They say what goes up, must come down -- and in the case of Apple stock, investors have put the company through quite a wild ride in recent years. But what happens when the iPhone maker's income growth stalls for real?
New iPhone rumors seem to be at a fever pitch this month, especially with the rumored September 12 Apple media event now three weeks away. While we're going to wait for Apple to make it official, it seems the carrier leaks have begun, with at least one German provider mentioning a new iPhone in an email to customers today. Looking for some stories with a little more meat on their bones? Then keep reading our recap for this Tuesday, August 21, 2012.
It's gotta hurt being the only major U.S. carrier without the iPhone, and the proof of this dilemma is certainly being shown in T-Mobile USA's second-quarter, during which time more than half a million subscribers jumped ship for greener pastures.
We'll have to wait just a bit to see Apple's own quarterly results on Tuesday afternoon, but there's plenty to look forward to if AT&T's own Q2 2012 results are any indication, with the onetime exclusive carrier activating 3.7 million iPhones during the quarter.
Verizon Wireless continues to bring its A game, adding an additional 33 markets for its 4G LTE service as it posts $28.6 billion in operating revenues for Q2, announcing that smartphones now make up a full half of its postpaid customers.
We're big fans of Nokia's Lumia 900 and Windows Phone 7 in general, which is why it's rather sad to hear the company's quarterly financials looking worse than ever, with an operating loss of a billion dollars and little traction in the U.S.