Facebook News and Apple iPhone News

A couple points of interest.

First, Facebook is in the news for the biggest spend in the history of the known universe.  Or something like that.  $19 Billion with a 'B" for a little company with several hundred million users.

http://online.wsj.com/news/articles/SB10001424052702304914204579393452029288302

Here is a snippet from that article:

Facebook Inc. agreed to buy messaging company WhatsApp for $19 billion in cash and stock, a blockbuster transaction that dwarfs the already sky-high prices that other startups have been able to recently command.

Next up is news on the kind of person who is buying an iPhone.

http://appadvice.com/appnn/2014/02/higher-income-earners-are-more-likely-to-select-an-iphone

Here is a snippet from that article:

Of the 121 million smartphones sold in the U.S. in 2013, 45 percent were iPhones. This was an increase of 1 percent from 2012, according to AppleInsider.

The NPD Group survey of the top U.S. smartphone brands shows that Samsung took 26 percent of the market in 2013. They were followed by LG (8 percent), HTC (6 percent), and Motorola (4 percent).

Happy reading,

J.W. Gant