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] As expected, equity indices began the session with slim losses. The S&P 500 is lower by 0.2% with eight sectors showing early weakness. The energy sector (-0.7%) has slumped out of the gate, while industrials (-0.3%) and financials (-0.2%) also display relative weakness.
On the countercyclical side, consumer staples (+0.2%) and utilities (+0.4%) have been able to register early gains, while health care (-0.1%) and telecom services (-0.1%) hover just below their ... More
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