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Finance News

Apple posts over $20 billion in sales, $4.31 billion profit for fourth quarter

Apple on Monday reported a “great fiscal quarter,” citing a quarterly profit of US$4.31 billion, compared to US$2.53 billion for the same period last year. Over the quarter, Apple recored US$20.34 billion in revenue, an increase of nearly 67 percent from the year-ago quarter’s sales figure of US$12.21 billion. Apple’s earnings of US$4.64 per diluted […]

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iPhone News

Verizon COO states new iPhone announcement would arrive from Apple, not Verizon

Per the cool cats at Macworld, Verizon President and COO Lowell McAdam commented made a recent comment at the CTIA conference in San Francisco that reports of a Verizon iPhone would be addressed by Apple, not Verizon. When asked to comment about a story from The Wall Street Journal that Apple will begin building a […]

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iPhone News

Verizon CEO expresses doubts about iPhone deal

It’s sort of a love story. Apple may go with Verizon. They may not. They may be building a CDMA phone designed for Verizon’s networks. And then the Capulet and Montague families sit down together over tasty food and beverages while discussing the current season of “Mad Men”. Per the Wall Street Journal, Verizon’s CEO […]

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iPhone News

Analyst points out advantages of iPhone on Verizon network, highlights Apple/Verizon negotiations in progress

It’s the rumor that never dies, but this time it could be garnering additional strength and credence. Per AppleInsider, analyst Shaw Wu with Kaufman Brothers indicated that a deal between Apple and Verizon is being ironed out. The analyst went on to state that he expects Apple to expand the iPhone to another carrier in […]

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iPad News

Verizon to offer live FiOS TV streaming app over Wi-Fi for iPad

An upcoming iPad app from Verizon will enable subscribers of Verizon’s FiOS service to stream live TV over their home Wi-Fi networks. Per NewTeeVee, Verizon released an announcement regarding several new video applications for its TV and video services. The upcoming iPad app, which is due out early next year, will utilize what Verizon CIO […]