AT&T Breaks Recycling Record and 1 Hot Stock Changing Hands Today
AT&T, Inc. (NYSE:T) customers broke the world record, as certified by the Guinness Book of World Records, for recycling 50,942 wireless devices in one week. In 2011, AT&T collected about three million cell phones for reuse and recycling and, thanks, in part, to their new trade-in program, they anticipate surpassing that number in 2012. By recycling these devices, AT&T customers avoided sending about 25,471 pounds of trash to landfills. AT&T customers in Texas recycled 5,879 devices, the most of any state. California followed closely behind with 4,916 devices. The Chippenham store in Richmond, VA, collected the most devices at 108.
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Nokia Corporation (NYSE:NOK): According to new statistics from Gartner, Nokia Corporation declined during the third quarter — they fell from third to seventh in the rankings of worldwide smartphone sales as Samsung and Apple continued to dominate the space. “Nokia had a particularly bad quarter with smartphone sales of just 7.2 million,” Gartner said. The company, however, did not have any major releases in the second quarter and has high hopes for their Windows Phone 8-based Lumia line-up. “The arrival of the new Lumia devices on Windows 8 should help to halt the decline in share in the fourth quarter of 2012, although it won’t be until 2013 to see a significant improvement in Nokia’s position,” Gartner stated.
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