It has come to our knowledge that Apple are planning to spend some of its $117 billion on a Twitter investment. Twitter and Apple have been in talks for the last few months and Apple could be poised to place a huge investment of a few million dollars into Twitter, which has already managed to collect close enough to $1 billion in funding.
Twitter is certainly worth the investment; it is expected to generate around $300 million this year. Most of this revenue will come solely from advertising. Furthermore, the Apple investment would give Apple an edge for its iDevices as it would grant them a closer relationship with Twitter and be able to tap into the 150 million or so active Twitter users.
However, Apple and Twitter have been unable to make comment on this.