Samsung forecasts profit surge July 6, 2012 Samsung said it expects to see a profit surge of 79 per cent in the second quarter of 2012 due to the new Galaxy range of smartphones. The firm has predicted an operating profit of 6.7 trillion won (£3.5 bn) for the three-month period, the highest since 2008. Whilst overtaking Nokia as the world’s biggest [...]
Wall St edges lower ahead of non-farm data July 5, 2012 US stocks edged lower yesterday as economic stimulus measures by major central banks failed to excite investors before a US jobs report expected to show tepid growth. After the S&P 500 index’s strongest three-day run this year, investors stepped back, leaving the broad index and the Dow modestly lower and the Nasdaq essentially flat. Trading [...]
Mini iPad eyed by Apple as it loses HTC battle July 4, 2012 US technology giant Apple yesterday lost a key London court ruling against Taiwan’s HTC, just as reports emerged that its hotly anticipated smaller and cheaper iPad would be on sale by the end of the year. The production of Apple’s latest iPad is already under way, according to the Wall Street Journal. The new model [...]
Games consoles meet a chainsaw massacre July 2, 2012 WHAT would you rather do: harvest corn, or chainsaw a zombie in the face? That’s the question asked by the Facebook app for Gaikai, the cloud gaming company just bought for $380m (£242m) by Sony, which clearly believes the chainsaw is mightier than the scythe. It’s probably right, too. Just a few minutes of experimenting [...]
APPLE PAYS $60M TO SETTLE DISPUTE IN CHINA July 2, 2012 APPLE has paid $60m (£38m) to Proview Technology (Shenzhen) to end a dispute over the iPad trademark in China that saw the world’s most valuable technology company engaged in a protracted legal tussle with a near-bankrupt Chinese firm. The lawsuit had hampered some sales and delayed the launch of the new iPad in China.
Apple pays out $60m to settle iPad trademark dispute July 2, 2012 Royal Mail has increased annual profits and said that its core postal business is also back in the black for the first time in four years. The delivery service made a profit of £23m on revenues of £7.2bn, up from a loss of £120m last year. The business, which delivers to 29m UK addresses, says [...]
Five years old: iPhone hits the grand old age June 28, 2012 CELEBRATING its fifth birthday today, the world’s most iconic smartphone continues to dominate its rivals according to data from Ipsos MORI. Revealed to the world by Steve Jobs in January 2007, the first iPhone was scanned through the till on 29 June of the same year. British fans of Apple will be able to celebrate [...]
Steve Jobs made the right call: Apple’s ingenious iPhone turns five today June 28, 2012 FIVE years ago, the makers of BlackBerry didn’t believe the iPhone was possible. According to a former employee, they held internal meetings on 10 January 2007, the day after the unveiling but six months before it went on sale on 29 June, arguing that Apple was fudging the truth: it was simply impossible for a [...]
Google takes on rivals with Nexus 7 tablet June 27, 2012 GOOGLE last night unveiled its first own-branded tablet, putting it in direct battle with giants Apple, Amazon and Microsoft. The Nexus 7, developed with Taiwanese firm Asus, is a seven-inch tablet with a front-facing camera built around Android software. Google, which is already taking advance orders for the device, will sell an 8GB version from [...]
Samsung banned from selling Galaxy Tab 10.1 device in the US June 27, 2012 APPLE has triumphed in the latest round of patent battles with its archrival Samsung after a US judge yesterday backed the iPad maker’s request to halt sales of the Galaxy Tab 10.1 device. “Although Samsung has a right to compete, it does not have a right to compete unfairly, by flooding the market with infringing [...]