Apple iOS and Google Android in competition that brings their relationship on the edge – Part 2

Right after Apple announced iTunes Match for feasibility to track and save tunes on iCloud and personal devices, Google announced their own online music store, Music Beta.com. This online competitor to iTunes will certainly take a roguish blow at Apple in digital music market.

Moreover, the iPhone 4S battery problem has not been solved with Apple’s so called upgrade iOS 5.0.2. Users are still pouring in at Apple sale centres with complaints that the new update has been impotent.

In other news, Apple has been observed in procuring components for its new 15-inch Macbook Air and new instalment to the iPad family, which is speculated to be either iPad 3 or an upgraded iPad 2S.

Now that the iPad has sold a whopping 3 million units in the first week of sales, the cash flow has increased exponentially. At the start of 2012, the company had in excess of 650 Million in cash and had to shell out dividends to the stockholders. However, still the amount is big. Moreover, the stock prices have gone up bringing the company into the elite of $500 Billion capital holders. There is speculation that the company might touch the Trillion-Dollar mark in the next two years.

The success of iPhone 4S and the new iPad have brought the company in the leading position once again. Their relationship with Google is already on the brink and the latest and greatest development in the capital might any one of them on the edge.

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Posted by Usman Khalid on Mar 30 2012. Filed under Business. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.