Video entertainment was the one that got away from Apple, but recent moves reveal the company is taking a second stab at the category, and that streaming video will play a major role.
The addition of video cameras to Apples latest iPhone and iPod Nano were just the first hints of the companys new personal-media strategy. The company is also building a 500,000 square-foot data center in North Carolina, which could provide the massive bandwidth required for ubiquitous streaming video. And Apples recent acquisition of Lala suggests its interested in rebooting iTunes into a streaming service, according to Wall Street Journal. That means music, in Lalas case, but the same infrastructure could be shared with streaming video.
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