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NBC Universal ends contract with iTunes

NBC Universal has decided not to renew its contract to sell television shows on iTunes, becoming the second major media company to challenge Apple Inc's dominance in digital entertainment.

Credit concerns drive Wall Street lower

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U.S. stocks fell on Thursday on mounting concerns that credit market upheaval will erode bank profits and hold back consumer spending, but optimism about corporate investment helped lift technology shares.

Apple seen revamping iPod line

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Apple Inc shares rose more than 5 percent on Wednesday on growing expectations that the company will announce a revamped line of iPods next week. The new units may have a large touch screen similar to the iPhone.
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Sony introduces first U.S. video Walkman player

Consumer electronics maker Sony Corp. on Thursday said it introduced a new U.S. version of its Sony Walkman that includes the ability to play digital video, the latest potential rival to Apple Inc.'s dominant iPod media player.
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Universal to sell songs without copy protection

Vivendi's Universal Music Group, the world's largest music label, on Thursday said it will test the sale of songs from artists such as Amy Winehouse, 50 Cent and the Black Eyed Peas, without customary copy-protection technology.
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Telecoms and Google Duke It Out

U.S. telecoms and Internet search leader Google are in an all-out air battle to shape the future of wireless communications on a soon to be available piece of airwaves real estate once television departs to go digital in 2009.
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Apple shares jumps on earnings, upgrades

Apple Inc.'s shares rose more than 8 percent on Thursday after stronger-than-expected quarterly profits prompted a number of analysts to raise their price targets on the stock.
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Apple quarterly profit rises on Mac strength

Apple Inc. on Wednesday said its quarterly profit rose 73 percent from a year earlier, zooming past expectations on strong Macintosh computer sales and helping to send its shares up nearly 10 percent.
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Earnings Preview: Apple

Apple Inc. said in April it expected to announce earnings of 66 cents per share for its quarterly report due on Wednesday but Wall Street analysts are anticipating a significantly higher result.
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Apple results eyed for iPhone sales

Apple Inc. is expected to show a 35 percent surge in quarterly profit this week, but the focus will be on just two days: the last 48 hours of June when its highly anticipated iPhone went on sale.
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German iPhone gets 1,000 enquiries daily: report

Germany's biggest Apple retailer is getting 1,000 enquiries every day about buying the new iPhone, which is expected to go on sale towards the end of the year, the retailer's head told a newspaper.
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Apple iPhone reveals iPod's future: analyst

Apple Inc. (NASDAQ: AAPL) has garnered much attention with the release of its highly anticipated iPhone mobile phone, but one analysts suggested on Monday that the company will now shift its attention back to its iPod music player.
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Apple shares at new high on iPhone sales prospects

Shares of Apple Inc. rose more than 4 percent to an all-time high on Thursday as investors bet on strong demand for its media-playing iPhone and speculation mounted over plans to sell the device in Europe.
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Thousands of tech fans snap up first iPhones

Thousands of U.S. gadget fans flocked to stores on Friday to be the first buyers of Apple's iPhone, a music-playing and Web-browsing device expected to shake up the mobile industry.
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Apple's iPhone to hit stores, jolt industry

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.
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Apple Becomes Third Biggest U.S. Music Retailer

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.
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IPhone seen boosting AT&T, hurting Sprint

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.
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Apple Rallies on Strong March Outlook

Apple Inc. (Nasdaq: AAPL) rallied on Wednesday after Prudential Equity Group raised its earnings estimate for the firm's current quarter, expecting strong computer sales as well as cheaper parts.

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