there is no big overall operations expected in this big 63 pager as some had wanted. it is really salivating to investors because goldman is very much like the fort knox of big banks. we will be looking ahead to whatever secret sauce we can get. we ll take it today. what about the iphone? obviously, mike barnicle and i very excited our iphones will be more than just paper weights, we can actually look at the pretty pictures and use an iphone as a call. to complete a call. one of the worst kept secrets in the business verizon is getting the iphone and will run on its 3g network. there is some talk it could be more than a paper weight and get on the big daddy of them all, the 3g high speed network. when do we think they will be in stores? probably the end of the month. analysts are expecting 9-12 million sold this year. it should be the same price as at&t.
internet is largely private, it is not a public institution. the fcc is trying to create some rules but also preserve competition. i m on the cutting edge. i just got an ipad for christmas. i was one of the first people on twitter thanks to adam, my producer, but how is it going to affect me at all? the ipad is a great example. if you re on your home network with wi-fi, the rules will affect you less. if you re on your 3g network with verizon or at&t, possibly you ll have restrictions. but these are basically rules of the road for the web going forward. they re very loose and will probably be subject to litigation going forward. i know you ve also been writing about oprah s own network and the premier of that going forward. can t wait to read it. up next, let it snow, let it snow, let it snow. maybe not. we aren t getting much of an option on that. a white christmas is now making for a very gray monday today.
chris: verizon launched the new 4g data network and says it will four-times faster than the 3g network and allow the users to download 20 photos in 60 seconds and two-hour movie in five minutes. the network will launch in 38 u.s. 60 cities. retailers have good news to talk about when it comes to sales. brend brepd has numbers. you gave the retailers a present last month. cash registers ripping more than expected. november retail sales up 6% from the year before. one of the best increase in three years. and amber come bro and fitch up 22%.
an oil exploration in the arctic will proceed with caution. saying these are the lessons learned from the bp oil spill. three days and counting, verizon wireless getting ready for the big launch of its new 4-g network that s going to happen sunday. the company claims it will be ten times faster than the 3g network. it will be viewed in more than 40 nations and 60 airports. customers will feel like a 40-hour flight to tokyo just reduced to 20 minutes. and groupon, revenues from 2010 are expected to top $300 billion. that would be a record. reports are sick lating that google may be offering as much as $6 billion to buy the company. let s talk about your paycheck and how much of it will be going to uncle sam in 2011.