Apple Sells Unlocked iPhone and 3 Hot Stocks Changing Hands Now
Apple Inc. (NASDAQ:AAPL) has begun to sell an unlocked version of its iPhone 5, allowing users to get rid of the two-year carrier contract, but this does cost at least $649. The 16GB unlocked iPhone 5 will be sold for $649, and the 32GB will be sold for $749. Also, the 64GB version is being offered for $849 on Apple’s website, and it has not been disclosed when they will be seen in Apple Stores. As of now, the phone is available to ship in one week, but Apple has placed a limit of two per customer.
Facebook, Inc. (NASDAQ:FB) along with Zynga amended an agreement giving the games developer strong access to the social network’s one billion users. Zynga developed Farmville, which was once mostly played on Facebook, and at its peak, it attracted 82 million players a month. Currently, Zynga has its own games platform, but players are not longer able to share their progress on Facebook.
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AT&T, Inc. (NYSE:T) has begun to offer to exchange 17 series of notes for new debt, and its cash was significantly oversubscribed as of the early deadline, which has caused the company to raise the maximum amount of new notes that are able to be issued. The maximum aggregate principal amount of new notes that will be issued is $5 billion, which has risen from $4 billion. Those who hold old notes validly tendered before 5 p.m. EST on Thursday will receive an early participation payment. As of that early deadline, over $8 billion in notes had been tendered to the offering.
Nokia Corporation (NYSE:NOK): Those who have searched for for the Nokia’s Lumia 920 have had difficulty finding the device, as the majority of online vendors have listed the phone as “back-ordered,” and not many retailers have any in stock. The company has stated that it is finding it difficult to meet demand for the smartphone. While the apparent success of the Lumia 920, running on Microsoft‘s (NASDAQ:MSFT) Windows operating system, caused hope for some analysts, another analyst has claimed that the short supply could be a result of Nokia’s distribution strategy, instead of the high demand, according to The New York Times.
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