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Wednesday, April 25, 2012

Greek central banker warns of break with euro zone

Greek central banker warns of break with euro zone



Apple trumps expectations, sells 35 million iPhones in second quarter




View Photo Gallery — Apple: A history of one of the world’s most valuable companies: The tech giant unveiled the third generation of its popular tablet computer, the iPad, in March. Here’s a look back some key moments Apple’s evolution.



Apple’s profit almost doubled last quarter, reflecting robust demand for the iPhone in China as well as purchases of a new version of the iPad tablet, allaying the concerns that fueled a 12 percent two-week slump in the stock.

Do You Like My $700 New York Giants Handbag?



For the month of April, the National Football League has established a temporary, pop-up shop in Times Square—coinciding with the NFL draft, which will be held in New York starting April 26. Inside the shop you'll find familiar items: authentic team jerseys, baseball caps with team logos, and posters of NFL stars in action. You'll also see some slightly odder licensing partnerships: Tervis tumblers and kukui nut necklaces with NFL branding. And you'll see a few products that may seem downright out of place in an NFL shop: yoga pants, and bejeweled and embossed leather handbags.

Monthly smartphone bills down at AT&T, challenging picture of growth


NEW YORK — Hidden in AT&T Inc.’s financial statements is a story that runs counter to its optimistic profit projections: The company is generating less rjevenue from each new smartphone subscriber.

Calculations by the Associated Press, based on AT&T’s public statements, indicate that the average monthly bill for its smartphone subscribers has fallen from $88 to $80 in the space of a year.