NEW YORK. (
iPhone was one of the biggest tech stories of the week, with the telco
from 3 a.m. EST Thursday ahead of its launch on Feb. 10.
The early offering of
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.
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.
was also busy this week, ramping up its efforts around
Android operating system by unveiling its
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.
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
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
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.
, was also in the news this week after the company posted its
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
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
will be grabbing some headlines with a WebOS event on Wednesday. Service provider
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
--Written by James Rogers in New York.
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