It appears that Apple is getting more serious about expanding into the social media market. According to a recent report by the New York Times, talks have heated up between Apple and Twitter, as the global powerhouse is attempting to purchase a share of the highly successful social media outlet.
Twitter is rumored to be worth about 10 million dollars, which means that Apple will have to spend at least a few hundred million dollars to purchase as share. Since Apple is at odds with FaceBook and Google, they have been on the outside looking in on the social media world. This could also play into Twitter's favor as it gives them more leverage and could drive up their asking price. However, a partnership with Apple would ensure a more stable future for Twitter.
Despite both Apple and Twitter denying the potential partnership, many experts believe that this business relationship is only a matter of time before it comes to fruition. Experts feel that these two companies would make for a perfect partnership as they have already established a friendly coexistence.