Microsoft Contradicted by Nokia on Smartphones & 2 Dow Movers to Follow Midweek
Microsoft Corporation (NASDAQ:MSFT): Current price $27.94
Microsoft has publicly maintained that it does not intend to introduce its own smartphone, but its biggest Windows Phone partner Nokia Corporation (NYSE:NOK) has said in regulatory filings that it “may face increased competition from other manufacturers, including Microsoft, who already produce or may produce competing Windows Phone based products,” according to Business Insider, which cited previously filed Securities and Exchange Commission documents.
AT&T (NYSE:T): Current price $36.64
A just-released 2013 AT&T Small Business Technology Poll surveyed 1,000 small businesses coast-to-coast, and found that 98 percent of small businesses use some form of wireless tech in their operations. Beyond that, the poll revealed that 56 percent of smartphones used by small business employees for business purposes are 4 gigabyte, marking a 70 percent jump in usage from 2012 when only 33 percent used the devices. Nine in 10 of the businesses using 4-gigabyte smartphones are satisfied with the speed.
Verizon Communications (NYSE:VZ): Current price $48.17
Small wireless carriers have found a new way to lure users of Apple’s (NASDAQ:AAPL) iPhone as well as other popular handsets — the legalization of unlocking mobile devices. Regional and rural wireless providers are backing a number of bills in the United State Congress that would permit consumers to unlock mobile phones and tablet computers without the carriers’ permission, according to Bloomberg.