Google finds mobile market is tough
The company stops selling its Nexus One mobile device in the United States. The phone got lots of hype but not a lot of sales.
The Android system is a hit and has led to huge sales of phones on the Sprint and Verizon Wireless networks.
Google will offer support for customers in the United States.
The phone will continue to be sold by partners including Vodafone in Europe, KT in Korea and possibly others based on local market conditions.
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[BRIEFING.COM] The stock market capped the trading week with losses across the major averages. The S&P 500 fell 0.5% to surrender its weekly gain, while the Dow Jones Industrial Average (-0.7%) and Russell 2000 (-0.9%) underperformed. The two indices posted respective losses of 0.8% and 0.6% for the week.
Equity indices were pressured from the get-go after several heavyweights disappointed the market with their earnings and/or guidance, which led to some broader profit-taking. After ... More
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