By Dow Jones Newswires
Investors in Verizon Communications Inc. have been betting big on the company’s newly announced deal to sell Apple Inc.’s iPhone product — pushing the stock to some of its highest valuation levels in the past decade.
That has sparked debate on Wall Street about how economically beneficial the device will be to the carrier, despite widespread projections calling for the sale of 10 million units or more this year.
In particular, the iPhone likely will be heavily dilutive to Verizon’s earnings this year, given the subsidies the carrier will have to shell out to Apple for the device. Get the full story »
By Reuters
Verizon Wireless has announced that the iPhone will be available on its network in early February. (Justin Sullivan/Getty Images)
After waiting three-and-a-half years, Verizon Wireless customers will finally get their hands on Apple’s iPhone next month.
The top U.S. wireless operator ended months of speculation and anticipation from impatient consumers on Tuesday by announcing that it would begin selling a version of the iPhone on Feb. 10 at the same prices as AT&T.
“I’m going to switch right away. I’m going to go back to Verizon,” said Raheem Noble, 24, a New York City rapper, who was on his way to buy the device before being told that preorders would not begin until Feb. 3. Get the full story »
Jan. 10 at 10:15 a.m.
Filed under:
Stock activity,
Technology
By Reuters
Shares of AT&T Inc. fell 1.5 percent Monday as investors bet that sales of an Apple iPhone at its bigger rival Verizon Wireless would take away customers from AT&T. Get the full story »
Jan. 7 at 4:43 p.m.
Filed under:
Consumer electronics,
Technology,
Updated
By Dow Jones Newswires
(Justin Sullivan/Getty Images)
Verizon Wireless said Friday that it will host an event in New York City on Tuesday, fueling speculation of an announcement regarding a Verizon-powered iPhone.
The invitation was largely devoid of details, saying little other than that Verizon President and Chief Operating Officer Lowell McAdam would host.
Verizon Wireless, the largest U.S. wireless carrier, wasn’t immediately available for comment, and iPhone maker Apple Inc. declined to comment. Get the full story »
By Dow Jones Newswires
Skype has agreed to buy Qik, a service that lets users stream video from their smart phones, for an undisclosed amount.
The price tag has been reported to be about $100 million, though Skype said it won’t provide terms. The deal is expected to close this month. Get the full story »
By Dow Jones Newswires
Apple Inc. allowed personal information from users of applications for its iPad and iPhone devices to be transmitted to advertising networks without the users’ knowledge, according to a lawsuit brought against the technology giant last week, Bloomberg News reported Tuesday. Get the full story »
Bloomberg News | Apple Inc. has been sued over claims that some of its iPhone and iPad apps, including Pandora and dictionary.com, transmit users’ personal information to advertisers.
By Associated Press
Nine-year-old Lauren Hummingbird wants a cell phone for Christmas — and not just any old phone, but an iPhone. Such a request normally would be met with skepticism by her father, Cherokee Nation employee Jamie Hummingbird.
He could dismiss the obvious reasons a kid might want an iPhone, except for this — he’s a proud Cherokee and buying his daughter the phone just might help keep the tribe’s language alive. Get the full story »
By Associated Press
The publisher of the popular “The Smurfs’ Village” game for the iPhone and iPad has added a warning that virtual items such as “Smurfberries” cost real money – as much as $100 with just two taps on the screen.
An Associated Press story this month revealed how easy it is for kids to buy such virtual items and have them billed to their parents without their knowledge. Like many other free games, “Smurfs’ Village” makes money by selling the virtual goods to advance play. Get the full story »
By Associated Press
It won’t save you from “enhanced patdowns,” but an iPhone app from the TSA tries to ease the pain of air travel by offering guidance on prohibited items, security wait times and packing tips. Get the full story »
By Associated Press
Smartphones running Microsoft Corp.’s new software are now available for AT&T Inc. and T-Mobile USA customers. Get the full story »
By Reuters
Shares in Research In Motion slipped more than 3 percent on Friday morning as investors fretted the BlackBerry smartphone’s stranglehold on corporate communications was being eroded by rival devices. Get the full story »
By Reuters
Verizon Communications Inc.’s wireless business lost more ground than expected to AT&T in the third quarter, pushing shares down 2 percent.
Verizon Wireless, its venture with Vodafone Group is widely expected to sell Apple’s iPhone early next year, but for now it is playing catch-up to AT&T, the exclusive U.S. iPhone carrier. Get the full story »
Oct. 20, 2010 at 4:10 p.m.
Filed under:
Computers,
Software,
Technology,
Updated
By Reuters
Apple's new ultralight MacBook Air laptops will start at $999. (Getty Images)
Apple CEO Steve Jobs unveiled the thinnest, lightest Mac laptop yet with features borrowed from iPhones and iPads, hoping to grab more market share from Microsoft’s Windows PCs.
The new MacBook Air starts at $999, weighs as little as 2.3 pounds (1 kg), and measures 0.11 inches (0.3 cm) at its thinnest to 0.68 inches (1.7 cm) at the rear. It is designed to replicate the versatility of popular devices like the iPhone and iPad on its venerable computer line, and will incorporate Facetime video chats and an apps store.
Running on flash storage like the iPad rather than hard drives like conventional computers, it can power up instantly and store data twice as fast, executive said. Get the full story »
Oct. 13, 2010 at 2:26 p.m.
Filed under:
Computers,
Investing,
Stock activity,
Updated
By Reuters
Apple Inc.’s shares cruised past $300 for the first time as investors anticipated another strong earnings report from the iPhone maker next week. Get the full story »
