Archive | Jan, 2011

Apple Stock Opens 5% Lower This Morning

Apple Stock Opens 5% Lower This Morning

Apple shares were down roughly 5% this morning, many speculating it was related to Steve Jobs’ medical leave.  It will be interesting to see how the price changes after the earnings call this afternoon and with their 2011 product line-up.

Jan 18th, 2011Comments Off on Apple Stock Opens 5% Lower This Morning
Study Suggests 10% of Mobile Users Are Responsible for 90% of Data Use

Study Suggests 10% of Mobile Users Are Responsible for 90% of Data Use

Wireless companies have been building out their network capabilities to handle the demand of increased traffic, and several adjusted data pricing.  The Telegraph, and UK based paper, recently published a study that suggests that 10% of all mobile broadband users account for 90% of data traffic.  The study also states that roughly 60% of data traffic will be driven by video in 2011.  (via Telegraph)

Jan 18th, 2011Comments Off on Study Suggests 10% of Mobile Users Are Responsible for 90% of Data Use
Verizon Ends New Every Two and Early Upgrade Programs

Verizon Ends New Every Two and Early Upgrade Programs

Verizon announced that their early upgrade policy and the “New Every Two” program have been discontinued yesterday.  These programs offered customers incentives to purchase a new device every two years, in efforts increase contract renewals.  New subscribers will not have these benefits available, however existing subscribers already enrolled in one of the programs will continue to receive the benefits for the next 24 months.

Jan 17th, 2011Comments Off on Verizon Ends New Every Two and Early Upgrade Programs
Steve Jobs Takes Medical Leave of Absence

Steve Jobs Takes Medical Leave of Absence

Steve Jobs, Apple CEO, stated that the board of directors granted him a medical leave of absence earlier this week.  He will continue as CEO and will be involved in major strategic initiatives; however Tim Cook, Apple COO, will take over daily operations.

Read more from his note below.  (via Businesswire)

Apple CEO Steve Jobs today sent the following email to all Apple employees:

Team,

At my request, the board of directors has granted me a medical […]

Jan 16th, 2011Comments Off on Steve Jobs Takes Medical Leave of Absence
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