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APPLE Faces First Profit Drop in Decade; IPhone Slows Apple Inc. Chief Executive Officer Tim Cook is feeling the heat. Eighteen months after taking over from Steve Jobs, Cook is facing rising production costs, competition from Samsung Electronics Co. and slowing growth in smartphones, threatening profits for the world’s most valuable company. An earnings report tomorrow may show that fiscal first- quarter net income slipped 2 percent to $12.8 billion, or $13.48 a share, according to analysts’ estimates compiled by Bloomberg. [...] from Bloomberg: Apple Inc. Chief Executive Officer Tim Cook is feeling the heat. Eighteen months after taking over from Steve Jobs, Cook is facing rising production costs, competition from Samsung Electronics Co. and slowing growth in smartphones, threatening profits for the world’s most valuable company. An earnings report tomorrow may show that fiscal first- quarter net income slipped 2 percent to $12.8 billion, or $13.48 a share, according to analysts’ estimates compiled by Bloomberg. That would be the first drop since [...] SEOUL, Sept. 12 (Yonhap) — Sales of Samsung Electronics Co.’s latest mobile gadget, the Galaxy Note 2, are likely to be more than two times its previous model, the Galaxy Note 1, a company official said Wednesday. “Sales may grow more than two-fold (compared with the previous model),” Shin Jong-kyun, the head of Samsung’s IT and mobile unit, was quoted saying in media reports. The Galaxy Note 1, released in November, [...] A verdict was reached Friday in the epic smartphone patent infringement case involving Apple and Samsung and will be announced soon, court officials said. The verdict in the complex case came after the nine-member jury began deliberations on Wednesday. Apple Corp. filed its lawsuit in April 2011 and engaged legions of the country’s highest-paid patent lawyers to demand $2.5 billion from its top smartphone competitor. Samsung Electronics Co. fired back with its [...] Amazon.com Inc. (AMZN) is developing a smartphone that would vie with Apple Inc. (AAPL)’s iPhone and handheld devices that run Google Inc. (GOOG)’s Android operating system, two people with knowledge of the matter said. Foxconn International Holdings Ltd. (2038), the Chinese mobile- phone maker, is working with Amazon on the device, said one of the people, who asked not to be identified because the plans are private. Amazon is seeking to complement the smartphone [...] While this may be a next step in technology, opinions show that OLED screens do not show colors as true as LCDs. It will be interesting to see how much traction this gets. via Bloomberg: Samsung Electronics Co. (005930), Asia’s biggest electronics maker, aims to start selling televisions using organic light-emitting diodes in the second half as it seeks to gain leadership in the next-generation TV market. Sales will start in South Korea before global shipments [...]
(Reuters) – Apple Inc’s new iPhone will have a sharper and bigger 4.6-inch “retina” display and is set to be launched around the second quarter, a South Korean media reported on Thursday. Sales of the iPhone, first introduced in 2007 with the touch screen template now adopted by its rivals, account for around half Apple’s total sales. Apple has decided on the bigger 4.6-inch display for its next iPhone and started placing [...] From Bloomberg: Elpida (6665) Memory Inc., the last Japanese maker of computer-memory chips, filed for the nation’s biggest bankruptcy in two years after semiconductor prices plunged and it failed to win a second government bailout. Elpida, unprofitable in each of the past five quarters, had liabilities of 448 billion yen ($5.5 billion), according to a filing with Japan’s finance ministry today. The maker of dynamic random access memory, or DRAM, chips will [...] By LORRAINE LUK TAIPEI—Apple Inc. has placed orders for key components used in a next-generation iPhone it is preparing to launch sometime in the third quarter, according to people familiar with the situation. According to some suppliers of components to Apple, the new version of the iPhone is expected to be thinner and lighter than the iPhone 4 and sport an 8-megapixel camera. One person said the new [...] Apple Inc. (AAPL) plans to introduce a new iPhone in September that boasts a stronger chip for processing data and a more advanced camera, according to two people familiar with the plans. The device will include the A5 processor, the more powerful chip that Apple added to the iPad 2 earlier this year, along with an 8-megapixel camera, up from the 5-megapixel model in the iPhone 4, said the people, who [...] Apple Inc. (AAPL) plans to introduce a new iPhone in September that boasts a stronger chip for processing data and a more advanced camera, according to two people familiar with the plans. The device will include the A5 processor, the more powerful chip that Apple added to the iPad 2 earlier this year, along with an 8-megapixel camera, up from the 5-megapixel model in the iPhone 4, said the people, who [...] Google Inc. previewed the first laptops running the company’s Chrome operating system, machines that will go on sale next month as part of the Internet giant’s challenge to Microsoft Corp.’s Windows franchise. The computers, unveiled at a Google conference for software developers in San Francisco, are dubbed “Chromebooks” and use operating-system software that is based largely on Google’s Chrome Web browser. The first models will be manufactured by Acer Inc. at a price of [...] |
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