Baidu revenue falls short of expectations, but mobile continues to grow April 29, 2015 Baidu's revenue failed to meet expectations in the first quarter, but mobile growth brought some success. The figures During the three months ended March, the Chinese internet search provider's total revenue was $2.053bn (£1.33bn), which was 34 per cent higher than in 2014 but slightly shy of the $2.08bn analysts expected. The $1.22 earnings [...]
Samsung Vs Apple: Galaxy S6 maker back on top despite record iPhone 6 sales April 29, 2015 Apple may have had another incredible quarter with the huge success of the new iPhone 6, but Samsung managed to steal back the much sought after smartphone crown from the world's biggest company. Samsung recaptured the title of the world's largest seller of smartphones by volume, shipping 83.2m devices in the first quarter of the [...]
Wall St knocked as Twitter tanks on leaked result – New York Report April 28, 2015 VOLATILITY was the name of the game yesterday, although two of the three major US stock indexes as the Dow and S&P 500 ended a rollercoaster session higher, helped by strong earnings from Merck and gains in IBM after it boosted its dividend, while the Nasdaq fell with Apple. Just before the close, shares of [...]
Five steps to improve business travel: From trying a new hotel to using a “jet lag optimiser” April 28, 2015 These days, when travelling on business, you’re more likely to choose your own hotels than trust the decision to a PA. And for good reason – the market for business hotels has vastly diversified in recent years, and today’s travellers can expect far more from them than a half-decent continental breakfast. Nevertheless, from jet lag [...]
Apple breaks another record as share price surges above $134.5, market cap rises to $775bn April 28, 2015 Apple's share price just won't quit. Shares in the iPhone maker have reached another new high – this time the share price peaked at $134.54 during early trading. That gave it a market cap of more than $775bn. It has slipped back down now to around $131.5 – and its market cap has [...]
Apple sales soar on back of China growth: Profits rise despite decline in iPad sales April 27, 2015 Apple has reported a 27 per cent increase in revenue to $58bn (£38bn) for the second quarter, boosted by strong demand in China. Sales in China alone rose 71 per cent to $16.8bn, helping the smartphone giant rake in profits of $13.6bn, up from $10.2bn last year. The firm sold 61.2m iPhones during the period, [...]
Canon sales fall as phones snap up its market April 27, 2015 JAPAN’S Canon yesterday reported first-quarter net profit that fell almost a third, grossly undershooting expectations, citing a collapse in demand for compact digital cameras. Profit at the world’s largest camera maker fell to 33.93bn yen (£188m) for January to March, compared with the 53.64bn yen average estimate of five analysts according to Thomson Reuters data. [...]
Gaming software developer Playtech bets on a strong 2015 April 27, 2015 Isleof Man-based gaming firm Playtech yesterday said it had won big in the first quarter, with revenue up 31 per cent. Playtech, which develops online gaming and sports betting software, said – despite being impacted by the weakness of the euro – it increased revenues from regulated markets by 40 per cent for the three [...]
Apple smashes it and beats expectations with best second quarter figures ever April 27, 2015 The world's most valuable company has just outdone itself. The figures During the second quarter ending 28 March, Apple's revenue grew by 27 per cent to $58bn (£38bn), exceeding market expectations of $56bn. The net profit of $13.6bn will also bring a smile to investors' faces, since it pushed earnings per share up by [...]
Apple earnings: Four things to expect after the iPhone 6 success and Apple Watch launch from the second quarter results April 27, 2015 Apple is expected to report another exceptional quarter, still riding high from the success of the iPhone 6. It's a tough act to follow after last quarter, its first since the new generation phone launched last year, when it sold a record 74.5m iPhone's and sales rose an astonishing 30 per cent to $74.6bn (yes, [...]