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.
You might have been distracted by Microsoft's colorful glossy Nokia X2 reveal, but Huawei will grab your attention with its somewhat strangely named Honor 6 flagship. Aside from sporting what is touted to be a processor as fast as Qualcomm's beasts, this smartphone boasts of a incredibly thin bezels that give more space to the device's screen. That screen measures 5.
IBM just reported its quarterly earnings and it's full of good news. It reported darnings per share of $4.32 and revenue of $24.36 billion. That's a beat, all the way around. Wall Street analysts expected $4.29 cents EPS on $24.12 billion in revenue. The expectations for revenue were modest, a 3% decline. IBM still reported a decline, but of only 2%.
billion (57.1 billion RMB) billion (57.1 billion RMB) , as the Singles' Day shopping event went multinational for the first time. That means Alibaba was selling goods at an average rate of around $388 million an hour.Every year Alibaba makes November 11 a huge event on the retail calendar by holding the world’s largest 24-hour online sale.
LG is having a bang up year so far in 2014. The company reported massive increases in profits in Q2 of the year thanks to 14.5 million smartphones shipped pushing net profits up 165%. LG has now reported its Q3 earnings and it has had another bang up quarter with record smartphone shipments.
Square, the San Francisco e-commerce start-up, plans to raise at least $100 million in a new round of venture capital funding, according to a person briefed on the investment.The new round of financing would value the San Francisco-based start-up at $6 billion, said the person, who spoke on the condition of anonymity because the talks were private.
What is a flagship? For some companies, it's about cramming as many features into a device as physics allows. For Huawei, it means something else entirely: Though it creates smartphones for the power-hungry crowd, its most eye-catching devices typically favor mass appeal over brawn. Exhibit A: theAscend P7, a smartphone that emphasizes design and user-friendliness over a blowsy spec sheet.
Nintendo may have stopped its sharp fall. To start climbing again, the video game company is expanding its playbook, Gregory Schmidt reports.On Friday, Nintendo is releasing two products. One, the video game Super Smash Bros., follows the company’s traditional strategy of updating a top-selling franchise for a next-generation console.
Samsung reportedly sold 40-percent fewer Galaxy S5 smartphones than the company had expected, a huge and unexpected drop versus the previous Galaxy S4, leaving handsets piled up in warehouses and putting executives at risk.
Spotify uses flashbacks to tell a girl's story of her teenage cheerleading team and their secret "Toilet Paper Committee." The TPC put on bandannas and war paint, pile into a car with mass amounts of toilet paper, and find the best houses to hit.Music streaming service Spotify is taking competitors Pandora and iTunes Radio head-on with the release of its first US TV ad campaign.
Earlier this month, Samsung warned investors not to get their hopes up. For the September quarter, Samsung indicated that profits were likely to be 60% lower year over year. True to form, Samsung earlier this week released its earnings report and the results were as grave as the company anticipated.
There's been a few signs that not all is well in Samsung's mobile division, with the company pledging to makefewer new devices, as well as its chieftaking a pay cut. If theWall Street Journalis to be believed, the cause of this unrest is all down to faltering sales of theGalaxy S5, which has apparently sold four million fewer phones than its predecessor.
BERLIN — The holiday shopping season is still months away. But the world’s technology giants are already trying to position their latest smartphones, televisions and other devices for their annual push to consumers around the globe.
Steyer and his wife, Kat Taylor, were hosting the dinner for a non-profit that was trying to raise money.this guy is different than the average entrepreneur." He thought Tetrick had "incredible charisma." Shortly after that meeting, he visited Hampton Creek, and he says he felt even stronger about Tetrick and the company.Is a pretty awesome addition for us," says Tetrick.
Uber keeps 20% of every transaction, which means Uber will be netting about $2 billion on $10 billion gross revenue.What's more, most of Uber's revenue comes from 10 of its earliest cities, including San Francisco and New York. When its other 140+ cities mature, you can imagine that $10 billion revenue figure multiplying quickly.
Shanghai (AFP) - Alibaba said $2 billion of goods were sold in the first hour of its Singles Day shopping bonanza in China Tuesday, maintaining the day's dominance as the world's biggest retail event as it went global for the first time. The ecommerce giant said that amount was more than a third of the $5.8 billion full-day sales recorded on the same day last year.