Apple Burns Akamai Stock On Internal CDN Shift

By | October 28, 2015

Scalper1 News

Akamai Technologies stock plunged Wednesday on views that Apple (AAPL), its biggest customer, is shifting more of its own traffic to an internal content-delivery network (CDN) and that two other media customers are doing the same. A delay in Apple’s Web-TV service launch continues to be a dark cloud over Akamai (AKAM) stock as well, amid Akamai’s higher network investments to support so-called OTT, or “over-the-top” online video services. Scalper1 News

Scalper1 News