Samsung warns of 60 per cent drop in quarterly profits as smartphone sales slide April 5, 2019 Samsung Electronics has warned its first quarter profits are likely to plunge 60 per cent compared to the same period last year. The South Korean tech firm said its profit for the first three months of the year was likely to be between 6.1 trillion and 6.2 trillion won (£4.1bn), down from 13.6 trillion won [...]
Apprenticeship levy unlikely to meet target of 3m starts by 2020, admits minister April 5, 2019 A controversial tax designed to shake up the apprenticeship system will likely fail to meet its original targets, according to the government minister in charge of it. The apprenticeship levy, a tax on business designed to fund 3m apprenticeships by 2020, has caused the number of apprenticeship starts to plummet since its introduction two years [...]
Horse racing betting tips: The cap will fit perfectly for Fry in Stayers Hurdle April 4, 2019 WHILE the majority of the country will only care about the Grand National from a racing perspective, punters will be just as interested in the undercard. The second biggest race of the day is the Ryanair Stayers Hurdle (3.40pm), where Apple’s Jade will try to bounce back from a disappointing performance in last month’s Champion [...]
MateBook 13 review: An great value ultrabook that rivals Apple’s MacBook Air April 3, 2019 Last year’s Huawei Matebook X Pro marked the Chinese firm’s hard-won graduation from “oh, they do laptops too?” to producing a best-in-class device that comfortably squares up to Apple’s MacBook Pro in performance, build quality and minimalist design aesthetic, while roundly beating it on price. If you wanted your Windows 10 cornflakes served in a [...]
DEBATE: Is Apple’s move into finance with the launch of a credit card a good idea for the tech giant? April 2, 2019 Is Apple’s move into finance with the launch of a credit card a good idea for the tech giant? YES, says Andrew Mitchell, vice president at JCB. Despite the steady growth of Apple Pay, it’s relatively early for Apple in the payments sphere. However, this product could be a catalyst, strengthening Apple’s position in financial services [...]
Global music industry revenue grows 10 per cent as streaming booms April 2, 2019 Global music industry revenues grew almost 10 per cent last year as the rise in streaming services offset a decline in physical formats. Revenues grew 9.7 per cent in 2018 to hit $19.1bn (£14.7bn), according to the latest figures from the International Federation of the Phonographic Industry (IFPI). Read more: Music streaming revenues overtake ownership [...]
How did Theranos founder Elizabeth Holmes build her house of cards? April 1, 2019 Elizabeth Holmes is quite possibly one of the most successful salespeople in history. If you’re unfamiliar with this mind-blowing tale, she was the founder of US medical tech company Theranos, which aimed to revolutionise healthcare by replacing traditional blood tests with miraculous machines that could detect all sorts of diseases from just a finger prick’s [...]
Saudi Aramco leapfrogs Apple to claim title as world’s most profitable company April 1, 2019 Ol giant Saudi Aramco was today confirmed as the world’s biggest profit machine, making as much as Apple, ExxonMobil and Google put together last year. The Saudi state oil company showed net income hitting $111.1bn, considerably ahead of second-place Apple on $59.4bn. Aramco revealed the impressive state of its finances for the first time as [...]
DEBATE: Is Apple’s launch of a credit card a good idea for the tech giant? | City A.M. April 1, 2019 Is Apple’s launch of a credit card a good idea for the tech giant? Andrew Mitchell, vice president at JCB, says YES. Despite the steady growth of Apple Pay, it’s relatively early for Apple in the payments sphere. However, this product could be a catalyst, strengthening Apple’s position in financial services as well as reviving [...]
Watch out high street banks – Apple has a credit card and is out to steal your supper March 29, 2019 Every day, new competitors are coming out of the woodwork and vying for a piece of the high street banks’ pie. This has forced the big banks – some kicking and screaming – to evolve, and at a pace that they’ve never before experienced. Change is not a new concept for consumers when it comes [...]