For all those confused about Google’s intentions in hardware, things just got much clearer.
No, it doesn’t see itself as the next Apple. And yes, it does understand the responsibilities that come with running an ecosystem if it wants to keep allies like Samsung onside. Read more
Have we been taking too many tablets?
It seems markets are reaching saturation point with growth in the category slowing to 28 per cent year-on-year in the fourth quarter – down from 87 per cent a year earlier. Read more
US politicians are swinging from Vines at President Obama for the first time in their reaction to last night’s State of the Union speech. Read more
Hardware is hard, so the saying goes. Raising millions of dollars on Kickstarter or Indiegogo can create as many problems as it solves. So the recent explosion in hardware start-ups has produced a crop of incubator and accelerator programmes, such as Lemnos Labs and Haxlr8r. The latest, Highway 1, is a new project from Liam Casey’s PCH International, which typically handles supply chains for rather larger electronics companies such as Apple and Beats Electronics. Read more
The interests of bondholders do not usually make it very far up the list of concerns of most tech executives. Thanks to the industry’s cash mountain (as we reported in our series on corporate cash last week) it’s been more a case of how to keep restless shareholders happy.
But all of that could soon change if debt levels continue to rise at current rates, according to a report from Richard Lane at Moody’s. Read more
The rollout of Apple’s iPhone by China Mobile to 300 cities this year is going to be slower than many analysts expected – contributing to its outlook disappointing on Monday and its shares falling more than 7 per cent at the open today.
But new estimates for the rollout of 4G services promise rich pickings for Apple later in 2014 and beyond. Read more
Apple doesn’t do down-market.
We’ve always known this about the premium device maker, but its first quarter results hammered home how this is becoming a problem for the iPhone creator. Read more
Silicon Valley may have tried to wash its hands of Tom Perkins over his claim that criticism of the wealthiest 1 per cent bears comparison with Nazi persecution of the Jews.
But, even as he apologised for the comment on Monday, that didn’t stop the former venture capitalist from claiming to speak for Silicon Valley as he warned of the dangers of a populist backlash against the massive wealth being created in the tech industry. Read more
Forget the formal estimates: what Wall Street was really hoping for from Apple’s latest quarter was an acceleration in growth that would blow away the “official” forecasts.
The figures released on Monday failed to impress. At 51m, the number of iPhones sold in the quarter came in 2m short of estimates, though the 26m iPads topped most estimates. Within minutes, Apple’s shares had slipped more than 5 per cent.
Read below for our coverage of the earnings report and the company’s analyst call.
Expectations are high that Apple can go back to its old forecast-busting ways when it reports earnings for its December quarter on Monday.
“Investors think that Q1 is going to be a blow-out and the Q2 guide is quite strong,” said analysts at Berenberg in a note after meetings with shareholders last week.
While the iPhone and iPad both look set to turn in double-digit percentage growth rates, falling prices and margins could minimise revenue and earnings growth.
Here’s what to expect after the markets close in New York: Read more
Are phablets more phabtastic now that Apple appears to be showing an interest?
The signs are that a product of unwieldy phone size and ugly monicker is winning at least some admirers. Read more