Apple pulls into focus amid tech sink with fourth quarter results and new Mac and iPad event October 28, 2018 The world's most valuable listed company will be the centre of attention this week, as Apple gears up to launch several new additions to its Mac and iPad lines as well as publish its fourth quarter earnings. Apple is expected to report revenue in the middle of its predicted range at $61.6bn (£48bn) in its results [...]
Tech firms lead the drop as US stock markets head for worst month in nine years October 27, 2018 The US stock market took another hit on Friday as the S&P 500 was "on the cusp of despair" after it fell by almost 2 per cent. The market was on the edge of correction territory after disappointing forecasts from leading technology groups triggered a wider sell-off as investors continued their retreat from risky assets. The [...]
Market falls: cause for alarm or calm? October 26, 2018 Stock markets globally have been falling since the end of September. Economic worries including a potential trade war between the US and China, currency crises in Turkey and Argentina, debt problems in Italy and rising interest rates have seen stocks globally begin to fall from record highs. As the chart shows, since 31 August emerging [...]
Huawei’s popularity is on the up after launch of P20 range October 25, 2018 Back in November I looked at tech brand Huawei ahead of its planned expansion in Europe. Now YouGov data underlines how Huawei has been doing since then, with particular reference to the launch of its new P20 and P20 Plus range, for which the brand launched a worldwide advertising push. Huawei’s marketing efforts appear to [...]
Apple chief Tim Cook calls for GDPR-style privacy in the US October 24, 2018 Apple chief executive Tim Cook praised EU privacy laws in a rare speech in Brussels today, and demanded that the US follow its lead. Appearing at an international data protection conference, Cook said it was "time for the rest of the world" to get up to speed on data privacy with the EU's General Data Protection [...]
In the smartphone market, where there’s a will, there’s Huawei October 24, 2018 Chinese phonemaker Huawei has made strong inroads into Europe in the last couple of years, which we can see in steadily rising brand awareness and opinion data. The company is firmly established in China but has worked hard to gain a foothold in Europe. YouGov BrandIndex data shows that far more people are familiar with [...]
Ranked: Sports Direct tops poll of UK’s most loathed brands October 23, 2018 House of Fraser owner Sports Direct is the UK’s most loathed brand, according to consumer finance website Money Saving Expert. However, billionaire Mike Ashley's bottom-placed retail giant may have been hurt by a social media campaign against the company, admitted the website, which asked 7,600 readers to rank 52 household name brands. Read more: Mike [...]
iPhone maker Apple named the UK’s top employer October 22, 2018 US tech giant Apple has been named the UK’s best employer by recruitment website, Indeed. The rankings assessed factors including career progression, flexible working opportunities and salary across millions of reviews. Read more: Apple finds a coffee cup that will track your caffeine intake Apple was commended by its employees for its good pay, positive [...]
Technology is set to be this week’s hottest ticket on Wall Street as its biggest leaders go head-to-head October 21, 2018 This Thursday is set to be a battle of the technology heavyweights, as behemoths Amazon, Alphabet, Snap and Twitter all report their quarterly results. Both Amazon and Alphabet, the parent company of Google, trounced consensus estimates last quarter, with Amazon truly shaking up the game on Wall Street with earnings per share rising over 1,157 per cent [...]
ABB chairman breaks away from Saudi mega-city project amid Khashoggi case October 21, 2018 Former Shell chief executive and chairman of Swiss engineering firm ABB Peter Voser is the latest high-profile figure to distance himself from the advisory board of Saudi Arabia's $500bn £382.5bn) mega-city project Neom. The move follows the exit of a string of global business and political leaders from an upcoming investment conference in Riyadh. International ties to the region have been breaking [...]