Must Read Rumors

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Canada has issued a guideline for the Duke and Duchess’ visit in the country.

Kate Middleton, Prince William and children arrive in Canada for royal tour

The Duke and Duchess of Cambridge, née Kate Middleton, and their two adorable children, George and Charlotte, landed in Canada this Saturday, September 24.

Kate Middleton and Prince William’s Canada tour itinerary revealed

The Duke and Duchess of Cambridge, née Kate Middleton, and their two children have started their official Canadian tour today.

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Kate Middleton and Prince William’s Canada tour: Canada sets etiquette rules for meeting the royals
Kate Middleton, Prince William and children arrive in Canada for royal tour
Kate Middleton and Prince William’s Canada tour itinerary revealed
Kate Middleton voted UK’s most influential fashion icon
Pippa Middleton talks fiancé, new cook food, being labeled a ‘party girl’

iPhone 5 Walmart ads bring Best Buy $65,000 profit loss

by Nicole
January 5, 2013 at 8:53 am

Various retailers such as Best Buy and Toys “R” Us have complained to attorneys general in several states about Walmart’s advertising campaign for the iPhone 5 and other devices.

Credit: Apple

According to The Wall Street Journal, the retail giant had proposed a$ 127 price for the iPhone 5 on a two-year subscription just before Christmas, while the smartphone was offered at $ 150 by other brands.

Best Buy complains about having lost $ 65,000 in profit the day Walmart announced the ad on Facebook, since they had to sell the iPhone 5 at the same price as the competition.

Best Buy also accuses Walmart of not having a sufficient number of iPhones available.

Walmart claims the contrary: that it provided an availability rate of 98% in its stores offering the iPhone 5.

The retailer also announced that they worked with Apple on this promotion, securing a sufficient number of smartphones.

If Best Buy has calculated a difference of $ 23 on the price of an iPhone for $ 150 (the price of the latter varies between 150 and $ 200), then the brand would have lost the sale of about 2,800 units on the day the Walmart ad was announced.

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