This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

iPhone to Stream YouTube Clips

Apple (AAPL - Get Report) said Wednesday that it created an application to let iPhone users wirelessly download and play video clips from YouTube.

The move bolsters the iPhone's appeal as a portable entertainment and Internet device and tightens the bond between Apple and YouTube's parent company, Google (GOOG - Get Report).

Apple will be the first company to use YouTube's mobile video format that's suited to a cell phone's smaller screen. YouTube's mobile format also prevents videos from sapping a cell phone's battery life.

In late May, Apple announced that its television set-top box would be able to download and play YouTube videos over wireless home networks.

Most YouTube videos are homemade, but some companies, including CBS (CBS - Get Report), have experimented with airing clips of copyrighted broadcast on the site.

Giving Apple products access to YouTube increases the video material available to iPhone and Apple TV users who can also pay to download copyrighted videos and movies from Apple's iTunes service.

The company is looking for ways to increase the value of the iPhone -- due out June 29 -- for which it is charging a premium price of $499 for the base model and $599 for additional memory.

Apple designed a touchpad keyboard rather than actual keys to maximize the size of iPhone's screen so that users could easily watch videos and surf Internet sites.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.02 0.00%
CBS $46.25 0.00%
GOOG $683.57 0.00%
TWX $69.16 0.00%
FB $104.07 0.00%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs