NEW YORK (TheStreet) -- Apple Inc. (AAPL) is said to be looking to expand its corporate presence by working with over a dozen developers and hiring a "dedicated sales force" to speak with potential clients, such as Citigroup (C) , sources told Reuters.
The iPhone maker is looking to counteract a gradual decline in growth, due to a straight three quarter drop in iPad sales, by expanding its workplace identity, Reuters added.
In July, Apple announced it entered into a business partnership with IBM (IBM) which brought IBM's "big data and analytics capabilities to iPhone and iPad."
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Experts within the industry believe that the partnership with IBM gives Apple the chance to challenge the dominance of Hewlett Packard (HPQ) and Dell (DELL) in office IT, and Oracle (ORCL) and SAP's (SAP) work applications command, Reuters noted.
Shares of Apple are lower by 0.06% to $108.77 in pre-market trading on Tuesday.
Separately, TheStreet Ratings team rates APPLE INC as a Buy with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation: