Zacks Analyst Blog Highlights: SK Telecom, Apple, KT Corp, The Macerich Company and J.C.Penney Company

Starting March 16, South Korean wireless kingpin SK Telecom SKM will offer Apple Inc.'s AAPL iPhone 4. This will mark an end to the exclusivity enjoyed by its major rival, KT Corp. KT since late 2009.

This move will allow SK Telecom to make up for lost revenues and profits as the anticipated strong adoption of smartphones will boost its growth in the wireless market. Smartphones are gaining popularity by the day, in turn driving demand for wireless data.