Publishers and Apple end EU ebook dispute September 19, 2012 APPLE and four major publishers have reached an agreement with the European Commission (EC) that will allow retailers such as Amazon to sell ebooks at a discount. The EC said yesterday that the Californian firm, along with four out of the world’s five biggest publishers – Hachette, Macmillan, HarperCollins and Simon & Schuster – had [...]
In defence of the skeuomorph September 19, 2012 Apple’s new phone has already become the single most coveted thing in the history of human existence, storming past the Holy Grail, basic sustenance, love and even existence itself (posing some difficult ontological questions that people are too distracted by the iPhone 5 to properly consider). Ahead of the official launch tomorrow, Apple has begun [...]
Apple shares hit fresh record September 18, 2012 SHARES in Apple hit a record high yesterday as momentum over the launch of the iPhone 5 pushed the stock past $700 for the first time. After the firm sold more than 2m iPhones in the first 24 hours of pre-orders, Carphone Warehouse revealed it had taken more than four times as many orders for [...]
US stocks flat as bellwether cuts forecasts September 18, 2012 US stocks ended flat to slightly lower yesterday after bellwether FedEx cut its profit forecast and investors pulled back after last week’s rally on central bank stimulus. Falling oil prices weighed on the market for a second day, with the S&P 500 energy index, down 0.7 per cent, the day’s biggest decliner among the S&P’s [...]
The iPhone5 may be boosting GDP by even more than JP Morgan predict September 18, 2012 APPLE’S iPhone5 has already smashed sales records. More than 2m online orders were placed on the first day that consumers could make purchases over the web. So it’s little wonder that JP Morgan has estimated that iPhone5 sales could add as much as 0.5 per cent to American GDP. These numbers have attracted criticism. After [...]
US stocks fall as oil prices hit energy shares September 18, 2012 US stocks fell yesterday in light trading after a rally that drove the S&P 500 last week to its highest level in nearly five years and as falling oil prices hit energy shares. The decline broke a four-day streak of gains for the S&P 500. On Friday, both the Dow and the S&P 500 ended [...]
iPhone sales hit 2m on record day for Apple September 18, 2012 APPLE said yesterday that the iPhone 5 had become its fastest selling phone ever, with 2m handsets bought in the first 24 hours it went on sale. Despite a lukewarm reception after last Wednesday’s highlyanticipated unveiling, sales of the iPhone 5 on Friday were double those of the previous 4S model on its first day [...]
Huge iPhone sales set to boost Apple September 17, 2012 APPLE shares are in sight of a new record high of $700 this week, after early demand for the new iPhone 5 proved far greater than expected. Purchases made over the weekend were accompanied by a warning that delivery would take up to three weeks to arrive, after the initial batch of devices sold out [...]
Elba: the majestic Little Tuscany September 16, 2012 IN THE summer, the British head for Tuscany, lured by the classic Italian combination of sun, scenery, fine food and wine. But the Italians themselves head for sleepy Elba, “Tuscany’s island”, with its 150 spotless beaches, romantic villages and breathtaking mountains. Although is a National Park of outstanding natural beauty, tiny Elba is perhaps best [...]
Jubilee holiday and Olympics help John Lewis September 13, 2012 JOHN Lewis Partnership yesterday revealed that it enjoyed a strong start to the year as first-half profits jumped by 59.8 per cent to £144.5m but said consumer demand remained “fragile”. Gross sales for the six months to July were up 8.7 per cent at £3.9bn, which the firm attributed to capitalising on major events such [...]