Apple recalls plug adaptors over electrification fears January 29, 2016 Apple has issued a major recall of wall plug adapters used around the world, with the tech firm warning they could cause an electric shock. Plug adapters in Europe, Argentina, Australia, Brazil, New Zealand and South Korea, which were shipped with Mac and "certain" iOS devices between 2003 and 2015, have been recalled. "In very rare [...]
This is how much money Google, Apple, Facebook, Amazon and Twitter make every second January 28, 2016 Earnings season is upon us, and it's been a mixed bag: Facebook announced its revenues increased 51.7 per cent in the three months to the end of December, while Apple said its sales growth had slowed for the first time in a decade. It can be hard to keep track of it all, cutting through the hype [...]
These were the biggest selling smartphone brands of 2015: How Apple and Samsung’s growth was overtaken by Huawei, Lenovo and Xiaomi January 28, 2016 Three smartphone brands grew at a faster pace than Apple and Samsung last year as sales across the world hit a record 1.4bn. Chinese smartphone makers Huawei, Lenovo and Xiaomi grew more than the world's two biggest smartphone brands as shipments increased by 10 per cent across the board. The rise of device makers in China signals increasing [...]
Peak Apple? Share price plunges 5 per cent on iPhone sales slowdown January 27, 2016 Apple shares have nosedived in early trading following the revelation yesterday that the iconic iPhone would see its first ever decline in sales in the coming quarter. Apple shares plunged 4.97 per cent in the first half hour of US trading, falling to $95.02 as fears of a slowdown for the tech giant have investors [...]
Apple shares are falling in pre-market trading with “peak Apple” fears after rcord revenue but iPhone sales slowdown January 27, 2016 Apple shares are down more than four per cent before US markets open after reporting record revenue (again), but a slowdown in smartphone sales. Fears of a slowdown in the tech titan's business have sparked concern among investors. “With the Street widely expecting a softer March guide, we would characterise a 50 million-plus iPhone unit bogey as ‘better [...]
Payment data is dangerously exposed as mobile payments soar January 27, 2016 With mobile payments on the rise, a new reports warns that critical security flaws are exposing financial data to attacks. More than half of companies admit that their payment data has been exposed to a security or data breach, showed the survey from Ponemon Institute and Gemalto, with attacks occurring on average twice a year. [...]
UK chip designer Arm hit by Apple results as share price slides January 27, 2016 Everyone's favourite Brit chip designer, Arm Holdings, has been hit by disappointing results from Apple, with shares sliding 2.3 per cent to 991.5p in early trading. The Silicon Valley giant is one of Arm's biggest customers, which makes its money by licencing designs for microchips to the likes of Apple and many of its rivals. Last night [...]
Peak Apple: Sales slow at the world’s largest company as boss Tim Cook blames extreme conditions January 27, 2016 The world's biggest company, Apple, set a new record for US corporate profits last night yet warned that sales are on the verge of tumbling for the first time in over a decade. The tech giant expects revenue of $50bn (£35bn) to $53bn in the opening three months of this year, down from $58bn in [...]
Apple share price jumps on better-than-expected earnings per share but iPhone sales growth falls to slowest rate ever January 26, 2016 NULL
Apple predicts first revenue decline in over a decade as iPhone sales growth falls to slowest rate ever January 26, 2016 Shares in tech giant Apple jumped initially in after hours trading after the company revealed earnings results for the first quarter of this financial year that came in ahead of analysts’ expectations. Earnings per share hit $3.28, beating forecasts of $3.23, while revenue was $75.9bn (£52.9bn). However revenue failed to meet projections, with the rate of growth [...]