Apple’s market share slips as tablets boom October 21, 2013 APPLE will reveal its latest iPad lineup tonight, with new iPads and iPad Minis expected. But despite its fresh models the firm’s market share of the tablet space is slipping amid huge growth in the market. The technology giant sold 14.6m iPads in its third quarter ending 29 June, a 14 per cent drop from [...]
New York Report: McDonald’s US report feeds a fear of equities October 21, 2013 US STOCKS ended little changed last night as lacklustre earnings reports from McDonald’s and others fed concerns that equities were overpriced after the S&P index’s run to record highs last week. Investors also showed a reluctance to make aggressive bets ahead of today’s release of US payrolls data for September, which was delayed by the [...]
What the other papers say this morning – 21 October 2013 October 21, 2013 FINANCIAL TIMES Cameron to build on Royal Mail sale David Cameron is planning to build on the huge popularity of the Royal Mail privatisation by prioritising retail investors for the sell-offs ahead of the general election in 2015. Attracting retail investors will be a key aim as the government prepares to complete the sales of [...]
Tesco ends promotions on salad after study into wasted produce October 20, 2013 TESCO has called an end to promotions on certain fresh food products in stores after conducting a study into food waste across its UK operations. Britain’s biggest supermarket said it will stop multi-buy offers on large bags of salad to stop encouraging people to buy large amounts that then go to waste. Commercial director Matt [...]
Burberry chief executive to miss out on £18m in share awards October 20, 2013 DEPARTING chief executive Angela Ahrendts will waive her rights to a long-term incentives worth £18m when she leaves the fashion retailer to join Apple. Ahrendts was entitled to share awards worth £7.6m this year and an additional £4.6m next year from Burberry. Ahrendts already owns £6.5m shares of Burberry, where she has worked for eight [...]
Samsung offers to end tech wars October 17, 2013 Samsung has offered to defuse ongoing patent disputes between tech companies in Europe by refraining from further litigation for five years. The offer could help the technology company to avert a possible £11.3bn fine that Samsung could face after the European Commission said last year that its patent lawsuits broke EU antitrust rules. Samsung and [...]
Samsung proposes to end patent litigation in Europe October 17, 2013 Samsung Electronics has agreed to stop seeking injunctions on certain patents, says the European Commission, giving glimmers of a truce in the smartphone and tablet patent wars. (Release) The Commission challenged the electrics giant for its pursuit of injunctions that are standard-essential – meaning that the invention being patented has to be used in order [...]
Don’t fear free: Candy Crush Saga is the future of the profitable product October 17, 2013 YOU CAN’T make money on the AppStore. Everything is free and you can’t get consumers to pay for anything.” That’s what I often hear from companies that have dipped their toes into the Apple ecosystem, failed to understand that it’s a new way of doing business, and drowned in the turbulent waters. It’s a common [...]
Don’t fear free: Candy Crush Saga is the future of the profitable product October 16, 2013 YOU CAN’T make money on the AppStore. Everything is free and you can’t get consumers to pay for anything.” That’s what I often hear from companies that have dipped their toes into the Apple ecosystem, failed to understand that it’s a new way of doing business, and drowned in the turbulent waters. It’s a common [...]
Dyson’s new vacuum cleaner is half dust-buster, half sports car October 16, 2013 REVIEW DYSON DC59 ANIMAL £349.99; dyson.co.uk Five Stars It’s hard to write about Dyson without comparing it to Apple. Both companies take something functional and make it beautiful. In a way, Dyson’s achievement is even more impressive – Apple is associated with music and video; all Dyson has to work with is your own filth. [...]