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.
Here are a few things that will shape this week on Wall Street: Apple should make some news at its Worldwide Developers Conference; Elsewhere, look to earnings reports from Zumba maker Majesco, retailer Pier 1, supermarket chain Kroger, and luxury brand Kors.
AT&T is now offering a $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.
Since hitting an all-time high several weeks ago, Apple's stock has gone through a turbulent patch. Investors meanwhile, are considering several issues that could dramatically impact the tech giant's future direction.
Intel's stock is up just 2% this year compared to the Nasdaq's 17% rise, and investors fret that the explosive growth of smartphones and tablets will crimp the market for the PC chips that produce the bulk of Intel's revenue. But the tech giant has a plan.
If you ever doubted the marketing genius of Steve Jobs, the scene outside the Apple Store in Soho on the morning the iPhone 4 went on sale will change your mind. Watch our video.
