Analysts wary of Apple-Akamai, Google rumor

Akamai, the company in charge on most of Apple’s content delivery for iTunes and most of its online services, was falsely reported to being dumped by the company, in favor of a switch to Google. Seeking Alpha writes that Swiss American subsidiary Credit Suisse, despite the fact that they are not Akamai’s financial representatives, was blamed for initiated the rumor. Swiss American later denied that they gave any information regarding Apple’s supposed plans, even though technologist Dan Rayburn received the update from several different analysts.

Rayburn speculates that, even if the deal were true, Apple and Google would stand to gain very little, or at least not enough to make the deal worthwhile. He says that it might be a possibility in regards to delivering video content to iPhone and Apple TV users, but other than a potential discounted service, Google would not be able to supply enough to make any larger offers interesting to Apple.

Akamai signed a renewal contract with Apple relatively recently, after sharing more than 10 years of business together, further casting doubts on the widespread rumor.

Filed under: Investor, industry, Apple
Other story tags: Google, Rumor, partnership, Akamai