) --


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iPhone was one of the biggest tech stories of the week, with the telco

taking pre-orders

from 3 a.m. EST Thursday ahead of its launch on Feb. 10.

The early offering of


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CDMA iPhone 4 was limited to Verizon Wireless customers via the Verizon or Apple Web sites, and initial reports suggested that the pre-orders kicked off without a hitch.

Verizon apparently

sold out of its limited allotment of iPhones

at about 8 p.m. EST Thursday. "In just our first two hours, we had already sold more phones than any first day launch in our history," said Dan Mead, Verizon Wireless CEO, in a statement.

iPhone pre-orders will be available again early Wednesday prior to the store sales launch Thursday, according to the Verizon Web site.

Shares of Verizon closed down 7 cents, or 0.19%, at $36.31 on Friday.


Verizon rival


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was also busy this week, ramping up its efforts around


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Android operating system by unveiling its


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4G smartphone on Thursday.

In addition to the Atrix 4G, which AT&T is touting as "the world's most powerful smartphone," the telco also took the wraps off the


Inspire 4G on Thursday.

AT&T shares ended the week down 2 cents, or 0.07%, at $27.97. Motorola shares, however, crept up 63 cents, or 2.05%, to $31.34.



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copying its search engine results

on Tuesday. According to the Mountain View, Calif.-based tech giant, Microsoft's Bing search engine watches Google's results to improve its own.

Microsoft, however, seemed to

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shrug off

Google's accusation, which followed a search engine sting. Harry Shum, Bing's corporate vice president, dismissed Google's sting as, "a spy-novelesque stunt to generate extreme outliers in tail query ranking."

Google shares ended the week up 83 cents, or 0.14%, at $610.98. Microsoft shares also crept up 12 cents, or 0.43%, to close at $27.77.

Intel Revises Outlook

Chip giant


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revised its outlook

on Monday to reflect a chipset design issue and the completion of its $1.4 billion



Intel said that it has discovered a design issue in its recently-released Cougar Point support chip, which works with its new Sandy Bridge processor. In a statement, the tech bellwether said that it has implemented a silicon fix to the problem, and has stopped shipping the affected chipset.

The company's shares closed up 11 cents, or 0.51%, at $21.68 on Friday.

Broadcom Results

Another chipmaker,



, was also in the news this week after the company posted its

fourth-quarter results


The Irvine, Calif.- based firm beat Wall Street's revenue and earnings forecast on Tuesday, although disappointing guidance pushed the company's shares down. Broadcom also pointed to a potential inventory buildup at two of its set-top box customers, prompting speculation that its results could

weigh on

networking giant


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when it reports its second-quarter results next week.

Broadcom's stock ended the week up $1.92, or 4.37%, at $45.82. Shares of Cisco closed up 14 cents, or 0.64%, at $22.05 on Friday.

Tech's Week Ahead

Verizon's iPhone launch on Thursday is the biggest event of next week, although


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will be grabbing some headlines with a WebOS event on Wednesday. Service provider


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also has something up its sleeve, and will join forces with magician David Blaine at a wireless event in New York after the market close on Monday.

Cisco is the biggest tech name on deck next week, posting its second-quarter results after the market closes on Wednesday. Despite some concern of weakness in the aftermath of Broadcom's results, there have been signs that Cisco is

enjoying healthy demand for its products


--Written by James Rogers in New York.

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