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  • 18
    Mar 12

    Apple holding conference call to unveil plans for their $100 billion cash balance

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    Apple has a ton of cash in the bank, upwards of 0 billion. Think – 0 billion. During their last quarterly conference call Peter Oppenheimer, Apple’s CFO, stated that “We have always discussed internally our cash. We recognize our cash is growing for all the right reasons, and I would characterize our discussions today as ‘active’ with what makes the most sense with the cash balance. When we have something to announce we will announce. Again, we are actively discussing the best usage of our cash balance.”

    Tomorrow, March 19th, at 6AM (PST) / 9AM (EST) Apple will declare their intentions on how they plan to spend their cash. In a press release today Apple said they will “announce the outcome of the Company’s discussions concerning its cash balance. Apple will not be providing an update on the current quarter nor will any topics be discussed other than cash.”

    Perhaps Apple will announce plans to payout dividends for investors, purchase a few companies, or continue down the path of protecting their patents. Who knows… everything will unfold in a few hours.

    Source: Apple

    Related posts:

    1. Apple App Store to hit the 10 billion download mark
    2. Apple holding iPhone 4 press conference Friday
    3. Apple now outselling Nokia in smartphones, has over billion in cash

    MobileSyrup.com

      Virgin Mobile News
      $100, Apple, balance, billion, Call, cash, Conference, Holding, Plans..., Their, unveil
     
  • 22
    Aug 11

    CWTA: Canadians sent 18 billion text messages in Q1 2011

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    In 2010 the total number of text messages that Canadians sent climbed to 56.4 billion. From the first 3 month stats that of 2011 seems that we’ll blow right past that number this year. The Canadian Wireless Telecommunications Association (CWTA) has announced that in Q1 2011 (January, February and March) there was 18 billion text messages sent by Canadians, an increase of over 10% from Q4 2010. The CWTA said that March stats had 6.2 billion text messages sent, representing an average of 199 million messages per day.

    Source: txt

    Related posts:

    1. CWTA: Canadians sent 56.4 billion text messages in 2010
    2. Canadians sent over 35 billion text messages in 2009
    3. Canadians sent over 5.2 billion text messages in Q3

    MobileSyrup.com

      Virgin Mobile News
      2011, billion, Canadians, CWTA, messages, sent, Text
     
  • 8
    Mar 11

    Microsoft paying Nokia $1 billion over 5 years to “promote and develop Windows-based handsets”

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    Last month Nokia and Microsoft entered into a “broad strategic partnership” that made the Windows Phone OS its “primary smartphone strategy”. All seemed like a logical partnership as Nokia needed the help and new CEO Stephen Elop used to be working at Microsoft… and also Microsoft needed a global boost to their new mobile platform. [...]

    Related posts:

    1. Nokia partners with Microsoft… makes Windows Phone “its primary smartphone strategy”
    2. Microsoft: 2 million Windows Phone 7 devices shipped
    3. Microsoft and Nokia partner to bring Microsoft Office Mobile to their devices

    MobileSyrup.com

      Virgin Mobile News
      “promote, billion, develop, handsets”, Microsoft, Nokia, over, paying, Windowsbased, years
     
  • 16
    Oct 10

    Mobile is a $1 billion business for Google

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    --Google Inc.

    While it may be true that mobile only contributes to a small share of Google Inc.’s (GOOG) treasure, it’s still grown to a billion annual business. … Read More »

    RCR Wireless News

      Verizon Wireless News
      billion, Business, Google, Mobile
     
  • 30
    Jun 09

    Sprint arranges $2.1 billion credit line

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    By Bloomberg News
    Sprint Nextel Corp. has obtained a .1 billion revolving loan, replacing a .5 billion credit line due to expire in December.

    The new revolver matures in October 2013.

    JPMorgan Chase & Co., Citigroup Inc., Bank of America Corp., Barclays Plc, Deutsche Bank AG, Goldman Sachs Group Inc., Wells Fargo & Co., Bank of Nova Scotia and Northern Trust Corp. are participating in the loan, said Cristi Allen, a Sprint spokeswoman.

    read more

    Sprint Connection | News and views on Sprint Nextel –

      Sprint PCS News
      $2.1, arranges, billion, credit, line, Sprint
     
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