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Apple Earnings Thrill Street: 73 Pct Sales Growth, Profit More Than Doubles

Matthew Kelly from Swansea reacts as he emerges from the Apple store with new iPhone 4S, in Covent Garden, London
The magic of Steve Jobs may be absent in his successor Tim Cook but Cook's leadership is working well in Apple. On Tuesday, the tech giant has announced that its net profit has more than doubled to $13.06 billion in the fiscal first quarter. The Holiday sale of 37 million units of iPhone and 15.4 million units of iPad sale were seen as the biggest contribution towards the outstanding profit in the holiday quarter. No wonder, iPhone and iPad account for 72% of Apple's total revenue.
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Wall Street Lower on Greece, Threatening 5-Day Run

Stocks edged lower on Tuesday, with the S&P 500 pulling back from a five-day rally, as talks to resolve Greece's debt crisis hit a snag and a number of earnings from blue chips disappointed investors.
An iPhone 4 and accessories sit on a counter in a Verizon Wireless store shortly after the phone went on sale with Verizon service in New York

Verizon Forecast Disappoints, Shares Drop

Verizon Communications may miss analyst expectations for 2012 earnings after posting disappointing fourth quarter results as it was hurt by hefty subsidies for the Apple Inc iPhone.
Jonathan Ive

Apple Earnings: Did Jobs’s Roadmap Include U.S. Jobs?

While shares of Apple, the most valuable technology company, fell about 1 percent to $422.37 Tuesday ahead of its first-quarter earnings announcement, TechnoBuffalo editor Jon Rettinger warned the company is swimming in uncharted waters.
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Insider is Surprise Pick as New BlackBerry CEO

Insider Thorsten Heins, the new chief executive at BlackBerry maker RIM, is a surprise choice for those looking for a transformational leader from outside to turn around the Canadian group's fortunes.
Verizon president McAdam talks on stage with Verizon CEO Seidenberg and Consumer Electronics Association President Shapiro on the opening day of the CES in Las Vegas

Verizon Communications Misses Expectations

Verizon Communications profit missed Wall Street expectations by a penny as its wireless business was hit by the high costs of sales of advanced phones such as the Apple Inc iPhone.
Customers wait at a Verizon Wireless store in Boca Raton, Florida February 10, 2011. REUTERS/Joe Skipper

Verizon Wireless Margins Hurt by iPhone

Verizon Communications profit missed Wall Street expectations by a penny as its wireless business was hit by the high costs of sales of advanced phones such as the Apple Inc iPhone.
Thorsten Heins poses for a portrait at the Research in Motion (RIM) company headquarters in Waterloo, Ontario, January 22, 2012.

RIM's New Leader Raises Doubts among Investors

The new leader at Research In Motion on Monday dismissed talk of drastic change at the BlackBerry maker, a declaration seized on by impatient investors who say Thorsten Heins has only 12 to 18 months to turn RIM around.
Thorsten Heins, RIM CEO

New RIM CEO Heins Takes Control of Sinking Ship

Here's a good one you may not have heard unless you are a (disgruntled) Research in Motion investor. It's about new Research in Motion (RIM) CEO Thorsten Heins, and his insistence that there will be no drastic change at the struggling maker of BlackBerry.
Apple's iBooks 2 for iPad has been downloaded 350,000 times in its first 3 days. There's a reason why users are downloading this app at such a high rate: The education industry has been needed this app for a long time.

Apple iBooks 2: Why Users Downloaded 350K in 3 Days

Apple's iBooks 2 for iPad has been downloaded 350,000 times in its first 3 days. There's a reason why users are downloading this app at such a high rate: The education industry has been needed this app for a long time.
Samsung Galaxy S III

Samsung Galaxy S3: Top Five New Quad-Core Phones

Samsung, LG, HTC and other smartphone makers are set to deliver their next-generation quad-core devices at Mobile World Congress in about a month. Some of the phones to be announced have been teased (like the Galaxy S3), while others are being hidden away without much detail coming out. At least one maker, Fujitsu, even showed off their new phone at the Consumer Electronics Show in January.
Thorsten Heins has replaced Mike Lazaridis and Jim Balsillie as the president and CEO of RIM, the maker of BlackBerry. He will need to right the ship's course before moving forward.

Thorsten Heins: Who is RIM's New CEO?

A result of flagging sales and optimism, Research in Motion (RIM) decided to replace its two co-CEOs with Thorsten Heins, RIM's former COO of product engineering. But who is the new leader of BlackBerry?
Thorsten Heins poses for a portrait at the Research in Motion (RIM) company headquarters in Waterloo, Ontario, January 22, 2012.

RIM and BlackBerry on the Edge under New CEO

Takeover talk swirled around Research In Motion on Monday as investors and analysts pondered whether new Chief Executive Thorsten Heins had been appointed to lead a turnaround of the struggling smartphone maker or prepare it for sale.
Jobseekers pass their resumes to representatives from Foxconn at a job fair in Zhengzhou

iPhone: Why Can't it be 'Made in U.S.A.' ?

If you look at the back of any iPhone, you're likely to come across the words, Designed by Apple in California. Assembled in China. Indeed, from the very first generation iPhone to the latest iPhone 4S, the world's most popular smartphone have come to be made in China and not in the U.S. An analysis, based on interviews with Apple's former and current executives and employees at Apple's supply chains and manufacturing experts by The New York Times, has now revealed why the wo...

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