Stocks slipped on Thursday as data on regional factory activity and jobless claims underscored worries about the pace of the economic recovery.
Sales of Apple Inc's latest iPhone blew away expectations in its first day on the market despite shortages and an embarrassing online ordering glitch that thwarted many shoppers.
Sales of Apple Inc's latest iPhone blew away expectations in its first day on the market despite shortages and an embarrassing online ordering glitch that thwarted many shoppers.
Apple Inc sold more than 600,000 of its newest iPhone after a single day of preorders, blowing away most expectations and sending its shares up more than 2 percent on Wednesday.
The Dow and S&P 500 dipped on Wednesday after concerns about FedEx's warning on higher costs, while optimism stirred by Apple Inc's stronger-than-expected iPhone sales helped the Nasdaq.
AT&T Inc said on Wednesday that it was suspending preordering of the next Apple Inc iPhone while it tries to meet the fulfill number of orders it has already received.
Customers trying to reserve the latest version of the iPhone were thwarted by technical glitches that hindered sales on Tuesday, the first day of pre-orders before the device hits stores on June 24.
Stock index futures pointed to a lower open on Wall Street on Wednesday following the previous session's strong rally, with futures for the S&P 500 down 0.5 percent, Dow Jones futures down 0.4 percent and Nasdaq 100 futures down 0.4 percent at 0944 GMT.
Electronics hardware makers on Tuesday showed off snazzy new devices enabling motion-sensing play and 3D effects, intensifying a battle to introduce video-gaming to a new generation of casual users.
Customers trying to reserve the latest version of the iPhone were thwarted by technical glitches that hindered sales on Tuesday, the first day of pre-orders before the device hits stores on June 24.
Customers attempting to reserve the next iPhone were thwarted by technical problems on the websites of Apple Inc and AT&T Inc on Tuesday, the first day of pre-orders for the phone.
Customers attempting to reserve the next iPhone were thwarted by error messages on the websites of Apple Inc and AT&T Inc on Tuesday, the first day of pre-orders for the phone.
AT&T Inc is getting close to bringing its mobile phone call quality to where it should be, Chief Executive Randall Stephenson said in a CNBC television interview on Tuesday.
Perhaps it was only a matter of time until the vuvuzela became a runaway hit on the iPhone.
The sound of vuvuzela trumpets in World Cup broadcasts may be silenced by the BBC following hundreds of complaints but the incessant drone has become a runaway hit with iPhone users.
AT&T Inc said on Sunday it would cooperate with law enforcement in any investigation of a security breach of Apple Inc's iPad that exposed personal information of the telephone company's customers.
Cellphone rivals Motorola Inc and BlackBerry maker Research In Motion Ltd have reached a technology licensing agreement, ending more than two years of litigation.
The U.S. Federal Communications Commission said it would step up scrutiny of online security and privacy issues following recent security breaches involving Apple Inc's iPad and Google Inc's collection of private data by its Street View cars.
Motorola Inc and BlackBerry maker Research In Motion Ltd have reached a technology licensing agreement, ending more than two years of litigation with each other, the companies said on Friday.
The Federal Bureau of Investigation has opened a probe into a security breach of Apple Inc's iPad that exposed personal information of AT&T Inc customers, including those of several high-ranking government officials.
The Federal Bureau of Investigation has opened a probe into a security breach of Apple Inc's iPad that exposed personal information of AT&T Inc customers.
AT&T Inc said on Wednesday some users of Apple's iPad have had personal information exposed via a network security flaw, two months after the tablet computer was launched and smashed sales expectations.
