Friday, September 10, 2010

Apple Blinks in Apps Fight -

Fascinating to see Adobe’s stock jump ~12% yesterday, apparently in large part based on Apple’s application policy change (which will reportedly still block an iOS Flash client but will resurrect Adobe’s iOS Flash quasi-emulator)

The concession comes after the Federal Trade Commission launched an inquiry around June to determine whether Apple had violated antitrust laws with the earlier policy. It isn't clear if Apple's move Thursday was in response to the FTC's investigation, but it will likely be carefully scrutinized by the regulatory agency, said people familiar with the situation.

An Apple spokeswoman didn't respond to requests for comment about the FTC probe. The FTC declined to comment.

Apple Blinks in Apps Fight -

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