The latest iPhone is already sold out in most stores, only about a year after the iPhone 4 came out. UBM TechInsights estimated the iPhone 4 to cost Apple about $203 to manufacture. UBM TechInsights took a look at the iPhone 5 and discovered that it's actually costing Apple a lot less to manufacture than its predecessor, despite having some more expensive components.
In the ongoing debate about globalization, what's been missing is the voices of workers -- the millions of people who migrate to factories in China and other emerging countries to make goods sold all over the world. Writer/reporter Leslie T. Chang explores the lives of workers in China.
A new era of autonomous driving may be drawing nearer following successful trials of the Safe Road Trains for the Environment (SARTRE) project, sponsored by the European Union. Participating companies have just completed a demonstration drive in Sweden, operating a platoon of three autonomously-driven cars at speeds of up to 56 miles per hour.
Elon Musk is being hailed as the next John Rockerfeller because of his ideas and the companies he runs to make those ideas realities. He sat down with Charlie Rose of CBS to talk about the future of space travel and the electric car industry.
How do you differentiate your new smartphone with the coming onslaught of the new iPhone 5? Motorola says that its new RAZRi smartphone is powered by an Intel chip and boasts impressive specs. However, is Motorola's latest offering enough to top iPhone 5 sales? It doesn't look like that's going to be the case.
This 1999 Mercedes Benz CLK GTR looks like a racecar, but it's also legal to drive on the street - just barely. Under the skin is a 700 horsepower V12 engine. The first one of the only 25 ever made, take a look at the car that recently sold at auction for over $1 million.
Nissan chief executive officer Carlos Ghosn sits down with CNN Money and shares his thoughts on China's growing GDP and the current state of the United States and European markets. He has a rather unique and interesting perspective on those subjects.
Take a look at the Audi R8 V10 - an exotic type car that's easier to live with, easier to drive, and just a little bit more affordable, says Peter Valdes-Dapena, senior writer for CNN Money. The $162,000 Audi R8 V10 Spyder has plenty of horsepower in a package that turns heads.
If you're looking for a musical soul mate who understands your unique taste in tunes and rocks to your rhythms, you might soon be in luck. Scientists at Georgia Tech are about to commercialize Shimi, their dancing robot, an android designed to put glide in your stride.
MIT researchers are refining robotic fish technology, which may be useful for detecting chemical and oil contamination in our waters. These robotic fish almost look, and feel, like real fish - but they compute data while swimming in places that would be dangerous for an actual fish.
Decades of research, development, and considerable investment have made bionic technology a reality. One example is Ekso Bionics, a company that sells a $130,000 exoskeleton that they say helps paraplegics walk again. From a project that started around $25 million in military related grants, Ekso Bionics has now moved out of the lab and into the mainstream, setting up shop in Europe.
Alan Mulally, CEO of Ford Motor Company, talks to Charlie Rose and Norah O'Donnell about the health of the automaker and the industry as a whole. He also denies any imminent succession plans, and discusses the effect of Europe on the global economy and the future of the F-150.
If you thought Apple shares couldn't go any higher, think again. Apple shares are up one percent and hit another record as iPhone 5 preorders topped 2 million in 24 hours, more than double the amount of the iPhone 4S preorders. Technology leader Apple says that demand for its latest gadget is exceeding supply and most of the pre orders will be delivered September 21, but some will be sent in October.
A car worth as much as $275,000 is at auction, covered in dirt. Fresh out of the owner's garage, the 1956 Lancie Aurelia was brought to auction exactly as is so that collectors can start at the true beginning of the car restoration process. Garth Hammer, specialist with Gooding & Co., says that this dirt-covered car is a perfect candidate for preservation.
Environmental groups say they are encouraged by ambitious plans recently announced by Airbus to fly aircraft in flock formation by the middle of this century. The company's Smarter Skies concepts also include steeper take-offs to reduce journey times and gentler, glide-in landings.
Ferrari's link with Formula 1 is undeniable, but there's a whole lot more to it than just the quest for titles and trophies. There's the genuine love of cars, and that's no where more obvious than on the factory floor. Amanda Davies finds out how Ferrari transfers their F1 technology and know-how into their road cars.
How can we fit more people into cities without overcrowding? Kent Larson shows off folding cars, quick-change apartments, and other innovations that could make the overcrowded cities of the future work a lot like small villages from the past.
Got dust or fumes in your workplace? Hold on because you're about to take a virtual ride and fly through a Gold Series industrial dust collector from Camfil Farr APC. See how it works and how a dust collector can help you clean up your factory by watching this dust collector video.
It's human nature to invent, says Ben Kaufman—CEO of Quirky—and what' stopping people from inventing is the difficulty in executing all of those great ideas. CNN's The Next List follows startup Quirky, a company that takes budding entrepreneurs' ideas and turns them into products.
Ford has been loading its vehicles up with a lot of technology these days. The new SUV has BlueTooth capabilities, can open the tailgate for you with no hands, and can actually park itself. Say goodbye to parallel parking anxiety and watch the new Ford Escape squeeze into a space all by itself.
The Labor Department said Friday that employers added just 96,000 jobs in August, down from 141,000 in July and too few to keep up with population growth. The unemployment rate fell to 8.1 percent from 8.3 percent, but only because many people gave up looking for work. Anderson Cooper puts the new employment report into context, explains the numbers, and exposes the political spin.
More bad news for any company that has strong ties to the world of PCs: Intel, the leading chip is lowering expectations. The semiconductor firm cut its outlook, a bad sign for Intel and all companies with ties to the struggling PC market.
The ailing mobile giant needs to convince consumers that its new smartphones are the best if they want to reverse their market share losses. Nokia was a smartphone market leader prior to the advent of Apple's iPhone. Can the company return to prominence?
The jobs market goes from bad to worse and everyone is in a tizzy over it, starting with Wall Street. Worse than anyone expected, nonfarm payrolls increased only 96,000 last month, which might be all the Fed needs to launch another round of quantitative easing.
Reuters took some of America's biggest concerns about the recovery to top economists meeting in Jackson Hole, Wyoming. Issues such as the debt ceiling, unemployment, and the wage gap, among others are discussed. Find out how they answered.