announced Lumia 920 and 820, according to sources to TechRadar and The Verge. On Thursday, Verizon Wireless confirmed to the Wall Street Journal that it will sell Nokia WP8 devices, without providing specifics. Nokia sold off sharply after its phone announcements, and has provided no pricing details nor identification of launch partners.
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