Jabil Circuit Inc. fell the most in more than a year after reporting profit that missed analysts’ estimates, a sign that higher spending to manufacture casings for Apple Inc.’s iPhone 5 is crimping margins.
Apple Inc. is preparing to introduce the next version of the iPhone on Sept. 12 in what will be a design overhaul of its top-selling product, according to two people with knowledge of the company’s plans.
T-Mobile USA Inc., the nation’s fourth-largest wireless carrier, could use parent Deutsche Telekom AG’s sales agreement with Apple Inc. to sell the iPhone in 2013, Sanford C. Bernstein’s Craig Moffett said.
Google Inc. plans to push its Android mobile software in India and China, and is exploring ways for developers to make more money from applications, stepping up competition with Apple Inc. and Nokia Oyj.
AT&T Inc., Sprint Nextel Corp., Apple Inc. and T-Mobile USA were sued by mobile phone customers who claim that Carrier IQ Inc. tracking software installed on their phones violates U.S. wiretapping and computer fraud laws.