Sprint Nextel CEO asks shareholders' patience in turnaround (AP)

AP - Dan Hesse, chief executive officer at Sprint Nextel Corp. for less than five months, faced tough questions Tuesday about the company's continued trouble keeping wireless subscribers.

Apple Crushes Q2, But Investors Balk At Mild Q3 Outlook (Investor's Business Daily)

Investor's Business Daily - Apple smashed through Wall Street's second-quarter forecasts Wednesday, thanks to piping-hot sales of Macintosh computers.

iPhone market share at 19 percent in 1Q, IDC says

Apple Inc.'s iPhone, a new model of which is widely expected this summer, took 19.2 percent of the U.S. market for "smart" phones in the first quarter of 2008, according to research firm IDC's vendor survey.

iPhone market share at 19 percent in 1Q, IDC says (AP)

AP - Apple Inc.'s iPhone, a new model of which is widely expected this summer, took 19.2 percent of the U.S. market for "smart" phones in the first quarter of 2008, according to research firm IDC's vendor survey.

Stocks: The Great Rebate Race (BusinessWeek Online)

BusinessWeek Online - The U.S. government is so eager to jump-start the economy with its stimulus package that the Treasury Dept. is even mailing rebate checks to the recently deceased. George Paquin, a financial planner in Chelmsford, Mass., is certain that one former client, who died last year, would have deposited the check in his bank account. But his daughter and executor will probably spend it on furnishings for her new home. Dead or alive, a customer with a rebate check would be a welcome sight at many retailers. ...

Apple posts Q2 results, beats revenue estimates by half a billion (UPDATE: CONF CALL LIVE COVERAGE)

Apple has released its fiscal Q2 financial results after the markets' close today. The company posted revenue of $7.5 and profits of $1.05 billion, beating analyst estimates by far. SEE CONF CALL COVERAGE AT THE BOTTOM read more