Yahoo!'s (YHOO) Mayer Offers New Nokia, Apple Devices to Employees; Cuts Out RIM (RIMM)
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Another day, another misleading, click-inducing headline from Business Insider.
Headline: "Marissa Mayer Just Gave Every Yahoo Employee An iPhone 5"
Actual story: Mayer gave a list of smartphone choices to Yahoo! (Nasdaq: YHOO) employees which not only includes Apple's (Nasdaq: AAPL) iPhone 5, but has Samsung's Galaxy S3, HTC One X, HTC EVO 4G LTE, and Nokia's (NYSE: NOK) Lumia 920.
The real headline should've included Nokia, which has been pounded recently on low expectations for Windows Phone 8 sales.
Oh, Yahoo! is also discontinuing IT support for Research In Motion (Nasdaq: RIMM) BlackBerry phones.
According to BI, Mayer's letter states (in part):
"We have a very exciting update to share with you today - we are announcing Yahoo! Smart Phones, Smart Fun! As of today, Yahoo is moving off of blackberries as our corporate phones and on to smartphones in 22 countries. A few weeks ago, we said that we would look into smartphone penetration rates globally and take those rates into account when deciding on corporate phones. Ideally, we'd like our employees to have devices similar to our users, so we can think and work as the majority of our users do.
Moving forward, we'll offer you a choice of devices as well as provide monthly plans for the data and phone."
Nokia and Apple are higher Monday morning, while RIM is relatively flat.
Headline: "Marissa Mayer Just Gave Every Yahoo Employee An iPhone 5"
Actual story: Mayer gave a list of smartphone choices to Yahoo! (Nasdaq: YHOO) employees which not only includes Apple's (Nasdaq: AAPL) iPhone 5, but has Samsung's Galaxy S3, HTC One X, HTC EVO 4G LTE, and Nokia's (NYSE: NOK) Lumia 920.
The real headline should've included Nokia, which has been pounded recently on low expectations for Windows Phone 8 sales.
Oh, Yahoo! is also discontinuing IT support for Research In Motion (Nasdaq: RIMM) BlackBerry phones.
According to BI, Mayer's letter states (in part):
"We have a very exciting update to share with you today - we are announcing Yahoo! Smart Phones, Smart Fun! As of today, Yahoo is moving off of blackberries as our corporate phones and on to smartphones in 22 countries. A few weeks ago, we said that we would look into smartphone penetration rates globally and take those rates into account when deciding on corporate phones. Ideally, we'd like our employees to have devices similar to our users, so we can think and work as the majority of our users do.
Moving forward, we'll offer you a choice of devices as well as provide monthly plans for the data and phone."
Nokia and Apple are higher Monday morning, while RIM is relatively flat.
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