Second Quarter Earnings, Smartphone | featured news

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Analysis: Apple sounds warning bell for smartphone industry

If Apple Inc's weaker-than-expected quarterly result is anything to go by, the global smartphone industry is a lot more vulnerable to economic shocks these days than during the 2008-2009 financial crisis.

AT&T posts higher-than-expected 2nd-quarter earnings

AT&T Inc pulled back its outlook for business services this year, sending its shares down 3 percent despite its better than expected quarterly profit as it reduced costs from customer upgrades to smartphones such as the Apple Inc iPhone.

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