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%.
PARIS – Huawei is taking another run at the global smartphone dominance of Apple and Samsung.On Wednesday, Huawei, already the third largest smartphone maker, introduced its latest phone, called the Ascend P7.
LONDON – All is not well in the land of Angry Birds.On Monday, Rovio, the Finnish gaming company behind the once-popular franchise, announced a more than 50 percent drop in its 2013 net profit, to $37 million, compared with the previous year.
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.
The latest IDC quarterly update has arrived. This time around we are seeing details on smartphone shipments from the first quarter of 2014 and it looks like Samsung has remained firmly in the top position. In fact, Samsung is shown as having 30.3 percent of the market share. That equates to 85 million in terms of shipments.
SAN FRANCISCO (AP) — Facebook CEO Mark Zuckerberg reaped a $3.3 billion gain last year by exercising stock options in the social networking company that he founded in a Harvard University dorm room. The windfall saddled Zuckerberg with a huge tax bill, even though he limited his Facebook salary to just $1, according to regulatory documents filed Monday.
Ren Zhengfei might seem to us like a man of mystery; a quintessential "elusive figure" about whom we know very little beyond the facts that he foundedHuaweiand has had some (partly refuted) connections to the Chinese Communist Party.
SAN FRANCISCO — Lookout, the mobile security company, will announce on Thursday that it is bringing in a new chief executive.Jim Dolce, a Silicon Valley veteran, will take over the leadership role.John Hering, the company’s co-founder and current chief executive, will become executive chairman — an “extremely active executive chairman,” Mr.
Enterprise startup Zendesk is moving full-speed ahead toward its IPO, even though investors have cooled towards cloud companies in recent weeks. Zendesk has not set a date for its first day of trading on the public markets, but it just priced its shares, according to documents filed with the SEC . It plans to sell over 11 million shares at $8 to $10 a share.
To no one's surprise, Google -- the company that builds everything from web email services toself-driving cars-- has once again climbed therevenue charts. Today in its quarterly earnings report, the Mountain View company reported it's raked in $15.96 billion in revenue this quarter, which is about a 22 percent growth year-over-year.
At this point we could say HTC is used to losing money. They make great devices and yet the are unable to turn profit by selling them. Q2 was finally a successfulquarterfor the company, they turned first profit this year.
HP CEO Meg Whitman is trying a daring new idea to grab more business in the server industry while its biggest competitor, IBM, is wobbly in that market. HP will create a new line of inexpensive servers with the Chinese company known for building iPhones, iPads and other consumer devices: Foxconn, the companies announced today.
$15.78 per share. Today, it's at $36. Here's how he got to his total:Steven Davidoff at The New York Times took a look at Marissa Mayer's pay package as CEO of Yahoo, and came away with a rather stunning conclusion. Mayer's pay from Yahoo has totaled an estimated $214 million . Mayer's pay package comes via stock grants and options.
20 billion photos since it launched back in 2010 That means WhatsApp handled more messages in one day than Instagram users have shared photos over the course of four years. That's 2.6 billion messages per hour, or 44.4 million messages per minute, or 740,000per second.Portio Research says 8.6 trillion text messages were sent globally in 2012. That's 23.6 billion per day.
Facebook is the latest tech company to reveal its diversity numbers, and in the report we see a familiar picture: a workforce composed primarily of white males, with there being some categories where the numbers even out into a somewhat more diverse picture. Said the social network today, "As these numbers show, we have more work to do -- a lot more." The numbers, as mentioned, are broken down into different categories.
So the Apple/Beats deal is done. But, what most people really want to know is "why?" We got anofficial answersurprisingly quickly. But, let's face it: Ofcoursethe execs are going to wax lyrical about how important music is to the brand and spew other such meaningless soundbites. The only reason a company buys another is to make more money.