Apple Hard At Work On Streaming Video Service (AAPL)

Silicon Alley Insider

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Apple is hard at work on a streaming video service, presumably for the next Apple TV, CNet's Greg Sandoval reports.

While Apple was expected to deliver a music streaming service soon, it looks like that's been shelved in favor of the video service. Sandoval reports Apple has the team from Lala working full time on building the video service.

See Also: Why The Cloud Is Critical To Apple's TV Strategy

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