Apple Becomes One of Top Five Mobile Phone Makers

iPhone

Apple (AAPL) surged into the world’s top-five mobile phone vendors in the third quarter, thanks to sales of the Apple iPhone.

The consumer technology giant jumped into fourth place, ahead of Research In Motion (RIMM), Bloomberg News reported.

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“The entrance of Apple to the top five underscores the increased importance of smartphones to the overall market,” Kevin Restivo, an analyst…

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Apple Becomes One of Top Five Mobile Phone Makers originally appeared on DailyFinance on Fri, 29 Oct 2010 07:01:00.

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British Airways Reports First Quarterly Profit in Two Years

British Airways (BAIRY) posted its first quarterly profit in two years thanks to higher ticket prices.

The company reported earnings of 229 million pounds ($365 million) for the quarter ended Sept. 30, compared with a loss of 111 million pounds a year earlier, according to Bloomberg News.

Sales rose 18% to 2.51 billion pounds.

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British Airways said that yields – a measure of…

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British Airways Reports First Quarterly Profit in Two Years originally appeared on DailyFinance on Fri, 29 Oct 2010 06:47:00.

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Former McDonald’s Manager Not Lovin’ His Weight Gain

McDonald’s has lost a $17,500 lawsuit from a former franchise manager in Brazil, who says he put on 65 pounds during his 12 years of working for the chain. The former employee blames the company’s policy of mandatory food sampl…

The Most Powerful People in Retail

Consumers are still cautious about spending as the effects of the recession linger. But many retailers are feeling more optimistic as we head into the holiday shopping season. Here’s a look at the people who are leading retail …

3M Reports Earnings Per Share of $1.53

Office supply maker 3M (MMM) reported third quarter earnings of $1.53 per share, up 13.3% from a year earlier.

Sales rose 11 % to $6.9 billion, boosted by a strong performance in emerging markets, the company said in a statement. Emerging markets now…