Apple ships 9 million new iPhones in weekend surge
Apple reports 9 million iPhone sales since Friday launch with strong demand. The SC low end and 5S high end models drive strongest iPhone launch ever and supply remains tight with many online orders slated to ship in coming weeks. Wall Street responses were muted while Apple forecasts fourth quarter revenue at the high end of estimates and gross margins near the top of guidance.
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New York
Apple
Don’t ditch Pandora yet as iTunes Radio debuts
The piece argues that despite iTunes Radio’s launch with iOS 7, Pandora remains stronger due to its refined listener feedback system. It notes iTunes Radio often misreads tastes and limits skips, underscoring Pandora’s advantage from billions of user interactions.
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Los Angeles
Pandora
Apple
iTunes Radio
Fairfax to buy BlackBerry for 4.7 Billion
Fairfax Financial-led group agreed to acquire BlackBerry for 4.7 billion dollars with shareholders receiving 9 dollars per share in cash. Prem Watsa, Fairfax CEO and former BlackBerry board member, chairs the bid and praised moving BlackBerry into a private chapter.
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Toronto
BlackBerry
Fairfax Financial Holdings Ltd
Fairfax
Prem Watsa
Watsa
Canada
Warren Buffett
Mike Laz
Microsoft surface Pro 2 debut targets professionals
Microsoft unveiled the Surface Pro 2 tablet in New York aiming at professionals seeking laptop power in a tablet. The device features a redesigned kickstand for easier use on laps and flat surfaces as Microsoft backs its tablet line amid PC sales decline.
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New York
Microsoft
Redmond
Wash
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