Vodafone weighs into 4G row October 9, 2011 Vodafone yesterday launched a broadside against 3, its smaller rival in the British mobile market, over the increasingly controversial auction of next-generation 4G mobile spectrum. Vodafone’s UK chief executive Guy Lawrence told the Sunday Telegraph 3 was “running around the playground complaining that they’re being bullied by the older boys,” when in fact 3 sold [...]
THE TIPSTER October 9, 2011 THOUGH Premier Foods served up a healthy slice of humble pie for investors with the profits warning last week, can this mark a turning point for the company? With mounting debts and falling sales it is certainly in something of a pickle so pressure will build to move ahead with the disposal of peripheral brands [...]
Why Steve Jobs owes thanks to Ada Lovelace October 9, 2011 The technology world continues to mourn the passing of its iconic leader. Sadness over Steve Jobs’ death has seeped into the mainstream, like a virus, with ordinary people, who don’t know their C from their C++ and probably never played Dungeons & Dragons, leaving £400 iPads outside Apple Stores as a mark of respect. If [...]
Shake it up with London Cocktail Week October 9, 2011 F Scott Fitzgerald did it for me. He immortalised the mint julep in the Great Gatsby and ignited an ongoing appreciation for the craft of the cocktail. This may have been the turning point where I realised there was more to cocktails than kahlua and milk, and that the trusty barometer of sophistication was not [...]
Samsung upbeat on profits as smartphone sales fly October 7, 2011 Samsung Electronics said its quarterly profits should top the most bullish market forecasts, with smartphones becoming its main profit engine despite intense competition from bigger rival Apple. Indeed, analysts expect Samsung to report record profit from handset sales in the third quarter and overtake Apple as the world’s biggest smartphone vendor in unit terms. The [...]
Sony set to buy Ericsson out of mobile venture October 6, 2011 SHARES in telecoms group Ericsson jumped almost six per cent yesterday after reports claimed that Japanese technology group Sony was close to buying it out of their mobile phone handset joint venture. Sony is keen to take control of the business to combine Sony Ericsson’s mobile phone technology with its own tablet computer and PSP [...]
Steve Jobs, 1955-2011 October 6, 2011 THE Apple.com homepage, one of the most valuable pieces of virtual real estate in the world, yesterday featured just one black and white photograph, alongside the words: “Steve Jobs 1955-2011”. The death of the iconic leader of the world’s biggest technology company was met with an outpouring of grief usually reserved for musicians and world [...]
A talismanic leader who leaves the world a richer place October 6, 2011 IT’S OFTEN said that Steve Jobs didn’t give a fig about maximising shareholder value. Considering how good he was at it, it scarcely matters. When he rejoined Apple in 1997, its stock was worth $5-a-share while its market cap – mostly accounted for by cash and other tangibles – was a whisker under $5bn. Now [...]
Apple stock avoids the feared lurch downward October 6, 2011 APPLE stock resisted the expected downward lurch in the wake of Steve Jobs’ death, falling only slightly yesterday. It closed at $377.37 after initially surging above $380 a share – still below its September high of $423. Steve Jobs’ long battle with pancreatic cancer rocked Apple’s share price on several occasions, with rumours of a [...]
ANALYSIS | Apple Inc October 6, 2011 FORCED OUT OF APPLE After a tussle Jobs is turfed out of the company, with John Sculley now in charge APPLE GOES PUBLIC Jobs takes the firm he co-founded public. Its shares rise by a third during their first day trading JOBS BUYS PIXAR He snaps up the computer animation company from George Lucas for $10m [...]