Huawei's annual earnings report is out and it's a mixed bag, since while turnover increased by 11.7 percent to 203.9 RMB ($32.3 billion), profits plummeted 53 percent to 11.6 billion RMB ($1.8 billion). Revenue from overseas sales (138.
Despite a supposedlyweakPC market, Lenovo doesvery well, thank you. It's trying to sprinkle the same golden dust on to its latest acquisition, Motorola, and appears to be succeeding. Sales for the iconic brand areup 118 percentover last year to $1.9 billion (with more than 10 million units shipped).
In China, though, Apple has found success by following one, Brian X Chen reports.For years, Apple rivals like Samsung offered large-screen smartphones. Although the bigger phones sold well in China, Apple held off on releasing a similar model, and the country remained a weak spot. But Apple introduced its own versions last September, and now the sales spigot is wide open.
When Apple reported a record-shattering profit of $18 billion last month, the company said its growth came largely from sales in greater China. This week, some research firms gave a clearer picture of just how big Apple has become in China.
Lenovo has posted its Q3 2014 earnings, and in it we see some good news tempered by a few hiccups. Revenue for the quarter ending on December 31 saw a 31-percent year-on-year increase, hitting $14.1 billion.
Sony’s latest earnings report wasn’t bad news, as you might have expected. In fact, it was their best earnings announcement in quite some time, even with the crippling hack, which cost them $15 million. Across the board, Sony was up, and shipped more Xperia smartphones than they ever have, and moved a lot of PlayStation 4s. Sony also experienced growth in sales of sensors.
The company said it expects sales of between 51 trillion and 53 trillion won ($46.4 billion to $48.3 billion) and operating profit of 5.0 billion to 5.4 billion won ($4.55 billion to $4.92 billion).That would be a drop of about 12% in revenue and 37% in operating profit.We'll get more details when Samsung reports earnings later this month.
HONG KONG — After a rough few months, Sony got some relief Wednesday as net profit almost doubled analysts’ expectations and the company reduced its loss projections for the year, Paul Mozur reports.Not all the news was good, though. Sony, the Japanese electronics maker and media company, said that it would lay off 2,100 employees in its struggling mobile communications unit by March 31.
But focusing on market share misses why the iPhone has become so integral to Apple's business.Apple sold 75.4 million iPhones over the holiday quarter, the company announced last week . That makes a total of more than 192 million sold for the year. That sounds like a lot, but Android dwarfed Apple with over a billion smartphone shipments in 2014, according to a Strategy Analytics report .
T-Mobile kicked off 2014 bycrashing an AT&T party, and finished it with "our best year in company growth ever," according to CEO John Legere. To be exact,it added8.3 million new customers over the year, including a million "postpaid," clients in the last quarter of 2014.
The smartphone era will never come to an end. This isn’t just my prediction but I think even if tablets and wearables become popular, the smartphone will be a standard mobile device more than the two. Laptops are more preferred now over desktop computers. However, tablets are more preferred over laptops.
It's easy to be negative about Android's outlook these days. Apple just posted, largely on the back of runaway iPhone sales. And Google facesDespite this, new figures show that Android's mobile operating system (OS) isn't going anywhere, at least not soon.
HONG KONG — The light at the end of the tunnel may finally be coming into focus for Sony.The beleaguered Japanese electronics maker said on Wednesday that it would aim to achieve 500 billion yen, or about $4.2 billion, in annual operating profit by the fiscal year that ends in March 2018, a huge jump from the 20 billion that it has forecast for the current year.
Analysts at Macquarie Research believe that about 50% of people in the United States will be members of Amazon's Prime subscription service by 2020.Prime costs $99 a year and gives customers free, two-day shipping on millions of items, as well as access to of thousands of free TV shows, movies, music, and books and unlimited cloud storage for photos.
At Wikinvest, which got renamed Sigfig, we were constantly just two or three months away from not being able to make payroll. We constantly pivoted, two or three times."At the age of 34, Parker Conrad's life has been so fantastical, so filled with highs and lows, that it sounds like a made-for-TV movie.
Tech-savvy users may have already come acrossTouchPalwhen trying different keyboards on Android andiOS 8(and maybe evenWindows 8), but it looks like a whole lot more people will be introduced to it soon.
Google may be partnering with Chinese smartphone maker Huawei for its next Nexus phone, according to analyst Kevin Yang, iSuppli's director of research ( via CNET ). Yang wrote on Chinese social network Weibo that Google had chosen Huawei as its hardware partner, according to tech site GizmoChina .
Sony 's appetite for struggling through the cutthroat smartphone and TV segments may have finally faded, with the company's chief exec saying he will no longer chase sales growth, and is open to spinning-off each.