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Apple revises fourth quarter revenue expectations higher

              FILE - In this Friday, Sept. 20, 2013, file photo, a sales person pulls out an iPhone 5s for a customer during the opening day of sales of the iPhone 5s and iPhone 5C, in Hialeah, Fla. Apple says Monday, Sept. 23, 2013, that shoppers snapped up 9 million of its newest iPhones since the devices were launched Friday, and that demand is exceeding supply.  (AP Photo/Alan Diaz)

After releasing the record-breaking sales figures for the iPhone 5s and iPhone 5c opening weekend, the company has announced that it expects its Q4 revenue to be near the high end of its original estimate. According to Street Insider, Apple originally provided a range of $34 billion to $37 billion of total revenue and 36% to 37% gross margin for the fourth fiscal quarter and the company is now very confident that it will more than exceed its lowest guidance. Smartphone buyers showed an unprecedented amount of enthusiasm for the new iPhone models, with some customers lining up as early as two weeks in advance of the retail release. It seems that the limited supply has not stopped buyers from getting their hands on the 5s and 5c, nor has it stopped Apple from raising its expectations for the rest of the year.

Verizon accused of violating FCC rules by blocking Nexus 7 from its 4G LTE network

12:10 PM 09/18/2013

Surprise, surprise: Verizon is being accused of ignoring the Federal Communications Commission's rules on what it can do with its spectrum. Jeff Jarvis says that Verizon so far has refused to hook his unlocked Nexus 7 tablet up to its LTE network because the device is "not part of our lineup and can't be activated." As Jarvis notes, this seems to violate the regulations the FCC placed on Verizon when it first won the rights to operate on the 700MHz spectrum that it uses for much of its LTE network.

New report suggests iPad 5 and Retina iPad mini could get fingerprint scanners

11:00 AM 09/18/2013

Apple is widely expected to unveil two brand new iPad tablets next month, and they may pack a surprise. A new report from Digitimes on Wednesday cites Taiwan-based component makers in claiming that Apple's fifth-generation full-size iPad and its second-generation iPad mini tablet will both feature new sapphire crystal home buttons. Apple's upcoming new iPhone 5s utilizes sapphire crystal instead of plastic for the home button as well, and the purpose is to protect the brand new Touch ID fingerprint scanner found beneath the glass. Digitimes' report doesn't specifically state that Apple's next iPads will include the new fingerprint scanner, though a switch to sapphire would certainly make the inclusion of a fingerprint sensor a good possibility.

Apps Are Replacing Humans In Retail Stores

7:17 AM 05/29/2013

(Reuters) - Shoppers walking into a clothing store in New York City's SoHo neighborhood should not be surprised if a smartphone app, rather than a salesperson, greets them at the door.

Psst, taxes go up in 2013 for 163 million workers

3:27 PM 10/21/2012

WASHINGTON (AP) — President Barack Obama isn't talking about it and neither is Mitt Romney. But come January, 163 million workers can expect to feel the pinch of a big tax increase regardless of who wins the election.

White House prepared to meet one-on-one with Iran

10:31 PM 10/20/2012

WASHINGTON (AP) — The White House says it is prepared to talk one-on-one with Iran to find a diplomatic settlement to the impasse over Tehran's reported pursuit of nuclear weapons, but there's no agreement now to meet.

US panel: China tech giants pose security threat

10:39 AM 10/08/2012

WASHINGTON (AP) — American companies should avoid doing business with China's two leading technology firms because they pose a national security threat to the United States, the House Intelligence Committee is warning in a report to be issued Monday.