Will the Billion Phones Help Apple Be the First Tech Company to Become a Bank One Day?

Apple is getting closer to potentia being something that we initially wouldn't have thought, says John Defterios. The company can spend ten billion dollars a year buying content - but it's not an unreasonable sum for them to build a top ter, not a content portfolio. They're adding nothing about the t v bay people are doing on their phones and tablets. It shows what its really all about: supporting the underlying business of apple.