Apple Inc. (AAPL) Takes Over SnappyCam Photo App

Apple Inc. (AAPL) Takes Over SnappyCam Photo App
ElisaRiva / Pixabay

In order to expand its technical expertise, Apple Inc. (AAPL) continues to take the acquisition route. Reportedly, the company has purchased SnappyLabs, the maker of a popular photography application, SnappyCam for an undisclosed amount.

SnappyCam specializes in adding functions to smartphone cameras. Worth $1, the application helps smartphone users to simplify and accelerate the process of taking pictures through the built-in camera. The app enables the smartphone camera to keep on taking photos continuously as long as the on screen shutter-button is pressed.

Qualivian Investment Partners July 2022 Performance Update

stocks performance 1651757664Qualivian Investment Partners performance update for the month ended July 31, 2022. Q2 2022 hedge fund letters, conferences and more Dear Friends of the Fund, Please find our July 2022 performance report below for your review. Qualivian reached its four year track record in December 2021.  We are actively weighing investment proposals. Starting in November Read More

The acquisition will give Apple the opportunity to enhance the camera feature of its smartphone. The company is facing significant competition in most of the markets from handset makers who are using Google’s (GOOG) Android operating system. Most of these devices carry cameras, which have features much better than Apple’s iPhone.

In such a scenario, the enhanced camera feature will not only boost user experience but will also justify the premium pricing of the product.

Apple makes small but strategic acquisitions that provide it with specific technology or products. Over the last 12 months, the company has acquired a number of companies from diversified fields that include social media data generator, data compressor technology provider, ma