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Technology giant Apple reported record quarterly results and smashed market forecasts by selling 37 million iPhones globally in the final three months of last year – a performance which investors dubbed “just unimaginable”. Year-on-year first-quarter profits more than doubled to $13.1bn (£8.4bn), resulting in the firm’s share price going up by as much as 12 [...]
(Read More)28th Dec 11
Mobile consumers snap up bargains
by Natasha Redman
Bargain hunters have taken advantage of mobile shopping, with retailers reporting a large increase in consumers using smartphones to check prices and snap up sales online. Mobile traffic to John Lewis’s online clearance sale has jumped by 119 per cent in comparison with levels seen last year and the amount of money spent online from [...]
(Read More)20th Dec 11
BT sues Google over Android
by Katie Naylor
British Telecom is suing Google for billions of dollars because the web search giant’s operating system Android allegedly infringed six of its patents. The lawsuit, which was filed in the US state of Delaware, is the most recent in a series of actions against Google regarding claims of intellectual property breaches, and a further indication [...]
(Read More)21st Oct 11
Nokia beats forecasts by selling 107 million phones
by Paul Russell
The world’s largest phone manufacturer by volume, Nokia, have announced sales of 107 million handsets during the third quarter, beating forecasts and providing a temporary respite to one of the most dramatic declines in market share experienced at a technology company. The Finnish group announced that operating losses had shrunk from €487m (£425m) during the [...]
(Read More)18th Oct 11
Sales of the Apple iPhone 4S on target for gadget world record
by Paul Russell
Apple has already sold over four million of its iPhone 4S smartphones, just three days since the product launched, with handsets purchased at a speed which is likely to break the record for the quickest selling consumer electronics gadget in the world. The current record was set when the iPad 2 sold a minimum of [...]
(Read More)7th Oct 11
Tributes pour in for Steve Jobs
by Adam Richards
World and business leaders have led the tributes to the co-founder of Apple, Steve Jobs, who died yesterday at the age of 56 following a long fight with pancreatic cancer. Both US President Barack Obama and his Russian counterpart Dmitry Medvedev heaped praise on Mr Jobs, saying he had changed the world. Facebook founder Mark [...]
(Read More)5th Oct 11
Apple launches iPhone 4S as Steve Jobs passes
by Sally Davies
Apple unveiled a faster and slimmed-down version of the iPhone 4, the iPhone 4S, as newly appointed chief executive Tim Cook tried to nail down its position as the largest phone maker in the world and co-founder Steve Jobs finally lost his battle with cancer at the age of 56. The new product is expected [...]
(Read More)27th Sep 11
Samsung and Apple involved in more patent wars
by Harry Oldfield
Samsung and Apple are once again in the courts in their continuing, tit-for-tat war. On Monday the companies appeared before judges in the Netherlands and Australia, each requesting that the other’s products are banned from sale. In Sydney, Apple’s lawyers alleged that Samsung’s Galaxy Tab infringed patents which related to its touchscreen interface. Meanwhile, Samsung [...]
(Read More)29th Aug 11
New Apple chief executive set for shareholder revolt
by Katie Naylor
Tim Cook, the new boss of Apple, is expected to have to face a shareholder’s revolt at his first annual meeting as the company’s chief executive. US pension fund Calpers opposes the system used for electing directors and therefore is likely to heap pressure on to the revamped board at the meeting in February. Mr [...]
(Read More)25th Aug 11
Steve Jobs resigns as boss of Apple
by Adam Richards
Steve Jobs has resigned as chief executive of Apple and put business he founded 35 years ago into the hands of new management as he finally succumbed to health problems which have troubled him for years. Although Jobs will keep the chairman title and stay on as an adviser, he has given day-to-day control to [...]
(Read More)