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Mark Moskowitz with Barclays asks about the R&D pace of growth, how much of that is dedicated to existing products and service vs. what's next. $AAPL said the company continues to invest significantly in R&D. The growth rates YoverY are still large and the company is doing a lot of stuff beyond the current products.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.