CES: the very best of the show so far January 8, 2014 The annual Consumer Electronics Show in Las Vegas is like Willy Wonka’s Chocolate Factory for geeks. It sees several gigantic aircraft hangers packed full of the biggest releases from some of the world’s top tech firms. This year saw 3D printers move further towards the mainstream, while manufacturers of high-end TVs once again pulled out [...]
Bumper December helps Apple top $10bn in app sales in 2013 January 7, 2014 APPLE said yesterday that its customers spent $1bn (£610m) on purchases in its applications store in December, leading to a total of $10bn worth of apps sold in 2013. Apple reported that almost three billion apps were downloaded in December, making it a record month for the store, which offers one million apps for the [...]
Samsung warns of falling profits in mobile group January 7, 2014 SAMSUNG Electronics’ fourth quarter profits are expected to be hit by falling smartphone shipments and the impact of a special employee bonus estimated to be worth nearly 1 trillion South Korean won (£570m). Yesterday the world’s largest smartphone maker said it expects to fall short of analysts’ expected earnings of 8.8 trillion won by 18 [...]
Google’s Android software to ship on over 1bn devices in 2014 January 7, 2014 DEVICES shipped using Google’s Android operating system will number over a billion in 2014, according to research group Gartner. The number of new Android users is set soar 26 per cent to 1.1bn over the course of the year. Gartner forecasts that the strongest demand for devices will come from emerging markets. In contrast, Apple’s [...]
The race that Android is set to win against Apple January 7, 2014 The number of devices shipped using Google's Android operating system will reach over a billion in 2014, according to research group Gartner. The number of Android users is set soar by 26 per cent to 1.1bn over the course of the year. Gartner forecasts that the strongest demand for devices will come from emerging markets. [...]
Car makers join Google’s plan to connect cars January 6, 2014 The latest technology, manufacturing and business news from the Consumer Electronics Show in Las Vegas… GOOGLE announced plans yesterday to team up with major manufacturers to put its Android platform into cars by the end of 2014. Honda, Audi, Hyundai, General Motors and chipmaker Nvidia have all joined Google’s Open Automotive Alliance (OAA), which aims [...]
Apple’s mobile sales in Europe grow in strength January 6, 2014 APPLE’S smartphone sales continue to increase month-on-month, making up 18.1 per cent of the smartphones sold in Europe’s five biggest markets during the three months to November, data from Kantar Worldpanel showed today. In October Apple’s share was 15.8 per cent. November’s strong sales are linked to high levels of customer satisfaction of its iPhone [...]
HTC misses fourth quarter target despite aggressive cost cutting January 5, 2014 STRUGGLING Taiwanese smartphone maker HTC missed expectations yesterday with a worse than expected fourth quarter profit, despite the firm’s aggressive cost cutting measures and the sale of its 2.5bn Taiwanese dollar (£50.8m) stake in Beats Electronics. The company reported profit of 300m Taiwanese dollars, compared to a net loss of 2.97bn Taiwanese dollars in the [...]
The year in preview: Our in-depth guide January 5, 2014 City A.M.’s journalists take a wide-ranging look at what 2014 has in store for the world of finance and business BANKINGRestoring faith means costly overhaulsA CAUTIOUS optimism pervades the British and European banking system at the start of 2014. The incoming economic recovery is at last improving customers’ creditworthiness, while the hard work running down [...]
Apple stock set to jump as US markets open December 23, 2013 Tech giant Apple is set to be greeted with approval by investors this afternoon. As US markets open at 2.30pm Apple shares could jump by four per cent on news that the company has agreed a tie-up with Chinese state-owned network China Mobile. The network has more than 750m subscribers – while the entire population [...]