Textfree was launched in May of last year as an application that will let users send free text messages to any mobile number in the US as well as receive free replies. The iPhone app comes in two versions: Lite and Unlimited(paid). Users of the free Lite version will be able to send a maximum of 15 text messages per day while paid users may avail ad-free unlimited texting for a price of $5.99 per year.
While the level of profitability is still unknown, (more…)

Apple ’s fourth-quarter profits rose more than 46 percent to 1.67 billion, or $1.82 per diluted share on revenues of $9.87 billion as compared to net quarterly profit of $1.14 billion, or $1.26 per diluted share on revenues of $7.9 billion, in the year-ago quarter.
For the full year, Apple ’s revenues grew by 12 percent and net income grew by 18 percent.
Apple sold 3.05 million Macs during the quarter. It was a 17 percent unit increase over (more…)