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AAPL Apple Inc

183.78
10.75 (6.21%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Apple Inc NASDAQ:AAPL NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  10.75 6.21% 183.78 183.35 184.00 187.00 182.66 186.645 163,224,774 05:00:00

Apple, Amazon in Licensing Talks With Saudi Arabia -Reuters

28/12/2017 11:13am

Dow Jones News


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--Apple Inc. (AAPL) and Amazon.com Inc. (AMZN) are in licensing discussions regarding investing in Saudi Arabia, according to Reuters, citing unnamed sources.

--A licensing agreement for Apple stores with SAGIA, Saudi Arabia's foreign investment authority, is expected by February, Reuters says, with a 2019 target for the first retail store.

--Amazon's talks, which are at an earlier stage than those of Apple, are being led by Amazon Web Services, the company's cloud-computing division, and as of yet, there is no specific date set for Amazon's investment plans, Reuters says.

--While at present neither company has a direct presence in Saudi Arabia, both Amazon and Apple sell products in the country through third parties, according to Reuters.

 

Full story: http://reut.rs/2Cj1pKY

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

December 28, 2017 05:58 ET (10:58 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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