07/27/2012 11:04 pm ET Updated Sep 26, 2012

Apple Is Said To Discuss An Investment In Twitter

Apple, which has stumbled in its efforts to get into social media, has talked with Twitter in recent months about making a strategic investment in it, according to people briefed on the matter.

While Apple has been hugely successful in selling phones and tablets, it has little traction in social networking, which has become a major engine of activity on the Web and on mobile devices. Social media are increasingly influencing how people spend their time and money -- an important consideration for Apple, which also sells applications, games, music and movies.

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