Five Dumbest Things on Wall Street: Feb. 26
Apple Sheds Its Soft Core
Apple (AAPL) no longer wants to be accused of being soft core.
Apple is banning many sexually suggestive applications for its iPhone, according to Tuesday's New York Times. In a move that surprised many application developers, the company is cracking down on so-called apps that feature photos of women in bikinis and lingerie. Apple said the new policy comes in response to widespread complaints from App Store users.
"It came to the point where we were getting customer complaints from women who found the content getting too degrading and objectionable, as well as parents who were upset with what their kids were able to see," said Philip W. Schiller, head of worldwide product marketing at Apple.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV