Apple (AAPL) will acquire an online data storage firm such as Box or Dropbox, while video streamer Netflix (NFLX) will offer movie downloads in the U.S., predicts research firm CCS Insight in its 2016 outlook. Both Apple and Box (BOX) have partnered with IBM (IBM) to target the enterprise market — large companies, government agencies and educational institutions. An acquisition would enable Apple to extend iCloud technology into the enterprise
Box (BOX) reported fiscal Q2 earnings and revenue above expectations and raised its full-year revenue outlook, but its losses continue to mount and shares of the online data storage and file-sharing service provider fell early Thursday. Box late Wednesday reported a fiscal Q2 per-share loss minus items of 28 cents, wider than the 25-cent loss in the year-earlier period but a penny better than analysts’ expectations of a 29-cent loss. Revenue for
Online storage company Box (BOX) is expected to post a 36% year-over-year jump in revenue when it reports fiscal Q2 earnings after the market close Wednesday. But the company’s continued spending for growth is expected to spur a loss minus items of 29 cents per share for the quarter ended on or near July 31, a penny more than its 28-cent loss in the year-earlier period. Los Altos, Calif.-based Box is also slated to hold a user conference and