Samsung takes on Apple with dedicated Carphone Warehouse stores January 29, 2014 Samsung and Carphone Warehouse have signed an agreement for the high street retailer to convert 60 of its stores across Europe into dedicated Samsung stand-alone stores. Of the 60 stores, that will stock only Samsung products, around 20 will be opened in the UK with the others spread across Ireland, Germany, Spain, Portugal, Sweden and [...]
Carl Icahn adds to his Apple pile after share price takes a tumble January 28, 2014 BILLIONAIRE activist investor Carl Icahn said yesterday that he has bought another $500m (£301.7m) worth of Apple stock, despite Apple’s results being considered disappointing by many investors. Icahn’s stake in the iPhone maker is now more than $4.1bn, following three separate investments in the stock, as he continues his campaign to increase Apple’s share buyback [...]
Smartphone shipments reach 1bn as Samsung keeps crown January 28, 2014 SMARTPHONE shipments topped 1bn units worldwide for first time in 2013, climbing 38.4 per cent from the previous year, research firm IDC said yesterday. Smartphones made up 55.1 per cent of all mobile phone shipments last year from just over two-fifths in 2012, IDC said. “The sheer volume and strong growth attest to the smartphone’s [...]
New York Report: US stock index given boost by good results January 28, 2014 US stocks rebounded yesterday after Pfizer’s upbeat results gave investors some relief from the pain of the Dow’s five-day losing streak, and the focus turned to the Federal Reserve’s next move on stimulus. The market’s advance, which also broke the S&P 500’s three-day slide, came after heavy losses tied to concerns about the withdrawal of [...]
Super Mario! How the plucky plumber could revive Nintendo’s fortunes January 28, 2014 The classic video game character Mario could be Nintendo’s saviour, according to pundits weighing in on the company’s options ahead of its expected new management strategy, due to be announced on Thursday. Nintendo’s Wii console – which shipped over 100m units, the most successful gaming console it has ever sold – featured 13 Mario released [...]
4 things you need to know before Apple shares open January 28, 2014 Last night Apple reported first-quarter earnings that were near-on unchanged from a year earlier, as stronger competition dented iPhone and iPad sales. Shares tumbled eight per cent on the news. Investors might not be banking on ground-breaking products, probably expecting more of the same. So – before markets open in the US – what do [...]
Apple bruised despite record iPhone sales January 27, 2014 APPLE’S iPhone sales hit an all-time quarterly record of 51m units in the final three months of 2013, but still missed analyst expectations of 55m. Shares in the world’s most valuable technology company initially dived eight per cent in after-hours trading as some investors reacted to Apple’s holiday season sales figures plus a weaker-than-expected forecast [...]
US more open on data watch January 27, 2014 THE US is to let technology firms give customers more information on how the government collects their data, the Department of Justice said yesterday. Facebook, Apple and Google will be among those who can give out more information. If the rules are approved by a judge, they will be able to provide aggregate data on the requests [...]
Google and Samsung sign up for a 10-year patent licensing deal January 26, 2014 Google and Samsung Electronics, which are frequently involved in patent infringement lawsuits but not against each other, yesterday announced they have reached a global patent cross-licensing agreement. The deal covers patents currently owned by the companies, as well as any filed in the next 10 years, the companies said in a release. Financial terms were [...]
Android strong in key markets over Christmas January 26, 2014 GOOGLE finished 2013 on top with sales of phones running its Android operating system dwarfing those of rivals iOS, Windows Phone and BlackBerry over the Christmas period. Data from researchers Kantar Worldpanel found that Android had a 68.6 per cent share of sales in the five largest European markets for the 12 week period to [...]