Cell phone News
Softbank reports surge in profit on iPhone demand
Annual profit at Japanese mobile carrier Softbank Corp. surged 65 percent, driven by strong demand for Apple's iPhone 4S.Softbank, which did not break down quarterly numbers, Thursday reported a net profit of 313.8 billion yen ($3.9 billion) for the fiscal year through March, up from 189.7 billion yen the previous year.Annual sales jumped nearly 7 percent to 3.2 trillion yen ($39.5 billion).Tokyo-based
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