Want to be an extra-generous Santa in 2010? Try buying the most expensive item at each of 12 popular U.S. retailers. According to an unscientific survey by 24/7 Wall St, that would set you back nearly $15 million (thanks mainly to a visit to Tiffany). But, wow, what goodies you'd be hauling down that chimney.
Apple's iPhone 4 hit retail stores at last today, after much anticipation and excitement, driven by praise for Apple's latest smartphone from most technology reviewers and high expectations for another smash hit.
Consumers on the market for Apple's highly anticipated iPhone 4 can begin placing pre-orders at Best Buy and Radio Shack tomorrow, on Tuesday, June 15th, the companies said Monday. The new phone will officially hit stores on June 24th.
Focusing on cell phones seems to be paying off for RadioShack. The electronics retailer's first-quarter profit rose 16%, thanks to sales of handsets and prepaid wireless services. But the report probably won't quiet the takeover speculation of recent weeks.
Radio Shack has been the subject of much takeover speculation in recent weeks. Analysts expect small improvements when it reports on Monday, and some investors hope that will help the company find a buyer.
RadioShack has been the subject of buyout speculation in recent months. The latest comes from a report that the company has retained JP Morgan to explore strategic options, including a possible buyout. A deal could be worth as much as $3 billion.
