Reports: iTunes To Stream Videos, A $99 iPhone This Summer
February 11, 2009 at 5:39 PM (PT)
Recession or no recession, rumors about APPLE moves continue to pop up with regularity. CNET NEWS reports that APPLE is in the process of giving iTUNES customers the ability to stream video from the company's servers to any Web-enabled device. And the $99 iPHONE rumor has popped up once again.
Reportedly, APPLE is working on a streaming feature for iTUNES 8, called iTUNES Replay, so it won't force users to store large video files on their hard drives. The cost of such a service is unclear, since APPLE would certainly need to secure licenses from content providers, who'll undoubtedly demand some form of compensation.
The CNET reporter believes there's more at play here: "It's kind of hard for me to believe that Apple would go to the trouble of pounding out complex licensing agreements just to streamline the download process ... People like owning music but renting videos. Is it possible Apple would compete with NETFLIX's streaming rental service?"
Another CNET story cited a report by RBC CAPITAL MARKETS analyst MIKE ABRAMSK, which predicted a $99 IPHONE either in JUNE or JULY. It would launch on existing carriers "with a data plan, entry-level pricing and a lower subsidy."