Economic downturns can lead to more innovation October 26, 2009 IT’S A well-known fact that an economic downturn corresponds with an innovation upturn. Change means winners and losers. Are you going to sit at the dinner or be the duck which is served? It comes largely down to your attitude, to whether you are going to embrace the change or resist it. Henry Ford said [...]
AT&T profits beat forecasts October 22, 2009 AT&T reported stronger-than-expected third quarter profits as the wildly popular iPhone helped it land a record number of new wireless customers for the period. Investors have worried about AT&T’s dependency on Apple’s iPhone for growth, but for now it is paying big dividends. AT&T, which has exclusive US rights to the phone, said it was [...]
Nokia sues over Apple iPhone October 22, 2009 Mobile phone maker Nokia yesterday filed a lawsuit against Apple, claiming the US firm’s iPhone infringes its technology patents. The patents relate to technologies fundamental for devices using GSM, UMTS and local area network (LAN) standards. They cover wireless data, speech coding, security and encryption and are infringed by all Apple iPhone models shipped since [...]
How Apple is stealing the limelight from Microsoft October 21, 2009 WHEN Microsoft releases Windows 7 today, it will be closing a troubled chapter in its history. The previous version of its operating system, Windows Vista, has been cut adrift by massive changes in the PC market since its launch in 2007; a resurgent Apple, soaring sales of netbooks that run free alternatives to Windows and [...]
WINDOWS 7 SCORES A GOAL WITH ANALYSTS October 21, 2009 MICROSOFT’S long-awaited new operating system (OS) launched last night, as the software giant hoped to fend off competition from Google and mend a reputation damaged by the failures of Windows Vista. Analysts welcomed the arrival of Windows 7, which Microsoft executive Ashley Highfield dubbed “the pivotal turning point” for the firm. Julie Larson-Green, Microsoft vice-president [...]
Heroes of sport that touched England’s great cricket legend October 21, 2009 MY SPORTING HEROESBY IAN BOTHAMMainstream, £18.99 WHEN AN icon such as Sir Ian Botham lists you among his sporting heroes, then you know you have a story to tell. Fresh from the success of his 2007 autobiography Head On, England’s finest all-round cricketer is back with My Sporting Heroes – a light-hearted look at the [...]
US housing results bring down stocks October 20, 2009 US stocks retreated from 12-month highs yesterday as disappointing housing and inflation data prompted investors to book recent gains despite strong results from bellwethers including Apple and Caterpillar. New construction of US homes rose less than expected in September and US producer prices posted an unexpected decline, both pointing to an anemic economic recovery. DuPont [...]
Apple given boost by new iPhone sales October 19, 2009 SURGING iPhone and iMac sales helped technology giant Apple defy the recession in the three months to September, it said last night, leaving high-profile chief executive Steve Jobs “thrilled”. Computer sales were up 17 per cent, and iPhone sales climbed seven per cent, helping profits surge to $1.67bn (£1bn) – or $1.82 per share – [...]
After-bell earnings from Apple impress October 19, 2009 US stocks rose to fresh 12-month highs yesterday as optimistic investors rode a wave of solid quarterly earnings, which continued after the session’s close when Apple’s shares jumped on its results. Earnings from companies, including Gannett, which beat analysts’ expectations, and positive broker commentary on Caterpillar further encouraged investors looking for confirmation the economy is [...]
Microsoft shop set to challenge Apple outlets October 18, 2009 MICROSOFT is set to open its first-ever store in the next few days, as the software maker takes its first step to match rival Apple’s successful venture into retail. Expectations are running high that the store, in an upscale Arizona city, will open this week, to coincide with the launch of Microsoft’s Windows 7 operating [...]