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  • Bullish ARM beats forecasts as quarter two profits rise 30pc

    July 24, 2013

    BRITISH chip designer ARM Holdings yesterday said it expected continued strong demand for its technology after higher-than-expected licensing of its processors in the second quarter. The FTSE 100-listed firm reported a 30 per cent rise in pre-tax profit to £86.6m yesterday, beating forecasts. ARM has outpaced the wider semiconductor market for the past five years [...]

  • New York Report: Weak results drag the Dow from its record

    July 24, 2013

    US STOCKS mostly retreated yesterday as losses in utility and commodity shares more than offset gains in the tech sector on Apple’s solid earnings. The Dow Jones industrial average ended slightly lower on the day after closing at a record high. Caterpillar and AT&T dragged on the Dow following weak results on a day when [...]

  • Main street versus Wall Street: A mixed bag of corporate earnings

    July 24, 2013

    Last week, Federal Reserve chairman Ben Bernanke said that main street is doing better than Wall Street. Judging by today’s second quarter corporate results coming out of the US this afternoon, he could have a point. PepsiCo reported a 35 per cent boost in net income to $2.01bn, or $1.28 per share, up from 94 [...]

  • Apple surprises with strong rise in iPhone sales

    July 23, 2013

    SALES of Apple’s iPads fell more than expected in the third quarter, the US tech giant revealed last night, but strong iPhone sales surprised the market and sent shares up in after hours trading. And the firm hinted at new product announcements in the autumn, widely expected to include another update to the iPhone. The business [...]

  • New York report: S&P slips from its record high

    July 23, 2013

    THE S&P 500 snapped a four-day winning streak last night and pulled back from Monday’s record closing high, while healthy earnings from United Technologies gave the Dow a slight lift. Earnings as a whole, though, were lukewarm and held back the broader market. Technology shares weighed on the S&P 500 and the Nasdaq. Yet Apple’s [...]

  • Apple keeps developer site shut after hackers hit personal data

    July 22, 2013

    TECH giant Apple yesterday continued the temporary shut down of its popular developer website after it was hit by a hacking attack looking to snatch people’s personal data. The company said in a statement that it took down the members’ section of the website on Thursday last week after a hacker tried to access personal [...]

  • Tablet searches boom as Brits buy for the sun

    July 21, 2013

    ADIDAS, Converse shoes, dresses and garden furniture have become some of the most popular terms that consumers are browsing for online thanks to brighter weather and the help of three bank holidays. Data from the British Retail Consortium (BRC) and Google showed searches for DIY and gardening products outpaced other sectors on both tablets and [...]

  • New York Report: Apple is set to report in busy earnings week

    July 21, 2013

    WALL Street is experiencing its best month since January and looks poised to extend the rally with a deluge of earnings this week, though significant gains may be harder to come by with major indexes at record highs. Eight Dow components and Apple are among the companies that will report in one of the busiest [...]

  • ‘Appy days – App Store at 5

    July 17, 2013

    Alex Dymoke looks back at the five year history of Apple’s revolutionary online shop THE app was unleashed on the world with a typically smart advertising campaign from Apple. A niggling problem in your daily life? There is, they assured us, an app for that. “A what for what?” was the reaction from most people [...]

  • Review: The latest generation of MacBook Airs

    July 17, 2013

    Apple has a new MacBook Air and it looks… just like the old one. But there is more going on than meets the eye. Here is the lowdown on how Apple just made the best laptop on the market even better, says Steve Dinneen. ■ Battery life | If this was the only change in [...]

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