We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Apple (AAPL) to Weed out Unwanted Apps from App Store
Read MoreHide Full Article
Spring cleaning may not be round the corner yet, but it seems Apple Inc. (AAPL - Free Report) is steadfast on doing some cleaning up this season. In a bid to enhance the user experience on its App Store, the tech juggernaut is sending out e-mails to the app developers cautioning them of the scrutiny process for unwanted apps that is about to start on the platform.
Per the e-mails, if an app is found to be outdated, not functioning as it should be or breaching review guidelines in any manner, it will no longer be featured on the App Store. Additionally, the company strives to optimize search options by limiting app names to a maximum of 50 characters on App Store.
The scrutiny process will begin from Sep 7, 2016.
The App Story So Far
Apple launched the App Store in 2008 to offer iPhone and iPad users a plethora of apps to choose from. As of June this year, Apple reported 2 million apps on its App Store for the iOS platform that have been downloaded 130 billion times.
However, there are several apps that were never downloaded or do not function at all. Additionally, millions of apps were never updated by their respective developers as a result of which these are incompatible with the current iOS.
It remains to be seen whether App Store will witness a drastic decline in the number of apps due to the latest revisions.
Apple’s New iPhone
We note that, the review process on the App Store commences on the day the company has scheduled the launch of its much-awaited iPhone 7, which is rumored to feature usability while wearing gloves and be able to spit out water out of the speakers. Additionally, Apple is expected to shed some light on the launch of its iOS 10 on the same day.
Some better-ranked stocks in the broader technology space include Avid Technology, Inc. and Infoblox Inc. , both sporting a Zacks Rank #1(Strong Buy) and Aspen Technology, Inc. (AZPN - Free Report) , carrying a Zacks Rank #2 (Buy).
Confidential from Zacks
Beyond this Analyst Blog, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Apple (AAPL) to Weed out Unwanted Apps from App Store
APPLE INC Price | APPLE INC Quote
Zacks Rank & Key Picks