FYI: Business
BY Staff and Wire Reports
Thursday, February 14, 2013
2/14/13 at 2:41 AM
Cunningham Fine Jewelry shutting down Monday
Cunningham Fine Jewelry will close permanently on Monday, owners announced Wednesday.
The Tulsa shop, owned by Vicki and Howard Cunningham, has been selling jewelry in Tulsa for more than 25 years. It has operated since 1997 in the Southroads Shopping Center at 41st Street and Yale Avenue.
The Cunninghams announced in November that they would close the shop and sell all of their merchandise. Howard Cunningham retired from the shop in 2010 but still performed part-time special work for customers.
Vicki Cunningham said she may continue in the jewelry business for private buyers.
Cellphone sales fell in 2012, firm says
Research firm Gartner says worldwide cellphone sales fell last year, as economic turmoil dampened shopper appetites.
The decline was 1.7 percent, and it was the first time since 2009 that cellphone sales have fallen, Gartner said. Sales amounted to 1.75 billion units, meaning that one out of every four people on the planet bought a new phone last year.
A competing research firm, IDC, last month said sales grew at 1.2 percent last year.
The firms agree that smartphone sales grew quickly, while non-smartphone sales declined by a roughly equal number.
Samsung Electronics of South Korea is the world's largest maker of phones, followed by Finland's Nokia Corp. and Apple Inc. of the U.S., according to both research firms.
Price of MacBook Pro laptops cut by Apple
Apple says it has lowered the price of its 13-inch MacBook Pro laptops by $200 and updated its processors. It also launched new models with faster processors and more memory.
Apple Inc. said Wednesday that the MacBook Pro with "Retina" display and 128 gigabytes of flash memory will now cost $1,499, down from $1,699. A new model with 256 gigabytes of flash will cost $1,699.
The 15-inch model has a faster processor and the same price.
Apple unveiled the new MacBook Pro models last fall. It has flash memory instead of the traditional hard drive, which makes it thinner and lighter.
Apple reported a surprising 22 percent decline in Mac sales in the fourth quarter.