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Apple iPhone 5 Already On Sale? Complete Set Of Components Sells For $199 In China [PICTURES]

Apple iPhone 5 Pre-Orders Delayed Two Weeks From Release Date: Is Online Ordering Worth The Price Of Waiting?

One hour after pre-orders for the new iPhone 5 went live on Apple's website Friday morning, shipping estimates from the online Apple Store have already been delayed to two weeks for customers in the US, UK, Germany, Canada and Australia. Currently, any new iPhone 5 purchases will likely be shipped and delivered two weeks after the iPhone 5's actual release date on Sept. 21, by Friday, Oct. 5.

Apple iPhone 5 Release Date: US Launch Set For Friday, Sept. 21

Apple iPhone 5 Already On Sale? Complete Set Of Components Sells For $199 In China [PICTURES]
At Apple's media event in San Francisco on Wednesday, the Cupertino, Calif.-based computer company unveiled its highly anticipated next-generation smartphone, the iPhone 5. The unveiling finally put to rest several rumors of the device, including its outside appearance and inside features, but we can now also finally report the official release date for the phone. As predicted, Apple plans to release the new iPhone 5 in the U.S. on Friday, Sept. 21.
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Why Companies Are Racing To Cut Earnings Forecasts

Expectations for U.S. company earnings are on a slippery slope down Wall Street. While the downward slide in estimates highlights the caution analysts and companies are expressing, investors should also be aware that companies are setting lower goals so that they can look better or be able to ?beat estimates? when the results come out.
A BlackBerry smartphone handset is displayed in a store in Bern

RIM's New Woes Seen Speeding Loss of BlackBerry Users

Research In Motion's appointment of bankers to advise on drastic options, including an outright sale of the BlackBerry maker, may only hasten moves by major customers to offer their employees smartphones produced by rivals.
postal service

US Postal Service Loss Widens To $3.2 Billion in 2Q

The nearly bankrupt U.S. Postal Service said Thursday its net loss widened to $3.2 billion in the fiscal second quarter as revenues continue to dwindle. It also said it lacks sufficient cash to pay for required future retiree health benefits.
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FedEx settles hiring probe for $3 million

FedEx Corp will pay back wages and interest to more than 21,000 people rejected for jobs in a $3 million settlement of a bias case brought against two of the company's units by the U.S. Department of Labor.
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Dow, S&P drop for 3rd day on global growth worries

The Dow and the S&P 500 fell for a third straight day on Thursday on concerns about the global economy's growth outlook after manufacturing data showed a drop in new orders in both the euro zone and China.

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