Apple, Starbucks launch Pick of the Week

04/15, 10:05am

Pick of the Week promo

Apple and Starbucks on Tuesday announced a new collaboration, dubbed Pick of the Week. The program offers Starbucks customers free music and music videos, downloadable from the iTunes Store. According to the companies, the content will be available through Pick of the Week download cards, provided at more than 7,000 Starbucks locations in the United States. The cards will be good for 60 days from the date a song is named "Pick of the Week," and allow customers to get a complimentary (though pre-selected) song or music video.

Nokia looks to gain marketshare, stock drops

12/04, 8:50pm

Nokia financial broadcast

Nokia today hosted its annual investor day, and announced that it is raising its operating margin forecasts, while seeking to gain market share in mobile devices. Shares dropped 3.3-percent on the NYSE, as investors deemed Nokia's 16- to 17-percent group operating margin too conservative, leaving the company to finish at $38.92 per share. CEO Olli Pekka Kallasvuo continue on to the mobile division, pointing out the potential operating margin at 20-percent within two years, and 10-percent for its Nokia Siemens Networks joint venture by the end of 2009.