New IPhone App lets users create and mail greeting cards

Apple’s app sends shares of card makers tumbling

NEW YORK (AP) — Apple, which revealed a new app Tuesday that lets users to create and mail greeting cards with their iPhones, might want to consider crafting its own condolence card for traditional greeting card companies.

A brief mention the $2.99 app that lets people design and send greeting through the postal service immediately sent the stocks of greeting card companies tumbling as much as 10 percent.

Scott Forstall, Apple’s senior vice president for iOS mobile software, released details of the app during an event at the company’s Cupertino, Calif. headquarters as it also unveiled the latest version of the iPhone.

The announcement of the new technology, perhaps the perfect app for procrastinators, sent shares of American Greetings Corp., based in Cleveland, down 8 percent to $16.40. Shares of International Greetings PLC fell 8 percent on the London Stock Exchange where it’s traded.

source: Associated Press

One thought on “New IPhone App lets users create and mail greeting cards

  1. How is the post office going to make and send greeting cards ? They can’t even get a hold or change of address over the internet without screwing it up . They never notifiy the carrier or they say they never got it . Who is going to do the job ? The worthless call center in colorado or the one they are starting in bumb fuck india ? Get ride of 120,000 employees . Ain’t life grand .

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