VENTURE CAPITAL POST

Deutsche Bank expressed its skepticism on the hype created around Apple’s shift to Google’s Cloud Platform from Amazon’s AWS. The bank believes that the move will not have a significant impact and that Apple is just trying to reduce its reliance on just one service.

Sources believe that Apple is trying to enhance its security for iCloud amid the legal dispute with the FBI. However, the tech giant will have its challenges to ensure security while retaining users convenience. Reports also said that the company has moved some of its iCloud services to Google servers.

Just a few weeks after releasing the latest iOS update the iOS 9, Apple released an upgrade to the latest Mac operating system, the OS X El Capitan. The latest upgrade contains many new feature that users have been waiting for including an important security update since cyber-attack is on the rise lately.

Compared to their iOS counterparts, Developers in the Mac App Store are making significantly less money and feels like they are treated like second class citizens in the world of Apple. This is bad news for developers and consumers alike.

Apple is now compromising a free 30-day extension for paying iCloud subscribers in Greece without added cost. This is Apple's way to avoid downgrading and intermission of services to its Greek customers who are presently not capable of paying monthly fees due to control procedures proposed in the country.

Apple Inc's (AAPL.O) iCloud storage and backup service in China was attacked by hackers trying to steal user credentials, a Chinese web monitoring group said, adding that it believes the country's government is behind the campaign.

U.S. stocks ended mostly down on Wednesday, as a decline in Apple shares dragged the Nasdaq lower and investors held off on big bets before the European Central Bank's upcoming policy meeting.

Analysts said that Apple is well-equipped with advantages that would keep it from BlackBerry's fate.