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The Worst Product Flops of 2012

Sometimes, no matter how many months a company invests in development or how many millions it spends on marketing, a new product can fall flat on its face. That's what happened to these new offerings, the biggest product flops of 2012.

Will a $9 iPhone 3 Undercut Sales of Apple's iPhone 5?

AT&T is now offering an $9 iPhone. Granted, that's for a refurbished iPhone 3 G3S-8G. But those have most features people want in an iPhone, and the upcoming iPhone 5 doesn't offer the one thing that could differentiate it from its predecessors: 4G compatibility. Could Apple's prices cuts on older models come back to bite it?

Intel Will Have to Prove Itself All Over Again in 2011

2010 hasn't been a happy year for Intel. Its stock is up just 2% compared to the Nasdaq's 17% rise, and there's a growing sense that the explosive growth of smartphones and tablets will shrink the market for the PC chips that produce three-quarters of Intel's revenue. But the chip giant has a plan.

Apple to Open First Chinese Retail Store on Saturday

Apple (AAPL) plans to open its first Chinese retail store in Shanghai on Saturday, CNN said. Customers are already queuing up to get into the store, which will have 80 Macs, 100 iPods and 60 iPhones to play with. There will also be a Genius Bar and the country%u2019s first Briefing Room for free business workshops.