January 9, 2015 11:54 am
Apple Inc. said that its customers spent almost $15 billion to purchase applications for their iPhones and iPhads last year. The companys revenue increased by the record 50% in 2014 in comparison with the prior year. The senior Vice-President of internet software and services unit, Eddy Cue, commented in a statement, cited by the Financial […]
Read moreJanuary 9, 2015 10:03 am
The Chief Executive Officer of General Motors Co. – Ms. Mary Barra – said that she expects sales of light vehicles in the US to rise 3% in 2015 as younger consumers return to the market amid stable economic conditions and lower fuel prices. The auto sales levels that were forecast by Ms. Barra are […]
Read moreJanuary 9, 2015 8:55 am
The largest apparel retailer in Asia, Fast Retailing Co. Ltd, announced today that its profit soared by 64% due to increased sales of its Uniqlo casual-wear brand in Japan and overseas. In addition, returns further increased due to the weak performance of the yen. The Chief Financial Officer of the company, Takeshi Okazaki, said in […]
Read moreJanuary 8, 2015 1:09 pm
T-Mobile US Inc., currently the fourth-largest wireless carrier in the U.S., revealed in a filing today that it managed to add 1.3 million branded postpaid customers during the fourth fiscal quarter. This exceeded the companys own forecast for subscriber growth almost twice. The rapid customer growth comes at turbulent times of price cuts and new […]
Read moreJanuary 8, 2015 10:22 am
Google Inc.s share in the Internet search market in the U.S. was reported to have declined in December 2014. This drop is considered as the largest in six years. According to a report of the analytics firm StatCounter, the search traffic of the U.S.-based company in its home market, excluding mobile devices, declined from 79.3% […]
Read moreJanuary 8, 2015 10:20 am
The biggest smartphone manufacturer by shipments in the world – Samsung Electronics Co. – said that profit fell for a fifth consecutive quarter over the last three months of 2014 amid intensifying competition in the face of Apple and Xiaomi, despite strong sales of its premium Galaxy Note 4 phablet. According to the South Korean […]
Read moreJanuary 7, 2015 2:15 pm
The Motorola brand is to be brought back to China by its owner Lenovo Group Ltd during the first quarter. The move comes as part of the companys strategy to re-establish the brand in the country after more than two-year-long absence. The brand was withdrawn from the country by its previous owner Google Inc. in […]
Read moreJanuary 7, 2015 10:14 am
Micron Technology Inc., the largest US memory-chip manufacturer, projected that sales would fail to reach analysts expectations over the second fiscal quarter due to seasonally low demand. According to the information posted by Micron along with its first-quarter earnings report, sales over the second fiscal quarter ended February are expected to be in the range […]
Read moreJanuary 7, 2015 8:59 am
The largest jet manufacturer worldwide, Boeing Co., revealed in an official statement that it managed to deliver a record number of planes in 2014. This came as a result of accelerated production by the company in order to accomplish its objective for the 787 Dreamliner. According to Boeings statement, the 787 Dreamliners deliveries increased by […]
Read moreJanuary 6, 2015 2:32 pm
The Co-Chief Executive Officer of Samsung Electronics Co., Yoon Boo Keun, revealed at the Consumer Electronics Show that all companys products are planned to be internet-ready within half a decade. The company, currently the largest TV manufacturer worldwide, has focused on the expanding businesses of smart homes and vehicles. Yoon Boo Keun said in the […]
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