Archive | January 31st, 2012

Amazon Q4 2011 earnings beat Wall St. consensus; profits down 58%

31. January 2012

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Earlier today, Amazon released their earnings results from 2011 holiday quarter and, suffice it to say, they’re no Apple. Though overall revenue came in at $17.43 billion, up 35% from the same quarter a year-ago, the company’s actual profits declined by a whopping 58% to $177 million. All told, Amazon reported earnings of $0.38 a […]

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China Telecom might land the iPhone 4S very soon

31. January 2012

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China Daily reports that China Telecom, the third largest carrier in China behind China Mobile and China Unicom, may begin carrying the iPhone 4S as early as February. The move would ramp up the pressure on the company’s domestic rivals in the fight to win more subscribers to the third-generation (3G) network service. In a […]

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European Commission to investigate Samsung’s abuse of RAND patents

31. January 2012

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Well it seems that Samsung’s strategy of suing Apple for allegedly infringing RAND patents is coming back to bite them in the ass. Foss Patents reports: The European Commission┬ájust announced┬áthat it has “opened a formal investigation to assess whether Samsung Electronics has abusively, and in contravention of a commitment it gave to the European Telecommunications […]

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Apple hires John Browett as its new Senior VP of Retail

31. January 2012

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After months of searching, Apple today announced that Dixons Retail CEO John Browett will succeed the recently departed Ron Johnson as the company’s Senior Vice President of Retail. Apple today announced that John Browett will join the company as senior vice president of Retail, reporting to Apple CEO Tim Cook. Browett comes to Apple from […]

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Apple TV sales continue to accelerate

31. January 2012

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It may be just a hobby, but sales of the Apple TV continue to impress. Apple revealed during its earnings conference call last week that Apple had sold 1.4 million Apple TV units during the holiday quarter, setting an all-time quarterly record in the process. All told, the company sold about 2.8 million units during […]

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