Los Angeles
– Apple (NASD: AAPL) plans to introduce a new mobile advertising platform that will deliver
targeted ads to users of its iPad, iPhone and other devices, MediaPost
reported, citing unnamed sources. Possibly nicknamed "iAd," the
platform is expected to be announced on April 7, just days after the
introduction of Apple’s iPad tablet computer.
The platform is believed to have
been built on technology acquired through Apple’s purchase of Quattro Wireless
for around $300 million several months ago.
Various media reports noted that a
move into targeted advertising would put Apple up against online ad giant
Google (NASD: GOOG), which purchased Quattro rival AdMob for $750 million last year.
Poll: Will Apple’s rumored new iAd advertising platform be a success?
Related Links:
http://snipurl.com/v5bgf
(MediaPost)
http://snipurl.com/v5bfz
(Wired.com)
This would be great for advertisers, especially since the target audience is so massive with the popularity of the iphone.
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It seems like iAd could be a valuable platform for advertisers with the strength of the iPhone and also set the stage for geographically targeted ads.