Apple's new iPhone sells out before launchJune 16th, 2009 SAN FRANCISCO - Apple's latest edition of the iPhone is matching the popularity of its predecessors. The company, and its exclusive US carrier, AT&T, said Monday that pre-orders of the phone had sold out, and that customers could face a wait of a week or two after launch day on Friday to get their coveted gizmos.
Apple posts $1.21 billion profit; iPhone sales surge 123 percentApril 23rd, 2009 NEW YORK - The economic slump seems to have no impact on Apple Inc. as Cupertino-based electronic and software giant posted a quarterly profit of $1.21 billion on revenue of $8.16 billion Wednesday.
Some buyers of Apple's new iPhone 3G S have gadget, but must wait 2 days to get it workingJune 20th, 2009 Some iPhone activations delayed up to 2 daysSEATTLE — Some owners of Apple Inc.'s new iPhone 3G S may have to wait up to two days to make calls. New iPhones must be plugged into a computer and activated before calling, text messaging, or surfing the Web using the cellular data plan.
iPhones to go on sale in China this year after China Unicom reaches deal with AppleAugust 28th, 2009 iPhones coming to China after Apple, Unicom dealHONG KONG — China Unicom Ltd. said Friday it will sell Apple Inc.'s iPhone in China this year, ending months of rumor about when the hit phone would make its long-delayed debut in the world's most populous mobile market.
Citigroup, Nokia, Hovnanian, Family Dollar, Costco are among big market movers ThursdaySeptember 3rd, 2009 Citigroup, Nokia, Hovnanian are big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Thursday on the New York Stock Exchange:
NYSE:
Citigroup Inc., up 21 cents at $4.77
Shareholders approved a plan to increase the bank's outstanding stock, allowing it to complete a debt swap that will improve cash flow. Nokia Corp., up 61 cents at $13.91
The world's biggest maker of cell phones unveiled new models that boast more music features and mesh better with Facebook.
Over 1 mn iPhone 3GS sold in first three days of debut: AppleJune 23rd, 2009 SAN FRANCISCO - Apple Inc Monday announced that it has sold more than one million units of iPhone 3GS in the first three days after the new smartphone went on sale. The iPhone 3GS hit stores in the United States and seven other countries last Friday.
Taiwan's Foxconn agrees to pay compensation to family of employee who killed himselfJuly 28th, 2009 Taiwan's Foxconn agrees on suicide compensationTAIPEI, Taiwan — The Taiwanese employer of a young Chinese man who killed himself after being interrogated over a missing iPhone prototype has agreed to pay compensation to his family, a company official said Tuesday. Sun Danyong, 25, jumped from his high-rise apartment in southern China last week after officials of Foxconn Technology Group questioned him about the whereabouts of the iPhone model that was in his possession.
China's Unicom announces it reaches deal with Apple Inc. to sell iPhones in ChinaAugust 28th, 2009 China's Unicom to sell Apple's iPhonesHONG KONG — China Unicom Ltd. said Friday it will sell Apple Inc.'s iPhone in China this year, ending months of rumor about when the hit phone would make its long-delayed debut in the world's most populous mobile market.
Apple to begin selling iPhones in China this year, giving it access to huge marketAugust 28th, 2009 Apple seals deal to bring iPhones coming to ChinaHONG KONG — Apple Inc. will get to sell the iPhone in the world's biggest cell phone market now that it has reached a deal with a Chinese wireless carrier, China Unicom Ltd.
Apple's overseas expansion rolls on as Korean telecom regulator approves sale of the iPhoneSeptember 23rd, 2009 South Korea approves sale of Apple's iPhoneSEOUL, South Korea — South Korea's telecommunications regulator said Wednesday that Apple Inc. can sell its hit iPhone in the country — potentially shaking up a cell phone market controlled by domestic manufacturers.
Chinese carrier says it is talking to Apple about iPhone but denies report of dealAugust 14th, 2009 Chinese carrier in talks with Apple on iPhoneBEIJING — State-owned China Unicom Ltd. said Friday it is talking with Apple Inc.
Microsoft, Verizon in talks to launch iPhone rival: reportApril 29th, 2009 SAN FRANCISCO - Microsoft is in discussions with Verizon Wireless to launch a touch-screen multimedia cellphone in the US early next year in a bid to compete with Apple's iPhone. While Microsoft is involved in the design of the phone's software and hardware, a third-party is expected to make the device, The Wall Street Journal reported, quoting sources close to the development.
Microsoft Xbox executive Shane Kim to retire after 19 yearsSeptember 15th, 2009 Xbox exec Shane Kim to retire after 19 yearsNEW YORK — Shane Kim, the Microsoft Corp. executive who oversaw the growth of its video game business from the original Xbox and through such hits as "Halo" and "Gears of War," is retiring after 19 years with the software maker.
Chinese factory worker kills himself over missing iPhone prototype; Apple offers condolencesJuly 22nd, 2009 Chinese worker commits suicide over missing iPhoneGUANGZHOU, China — An employee at a factory that makes iPhones in China killed himself after a prototype went missing, and Apple Inc. responded Wednesday by saying its suppliers are required to treat workers with dignity and respect.
Google CEO Eric Schmidt resigns from Apple's board as 2 companies increasingly competeAugust 3rd, 2009 Google CEO leaves Apple board as companies competeNEW YORK — Google CEO Eric Schmidt has resigned from Apple's board of directors as the Internet search leader increasingly develops products that compete with Apple's core businesses, including the popular iPhone. Shares of both companies rose in early trading.
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