'value'

T-Mobile to offer cheaper “Value” plans to those who buy phones at full price

By: |Jul 20th, 2011 at 12:00PM
Filed Under: Carriers - US, Mobile
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T-Mobile announced new “Value” plans for customers who sign up for service and pay the full price of a new phone or bring their own device. Beginning on July 24th, customers will have the option of paying for a new device at an unsubsidized cost upfront or in monthly installments. T-Mobile’s cheapest Value plan is a $39 monthly option that provides 500 minutes and unlimited texting, but the carrier will also offer 2GB, 5GB, and 10GB data packages. Family lines will start at $49.99 per line, ...

RIM chiefs no longer billionaires thanks to plummeting RIM stock

By: |Jun 23rd, 2011 at 06:01PM
Filed Under: Business
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Shares of RIM stock have taken a beating since the company announced devastating first-quarter earnings last Thursday. The Waterloo, Ontario-based BlackBerry maker missed Wall Street’s first-quarter consensus, it lowered its full-year guidance, it announced workforce reductions, it confirmed product delays and investors went running for the door as did a top executive. Since the earnings release last week, RIM’s stock has fallen more than 25%. This is bad news for every RIM investor, but two in...

Acer to focus on value, innovation instead of volume

By: |Apr 8th, 2011 at 04:50PM
Filed Under: Business, Laptops
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Acer appears to have taken company founder and former CEO Stan Shih’s recent advice quite seriously. Late last month following news that Acer had lowered its guidance for the first quarter of 2011, Shih said Acer needed to overhaul its business if it hoped to remain competitive. He also noted that Acer should focus on improving its profit margin rather than becoming a leader in the PC market by shipment volume, as had been the company’s goal. Just two days later, Acer announced that its CEO, Gianf...

Bloomberg: Facebook to postpone IPO until 2012

By: |Jul 31st, 2010 at 05:49AM
Filed Under: Social Network
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Bloomberg is reporting that social network Facebook will postpone an IPO until 2012. Investors have been speculating that the world’s largest social network — valued at $24.9 billion — would go public sometime in 2011. Bloomberg writes, “Waiting lets Zuckerberg, 26, hone the skills needed to steer a company that issues quarterly results while facing criticism on such matters as user privacy.” Facebook declined to comment, and Zuckerberg himself said his company would offer an IPO...