Type of Article: MacNews Web Site

Verizon CEO hopes for an iPhone on the company’s upcoming 4G network

He said nothing about an iPhone for the company’s current network, but said he hopes Apple will come around and allow Verizon to sell the phone for a new network it is building, reports the “Associated Press” (http://news.yahoo.com/s/ap/20100923/ap_on_hi_te/us_tec_verizon_iphone?). The “4G” network hasn’t yet opened for service and won’t be complete next year.

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UAE’s Etisalat announces iPhone 4 price plans

Etisalat, the leading telecom service provider in the UAE [(United Arab Emigrates-, has announced the price packages for the iPhone 4.

According to “Trade Arabia” (http://www.tradearabia.com/news/newsdetails.asp?Sn=IT&artid=186234), Eisalat’s 3G mobile broadband network covers 99% of UAE’s populated area and provides customers with speeds of up to 21 Mbps. Customers can subscribe to the iPhone 4 with several voice and data plan options on a one-year contractual basis.

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Apple CEO is 42nd richest American

According to the annual list of the 400 richest Americans, Apple CEO Steve Jobs is 42nd on the list with a net worth of US$6.1 billion. Last year he had a net worth of $5.1 billion.


The CEO only draws one buck a year in salary, but makes a bundle of cash from Apple stock options. Globally, Jobs ranks 136 on the list of billionaires, according to “Forbes.”

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Analyst: Apple will sell 21 million iPads in 2011

In a note today to clients, Piper Jaffray analyst Gene Munster raised his iPad sales estimates for 2011 from 14.5 million to 21 million units. Among other things, he thinks that Apple will begin selling the tablet device in Target stores, along with over 1,000 Best Busy, in time for the holiday season.

Jaffray also thinks the international roll-out of the iPad will pump up sales. The tablet is now offered in more than 20 countries. Finally, the analyst thinks iPad sales will be helped by Apple’s increasing presence in the enterprise market.

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