Advertisement
Canada markets close in 1 hour 44 minutes

  • S&P/TSX

    21,788.98
    +80.54 (+0.37%)
     

  • S&P 500

    4,976.58
    -34.54 (-0.69%)
     

  • DOW

    37,959.94
    +184.56 (+0.49%)
     

  • CAD/USD

    0.7275
    +0.0011 (+0.16%)
     

  • CRUDE OIL

    83.16
    +0.43 (+0.52%)
     

  • Bitcoin CAD

    88,567.50
    +2,703.52 (+3.15%)
     

  • CMC Crypto 200

    1,388.52
    +75.90 (+5.78%)
     

  • GOLD FUTURES

    2,409.00
    +11.00 (+0.46%)
     

  • RUSSELL 2000

    1,944.23
    +1.27 (+0.07%)
     

  • 10-Yr Bond

    4.6270
    -0.0200 (-0.43%)
     

  • NASDAQ

    15,338.19
    -263.31 (-1.69%)
     

  • VOLATILITY

    18.64
    +0.64 (+3.56%)
     

  • FTSE

    7,895.85
    +18.80 (+0.24%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

  • CAD/EUR

    0.6825
    +0.0004 (+0.06%)
     
MARKETS LIVE BLOG:

S&P 500 SLIPS BELOW 5,000; NASDAQ SINKS ON NETFLIX DRAG

Fed's Goolsbee says 'It makes sense to wait' before cutting rates

Google CEO vows to fix Nexus 4 supply shortages

Dan Graziano
Nexus 4 Supply
Nexus 4 Supply

Google’s (GOOG) flagship Nexus 4 smartphone has remained out of stock since it first launched. Executives from LG, the smartphone’s manufacturer, and Google have pointed fingers at one another and claimed the demand caught them off guard. With a carrier-unlocked price starting at $299, however, what did they expect? During the company’s earnings call on Tuesday, Google CEO Larry Page addressed the smartphone’s supply woes, Phandroid reported. While he didn’t get into specifics, Page said it is a priority to fix the Nexus 4′s supply constraints. It is unclear just how much Google can actually do to help LG (006570) and Samsung (005930), the manufacturer of the Nexus 10 tablet, to manufacturer more devices, though.

[More from BGR: Apple reports Q1 results: $13.1 billion profit beats estimates, iPhone sales and Q2 guidance miss big]


This article was originally published on BGR.com