Tag - Radio Shack
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Following a 10th-straight quarterly loss, electronics retailer Radio Shack noted that it may need to file for bankruptcy protections. The company, with its stock in danger of New York Stock Exchange delisting, is also reportedly evaluating other options for the future, including an outright sale, or a call for investors to boost cash stocks to survive until the generally lucrative holiday season.
Radio Shack is now offering "refreshed" and "remanufactured" iPhone 4 and 4S models at a steep discount. Customers can get the two Apple smartphones when signing up for an AT&T or Verizon contract. With a two-year contract, the iPhone 4 is available for free, and the iPhone 4S is available for $100.
Verizon Wireless has added new tiers to its phone and data prepaid offerings starting on May 1. A new $80 smartphone plan includes unlimited talk and text messaging while allotting 1GB of data use per month. At the same time, the carrier will ship the Jetpack 4G LTE Mobile Hotspot MiFi 4510L with prepaid mobile packages.
A newly-leaked internal memo shared by Engadget has revealed that the LTE-enabled LG Viper 4G will arrive in Sprint stores on April 22. The $100 handset will also be available on the store shelves of Best Buy and Radio Shack as well on the same time. The eco-friendly handset will not be capable of accessing Sprint's 4G network just yet, however, as its launch hasn't been detailed yet.
An upgraded Apple TV media hub might come sooner than thought after signs emerged that multiple stores ran low on stock. Amazon, Best Buy, Buy.com, Radio Shack, and Target all show the device either as out of stock or taking weeks to ship. Apple and others do have supply, but it follows a pattern of third-party resellers usually running out first.
Motorola has started up a return program after a minor but still significant privacy gaffe during a Woot auction. About 100 of 6,200 refurbished Xoom Wi-Fi tablets sold during auctions between October and December are believed to have still had some private data stored inside. These could have included anything from account logins through to personal files, Motorola said.
Radio Shack sent late news Saturday of a one-day only sale on the iPhone 4S. All AT&T versions of Apple's phone are $50 off when bought on a contract. The deal is only in store by necessity and can stack on top of any trade-in values from older iPhones.
Radio Shack started discounting the iPhone unusually early this weekend with a new, if short, promo campaign. Anyone who buys an AT&T-bound iPhone 4 or 4S from Sunday through December 17 will get a $30 immediate discount, lowering the contract price to as little as $70 for an 8GB iPhone 4 or $170 for an iPhone 4S. With trade-ins, the difference is just enough to make the iPhone 4 or 16GB iPhone 4S free and actually carry store credit left over, depending on the trade-in.
Largely unknown company Garnet Digital hoped to profit from the work of the US cellphone field with a lawsuit quietly filed late last week. It accuses those who make the OS, device makers who sell in the US, and most major US carriers and distributors of violating one patent for a generic "Interactive Terminal For The Access Of Remote Database Information." Among those named are Apple, Google, and RIM, pure hardware makers like HTC, LG, and Samsung, stores like Radio Shack, as well as carriers such as AT&T, Sprint, T-Mobile, and Verizon.