Apple and IBM made a joint CEO announcement yesterday, that they plan to jointly offer new apps for enterprise to run on iOS devices. The first of these apps will be introduced this Fall.
Tim Cook said a couple years ago he put a team together to work with a team at IBM to determine ways the two companies could work together to tap the enterprise market in a big way. He said the idea came when he learned that the airline industry were using ipads to replace stacks of hard paper manuals on the aircraft. IBM wants to take this to the next level making apps for the ipad and iphones that will operate with better search and troubleshoot, including AI architecture. Apple says they want to enable IBM to offer complete hardware and apps packages to their enterprise customer base. Tim Cook, said this goes well beyond the Airline applications. It will include apps for retail, health care, inventory control, manufacturing, the range of possibilities is unlimited. Apple and it's core of app developers will continue to focus on the consumer
IBM's stock got an immediate $4 boost with the news and Apple, a $2 boost. While IBM held onto it's Boost, Apple was flat at the close and lost it's gain. Analysts claim this will give IBM the boost it has needed for over a year but Apple still needs to show new product innovation this Fall before it's stock will take off from the Previous high of $100/share, split corrected.
Tim Cook said a couple years ago he put a team together to work with a team at IBM to determine ways the two companies could work together to tap the enterprise market in a big way. He said the idea came when he learned that the airline industry were using ipads to replace stacks of hard paper manuals on the aircraft. IBM wants to take this to the next level making apps for the ipad and iphones that will operate with better search and troubleshoot, including AI architecture. Apple says they want to enable IBM to offer complete hardware and apps packages to their enterprise customer base. Tim Cook, said this goes well beyond the Airline applications. It will include apps for retail, health care, inventory control, manufacturing, the range of possibilities is unlimited. Apple and it's core of app developers will continue to focus on the consumer
IBM's stock got an immediate $4 boost with the news and Apple, a $2 boost. While IBM held onto it's Boost, Apple was flat at the close and lost it's gain. Analysts claim this will give IBM the boost it has needed for over a year but Apple still needs to show new product innovation this Fall before it's stock will take off from the Previous high of $100/share, split corrected.
