India Exclusive Apple Stores

Apple is building stores in India just for iPhones and iPads

By about 1 hour ago.

Apple is building stores in India just for iPhones and iPads

Apple is planning to open stores in India which will only sell iOS devices following significant growth in sales of the iPhone and iPad over the past several years. Our sister site BGR India reports that the exclusive stores will contain three weeks worth of supply once they’re up and running and should require just 3-4 employees to operate, including a store manager, an iOS promoter and one or two sales managers. Apple will also take on 50% of the cost for the 10-15 demo units required to appear at each location. More →

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BBM Download

BlackBerry stock is up 100% since Christmas, even as BBM grows weaker

By about 2 hours ago.

BlackBerry stock is up 100% since Christmas, even as BBM grows weaker

BlackBerry is up more than 5% on Thursday, buoyed by the CEO’s comments about partnerships that might mirror the recent Apple-IBM pact. That Apple-IBM alliance was seen by some as a fatal blow to BlackBerry, since it gives iOS another boost in the enterprise market. But BlackBerry has recently started resembling a mythical Canadian beast that absorbs fatal blows with polite disinterest, growing only stronger as its prospects weaken. More →

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Apple Future

WTF of the week: Apple could be ‘obsolete’ in 2-3 years

By about 4 hours ago.

WTF of the week: Apple could be ‘obsolete’ in 2-3 years

At some point in the future, Apple will no longer be the consumer technology giant it is today. It will become obsolete. Its products will no longer be trendy. Other companies will innovate and drive Apple out of markets it had once dominated. It’s inevitable. It might happen in 10 years or it might happen in 100 years, but it will happen. One of the few things we can safely assume, however is that it will not happen in the next 2-3 years — unless you’re Pedro de Noronha, managing partner at Noster Capital. More →

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Apple iBeacon Advertising Stats

Apple’s iBeacons are paying off for advertisers in a huge way

By on July 23, 2014 at 5:25 PM.

Apple’s iBeacons are paying off for advertisers in a huge way

There was a great deal of interest surrounding Apple’s iBeacons when they launched alongside iOS 7 late last year, but as they are still in the initial stages of deployment, we haven’t seen much data regarding their effectiveness. Advertisers claimed that the potential for iBeacons as a new platform was vast, and now we’re finally beginning to see the results. 9to5Mac shares a report from InMarket, a company currently installing iBeacons in grocery stores, which illustrates the point of the advertisers perfectly. More →

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AT&T Earnings Q2 2014

AT&T beats estimates in Q2, adds 700,000 net new smartphone subscribers

By on July 23, 2014 at 4:05 PM.

AT&T beats estimates in Q2, adds 700,000 net new smartphone subscribers

Following the solid quarter Verizon posted on Tuesday, AT&T on Wednesday reported its results for the second quarter. Wall Street was expecting a slight on-year decline in EPS, with consensus earnings of $0.65 seen on revenue totaling $33.22 billion, an improvement over the $32.1 billion in sales it posted in the June quarter last year. The numbers are now in, and AT&T beat expectations, having reported earnings of $0.68 per share on revenue of $32.6 billion. More →

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Apple Earnings Q3 2014

Apple posts monster Q3 profit on $37.43 in revenue, beats estimates

Apple posts monster Q3 profit on $37.43 in revenue, beats estimates

By on July 22, 2014 at 4:31 PM.

Apple’s stock has been soaring lately, up more than 24% over the past three months. Shares took off in late April when Apple announced a 7-for-1 split that would take place in early June, and the stock has kept climbing gradually ever since, inching closer to an all-time high that now sits just north of $100 after adjusting for the split. And if Apple managed the blowout quarter some industry watchers are expecting it to report on Tuesday afternoon, $100 might not be far behind. More →

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MIcrosoft Earnings Q4 2014

Microsoft misses Q4 estimates with earnings of $0.55 per share on $23.38 billion in sales

By on July 22, 2014 at 4:04 PM.

Microsoft misses Q4 estimates with earnings of $0.55 per share on $23.38 billion in sales

Microsoft posted strong fiscal third-quarter earnings back in April, which helped carry the positive sentiment we’ve seen since Satya Nadella took over as CEO. Shares are now up about 12% over the past 12 months, having been given an extra boost when news leaked that Microsoft plans to eliminate 18,000 jobs, 12,500 of which will come from the Nokia devices and services business that Microsoft acquired recently. More →

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Verizon Earnings

Verizon reports solid Q2 results as tablets offset slowing smartphone sales

By on July 22, 2014 at 7:50 AM.

Verizon reports solid Q2 results as tablets offset slowing smartphone sales

Verizon on Tuesday posted second-quarter results that topped Wall Street’s expectations as huge tablet sales offset the continued decline of cell phone contract additions. Verizon posted earnings of $1.01 per share, or $4.34 billion in profit, which is down significantly from the $5.2 billion profit it recorded in the year-ago quarter. Revenue climbed nearly 6% to $31.48 billion, however. The nation’s top carrier only added 304,000 net new cell phone subscribers in the quarter, but 1.15 million new tablet additions certainly helped to bolster the company’s results. More →

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Verizon Smart Rewards Program

Verizon’s new loyalty program will reward subscribers with big discounts

By on July 21, 2014 at 8:05 PM.

Verizon’s new loyalty program will reward subscribers with big discounts

Verizon announced on Monday that it would be initiating a loyalty program dubbed Smart Rewards later this month. With Smart Rewards, Verizon subscribers will be able to earn points by completing various actions, such as logging into their online account, paying their bills, using the Verizon Trade-In program and choosing paperless billing. More →

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Samsung Smartphone Sales

Weak phone sales prompt Samsung’s handset bosses to give back some of their bonuses

By on July 18, 2014 at 8:30 AM.

Weak phone sales prompt Samsung’s handset bosses to give back some of their bonuses

Samsung recently pre-announced second-quarter earnings that badly missed analysts’ consensus. More importantly, of course, Samsung’s profit plummeted to its lowest point in two years. The tech giant’s poor performance was attributed to weakening smartphone sales that have slowed as competition increased at the low end, and we also learned recently that Samsung’s new flagship Galaxy S5 couldn’t even top sales of Apple’s iPhone 5s during its first full month of sales.

According to a new report, Samsung’s weakening phone sales have prompted hundreds of managers in the company’s devices division to give back part of their first-half bonuses. More →

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Google Samsung Fight on Wearables

Google and Samsung again at odds, this time over products you don’t really want

By on July 18, 2014 at 6:40 AM.

Google and Samsung again at odds, this time over products you don’t really want

Many reports have detailed an unfriendly relationship between Google and Samsung in the past, even though the two companies denied such reports every chance they got. In a surprising move in early 2014, the two parties signed a deal which should have further cemented their business partnership. In a recent extended profile piece on Sundar Pichai, one of Google’s current top execs, Bloomberg Bussinessweek detailed the tensions that existed between the two giants, over various aspects of their joint business efforts, with Pichai playing a key role in “fixing” the problem. However, The Information revealed on Thursday that Google and Samsung are still far from being as happy together as they claim to be.
More →

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Why Is HTC Struggling

Despite making killer phones, HTC has been an ungodly mess for the past two years

By on July 17, 2014 at 10:00 PM.

Despite making killer phones, HTC has been an ungodly mess for the past two years

Is there any company that so regularly releases great products while also regularly being in the midst of turmoil as HTC? Engadget’s Brad Molen has written a comprehensive timeline of major executive departures at HTC over the past two years and they show how HTC has faced constant turnover at key positions without showing any signs of stabilizing anytime soon. More →

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