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Galaxy phones power Samsung to record $5.2 billion profit
SEOUL - Samsung Electronics made a record $5.2 billion profit in the first quarter, overhauling Nokia as the world's top mobile phone seller, and its Galaxy smartphones outstripped Apple's iPhone at the high end of the market.
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Amazon soars as digital sales boost margins
Shares of Amazon.com Inc rose 16 percent in premarket trading on Friday, after the world's largest Internet retailer reported a surprise increase in gross margins, prompting a slew of price target increases by analysts.
Amazon's streak of Fire ignites shares
Amazon.com Inc's quarterly results beat Wall Street's most bullish expectations as heavy spending by the world's largest Internet retailer began to pay off through sales of more digital products on its new Kindle Fire tablet.
Acer upbeat on outlook despite challenges ahead
TAIPEI - Taiwan's Acer Inc gave an upbeat outlook for the second half, betting on the launch of Microsoft's new Windows system and more slimline ultrabook computers as it continues to recover from a series of losses and a management shakeup.
Forrester CEO Says Rudderless Apple will 'Decelerate,' Tim Cook is 'Mismatch': Why?
According to Forrester Research CEO George Colony, Apple's best days are behind it - from now on, it will just be downhill. Colony believes Apple, without Steve Jobs, is essentially rudderless, heading towards mediocrity.
Apple's growth hinges on China, new devices
SAN FRANCISCO - Sometimes even eye-popping results are not enough. Apple Inc's shares rallied on Wednesday on the back of another spectacular quarter that included soaring iPhone sales in China, but the naysayers are still asking if the most valuable American company might need yet another revolutionary product in the next year to sustain its sizzling growth.
HP Boosts Desktop PC Lineup with New Ivy Bridge Processors
On Tuesday, April 24, Hewlett-Packard (HP) announced it has six new desktop PCs featuring Intel's new 22-nanometer Ivy Bridge processors. Among the new desktops featuring Intel's third-generation Core, are several all-in-one PCs set to hit stores on June 24, and one that will arrive on April 29, Ivy Bridge's official availability date. The desktop rig to arrive at the end of the month is HP's top-of-the-line Pavilion HPE h9t Phoenix, which will cost $1,149.
iPhone Demand Makes Apple Q2 Profit Zoom 94 Pct: Hello, Growing Concerns?
Apple's dominance in the mobile market continued to surge in the first three months of the year, with record iPhone and iPad sales, particularly in China. During an earnings call with analysts on Tuesday, April 24, Apple reported a profit of $11.6 billion on revenue of $39.2 billion in the quarter ended March 31.
Flashback Trojan Has Infected One in Five Macs: Real Deal or Rumor?
According to a recent survey by security software vendor Sophos, 20 percent of Macs carry Windows malware and 2.7 percent carry Mac malware. Bottom line, one in five Macs is infected.
Apple Tim Cook Disses Macbook-iPad Hybrids: 'Those Things Won't Please User'
The idea of a MacBook-iPad hybrid device may seem appealing to some, but not to Apple CEO Tim Cook. On Tuesday, April 24, during Apple's earnings conference call with analysts, Cook dismissed this idea as a "compromise" to the end user.
New MacBook Pro May Boast of Liquidmetal Chassis, Quad-Core Ivy Bridge Chip
Rumors continue to suggest that the next round of MacBook Pros will launch with Ivy Bridge internals. And, as rumored for the iPhone 5, the laptops could also feature Liquidmetal technology.
Apple May Pull the Plug on 17-inch MacBook Pro Soon: Why?
Weak 17-inch MacBook Pro sales may be enough of a reason for Apple to drop the model, which retails from $2499. According to KGI Securities analyst Ming-chi Kuo, Apple may stop selling 17-inch MacBook Pro as soon as the new line of MacBook Pros hit the market.
Apple May Lose iPad Trademark Battle Against Proview: Chinese Govt Official
Apple is in some serious problems, as the company's chances of winning the iPad trademark battle against ProView is looking slim. After senior official Fu Shuangjian, China's deputy director of State Administration for Industry and Commerce (SAIC) mentioned that Apple does not own the iPad trademark in China, you have the feeling Apple will be forced to pay ProView millions, if not billions, to settle the case outside of court. However, knowing Apple, the company will continue to contest ProVi...
