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iTunes New Music Releases

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  • The Dresden Dolls

    • 10 out of 10
    • The Dresden Dolls
    • The energetic duet of Amanda Palmer and Brian Viglione that make up the Dresden Dolls have created a wonderfully haunting sound in their self-titled album. They have been able to construct an imme

  • Playing the Angel

    • 8 out of 10
    • Depeche Mode
    • Oddly enough, Playing The Angel is a return to form for Depeche Mode, even though it may well be argued that they never truly deviated from their roots in their more recent offerings. In the

  • Life's Rich Pageant

    • 8 out of 10
    • R.E.M.
    • In the long series of R.E.M.'s evolution, this album (finally?) showcases their ability to capture on tape what had been happening in the live for years: heartfelt, sweat-filled performances that just
  • An Evening with George Shearing & Mel Torm�

    • 10 out of 10
    • Mel Torm� & George Shearing
    • Of the three men who taught me how to sing, the last was Mel Torme. Apparently, Mel Torme is a joke to anyone more than a decade older than me, a living parody of a Vegas crooner. But I stumbled on th
  • Kind of Blue

    • 10 out of 10
    • Miles Davis
    • The jazz album to end all jazz albums. Miles Davis and John Coltrane and Cannonball Adderly and the list goes on. The who's who of who's who in jazz have assembled for this monumental record. Get this

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Verizon Says iPhone Has Had Minimal Impact

In Verizon’s second quarter earnings report, the company said earnings rose 12 percent. The Apple/AT&T iPhone had a minimal impact on them, according to chief operating officer Denny Strigl.

The report noted that they lost over 11 percent of their landline customers as they steadily moved to wireless and cable-based phones. Verizon also had a drop in its DSL customers as customers moved to FiOS (optic fiber) services which more than offset the loss.

Verizon is another company that appears to be recession proof. Investors had been expecting Verizon to suffer, but the rapid customer moves to wireless and cable phone services offset possible losses.

Mr. Strigl, according to the AP, said the company was "seeing what it believes is a ’minimal short-term impact’ in customer flow due to the iPhone. He also said the effect looks small relative to the size of Verizon Wireless, suggesting that most new iPhone customers who aren’t already on AT&T are coming from other carriers, like Sprint Nextel Corp."

With the recent acquisition of Alltel for US$28.1B, Verizon is now larger than AT&T.

The iPhone 3G, which sold over a million units in its first weekend, was released on July 11, after the close of Verizon’s second quarter. Prior to that, Apple had sold out of iPhone 2Gs in mid-May.

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