08/15/2005, 8:20am, EDT

Monday, August 15th

iTunes-Google deal rumor pushes AAPL to all-time high

A rumored iTunes-Google deal may have helped push Apple's stock to an all-time high last Friday. According to TheStreet.com, shares of Apple "set an all-time high on Friday following a disappointing report from Dell and amid rumors about a major new partnership. According to market chatter, Apple is set to announce a deal with Google calling for Google to offer Apple's iTunes music store through its own site. The rumored deal would pair the nation's leading online music store with its leading search engine." The report quotes an options strategist at Theflyonthewall.com as saying that that "there's 'speculation of an iTunes launch. Google is going to offer iTunes somehow on their platform."

Filed under: industry
Other story tags: digital music/video

, 8

8 comments

Reader Reactions (Please use <i></i> for italic text)

subscribe to comments
for this article

Expand All

Global Settings

ibugv4

Google Tunes

08/15, 8:35am, EDT

This is one step closer to the Googlezon theory!

Fresh-Faced Recruit

Joined Jun 2003

User is offline

budster101

Remove

08/15, 9:59am, EDT

This would remove any 'platform dependent issues'....

Baninated

Joined Dec 2004

User is offline

83caddy16v

go stock go

08/15, 10:55am, EDT

finally, I'm back in the black and making some $$ -- Hopefully this rumor plays out.

Then hopefully Apple will announce a worthy Powermac or Powerbook update and then follow that with the iTunes phone from Motorola (finally!)

All good for Macfanatics and shareholders :thumbup:

Forum Regular

Joined Sep 2000

User is offline

climacs

i bought at $9.50

08/15, 11:43am, EDT

split adjusted :) :) :)

of course now I wish I'd bought 10 times as much.

Fresh-Faced Recruit

Joined Sep 2001

User is offline

trevj

Re. Go stock go

08/15, 11:48am, EDT

I hear ya! I'm in the same boat. However, if this iTunes/Google rumor is proved false, grab your parachute. And please, break my fall.

Fresh-Faced Recruit

Joined Dec 1999

User is offline

83caddy16v

Re: go stock go

08/15, 1:05pm, EDT

If it proves false, I'm selling and will buy back in. I got in late and my post split shares are ~$42.50, so I'd like to at least cover the fees :)

Forum Regular

Joined Sep 2000

User is offline

testudo

Re: remove

08/15, 2:55pm, EDT

This would remove any 'platform dependent issues'....

Sorry, unless Apple releases Quicktime, which is needed to decode all this DRM crap of theirs, on any platform buy OS X and Windows XP/2000, platform dependence still lives.

Fresh-Faced Recruit

Joined Aug 2001

User is offline

Feathers

Mr. Burns says....

08/15, 3:15pm, EDT

"Excellent!!!" Let's see the Evil Empire put a negative spin on this one. Amazing the way they manage to lead and innovate...from behind! Saw "The Island" the other night and nearly choked when all the "Information Portal's" were MSN and NOT Google! C'mon, that's way too grim a view of the future!

Forum Regular

Joined Oct 1999

User is offline

Your Comments