Wednesday, April 25, 2012
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.