Archive | June 30th, 2010

Verizon Wireless Said to Start Offering iPhone in January


Verizon Wireless, the largest U.S. mobile-phone company, will start selling Apple Inc.’s iPhone next year, ending AT&T Inc.’s exclusive hold on the smartphone in the U.S., two people familiar with the plans said.

The device will be available to customers in January, according to the people, who declined to be named because the information isn’t public. Natalie Kerris, an Apple spokeswoman, and Jeffrey Nelson, a Verizon Wireless spokesman, declined to comment.

The iPhone, which has been the sole domain of rival AT&T in the U.S. since June 2007, will give Verizon a boost in its competition for smartphone customers, UBS AG analyst John Hodulik said in an interview. Verizon customers, who numbered 92.8 million at the end of the first quarter, may buy 3 million iPhones a quarter, he estimates.

“Apple is going to dramatically increase the number of devices it sells in the U.S. when exclusivity at AT&T ends,” said Hodulik, who is based in New York and rates Verizon shares “neutral.” “It’s hard to ignore the quality issues that AT&T has faced.”

Verizon Wireless, which is building a high-speed fourth- generation network, plans to unveil several devices that will run on the new technology in January at the Consumer Electronics Show, Chief Executive Officer Lowell McAdam has said.

IPhone Gains

Verizon Communications Inc., which co-owns the wireless company with Vodafone Group Plc, slid 9 cents to $28.62 in New York Stock Exchange composite trading at 4 p.m. AT&T fell 49 cents to $24.46. Apple, based in Cupertino, California, dropped $12.13 to $256.17 on the Nasdaq Stock Market.

Peter Thonis, a spokesman for Verizon Communications, andMark Siegel, an AT&T spokesman, declined to comment. Tenille Kennedy, a spokeswoman for Research in Motion Ltd., didn’t return a call seeking comment.

The iPhone has helped AT&T add subscribers even as the U.S. mobile-phone market nears saturation. There are enough wireless devices for more than nine out of 10 people, according to the CTIA wireless industry association.

In the first three months of this year, about a third of AT&T’s iPhone activations came from customers who were new to the carrier. Without those 900,000 new subscribers, the company may have posted a loss in contract customers that quarter, analysts said.

Still, Dallas-based AT&T has battled customer complaints about its wireless service, especially in New York and San Francisco, and dedicated an extra $2 billion to upgrading its network this year.

BlackBerry, Android

For Apple, a partnership with Basking Ridge, New Jersey- based Verizon Wireless is a victory over rivals such as RIM and Motorola Inc., whose smartphones are currently promoted by the carrier.

“For Apple it means a larger addressable market,” said Andy Hargreaves, an analyst at Pacific Crest Securities in Portland, Oregon. “It’s also good news for Apple in that it will spread the load on the wireless data networks, which will be good for their customers.”

Motorola, which makes Droid phones that use Google Inc.’s Android operating system, fell 27 cents, or 3.8 percent, to $6.80 on the New York Stock Exchange. Google dropped $17.82, or 3.8 percent, to $454.26 on the Nasdaq. RIM, maker of the BlackBerry, declined $3.22, or 6.1 percent, to $49.75.

Apple has sold more than 50 million iPhones since the phone’s introduction in 2007. The latest version, iPhone 4, sold more than 1.7 million units in the first three days after its June 24 debut, a record for the product. Chief Executive Officer Steve Jobs said the company didn’t have enough supply to meet demand. Many stores, including retailer Best Buy Co., sold out.

A release at Verizon in the first quarter will help Apple’s sales in the U.S. grow to at least 15 million units next year from 11 million in 2010, Barclays Capital analysts said in a note today. The company’s suppliers have been ramping up production of components for a phone on Verizon’s CDMA network, according to the research report.

To contact the reporter on this story: Amy Thomson in New York at athomson6@bloomberg.net

Posted in Technology0 Comments

Thanks To BP, This is A Whale

Scientists found this sperm whale 77 miles south from the Deepwater spill site off the Gulf Coast.

Posted in Current Events0 Comments

Saffire Freycinet – Australia’s Most Exciting New Resort

This is insane! Those were the most common — and in some situations the only — comments we made during our stay at Saffire Freycinet, the luxury resort that just-opened on Tasmania’s East Coast in Australia.

Very few resorts manage to get all the ingredients right when opening but we can assure you, this beauty of a hotel has ticked all the right boxes. We were literally left speechless — and that takes some doing — as we feasted our eyes on the breathtaking vistas, indulged our senses in our gorgeous suite and in the spa, and devoured the food that made any thought of a diet ridiculous. A four-hour walk on the pristine beach helped, too.

These were the first notes we scribbled just after departing: “Expectations were far exceeded. The resort, the location, the backdrop, the mountain walks, the spa, the room, the excellent service, the attention to detail, the happy staff, and the food, OMG the food! — Saffire is truly one of Australia’s most exciting places to stay.” Without wanting to sound cocky, it takes a lot to get us to write something like this.

In the suite, the amazing bathroom was all marble with heated tiles. Our suite’s amenities included, of course, wireless internet and remote controlled blinds, but the best part was the sweet turn-down service. They supplied a hot water bottle for the bed and a thermos of hot chocolate as it is winter in Tasmania.

One of the highlights of our stay was Saffire’s restaurant Palate. The multi-course degustation menus matched with the outstanding local wines are the specialty of head chef, Hugh Whitehouse, who is an Australian icon and a master of fresh, local, imaginative food prepared and served with style, love and care. We would go back for the food alone.

Designed by Tasmanian architects Morris Nunn and Associates, Saffire consists of only 20 suites ranging in size from 80 m² (860 sq. Ft.) to 140 m² (1506 sq. ft.). The buildings are super-modern yet reflect the surrounding environment perfectly. Waves, manta rays, sand dunes are all forms that come to mind both inside and out.

The interior design, by Chhada Siembieda Australia (CSA) www.chhada.com ,takes advantage of the surrounding materials and vistas. Stone and timber are the key materials but they are used in a light, airy fashion. The color palette reflects the surroundings as well focusing on soft grays, greens and a snap of orange.

It truly was an amazing stay, and it felt sinfully delicious to work on our laptops while surrounded by this kind of luxury and gazing at the amazing views this place affords. - Bill Tikos

Rates start from $1550 per night, per suite for 2 people and includes dinner, all beverages.

[via: TheCoolHunter]

Posted in Travel0 Comments

All Louis Vuitton Everything… Starring Paris Hilton!

Paris Hilton posed with her extensive Louis Vuitton luggage collection before headingto South Africa for the 2010 World Cup festivities….  We need that trunk Paris!

[via: TheLifeFiles]

Posted in Lifestyle0 Comments

JAY-Z Nets Billboard In Knicks Backyard

Looks like Jay-Z isn’t playin’. On Thursday, Jay-Z and Nets majority owner Mikhail Prokhorov plan on visting Akron, Ohio to recruit free agent LeBron James. By tomorrow though, Jay and his Russian homie will appear in this 225 x 95 foot mural created near the Knicks’ Madison Square Garden home. The new dynasty?

[via: RapRadar]

Posted in Sports0 Comments

Eminem’s ‘Recovery’ Explodes At No. 1 on Billboard 200 With 741,000

Eminem's "Recovery" will blast in at No. 1 on the Billboard 200 albums chart this week with 741,000 sold according to Nielsen SoundScan -- the largest sales week for a single album since October 2008, when AC/DC's "Black Ice" debuted with 784,000 in its first week.

“Recovery” is the hip-hop king’s sixth straight No. 1 debut — and sixth overall chart-topper on the Billboard 200. His only set to miss the top spot was his “Slim Shady LP” debut, which bowed and peaked at No. 2 in 1999. Among hip-hop acts with the most No. 1 albums, only Jay-Z has earned more, with 11.

“Recovery’s” debut week sales surpasses the first week of Eminem’s last set, “Relapse,” which began at No. 1 in 2009 with 608,000. It also beats the opening of 2005′s “Curtain Call: The Hits” which entered at No. 1 with 441,000 in 2005.

Eminem’s new album also wows digitally, as downloads made up 255,000 of its first week. That’s the second-biggest digital week for an album in history. Only Coldplay’s “Viva La Vida Or Death And All His Friends” notched a larger frame, when it debuted with 288,000 downloads in the summer of 2008.

Eminem also naturally makes big news on the Digital Songs chart with his “Recovery” collaboration with Rihanna titled “Love the Way You Lie.” It debuts at No. 1 with 338,000 downloads sold. It’s the sixth time Em has topped the Digital Songs chart and the second time he’s done it this year, following “Not Afraid’s” entry atop the list back in May with 379,000.

Check back here on Wednesday morning for the full recap of this week’s top 10 on the Billboard 200.

Posted in Music0 Comments


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