Apple hints at iTunes video rentals; Piper analyst does not expect AAPL stock split anytime soon

“Apple Inc. strayed from making any material announcements during its shareholders meeting on Thursday, but did hint that it will offer video rentals through iTunes at some point in the future,” Prince McLean reports for AppleInsider.

“‘Timing of this is difficult to determine, but we would expect [iTunes video rentals] sometime in 2008,’ said PiperJaffray analyst Gene Munster, who attended the shareholder gathering in Apple’s hometown of Cupertino, Calif.,” McLean reports.

McLean reports, “In a note to clients, Munster [also] noted that an Apple stock split is looking less likely in the near term.”

Full article here.