Nokia losses less than estimates October 20, 2011 The world’s largest cellphone maker Nokia reported a smaller than expected fall in third quarter profits as price cuts and new models lifted sales of its basic cellphones in key markets like India. Shares in Nokia jumped on the surprise profit number, up 9.3 per cent to 4.9 euros, their highest level since May. Nokia, [...]
Motorola in phone launch to rival Apple October 20, 2011 MOTOROLA yesterday set out to show it is still a force in the mobile market with a “reboot” of its top-selling Razr handset, saying the phone is “out of the league” of rivals Apple and Samsung. The ultra-thin device, the first launched since Google announced its $12.5bn (£7.91bn) takeover of the firm, looks set to [...]
Investors spooked by Eurozone fears October 19, 2011 US stocks fell yesterday as traders, after sitting on their hands for most of the day, jumped to sell in a hair-trigger reaction to fresh reports underscoring that Europe remains far from a solution to its debt crisis. In a repeat of a now-familiar pattern, traders capitalized on headlines emerging late in the trading day, [...]
The reason for 4m sales of iPhone 4S? Monkey scrabble, of course October 19, 2011 I have written a lot about the iPhone 4S. Before I ever laid hands on one I had churned out countless paragraphs, covered each twist in the saga, vomiting Apple stories like some grotesque human Rube Goldberg machine. If you threw all these words into a bag, shook it up and handed it to troupe [...]
When touching and reading combine October 19, 2011 THE e-reader has reached adulthood, and bloomed with the addition of a touchscreen. Do touchscreen e-readers look better? Yes: they look more sleek and almost sexy. Are touchscreens necessary? Perhaps not. The reader experience is not so different to what we had when we were thumbing tiny keys, but, with the exception of the iPad, [...]
Shock as Apple misses its earnings forecasts October 18, 2011 SHARES in Apple plunged 6.5 per cent in after hours trading last night as disappointing sales of its iPhone meant the tech giant missed its quarterly earnings target. Around $27bn (£17.2bn) was wiped off the value of Apple when it announced its results after the stock closed at $394.78. In its first update since the [...]
Yahoo suffers after chief’s exit but Intel upbeat over UK October 18, 2011 YAHOO last night paid the price for a summer of discontent and weak online advertising as it reported a third quarter slump. Profits for the quarter, the last under chief executive Carol Bartz, who was fired in September, fell 26 per cent to $293m (£186.57m), or 23 cents per share. Net revenue, which excludes fees [...]
BBX operating system unveiled October 18, 2011 Research In Motion will introduce souped-up operating software for its BlackBerry smartphone and PlayBook tablet designed to make both more formidable competitors to Apple and Google devices. At a developers conference in San Francisco, the Canadian company said yesterday it would install its new BBX platform in next-generation devices but provided no timetable.
Wall St rallies on Europe but Apple disappoints after hours October 18, 2011 US stocks surged late in trading yesterday as buyers latched onto another report of agreements to strengthen the euro zone’s rescue fund to bid up stocks aggressively. All three major indexes rose sharply after the Guardian newspaper said France and Germany will increase the euro zone’s rescue fund to €2 trillion as part of a [...]
RAPID RESPONSES October 18, 2011 Innovation first Norman Lewis makes some good points [Steve Jobs was an amazing businessman – but Einstein’s the genius behind the iPod, yesterday] but while pure science is clearly important, many innovations precede the science. We flew long before we knew how, we used electricity long before we understood what it was and we continue [...]