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 [...]
What the other papers say this morning – 20 December 2013 December 19, 2013 FINANCIAL TIME Taper pressures emerging markets Markets soured on the day after the US Federal Reserve’s dramatic tapering of its asset purchases from $85bn to $75bn per month as the dollar climbed and vulnerable emerging markets came under pressure. The taper heralded a new era of dollar strength, with the US currency up by 0.6 [...]
Any Other Business – 20/12 December 19, 2013 Need help getting home after that Xmas party? Apple announced its top apps of 2013 this week and one of the editor’s picks was London-born travel app Citymapper. For those who haven’t already used the app – it takes your destination and gives a range of options for getting there. For giggles, it also includes [...]
What the other papers say this morning – 17 December 2013 December 16, 2013 FINANCIAL TIMES US judge ruling on NSA surveillance The National Security Agency’s surveillance methods have suffered a significant legal setback after a federal judge ruled yesterday that a programme that collects bulk phone records was likely to be unconstitutional. In an often scathing ruling about the activities of the NSA, the court said the programme [...]
UK division of Leica sees slower sales despite new camera launch December 13, 2013 THE UK division of Leica Cameras, the iconic camera brand used by celebrated photographer Henri Cartier-Bresson, reported a slowdown in sales last year despite rolling out a new flagship camera. Leica Camera, which is owned by German parent company Leica AG and distributes cameras in the UK, reported a 12 per cent dip in turnover [...]
What the other papers say this morning – 13 December 2013 December 12, 2013 FINANCIAL TIMES Bitcoin start-up fundraises $25m A Silicon Valley company that allows speculators and merchants to trade Bitcoin has raised $25m (£15.3m) in venture capital funding in the largest investment so far in a virtual currency business. As a result of the deal, San Francisco-based Coinbase will have two of the most prominent venture capitalists [...]
The Long View: Three reads for Christmas: Glamour, Cicero’s web and high-tech fiction December 12, 2013 I WROTE at the end of November that the rise of the selfie marked the death of the audience and the rise of an age committed to universal self-expression and performance. This week, even world leaders have been joining in. When David Cameron and Barack Obama were caught taking silly pictures of themselves at Nelson [...]