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AAPL Stock: 562.29 ( -3.03 )

Motorola-Apple deal closes hours before announcement

updated 08:40 am EDT, Tue July 27, 2004

Motorola-Apple iTunes deal


Forbes has a made yesterday evening, noting that "the deal was announced in the Chicago suburb of Rosemont on Monday night by Motorola Chief Executive Edward Zander on the eve of the company's annual meeting with financial analysts. Steve Jobs, Apple's CEO, appeared by a video conference link. They had finalized the deal only hours before the announcement....Although iTunes will be the default jukebox on future Motorola phones, the deal is not an exclusive partnership."


by MacNN Staff

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