The Wizard of OS: Ian McKellen has made a Shakespeare app to bring the bard to a new generation April 29, 2016 "You can imagine what it’s like to kill someone. You have to, otherwise you wouldn’t be convincing as Macbeth," says knight of the realm and thesp extraordinaire Sir Ian McKellen matter-of-factly. He may have been performing The Bard’s work for the best part of 60 years, but this hasn’t dulled either his affection or his appetite. [...]
Want to work in the tech sector? These are the UK’s highest-paying tech firms April 29, 2016 Thinking of going into finance? The tech sector just might pay better, if new research is anything to go by. It turns out that not only do tech giants such as Apple, Amazon and Google offer great benefits – free lunches, flexible holiday allowances, egg freezing – but the salaries they pay rival anything a bank can throw [...]
US shares finish lower as economy looks less solid after weak GDP figures April 29, 2016 Suddenly, things might not be looking so rosy for the US economy. Markets fell last night after GDP growth for the first quarter came in at a miserly 0.5 per cent – down from 1.4 per cent in the final three months of 2015, and well off expectations. Some poor earnings figures from its tech giants [...]
Apple: Billionaire investor Carl Icahn has sold Apple stake on China fears April 28, 2016 Billionaire investor Carl Icahn has sold his stake in Apple, and it's China's fault. Icahn said that while Apple is a "great company" and chief executive Tim Cook is doing "a great job", he had sold his position in Apple. Speaking to CNBC he said that China's attitude towards Apple and the Chinese economic slowdown led him to sell [...]
Samsung had the smartphone bump Apple was missing thanks to the Galaxy S7 April 28, 2016 Samsung and Apple have just demonstrated exactly how important the cycle of mobile phone production now is to their bottom line. Without the hype of a new device for Apple (the iPhone SE doesn't count), the tech giant experienced its first slowdown in more than a decade. Over at Samsung, it's a different story. Sales in the first quarter surged [...]
Low oil prices pushes Saudi Arabia into economic reform – Prince Salman declares an end to reliance on oil and outlines Vision 2030 plan to diversify the economy April 27, 2016 Saudi Arabia is to kick its “dangerous addiction” to oil as the country's cabinet agreed on plans to diversify the economy away from the black stuff. The country is hooked on fossil fuels but “by 2020 we'll be able to live without oil,” said deputy crown prince Mohammed bin Salman, author behind new economic plan, Saudi [...]
Apple has fallen: Share price drops on slowdown wiping $46bn from market cap as Goldman Sachs removes from “conviction” list April 27, 2016 Shares in Apple fell more than eight per cent as markets opened in New York after the company reporting a fall in both revenue and iPhone sales. Around $46bn (£31.6bn) was wiped from its value as a result of worse than expected results. The fall in revenue to $50bn – around $2bn short of estimates – for the second quarter [...]
What you need to know about Apple (other than that revenue drop) April 27, 2016 Oooof. We knew it would be bad, but not quite this bad. Apple's revenue miss was worse than expected, coming in at around £2bn less than the average analyst estimates while the predicted iPhone sales slowdown indeed came to pass. But beyond those big numbers (first revenue drop since 2003, first iPhone dip since its 2007 [...]
Imagination Technologies share price hit by Apple slowdown, but suppliers ARM and Laird less exposed April 27, 2016 British chip maker Imagination Technologies is feeling the crunch of the Apple slowdown. Shares tumbled more than five per cent as markets opened, after Apple reported a slowdown in revenue and iPhone sales that was worse than analysts had expected. Imagination's exposure to Apple is around 50 per cent, according to analysts at Liberum. Fellow UK [...]
Apple’s share price falls more than seven per cent in after hours trading after disappointing results April 26, 2016 Apple posted a sharp fall in revenue, pushing its share price down by more than seven per cent in after hours trading. Revenue was reported at $50.6bn (£34.7bn), below the expected $52bn, and 13 per cent down on the $58bn reported in the same quarter a year ago. Earnings per share for the second quarter were [...]