Apple’s iCloud Upgrade: Creative Leadership Or Competitive Response?
Previously, I listed iCloud as one of Apple’s (AAPL) uncertain growth/profit areas, explaining:
“iCloud – All the heavies are weighing in along with new, smaller firms, competing aggressively on product and pricing. This activity has the earmarks of a service quickly becoming a commodity with low profitability.”
This view is fleshed out in Tuesday’s WSJ article. “People familiar with the matter” foretold what Apple likely would reveal at its June 11 worldwide developer conference. It addresses these questions…
This article is posted on SeekingAlpha.com
