EE chief encouraged Apple to change iPhone 5 for 4G October 22, 2012 OLAF Swantee, the chief executive of Orange and T-Mobile owner EE, personally intervened to convince Apple and other smartphone manufacturers to make their devices run on EE’s new high speed “4G” network, Swantee claimed yesterday. The new EE service, the details of which were announced today, will be the first 4G network in the UK, [...]
US flat as macro fears offset by strong earnings October 22, 2012 THE Dow industrials and the S&P 500 ended flat yesterday after a late-day bounce, as worries about slower global growth hitting corporate sales were offset by earnings that beat expectations. Technology shares led the day’s gains and pushed the Nasdaq up 0.4 per cent, as shares of Apple jumped four per cent to $634.03. Apple [...]
Apple to reveal new iPad mini in crucial week October 22, 2012 APPLE is set for a test of investor confidence over the next week as chief executive Tim Cook gears up to announce a new version of the iPad just two days before the company releases its annual results. The Californian firm last week sent out invitations to a special event scheduled for tomorrow. It is [...]
Jittery market awaits deluge of Q3 earnings October 21, 2012 US earnings started the quarter on the wrong foot, and things have only got worse. Expectations for the third quarter were dismal, with forecasts for a decline in profits from a year ago. But a recent flurry of high-profile reports has investors scowling at the weak revenue numbers, adding to worries about the state of [...]
Nokia posts £787m loss as sales falter ahead of crucial period October 18, 2012 SALES of Nokia’s flagship smartphones failed to impress over the summer ahead of the launch of the crucial next generation of models, although figures released by the Finnish firm yesterday showed that cheaper models performed well. Nokia posted a loss of €969m (£787m) in the three months to October, its sixth successive quarterly deficit, although [...]
Apple loses UK court battle on claims Samsung copied iPad October 18, 2012 APPLE failed yesterday to overturn a UK court judgement ruling that Samsung’s Galaxy Tab had not copied the iPad and ordering the Californian firm to run newspaper adverts saying so. The Court of Appeal upheld the High Court’s July verdict that Samsung did not infringe on Apple’s intellectual property, in part because Samsung’s device was [...]
You can’t always get what you want but the Rolling Stones defy the gloom October 18, 2012 DON’T paint Mick Jagger too black. The Rolling Stones have come in for criticism over high ticket prices for their fiftieth anniversary gigs at the O2, which go on sale this morning. But I have some sympathy for the devil. While the cost may have disappointed some of the veteran rock band’s passionate fans, it’s [...]
What the other papers say this Morning October 17, 2012 FINANCIAL TIMES Paris steps in over Peugeot unit The French government has been forced to step in with a rescue package for troubled carmaking group PSA Peugeot Citroën’s financing arm, which is threatened with a credit rating downgrade. The government said it will seek a solution “using the French banking system and the support of [...]
Fable: right game, wrong execution October 17, 2012 GAMES FABLE: THE JOURNEY Xbox Kinect * Fable: The Journey is exactly the game Microsoft’s Xbox Kinect needs: a much-loved title that plunges gamers into a familiar environment. The Kinect has shown it can excel in mini “party games” but has, thus far, come up empty on anything grander. It’s a shame, then, that The [...]
A childhood fear of household appliances didn’t put me off the new Dyson October 17, 2012 WHEN I was a child, I was afraid of the tumble dryer. Not an all-consuming phobia – more of a general distrust, as if the offending appliance wasn’t an immediate threat but a vaguely malign presence in the corner of the kitchen. When it rumbled into life I would adopt a low voice like a [...]