Archive : Business

Apple and Samsung accountes for 52 percent of all global smartphone sales in fourth quarter of 2012 according to a report by Gartner. Overall, mobile phone sales declined across the globe by 1.7 percent last year, the last time when sales fell were in 2009. Below is the report : “The last time the worldwide mobile phone market declined was in 2009,” said Anshul Gupta, principal research analyst [...]

Apple iPhone is not doing as bad as the reports suggests, Apple sold 17.7 million iPhones in US during the fourth quarter of 2012 according to a from report from Strategy Analytics’ Wireless Device Strategy Samsung,came second at 16.8 million mobile phones in the same quarter. 52 million phones were sold in the U.S. between October and December. Of the 52 million phones sold, two out of every three [...]

Blackberry maker Research in Motion dumped their name and picked up the brand name which made took them to the pinnacle of mobile success, they’ve chosen to change their name and branding to reflect who they really are, they will be known simply as “BlackBerry” going forward. BlackBerry says it says will put the company on the comeback trail in a market it once dominated, promising its BlackBerry [...]

Apple maybe planning to introduce a smaller Apple TV according to some FCC documents first spotted by Engadget,  which reveals that Apple has been working on an updated Apple TV device with a slightly smaller casing. 5 millimeters smaller (0.2”) on each side. This news will come up as a disappointment to anyone who has been hoping for a full-blown Apple TV set. Apple likely accomplished the shrinkage [...]

Surprise, Huawei had the third largest market share in the global smartphone industry in the fourth quarter. While the Chinese manufacturer trailed Samsung and Apple, it did unveil the Huawei Ascend P1 S, which has a 6.68mm thin design to be the thinnest smartphone made. Huawei held a 4.9 percent marketshare based on unit shipments. This is much less than the 29 percent chunk held by Samsung and Apple’s [...]

Apple presented its quarterly earnings report for Fiscal Year 1, 2013 and the company has reported a precedent $54.5 billion in revenue for the quarter ending December 29, 2012. As a result, Apple  shares fell by as much as 12 percent on Thursday, staging their biggest percentage drop in over four years and slicing more than $50 billion from the company’s market value. Apple’s shares slid to [...]

Nokia recorded  profit of €439 million ($585 million) in the fourth quarter of 2012, according to recently released financial reports. Full year results for 2012 saw that the losses in previous quarters still puts the company at an overall loss of €2.3 billion ($3 billion), despite the Lumia-based sales uptick seen in the last quarter. Nokia says it sold 4.4 million Lumia devices, up from 2.9 [...]

Google today released Q4 2012 earnings, last quarter it made US $14.42 billion in consolidated revenues, up 36 percent from last year, and $2.89 billion in net income. Consolidated revenues would have been $15.24 billion had Motorola Home been included. “We ended 2012 with a strong quarter,” said Larry Page, CEO of Google. “Revenues were up 36% year-on-year, and 8% quarter-on-quarter. And [...]

To address reports of declining Instagrammers  due to the privacy policy changes started, Instagram has announced 90 million users are now active on the mobile photo sharing service per month. This is the first time that official numbers were released  after being acquired by Facebook last year. According to AllThingD, these numbers show a significant growth for the Facebook owned company, given [...]

Dell, is considering going private and is in buyout talks with at least two private equity firms according to Bloomberg. Dell has lost over 33% of it’s value in the past year. Dell’s profits were down 34% year-over-year, revenue went down 7% year-over-year. “Tablets have dramatically changed the device landscape for PCs, not so much by ‘cannibalising’ PC sales, but by causing [...]