Aug. 23 (Bloomberg) -- Baird Senior Research Analyst William Power discusses the possible sales figures of Apple's iPhone 5. He speaks with Jon Erlichman on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)
U.S. stocks fell, sending the Standard & Poor’s 500 Index lower for a second day, as concern grew that Greece was moving closer to default and the Federal Reserve said policy makers were divided on buying more assets.
Leap Wireless International Inc., the pay-as-you-go mobile-phone provider, fell to a record low in Nasdaq trading after its second-quarter sales missed analysts’ estimates because of subscriber losses.
Research In Motion Ltd., struggling to recover from one of its worst BlackBerry service disruptions, may see more defections as the snag gives users another reason to turn to Apple Inc.’s new iPhone, which hit stores today.
Research In Motion Ltd. , maker of the BlackBerry smartphone, plans to introduce a tablet computer in November to compete with Apple Inc. ’s iPad, according to two people familiar with the company’s plans.