Quarterly financial results: Apple reports record profits

Posted on Oct 22, 2008 07:16:28 AM

World economic woes? No problem! With over $1 billion profits, Apple shrugs off the world’s economic worries and posts one of its best quarters ever. According to Apple, soaring sales of iPhones and Macs played a key role in this success.

“We have succeeded to sale more phones than RIM and it is, indeed, one of the best quarters in Apple’s history.” A happy Steve Jobs crowed announced.

The company reported $1.14 billion 3Q profit on almost $8 billion sales, which shows an income of $1.26 per diluted share of stock.

Mac computers came forward as a big seller with 21% more units’ sale than the same period during last year. Similarly, iPod saw 8% increase in sale compared to the same period of last year.

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Android G1 is due in next two weeks

Posted on Oct 17, 2008 07:49:00 AM

T-Mobile’s G1 that will first show off much awaited Android OS will be available in the UK in next two weeks (most probably from 30 October).

Only in UK, there are more than 25,000 per-orders for the G1 and some analysts predicts that that demand for the handset will exceed a lot in other parts of the world as well.

According to some estimates, more than 600,000 T-Mobile G1 handsets that have been manufactured by HTC will be sold till the end of this year and it will outshine the level of demands for the first Apple iPhone.

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Amazon UK will launch its MP3 store next month.

Posted on Sep 18, 2008 03:28:46 AM

Ahead of its MySpace link-up and 7Digital sarcastic war of word, Amazon UK has now decided to uncover its MP3 music store next month.

A report in New Media Age tells that the online electronics retailer will start its music service in October. It’s, indeed, quite delightful for music labels who consider that Apple’s iTunes service has a monopoly on web music downloads.

On yesterday, 7 digital announced that it has become the first online store in the UK to offer 100% MP3 tracks for UK audience. In a statement, 7digital’s CEO said that he was happy about Amazon joining of the music download brigade as it would help to open up the MP3 market. Read the rest of this entry »

Screw Loose: Sony recalls thousands of Vaios laptops in the US

Posted on Sep 7, 2008 10:04:26 PM

Sony has announced to recall around 73,000 Vaio laptops in the US, but according to some reports the number of these laptops may be as many as 440,000. Consumer Product Safety Commission (CSPC) will co-operate with Sony in this connection.

These laptops have been found with a problem that may cause overheating and short-circuit which increase the risk of its operator being burned. So far, one minor burn and 15 overheating complaints have been found.

VGN-TZ100, TZ-200, TZ-300 and TZ-2000 are among those four Vaio models that have the problems and they were sold during July 2007 to August 2008. Read the rest of this entry »

Next Generation iPhone

Posted on Feb 19, 2008 07:13:31 AM

Apple had made a plan to introduce a software kit that will allow cellular phone users to create legitimate applications for their iPhones. This newly developed software can make the iPhone more appealing to a lot of people, particularly the cell phone fanatics. With this new software kit from Apple, legitimate add-ons can be downloaded to the iPhone.

Currently in the cell phone market, Apple’s iPhone has everything that a person could ever want in a mobile phone. It features software that can easily be learned, sleek design and intuitive interface. It has state-of-the art features that make it a desirable gadget for any cell phone savvy.

However, new software kit developed by cell phone geeks had hacked the iPhone image. Add-ons that allow instant access to Blockbuster Online DVD Queue and pocket guitar that maximizes the use of the iPhone’s touch screen features had been crafted. Another possible feature of this software is that people will have the access to unlock the iPhone from AT&T to make it work on other cell phone networks. These hacks had been developed without Apple’s technical assistance and provisions.

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Palm Looses to BlackBerry’s RIM

Posted on Dec 25, 2007 05:34:39 AM

Smartphone market feels upheavals with ‘Palm’ that is losing ground. “Research In Motion’s” profit has scored two times profit on the other side. The company published its quarterly earnings this week. This turned market scenario paints a clear picture of what mobile users are demanding and what doesn’t work for them as much anymore.

RIM

Palm’ reported a quarterly loss of $9.63 million this second quarter, compared with a $12.8 million profit a year earlier. The company’s revenue went down by 11%, and Palm’s stock fluctuated heavily.

The company hopes that the ‘Palm Centro’ and the introduction of more ‘Windows Mobile-based Smartphones’ will be its ticket to recover the revenue jolts.

“We are pleased with the early success of the ‘Palm Centro’ and intend to deliver more Windows Mobile and Palm-based products throughout the next year”, said Ed Colligan, Palm’s president and CEO.

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