Apple reaffirmed support for AppleTV after announcing first quarter sales of the digital media receiver were three times higher than for the same period last year.
Presenting its Q1 financial results, Peter Oppenheimer, Apple’s senior vice president and chief financial officer, said they had beaten Wall Street estimates – with revenues surpassing USD $10bn for the first time in the company’s history.
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Pricing pressure for flat-panel TVs was among the factors given as LG Electronics reported a net loss for the fourth quarter, ended 31 December.
On a parent-company basis, LG reported sales of USD $4.84 billion for the quarter, an operating loss of USD $228 million and a net loss of USD $493 million.
South Korea’s fixed-line operator, Korea Telecom (KT), is to merge with its majority-owned mobile unit, KTF, the country’s second-largest mobile operator.
The merger is an effort to offer bundled fixed and mobile services and increase its global exposure. KT’s move is seen as necessary if it is to compete with SK Telecom and LG Telecom.
Demand for GPS-enabled mobile phones will slow in 2009 but will avoid the fall in shipments expected to affect handsets generally.
At least that’s what ABI Research is predicting. It forecasts that feature-rich smartphones will post year-to-year unit growth through the current economic downturn.
More than 150 million mobile phone subscribers worldwide will carry out banking transactions on their handsets within three years.
That’s the prediction of a Juniper Research report, which also expects that much of the growth in this area to come from mature markets.
Nokia will see its share of the global smartphone market halved from 40 to 20 per cent by 2013, according to Generator Research.
And who is going to be gobbling up Nokia’s lost business? Why Apple, of course.
Worldwide mobile WiMAX infrastructure revenues nearly quadrupled in the third quarter of 2008 over the third quarter of 2007, according to the latest figures.
Scott Siegler, senior analyst of Mobile Infrastructure research at Dell’Oro Group, said that with LTE still a couple of years away, WiMAX has become the first next generation technology with commercial service.
Apple and LG Display have agreed a deal that will see the South Korean electronics manufacturer supply flat panel displays for Macs and handheld products over the next five years.
In exchange for a guaranteed supply of LCD screens until 2013, Apple will prepay USD $ 500 million to LG later this month.
Digital Realty Trust, the world’s largest wholesale datacentre provider, has been recognised for "Innovation in an Outsourced Environment" by the prestigious Datacentre Leaders’ 2008 Awards.
Digital Realty Trust received the honor for a Turn-Key Datacentre that Digital Realty Trust delivered to IBM to support growth of the company’s hosting business in France.
CA has bought New York-based Orchestria Corporation, a leading provider of data loss prevention (DLP) technology.
The company intends to develop and sell Orchestria’s information-centric DLP product in the rapidly growing DLP market.