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During economy downturn, most of the working class people fall into financial difficulties. Rising monthly expenditure and stagnant monthly income let you face the worst financial time ever.

While 2007 might have seemed like the year of the iPhone, Apple will probably look back on 2008 as the year it became a cell phone company.

Heh. Apple, who has so veraciously defended the multi-touch technology on the iPhone, is under attack for patent infringement by Taiwanese Elan Microelectronics.

Research from Strategy Research said that Nokia slipped into second place in the USA in the third quarter, leaving Apple with its iPhone as the most profitable handset vendor.