Despite the massive popularity of Apple’s iPhone, AT&T, the iPhone’s exclusive carrier, posted a 1.2 percent drop in profits as revenue from traditional landlines fell faster than the company’s cost-cutting measures could go into effect. However, AT&T added a record number of iPhones into its network during this quarter.
In all, AT&T’s wireless subscriber base grew by 2 million during the third quarter to 81.6 million, including 3.2 million new activations of the Apple iPhone. This figure benefited from a price cut of the older versions of the iPhone and the June release of the upgraded iPhone 3G S, which boasts …read more

With more and more individuals and corporations marketing their iPhone apps, it was only a matter of time before marketing companies started offering iPhone app specific services. RSVP Video has created a service that demonstrates iPhone apps using video.
Marc Linden of RSVP Video stresses that those who want to market iPhone apps in a professional manner should consider their service.
Said Linden: “When creating an iPhone video we use the same elements employed in commercials: music, narration, text, color, design, animation, and actors to get the message across. App developers are creative and computer literate, but when they make their own …read more

On Monday, Apple announced that they have already sold more than one million iPhone 3GS models. If you are scoring at home, that’s more than 333,333 iPhone 3GS models per day in the first three days after the launch.
Perhaps even more impressive, Apple says that approximately six million people have downloaded new software for the iPhone 3.0. Considering that has been on the market for only five days, that’s more than one million downloads per day.
Apple claims that this version of the iPhone is the most powerful and the fastest iPhone to date. Included in the improvements are a 3 …read more

Palm’s new phone might be smart, but what about its investors?
Shares of Palm (Ticker: PALM) rose 35 percent on Thursday and opened 18 percent higher on Friday. What is the fuss?

Palm finally showcased its new smart phone, the “Pre,” at the 2009 International Consumer Electronics Show (CES) in Las Vegas. Palm also unveiled its operating system, Palm Web OS, and a new wireless charger called the “Touchstone.”
According to comScore, Inc., Palm’s current product offering held about 16 percent of the U.S. smart phone market as of October 2008. The Palm Pre, which will compete with Apple’s iPhone and RIM’s Blackberry, has garnished some high praises.
Unfortunately, high profits justify stock jumps NOT …read more