Three reasons why Verizon's app store doesn't threaten Apple


Telecom giant Verizon (VZ) announced today it will start offering software applications thorough its new online store, aping Apple (AAPL)'s iTunes strategy.

These applications would initially be usable on TVs connected to PCs or to the internet. The store will deliver Twitter, Facebook, and other popular free web and mobile applications to Verizon customers over its FiOS fiber-optic network, the service that provides voice, data, and TV to millions of subscribers. Verizon also plans to offer 75,000 Internet videos from providers like Veoh Networks and Verizon said it might use FiOS to deliver content to such devices as laptops and smartphones.