If you can’t beat them, copy them. Sprint (S) will begin to offer a touch-screen phone that looks great deal like the Apple (AAPL) iPhone. It should be available for the holiday sales season.
According to Reuters "like iPhone, HTC’s Touch — set to go on sale on November 4 — lets users surf the Web or navigate their photo albums by moving their fingers across a touch-sensitive screen. But at $249.99, Touch has a lower price tag than iPhone’s $399." (Taiwan’s High Tech Computer Corp makes the handset.)
The new product has one modest advantage over the iPhone. It runs on Sprint’s high-speed 3G network while the Apple product uses the AT&T (T) 2.5G network. The Touch also runs Microsoft (MSFT) mobile software and supports corporate e-mail, but it is hard to tell whether those features will draw customers.
The new handset does have two big drawbacks. First, it is not made by Apple, and, therefore, lacks cool branding and curb appeal. The other is that it is being offered by Sprint, which has the rare distinction of being hated by most of its wireless customers.
Game. Set, Match.
Douglas A. McIntyre
Are You Still Paying With a Debit Card?
The average American spends $17,274 on debit cards a year, and it’s a HUGE mistake. First, debit cards don’t have the same fraud protections as credit cards. Once your money is gone, it’s gone. But more importantly you can actually get something back from this spending every time you swipe.
Issuers are handing out wild bonuses right now. With some you can earn up to 5% back on every purchase. That’s like getting a 5% discount on everything you buy!
Our top pick is kind of hard to imagine. Not only does it pay up to 5% back, it also includes a $200 cash back reward in the first six months, a 0% intro APR, and…. $0 annual fee. It’s quite literally free money for any one that uses a card regularly. Click here to learn more!
Flywheel Publishing has partnered with CardRatings to provide coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.