Look out, U.S. wireless carriers: Wal-Mart is teaming up with billionaire Carlos Slim's América Móvil to train its price-crushing might on cell phones.
In time for the holiday season, the mega-retailer on Wednesday announced a nationwide roll-out of the new prepaid Straight Talk service, offered through América Móvil subsidiary Tracfone Wireless. Unlike mainstream wireless plans that pair cutting-edge phones with higher monthly fees and multi-year contracts, pre-paid services like Straight Talk MOREJon Fortt - Oct 15, 2009 7:00 AM ET
The NPD Group on Tuesday issued what at first appears to be a pair of contradictory facts:
Apple (AAPL) now controls the largest share of the music business, its iTunes Store accounting for 25% of unit sales in the first half of 2009, up from 14% in 2007.
Compact discs are still the most popular format for paid music, accounting for 65% of unit sales.
How can this be? The trick is that MOREPhilip Elmer-DeWitt - Aug 18, 2009 2:50 PM ET
AT&T (T) on Saturday began offering refurbished iPhones for the lowest price yet seen in the United States:
$99 for a black 8GB iPhone 3G (refurbished)
$199 for a black 16 GB iPhone 3G (refurbished)
The price points are not entirely unexpected. For several weeks before Christmas, Apple (AAPL) blogs were buzzing with rumors that Wal-Mart (WMT) would be selling a new version of Apple's iPhone at the magical $99 price.
But it was MOREPhilip Elmer-DeWitt - Dec 27, 2008 10:11 AM ET
Wal-Mart confirmed Friday what everyone who follows Apple already knew: that it will begin selling Apple's iPhone 3G at nearly 2,500 Wal-Mart stores starting Sunday Dec. 28 -- three days after Christmas.
Wal-Mart will sell the red-hot mobile device for $197 for the 8GB model and $297 for the 16GB model, or $2 off their current prices. There had been rumors that Wal-Mart would sell a $99 iPhone. (See Anatomy of a MOREPhilip Elmer-DeWitt - Dec 26, 2008 10:31 AM ET
Kaufman Bros. analyst Shaw Wu has been checking with his contacts in Apple's (AAPL) supply and distribution channels and reports that demand for the iPhone is "fairly healthy" in the U.S., Europe and, with the exception of Japan, most of Asia Pacific. He's anticipating sales of 6 million units for the December quarter (Apple's fiscal 2009 Q1), down from 6.9 million in Q4 but in line with the Street's expectations MOREPhilip Elmer-DeWitt - Dec 10, 2008 11:13 AM ET
The blogs and business wires were buzzing Monday morning with two juicy iPhone rumors: 1) That Wal-Mart would begin selling iPhones three days after Christmas and 2) That a low-end model would sell for $99.
The first, as we reported nearly three weeks ago, is true. (See Wal-Mart's post-Christmas iPhone sale.)
The second, as near as anyone can tell, is almost certainly not true -- although it seems to have taken on a life MOREPhilip Elmer-DeWitt - Dec 8, 2008 1:04 PM ET
We're getting an unusually sharp divergence of expert opinion on how well the iPod is likely to do this holiday season.
The conventional wisdom -- reflected in Arik Hesseldahl's "Apple's iPod Problem" in Businessweek -- is that everybody who wants an iPod already has one, and doesn't see much reason to upgrade, especially with the economy in the dumps. "As a result," he wrote, "some analysts believe this will be the MOREPhilip Elmer-DeWitt - Dec 3, 2008 12:41 PM ET
The mystery of Steve Jobs' iPhone retail strategy deepens with reports that Apple (AAPL) will begin selling its smartphones at Wal-Mart (WMT) three days after Christmas.
According to the Boy Genius Report, a blog with relatively reliable backchannel sources at AT&T, Apple will start with select Wal-Mart and Sam's Club outlets on Dec. 28, and eventually roll the iPhone out to 2,500 Wal-Mart owned stores.
The deal, if confirmed, would represent the MOREPhilip Elmer-DeWitt - Nov 19, 2008 10:13 AM ET
After a confusing 24 hours in which Apple watchers struggled to reconcile a Feb. 26 press release from the company that proclaimed iTunes the No. 2 music retailer with NPD data that showed iTunes in the No. 1 spot six weeks earlier (see here), Apple (AAPL) on Thursday issued a new press release declaring itself No. 1 for both January and February. The key sentence:
Apple® today announced that the iTunes® MOREPhilip Elmer-DeWitt - Apr 3, 2008 4:51 PM ET
UPDATE: Apple on Thursday issued a press release declaring itself No.1. See here.
- - - -
It happened one week in January, according to a memo sent to Apple employees on Wednesday and intercepted by Ars Technica (link). The memo contained weekly data from a NPD Group Music Survey dated Jan. 8, 2008, and showed Apple's (AAPL) iTunes store passing Wal-Mart (WMT) for the first time to become the No. 1 MOREPhilip Elmer-DeWitt - Apr 3, 2008 8:05 AM ET
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