"Mirror, mirror, on the wall, who's the highest-paid CEO of them all?" In the wireless world, the answer to that question is Sprint CEO Dan Hesse.
Apple released a cheaper 8 GB iPhone 5c in its European online stores, but the gadget is not yet available online in the U.S. Apple also re-released its fourth-generation iPad tablet, which replaces the older iPad 2.
According to a number of reports, Apple CEO Tim Cook and Samsung co-CEO J.K. Shin held a meeting last week in an attempt to iron out the companies' ongoing legal battle over patent infringement. However, according to those reports, Cook and Shin were unable to reach an agreement on the issue and appear set to return to the courtroom in March to continue their dispute.
Apple CEO Tim Cook reiterated what he is has been saying for months: that Apple will enter a new product category this year. The biggest and most likely bet is that Apple will get into wearable computing with some kind of smart watch, though Apple observers have also been speculating (for years) about an expanded TV offering.
Apple said it sold a record 51 million iPhones during its most recent quarter, which covered the critical holiday shopping season. Apple's iPhone sales figure was slightly lower than what an average of analysts expected. Apple also reported quarterly revenue of $57.6 billion and quarterly net profit of $13.1 billion.
It's no secret that the vast majority of what wireless executives say in public is not surprising. Usually it's a recitation of phrases, talking points and ideas they have made in the past that they are simply reinforcing. However, every once in a while, in an interview or unguarded moment, wireless executives can let loose a whopper.
U.S. Cellular and Sprint prepaid brand Boost Mobile confirmed they will begin selling Apple's iPhone 5s and 5c models on Nov. 8, becoming the last major U.S. carriers to do so.
Apple has told the two companies that assemble its iPhones to cut orders for its lower-priced iPhone 5c, according to multiple reports, which could signal weaker-than-expected demand for the device compared to the more expensive iPhone 5s.
European technology fans lined up on Friday as the iPhone 5s and 5c finally went on sale in a number of countries across the globe, including the European markets of France, the UK and Germany.
Apple CEO Tim Cook dismissed pundits and analysts who have questioned the price of the company's lower-cost iPhone 5c as too high, arguing that Apple has never been in the business of making low-cost phones.