Verizon Wireless may be an American wireless carrier, but its controlling companies are split between the US and the UK. US communications company Verizon owns 55 percent of Verizon Wireless, while the remaining 45 percent is held by Vodafone. According to a report in Reuters, Verizon may offer Vodafone $100B in cash and stock options to take full…
Samsung confirms global supply of the Galaxy S4 will be constrained at launch
Samsung circulated a statement today that confirms the supply of the Galaxy S4 will be constrained at launch. The Korean manufacturer claims this low inventory is the result of “overwhelming global demand” for the handset. ”Due to overwhelming global demand of Galaxy S4, the initial supply may be limited. We expect to fulfill inventory to…
Verizon pre-orders for the Galaxy S4 start tomorrow, arrives May 30th
It’s Verizon’s turn to announce its plans for the Galaxy S 4 and the carrier confirmed that pre-orders will start online tomorrow, April 25th. Verizon also announced via Twitter that the handset will land on May 30th in Verizon retail stores. Pricing will start at $199.99 with a 2-year contract and after a $50 mail-in…
Sprint delays in-store launch of the Galaxy S4
Sprint chimed in today and confirmed that inventory constraints have forced the carrier to delay the in-store launch of the Galaxy S4. According to the statement, Sprint will start selling the Galaxy S4 on Saturday, April 27 both online and through telesales. The in-store launch, also originally scheduled for the 27th, will be delayed until Samsung is able…
MetroPCS shareholders approve T-Mobile USA merger
According to Bloomberg and Reuters, MetroPCS shareholders voted today on the proposed merger with T-Mobile and approved the deal. The merger has received approval from the FCC and the Department of Justice and was given the green light by the board of directors from both companies. The deal could close in the first half of…
WWDC tickets go on sale April 25th, conference to be held June 10-14
Apple announced today that its yearly Worldwide Developers Conference (WWDC) will kick off June 10 and go through June 14, It will be held at San Francisco’s Moscone West. Start preparing for the buying frenzy as tickets for WWDC 2013 go on sale starting Thursday, April 25 at 10 a.m. PDT. If previous years are…
T-Mobile launch of Galaxy S4 delayed until April 29
According to a report in TmoNews, the launch of the Galaxy S4 on T-Mobile has been delayed. The Galaxy S4 was supposed to go on sale starting tomorrow, but a problem with inventory forced T-Mobile to hold off selling the phone until next week. The wireless carrier made the following statement: We know customers are…
Apple doubles capital return program, will shuffle $100B back to shareholders by 2015
Along with its earnings report, Apple also announced that it will return $100 billion to shareholders in the next two years. This increase will take the form of an increase in dividend payments and a beefier stock buyback program. Apple’s board of directors decided to bump up the quarterly dividend to $3.05 per share, a…
Apple announces Q2 2013 earnings, sells 37.4M iPhones and 19.5M iPads
Apple announced its earnings for the first three months of 2013 and the results were strong. The company’s Q3 2013 earnings was on par with Wall Street estimates and its own guidance. The company reported $43.6 billion in revenue, $9.6 billion in profit and $10.09 earnings per diluted share. Gross margin was down year over…
LG to unveil US launch details for the Optimus G Pro at May1st event
LG is holding a press event next week in NYC and the official invite that hit our inbox today suggest the company will use the event to introduce the Optimus G Pro to a United States audience. Besides the smartphone star of the show, the night-time shindig will also feature the “Indie music sensation Atlas Genius.”…