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 [...]
Wall St The Week Ahead: Apple, Google and Facebook earnings due January 26, 2014 US stocks could be set for another selloff this week as the Federal Reserve is expected to announce it will keep withdrawing its economic stimulus, further pressuring equities already roiled by a flight from emerging markets. Investor sentiment turned strongly bearish last week as emerging markets were hit by both country-specific problems and the realisation [...]
Apple boosts screen sizes January 23, 2014 APPLE will release two more iPhone models with larger screens this year in an attempt to boost demand in Asian markets. The two models will have screens of 4.5 and five inches, according to the Wall Street Journal, up from the four inch screens that Apple currently produces. The phones already had their screens enlarged [...]
Icahn buys further $500m Apple shares taking his stake to $3.6bn January 23, 2014 ACTIVIST investor Carl Icahn picked up another $500m (£300.5m) of Apple shares yesterday, taking the billionaire’s total investment in the iPhone maker to $3.6bn. Icahn, who repeatedly has called Apple a “no brainer” even as he wages a campaign to get it to return more cash to shareholders, tweeted his latest move just a day [...]
Here’s how a snow blower got revenge for all those shattered iPhone screens January 23, 2014 The clear-up of Tuesday's snowstorm has left a New York Apple Store resembling the company's iconic (and sometimes shatter-prone) iPhones. A 32-foot high glass panel at Fifth Avenue's Apple Store has been left in pieces, after it was cracked by a snowblower-wielding clean up crew. AppleInsider reports that "a single pane positioned in the southeast [...]
Investors have a serious case of Icahn fatigue January 22, 2014 Activist investor Carl Icahn has yet again had a go at pumping up the value of Apple stock. Icahn has become fond of Twitter as a platform, but 66 messages in and the attention of market watchers has started to wear thin. Three consecutive updates failed to make much of a dent in the value [...]
Here’s how Google’s leading a revolution in green technology January 22, 2014 Google today sealed its third green energy deal in the space of three months, agreeing to buy electricity generated by four Swedish wind farms for the next ten years. For companies offering vast online services like Google and Microsoft, the energy requirements of growing numbers of data centers are one of the largest ongoing costs [...]