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Apple stock hits highest since December on Samsung Note 7 fire crisis

October 10, 2016 by · Leave a Comment 

By Noel Randewich SAN FRANCISCO (Reuters) – Apple Inc's stock on Monday jumped 2.3 percent, reaching a high not seen since December, after rival Samsung Electronics Co Ltd suspended production of its flagship Galaxy Note 7 smartphones following reports of fires in replacement devices. Fires in the smartphones that were meant to replace devices that had been recalled because of their propensity to explode could be a disaster for Samsung and a potential boon to Apple. Apple's stock was up $2.66 at $116.72 in afternoon trading and was the largest contributor…

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Apple stock hits highest since December on Samsung Note 7 fire crisis

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Verizon may shift holiday marketing away from Note 7: spokeswoman

October 10, 2016 by · Leave a Comment 

Verizon Communications Inc, the largest U.S. wireless carrier, may shift marketing away from Samsung Electronics Co Ltd's troubled Galaxy Note 7 mobile phone heading into the critical holiday selling season, a company spokeswoman said on Monday. Samsung, the world's largest smartphone maker, announced a global recall of at least 2.5

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Verizon may shift holiday marketing away from Note 7: spokeswoman