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Consumer group warns about toy hazards
Americans gloomy on economy heading into holidays
Banks earn $2.8 billion in third quarter; insurance fund in the red
Akron, Summit County jobless rates increase
Home prices rise for fourth month in a row
Economy's rebound not as strong as first thought
Area home sales fall as U.S. sees gains
Most Read Stories
2 men shot during party in Fairlawn
Cancellation of Christmas not an option
Akron man killed in crash on his street
Akron Children's Hospital CEO, wife announce $1 million gift to support research
Victim of beating in Kent last week is declared dead at Akron hospital
Police: Pennsylvania man killed misbehaving puppy before Steelers game
Akron Circle K store robbed for second time this month
Several people hurt in Akron crash
KSU suspends basketball player
Police accuse bank robbery suspect of gobbling up note (with dashcam video)
Blogs:
Pets:
A Dog Named Christmas – Pet for the Holidays
The Heldenfiles:
Viewing Notes
Patrick McManamon:
Of pass interference and alleged "fake" injuries
Akron Zips:
No. 1 Akron to play Stanford next
Tribe Matters:
Seven players added to Tribe’s 40-man roster
Cleveland Browns:
Audio: Mangini disputes Poteat call, accuses Lions of faking injuries
Kent State Sports:
Flashes travel to Florida Atlantic
Cleveland Cavaliers:
Gameblog: Cavs vs. Philadelphia 76ers
Buckeye Blogging:
Buckeye Football – Present and Future
Varsity Letters:
Gulley to visit Central Michigan in December
All Da King's Men:
The Onion, By Any Other Name…
Blog of Mass Destruction:
Glaring Contradictions
Akron Law Café:
Don't Try to Have Fun if you are Depressed
See Jane Style:
Vintage Chic
Car Chase:
What Automotive Thing Are You Thankful For?
Let's Talk Real Estate:
Faye Dunaway to be Evicted?
Ohio Travels with Betty:
Monique asks how to get tickets for the Polar Express.
Sound Check:
Steely Dan Plays "The Royal Scam" at E.J. Thomas Hall
HRLite House:
Personal Rant – Why I am Glad I live in NEO
Akron Gamer:
Nintendo's Mario endures even as games come and go
Apple gadget is coming to stores Sunday; 8-gigabyte version will cost $197
By Chris Burritt
Bloomberg News
Published on Saturday, Dec 27, 2008
Wal-Mart Stores Inc., the world's largest retailer, said it will start selling Apple Inc.'s iPhone on Sunday to bolster its offering of consumer electronics.
An 8-gigabyte version of the Web-surfing iPhone 3G model with a two-year AT&T Inc. service contract will cost $197, and a 16-gigabyte version will go for $297, Wal-Mart said Friday in a statement. Speculation spurred Best Buy Co., the largest U.S. electronics retailer, to cut its iPhone prices by $10 for the rest of the year.
Selling the iPhone will draw more customers and burnish Wal-Mart's reputation as a consumer-electronics destination, analysts said. The company's 3,500 U.S. supercenters and discount stores have improved displays and given more space to Sony Corp. flat-panel televisions, Dell Inc. laptop computers and other electronics in the past year to spur sales.
''It's impressive that a manufacturer with the cachet of Apple chooses Wal-Mart as Please see Wal-Mart, D7
Continued from Page D1
the next place to go after Best Buy,'' Joseph Feldman, an analyst at Telsey Advisory Group in New York, said. ''The Wal-Mart customer represents America and wants the latest gadgets. It will help the iPhone go mainstream.''
Wal-Mart said its stores will match the advertised iPhone prices of competitors in local markets.
Entertainment items including electronics and toys generated 14 percent of Wal-Mart's revenue in the 12 months through Jan. 31, 2008, the same percentage as a year earlier, according to the retailer's annual securities filing.
Wal-Mart has increased its offering of brand-name consumer electronics as part of its focus on products consumers want the most, Chief Financial Officer Thomas Schoewe said Nov. 13.
Electronics including a Toshiba Corp. laptop computer, a Microsoft Corp. Xbox game player and Apple's iPod filled the first three pages of Wal-Mart's sales flier for the week through Dec. 24.
The iPhone became the most popular mobile phone among U.S. consumers last quarter, research firm NPD Group said last month. NPD's numbers exclude purchases by companies.
Apple introduced the first iPhone in June 2007 and released an updated version in July 2008 that runs on a faster network.
Best Buy started selling the iPhone in September, becoming its first U.S. retailer other than Apple and AT&T, the brand's sole wireless provider.
Wal-Mart Stores Inc., the world's largest retailer, said it will start selling Apple Inc.'s iPhone on Sunday to bolster its offering of consumer electronics.
Get the full article here.
