The financial media's making a big deal out of Apple's
Is this really such a surprise? It's inevitable. Apple and Google are on a collision course for tech supremacy, and the two once chummy companies are now fierce competitors.
Both parties will be fine here. Google will have more control over the monetization and updating frequency of its application. Apple will be free to turn heads when it makes a bigger play for video entertainment without having to ruffle Google's feathers.
The future will be interesting, and if it means having to download a YouTube app on your iPhone 5 next month, so be it.
Briefly in the news
And now let's take a quick look at some of the other stories that shaped our week.
climbed higher on Thursday after posting better-than-expected revenue and issuing robust guidance for the current quarter. Fears that the OLED specialist would be hitting some rough patches were clearly overblown. (Nasdaq: PANL)
Sirius XM Radio
posted encouraging quarterly results, bumping its adjusted EBITDA target higher in the process. Now would be a good time to laugh at all the skeptics who argued that satellite radio would be a transitory technology. Sure, everything is ultimately transitory, but Sirius XM Radio grows more popular with every passing year. (Nasdaq: SIRI)
- China's Renren
saw its quarterly revenue pop 48% higher, but that was entirely the handiwork of its online gaming initiatives. Display advertising declined by a little more than 10%. Social-networking growth isn't always a lock. (NYSE: RENN)
Now that you've had a glimpse of the past, let's delve into the future. A new report details the latest Rule-Breaking multibagger that has earned Fool co-founder David Gardner's attention. The report is free, and you're closer to it than you might think. Check it out now.