Apple preparing to launch video subscription service?

Apple may be on the verge of rolling out a video subscription service, says Jeffries analyst Peter Misek. "As part of Apple's roll-out of cloud video services (and eventually an iTV)," he writes in a memo, "we believe Apple has unannounced deals with all/most of the studios/TV networks that are similar to the subscription streaming deal between Amazon and CBS." Business Insider remarks that during last night's CBS earnings call, CEO Les Moonves is quoted as saying "We hear about Apple wanting to buy content, and Google. Et cetera, et cetera. And Microsoft."
On Apple's most recent quarterly results call, CFO Peter Oppenheimer promised "some neat stuff coming" for iTunes movies and TV shows. B... »read more

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