Xiaomi has ventured into a new avenue, away from smartphones and other consumer electronics. The company has announced the launch of Mi Credit in India, a new service that acts as a platform for users to initiate financial lendings. The company has listed financial loan providers on Mi Credit and users can log onto the platform to apply for quick loans.
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Xiaomi has announced that Mi Credit is, as of now, available in partnership with KreditBee, an instant personal loan platform [...]
Apple has announced their Q3 results and as always the company has posted a massive profit. The company pulled in $35 billion in revenue, pocketing $8.8 billion of pure profit, a record for both in Q3. Profits were up $1.5 billion from Q3 of 2011. During the last three months the company shipped 17 million iPads, an 84 percent increase when compared to the same quarter in 2011.
More than $16 billion of the total revenue is directly attributable to the smaller member of the iOS family, the iPhone. The iPad is also not behind getting over $9 billion in this quarter alone. As an up, Apple is able to award its investors a $2.65 per-share dividend.For the next quarter Apple [...]
Motorola has posted yet another disappointing quarter, while revenues were up to $3.1 billion, Moto lost $86 million in Q1 of 2012. That is 6 more million lost compared to their previous quarter. In terms of shipments only 8.9 million devices were shipped in the quarter which is down from the 10.5 million shipped last quarter. The company’s home gateways and broadcast goods, managed to generate $68 million, up from $53 million a year ago.
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Motorola Mobility Announces First [...]
AMD has published its Q3 results, and the company reports a total revenue of US $ 1.69 Billion. With a total income of approx. US $ 97 million. This is up from the $61 million in Q2 and a whole leap away from the $118 million loss posted this time last year. Even the Graphics division (ATI) is reporting a net profit of US $ 12 Million up from the 7 Million Loss. Good going AMD , hopefully we can expect much better from them , Check out the excruciatingly long Earnings report below.
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Intel has just posted results for the quarter, and this year they snagged a total revenue of US $ 14.3 billion — up $3.2 billion, or 29 percent year-over-year. Their total net income lies in at US $ 3.7 Billion. Is this what happens when almost any new invention utilizes your chips?
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Sony plans to double its VAIO laptop sales this year. With over 62 models in 4 different series, the company may just achieve its targets. Read the Press Release to find out how.
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Sony India today announced its strategy to double VAIO sales [...]
So, Nokia has joined hands with Microsoft to develop future products, what does this mean? We have the details and will be shedding light on the insides and out of the alliance and what it does for us.
To start off, we expected Symbian to either be completely re-invented or be completely exterminated. Nokia choose the latter, they probably thought it was much easier than to invent an OS in a market that was way ahead of them. This alliance comes with the death of Symbian in a slow and steady manner. In the presentation created by Stephen Elop (ceo of Nokia) t it’s clear that [...]