Apple is developing an app to compete with Instagram and Snapchat

According to the source, Apple is working on a new service that should compete with the most popular products on the market.

They say about developing an app to share videos. I do not mean professional video processing and video sharing and simple processing using filters and applying the various texts. As an analogue one example is Snapchat.

Mainly will be focused on the exchange of just taken videos. Naturally, we can expect limitations on the duration of the rollers. Reportedly, the software is integrated the ability to publish the captured and processed video in third-party social networks.

Expect the new service is only in the next year. Recall, the last financial report, Apple revealed that sales of iPhone in annual terms declined by 15%.

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