Google buys news streaming firm Wavii
Google has bought start-up firm Wavii for an estimated $30m (£18m), as the firm looks to capitalise on the growing demand for news aggregation apps.
Apple
Smartphones outsell feature phones globally for first time
Smartphones accounted for 51.6% of global mobile phone sales in the first quarter of 2013, outselling feature phone for the first time as consumers worldwide switch on to web access on the move, according to new data.
Apple’s iTunes turns 10- Can it keep its lead?
Apple’s iTunes launched back in spring 2003, going on to become the most successful online music store of the past decade. But can it maintain its lead amid growing competition from the likes of Amazon, Google and Spotify?
Samsung hits record sales- smartphones lead growth
In the week when Apple revealed its first profit drop in a decade, rival Samsung has seen smartphone sales drive its income up 42% to a record high despite a typically slow season for the electronics market.
Right to reply: Apple results show 3 themes to watch
Apple posted its first profit decline in a decade this week, but the electronics giant still beat expectations despite a perceived lack of innovation. Ian Fogg, IHS Electronics & Media Senior Principle Analyst, looks at how Apple’s results demonstrate where it has sustainable differentiation from competitors, and what this means for the future of ‘iDevices’.
Apple profits drop 18%- first decline in 10 years
Apple has posted its first fall in profits for nearly 10 years, dropping 18% as the electronics giant struggles to keep up with growing competition from the likes of Samsung and Google in the smartphone and tablet market.
Right to reply: Apple results- a blip… or beginning of the end?
Following the announcement that Apple is expected to announce its first profit dip in ten years today, Vanessa Barnett, Technology and Media Specialist at Charles Russell LLP, argues that Apple is still in a strong position to compete with Android’s rise.
Right to reply: ‘The worst thing Apple could do is to double down on device innovation’
Looking ahead to Apple’s quarterly earnings later today, which are expected to disappoint, Victor Basta, managing director of Magister Advisors, argues that a focus on innovation is the wrong tactic for the technology giant, and instead the firm should focus on a broader strategy.
Right to reply: Consumers ‘core to Apple’s success’
Media speculation about Apple running out of juice – with its focus on small changes to big products and a perceived lack of innovation – continue to circulate and unsettle investors. However the brand valuation team at Millward Brown – whose BrandZ Top100 Most Valuable Global Brands study has tracked a 1043% increase in the … [Read more…]
App store wars: Google Play ‘growing 3 times faster than Apple’
Google’s Play Store grew three times faster than Apple’s rival App Store globally in the first quarter of 2013, according to new research.