It appears third-placed U.S. carrier Sprint will be the last one out the door responsible for turning the lights off when it comes to quarterly earnings reports for the end of 2012, and they're reporting a loss on top of it.
Riddle us this: E-tail giant Amazon barely makes a profit in Q4 2012, yet their stock sees a gain of 10 percent, while Apple makes a huge profit during the same quarter and gets punished by its stockholders.
The news is not completely a surprise considering the company teased about it a couple weeks ago, but Nokia at long last had a profitable quarter by the end of 2012, despite a $3 billion loss for the year.
It's not easy being the king of U.S. wireless -- even with record new subscriptions, Verizon still managed to rack up a loss for the end of 2012 thanks to Superstorm Sandy damage and rising pension costs.
Last Thursday, data from IDC reportedly showed that Apple's Mac shipments had shrunk by 0.2 percent. There's just one problem with those numbers: Gartner doesn't agree, and even claims Mac market share actually grew just a bit.
AT&T has just announced its third-quarter earnings, again proving that not having an exclusive on the iPhone is no big deal as Apple's handset makes up a cool 77 percent of the company's total smartphone activations for the last three months.
Lots of cool stuff to chat about on this final Friday morning of September, 2012, including iPhone 5 support for Netflix and Camera+ as well as an all-new iPad edition of the latter. And hey, looks like our parent company is raking in the scratch thanks to Apple's Newsstand, so pop the cork on the champagne for that!