Tech Five: Apple smartphone market share gets bump
The launch of the iPhone 6 and 6 Plus have provided Apple a solid bump in market share. Let's take a look at the technology stocks to watch Thursday:
Apple. The arrival of iPhone 6 helped boost the company's smartphone operating system market share in the U.S., says research firm Kantar Worldpanel. Android remains out in front with more than half of total market share, based on operating system. Kantar also says the iPhone 6 outsold the 6 Plus by a 3-to-1 ratio in the U.S.
Google. The tech giant is revamping some of its biggest products to appeal to kids 12 and under. The first products Google will likely focus on are search, the Chrome web browser and video service YouTube.
Best Buy. The electronics giant will sell its business in China to focus on North America, reports Reuters. The deal will involve 184 stores in China.
Verizon. Get ready to say goodbye to 3G. GigaOM reports Verizon is killing off 3G networks to make room for its faster LTE network. The report says more than 80% of Verizon's mobile data traffic flows through LTE.
Sprint. Remember the company's new plan they claim will cut bills in half for customers who leave AT&T and Verizon? Sprint says the average customer can expect to save about 20%, reports Re/code.
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