ELECTRONICS

About 2 percent of people who bought the keenly-awaited iPhone, launched on Friday by Apple Inc., have been experiencing delays in activating their service, a person familiar with the matter said on Sunday.

Nintendo Co. Ltd.'s Wii game console outsold Sony Corp.'s PlayStation 3 by a ratio of over 6 to 1 in June in Japan, a game magazine publisher said, solidifying Nintendo's leading position.

It took Apple Inc. more than six months to build the iPhone but curious gadget fanatics needed only minutes to tear one apart.

Shares of Apple Inc. and AT&T Inc. firmed more than 1 percent on Friday ahead of the release of the iPhone, amid expectations of growing demand for advanced, multi-feature wireless devices.

Apple Inc.'s iPhone hits store shelves on Friday in a consumer spectacle that has whipped gadget fans into a frenzy over a device that challenges business as usual in the mobile phone industry.

Apple Inc. Chief Executive Steve Jobs said on Thursday he is not too worried that its new iPhone mobile telephone will dampen sales of the popular iPod music and video players.

Apple Inc. and AT&T Inc. said on Tuesday they will offer three price plans, starting at $59.99 per month, for the widely anticipated iPhone that is set to go on sale this week.

Apple Inc.'s (NASDAQ: AAPL) popular iTunes store became the third largest music retailer in the United States, according to market research, soaring past traditional brick-and-mortar stores and other online stores.

Big expectations could give way to a flop if the device doesn't capture the mass market.

Nintendo Co Ltd zipped past Sony Corp. in market value on Monday and became one of Japan's top 10 issues for the first time ever as it elbowed the PlayStation maker out of its decade-long dominance in the game industry.

Raytheon Co. on Saturday filed a protest with the U.S. government over its award of a U.S. cargo contract to rival contractors, the Wall Street Journal reported in its online edition.

Sony Corp. expects at least 380 new PlayStation 3 games to hit the market this business year and says that should rev up demand for the console that has so far lost out to Nintendo's wildly popular Wii.

Apple Inc.'s widely anticipated music- and video-playing iPhone will allow subscribers to wirelessly stream material from Google Inc.'s popular video-sharing site YouTube, Apple said on Wednesday.

As shares of Apple climb higher in anticipation of the iPhone device’s June 29 launch, analysts are skeptical of new battery life claims and the hype surrounding the new unit.

U.S. video rental chain Blockbuster Inc. has come out in favor of the Blu-ray DVD format disc, tipping the balance against the rival HD DVD in the battle over next-generation discs.

U.S. phone company Verizon Communications Inc. said it plans to offer high-definition video on demand over its advanced Internet and video service called FiOS, although it has not yet set a date.

Apple Inc.'s iPhone may be too expensive for most Americans, but the much-hyped device is expected to help AT&T Inc. win quality customers and drive shoppers into its stores.

UBS cut its earnings forecasts and share target prices for South Korean chip makers Samsung Electronics and Hynix Semiconductor Inc., citing bigger-than-expected price declines for DRAM memory chips.

Microsoft Corp. has agreed to pay 94 million yuan ($12.3 million) for a stake in Sichuan Changhong Electric Co. and will form a cooperative alliance with the TV and electrical appliance maker, the Chinese company said on Monday.

DVD sales to consumers are down nearly 8%, as of the first quarter. And no wonder: After years of trying to space out big new releases throughout the year, studios again appear to be focusing on the fourth quarter and cutting back on the rest of the year.

Samsung Electronics Co. Ltd., the world's largest memory chip maker, said it would invest $3.5 billion in its 10-year-old U.S. chip plant by 2008 to produce flash memory chips.