Dollars & Sense: AT&T's iPhone battle; state jobs in trouble
AT&T last quarter locked in millions more iPhone users who won't be switching (without penalty) to Verizon anytime soon.
January 27th, 2011
05:59 PM ET

Dollars & Sense: AT&T's iPhone battle; state jobs in trouble

A roundup of today's CNNMoney news:

AT&T locks in 4 million iPhone users: The fourth quarter marked the last full quarter of AT&T's iPhone exclusivity agreement with Apple. Verizon will begin taking pre-orders for the phone on Feb. 3 and selling it in stores on Feb. 10. Verizon's iPhone won't spell disaster for AT&T. That's partly because AT&T customers will have to pay a $300+ termination fee and buy a whole new phone if they want to switch.

First iPad newspaper to launch next week: News Corp.'s iPad-exclusive newspaper, The Daily, will be the guinea pig for Apple's new iPad subscription option.

Why gold is losing its luster: The precious metal was on a crazy record-setting tear last year, but enthusiasm has cooled dramatically in 2011.

Financial crisis was 'avoidable': In the first official government review of the root causes of the crisis, the Financial Crisis Commission said there were warning signs and blamed Presidents Bush and Obama, the Fed and the Treasury Department for not acting sooner. In Davos, JPMorgan CEO Jamie Dimon says even his company could and should be dissolved if it fails.

State jobs on the chopping block: Faced with billion-dollar deficits, states are being forced to cut thousands of state jobs. The quandary: Many of those jobs still need to get done. Meanwhile, these 15 companies have never had a layoff  ... ever!

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Filed under: Business • Dollars & Sense • Economy
soundoff (5 Responses)
  1. The two witnesses

    Yep if only everyone knew about the two witnesses that are spoken of in revelation chapter 11 are here now!! Please call 800 613 9494 or log onto today

    January 27, 2011 at 8:09 pm | Report abuse |
  2. Jeff Frank

    Don't you just get sheer enjoyment out of it when you here someone say "I've got Verizon" or "I've got AT&T", and they say I've been with them for five years now? It's more like they've "got you". Got you "real good". Thats why it takes them only 2 to 5 seconds to read all the legal disclaimers in their ads. Who really understands them.

    January 27, 2011 at 10:26 pm | Report abuse |
  3. Cesar

    Where are you monkey???

    January 28, 2011 at 12:59 am | Report abuse |
  4. chrissy

    ok im assuming thats the fake cesar now

    January 28, 2011 at 7:51 am | Report abuse |
  5. Cesar

    Yes Chrissy, but he writes pretty darn well. I think I'm going to ignore him since he makes me look smarter than I really am. Verizon and AT&T; I wonder what's the big difference. Nice to read your posts again Chrissy.

    January 28, 2011 at 10:46 am | Report abuse |