Thursday, April 29, 2010

SK Telecom hurt by cuts to keep up with iPhone

<img align='left' src='http://photos.macnn.com/news/1001/motoroi-2.jpg' border='0' width='176' height='120' />South Korean carrier SK Telecom has reported lackluster financial performance for the first quarter of the year, with net profits rising only 1.6 percent from a year earlier, according to a Wall Street Journal report. Despite the modest gain in net profit, operating profit showed a 15 percent decline in the same period....

[ Full story from MacNN | The Macintosh News Network ]

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