Tag: numbers

  • HTC to Discontinue Several Phone Models in Order to Keep Up Numbers

    HTC to Discontinue Several Phone Models in Order to Keep Up Numbers

    HTC Corp. has come under a lot of slack, for the past couple of years for being “confused, unoriginal and uncompetitive”. With their shares having fallen by 51 percent so far, the Taiwanese smartphone makers have reportedly announced, that they would be cutting jobs and discontinuing models so that they can focus on high-end devices, which they hope will enable them to compete with Apple Inc. and Samsung.

    “The cuts will be across the board,” said Chief Financial Officer Chialin Chang, “they will be significant.”

    He also mentioned that the cost reductions would extend up to the first quarter of the following year, but no further information has been reported.

    HTC One ME 14

    The company seems to have been losing its market share both in the high-end as well as the low ranged sectors, with Apple and Samsung electronics in the former and Chinese rivals at the latter range, taking over rapidly.

    HTC One ME 4

    Reports suggest that Chang also mentioned HTC’s strategy for the coming quarter would be – to bank on selling high-end smartphones in India where the company is said to have 20 percent market share of phone priced between approximately Rs.15,946 and Rs.25,514.

    However, while most analysts are still skeptical of HTC’s stable continuance, it is to be seen whether this strategy will work for them or not.

  • LG celebrates 500k Optimus G Pro Sales in Korea, Coming to India in May

    LG celebrates 500k Optimus G Pro Sales in Korea, Coming to India in May

    LG has not even begun selling the Optimus G Pro in global markets and has already managed to sell 500,000 units of their new flagship wonder. The Flagship from LG Apparently received 10,000 orders at launch, reaching half a million sold just 40 days after its launch. LG is also updating the software in April to allow for Eye Recognition Technology, that will be exactly like the one available from competition (read : S4)

    With its front-facing camera, the handset will pause a video if the user looks away, and start playing it when their gaze falls back on the display. In addition, the upgrade will pack what’s said to be a world’s first Dual Camera feature, which creates picture-in-picture shots by using the hardware’s two cameras. The Optimus G Pro will also receive the ability to change the home button’s LED to correlate with contacts, pause and resume video recording, color emoticons and refreshed QRemote functionality.

    The Optimus G Pro is set to launch in India in Early weeks of May for a undecided price, our guess is just shy of the 40k price mark.

  • Apple Announces Q3 results : $35 billion revenue, $8.8 billion in net profits

    Apple Announces Q3 results : $35 billion revenue, $8.8 billion in net profits

    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 actually expects a small drop in both revenue and earnings per-share.

    Tim Cook also discussed how China has instrumental in Apple’s continued growth. While revenues were down $2.2 billion from the previous quarter in the country they were up roughly 48 percent year-over-year to $5.7 billion.

     

     

    [toggle_box title=”Apple Q3 Earnings Report” width=”Width of toggle box”]

    Apple Reports Third Quarter Results
    17 Million iPads Sold

     

    CUPERTINO, Calif., Jul 24, 2012 (BUSINESS WIRE) — –Board Declares Quarterly Dividend of $2.65 per Common Share

     

    Apple(R) today announced financial results for its fiscal 2012 third quarter ended June 30, 2012. The Company posted quarterly revenue of $35.0 billion and quarterly net profit of $8.8 billion, or $9.32 per diluted share. These results compare to revenue of $28.6 billion and net profit of $7.3 billion, or $7.79 per diluted share, in the year-ago quarter. Gross margin was 42.8 percent compared to 41.7 percent in the year-ago quarter. International sales accounted for 62 percent of the quarter’s revenue.

     

    The Company sold 26.0 million iPhones in the quarter, representing 28 percent unit growth over the year-ago quarter. Apple sold 17.0 million iPads during the quarter, an 84 percent unit increase over the year-ago quarter. The Company sold 4.0 million Macs during the quarter, a two percent unit increase over the year-ago quarter. Apple sold 6.8 million iPods, a 10 percent unit decline from the year-ago quarter.

     

    Apple’s Board of Directors has declared a cash dividend of $2.65 per share of the Company’s common stock. The dividend is payable on August 16, 2012, to stockholders of record as of the close of business on August 13, 2012.

     

    “We’re thrilled with record sales of 17 million iPads in the June quarter,” said Tim Cook, Apple’s CEO. “We’ve also just updated the entire MacBook line, will release Mountain Lion tomorrow and will be launching iOS 6 this Fall. We are also really looking forward to the amazing new products we’ve got in the pipeline.”

     

    “We’re continuing to invest in the growth of our business and are pleased to be declaring a dividend of $2.65 per share today,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the fourth fiscal quarter, we expect revenue of about $34 billion and diluted earnings per share of about $7.65.”

     

    Apple will provide live streaming of its Q3 2012 financial results conference call beginning at 2:00 p.m. PDT on July 24, 2012 at www.apple.com/quicktime/qtv/earningsq312 . This webcast will also be available for replay for approximately two weeks thereafter.

     

    This press release contains forward-looking statements including without limitation those about the Company’s estimated revenue and diluted earnings per share. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include without limitation the effect of competitive and economic factors, and the Company’s reaction to those factors, on consumer and business buying decisions with respect to the Company’s products; continued competitive pressures in the marketplace; the ability of the Company to deliver to the marketplace and stimulate customer demand for new programs, products, and technological innovations on a timely basis; the effect that product introductions and transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company’s gross margin; the inventory risk associated with the Company’s need to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company’s business currently obtained by the Company from sole or limited sources; the effect that the Company’s dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured or services rendered; risks associated with the Company’s international operations; the Company’s reliance on third-party intellectual property and digital content; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; the Company’s dependency on the performance of distributors, carriers and other resellers of the Company’s products; the effect that product and service quality problems could have on the Company’s sales and operating profits; the continued service and availability of key executives and employees; war, terrorism, public health issues, natural disasters, and other circumstances that could disrupt supply, delivery, or demand of products; and unfavorable results of other legal proceedings. More information on potential factors that could affect the Company’s financial results is included from time to time in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s public reports filed with the SEC, including the Company’s Form 10-K for the fiscal year ended September 24, 2011, its Forms 10-Q for the fiscal quarters ended December 31, 2011 and March 31, 2012, and its Form 10-Q for the quarter ended June 30, 2012 to be filed with the SEC. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.

     

    Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its revolutionary iPhone and App Store, and is defining the future of mobile media and computing devices with iPad.

     

    NOTE TO EDITORS: For additional information visit Apple’s PR website ( www.apple.com/pr ), or call Apple’s Media Helpline at (408) 974-2042.

     

    (C) 2012 Apple Inc. All rights reserved. Apple, the Apple logo, Mac, Mac OS and Macintosh are trademarks of Apple. Other company and product names may be trademarks of their respective owners.

     

    Apple Inc.
    UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
    (In millions, except number of shares which are reflected in
    thousands and per share amounts)
    Three Months Ended Nine Months Ended
    ——————————- ——————————-
    June 30, 2012 June 25, 2011 June 30, 2012 June 25, 2011
    ————— ————— ————— —————
    Net sales $ 35,023 $ 28,571 $ 120,542 $ 79,979
    Cost of sales (1) 20,029 16,649 66,281 47,541
    ——- ——- ——- ——-
    Gross margin 14,994 11,922 54,261 32,438
    ——- ——- ——- ——-
    Operating expenses:
    Research and development (1) 876 628 2,475 1,784
    Selling, general and administrative (1) 2,545 1,915 7,489 5,574
    ——- ——- ——- ——-
    Total operating expenses 3,421 2,543 9,964 7,358
    ——- ——- ——- ——-
    Operating income 11,573 9,379 44,297 25,080
    Other income and expense 288 172 573 334
    ——- ——- ——- ——-
    Income before provision for income taxes 11,861 9,551 44,870 25,414
    Provision for income taxes 3,037 2,243 11,360 6,115
    ——- ——- ——- ——-
    Net income $ 8,824 $ 7,308 $ 33,510 $ 19,299
    ======= ======= ======= =======
    Earnings per common share:
    Basic $ 9.42 $ 7.89 $ 35.89 $ 20.91
    Diluted $ 9.32 $ 7.79 $ 35.48 $ 20.63
    Shares used in computing earnings per share:
    Basic 936,596 926,108 933,672 922,917
    Diluted 947,059 937,810 944,440 935,688
    (1) Includes stock-based compensation expense as follows:
    Cost of sales $ 70 $ 52 $ 196 $ 155
    Research and development $ 172 $ 119 $ 500 $ 336
    Selling, general and administrative $ 206 $ 113 $ 596 $ 379

     

     

     

    Apple Inc.
    UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
    (In millions, except number of shares which are reflected in
    thousands)
    June 30, 2012 September 24, 2011
    ——————– ——————–
    ASSETS:
    Current assets:
    Cash and cash equivalents $ 7,945 $ 9,815
    Short-term marketable securities 19,709 16,137
    Accounts receivable, less allowances of $94 and $53, respectively 7,657 5,369
    Inventories 1,122 776
    Deferred tax assets 2,309 2,014
    Vendor non-trade receivables 6,641 6,348
    Other current assets 6,560 4,529
    ———- ———-
    Total current assets 51,943 44,988
    Long-term marketable securities 89,567 55,618
    Property, plant and equipment, net 10,487 7,777
    Goodwill 1,132 896
    Acquired intangible assets, net 4,329 3,536
    Other assets 5,438 3,556
    ———- ———-
    Total assets $ 162,896 $ 116,371
    ========== ==========
    LIABILITIES AND SHAREHOLDERS’ EQUITY:
    Current liabilities:
    Accounts payable $ 16,808 $ 14,632
    Accrued expenses 10,430 9,247
    Deferred revenue 5,822 4,091
    ———- ———-
    Total current liabilities 33,060 27,970
    Deferred revenue – non-current 2,530 1,686
    Other non-current liabilities 15,560 10,100
    ———- ———-
    Total liabilities 51,150 39,756
    ———- ———-
    Commitments and contingencies
    Shareholders’ equity:
    Common stock, no par value; 1,800,000 shares authorized; 937,266 and 15,573 13,331
    929,277 shares issued and outstanding, respectively
    Retained earnings 95,641 62,841
    Accumulated other comprehensive income 532 443
    ———- ———-
    Total shareholders’ equity 111,746 76,615
    ———- ———-
    $ 162,896 $ 116,371
    Total liabilities and shareholders’ equity
    ========== ==========

     

     

     

    Apple Inc.
    UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
    (In millions)
    Nine Months Ended
    —————————————–
    June 30, 2012 June 25, 2011
    ——————– ——————–
    Cash and cash equivalents, beginning of the period $ 9,815 $ 11,261
    ——— ———
    Operating activities:
    Net income 33,510 19,299
    Adjustments to reconcile net income to cash generated by operating
    activities:
    Depreciation, amortization and accretion 2,296 1,271
    Share-based compensation expense 1,292 870
    Deferred income tax expense 4,066 2,232
    Changes in operating assets and liabilities:
    Accounts receivable, net (2,278) (592)
    Inventories (346) 162
    Vendor non-trade receivables (293) (955)
    Other current and non-current assets (3,238) (1,551)
    Accounts payable 2,450 2,480
    Deferred revenue 2,575 1,276
    Other current and non-current liabilities 1,686 2,608
    ——— ———
    Cash generated by operating activities 41,720 27,100
    ——— ———
    Investing activities:
    Purchases of marketable securities (121,091) (75,133)
    Proceeds from maturities of marketable securities 10,344 16,396
    Proceeds from sales of marketable securities 73,140 34,301
    Payments made in connection with business acquisitions, net of cash (350) 0
    acquired
    Payments for acquisition of property, plant and equipment (4,834) (2,615)
    Payments for acquisition of intangible assets (1,067) (266)
    Other (56) 34
    ——— ———
    Cash used in investing activities (43,914) (27,283)
    ——— ———
    Financing activities:
    Proceeds from issuance of common stock 433 577
    Excess tax benefits from equity awards 1,036 915
    Taxes paid related to net share settlement of equity awards (1,145) (479)
    ——— ———
    Cash generated by financing activities 324 1,013
    ——— ———
    (Decrease)/increase in cash and cash equivalents (1,870) 830
    ——— ———
    Cash and cash equivalents, end of the period $ 7,945 $ 12,091
    ========= =========
    Supplemental cash flow disclosure:
    Cash paid for income taxes, net $ 5,901 $ 2,563

     

     

     

    Apple Inc.
    Q3 2012 Unaudited Summary Data
    (Units in thousands, Revenue in millions)
    Q2 2012 Q3 2011 Q3 2012
    ———————- ———————- ———————-
    Sequential Change Year/Year Change
    ——————- ——————-
    Operating Segments Mac Units Revenue Mac Units Revenue Mac Units Revenue Mac Units Revenue Mac Units Revenue
    ——— ———– ——— ———– ——— ———– ——— ——- ——— ——-
    Americas 1,214 $ 13,182 1,487 $ 10,126 1,522 $ 12,806 25% – 3% 2% 26%
    Europe 1,048 8,807 922 7,098 941 8,237 – 10% – 6% 2% 16%
    Japan 158 2,645 150 1,510 173 2,009 9% – 24% 15% 33%
    Asia Pacific 771 10,153 620 6,332 593 7,887 – 23% – 22% – 4% 25%
    Retail 826 4,399 768 3,505 791 4,084 – 4% – 7% 3% 17%
    ——— —— ——— —— ——— ——
    Total Operating Segments 4,017 $ 39,186 3,947 $ 28,571 4,020 $ 35,023 0% – 11% 2% 23%
    ========= === ====== ========= === ====== ========= === ======
    Sequential Change Year/Year Change
    ——————- ——————-
    Product Summary Units Revenue Units Revenue Units Revenue Units Revenue Units Revenue
    ——— ———– ——— ———– ——— ———– ——— ——- ——— ——-
    Mac Desktops (1)(9) 1,199 $ 1,563 1,155 $ 1,580 1,010 $ 1,287 – 16% – 18% – 13% – 19%
    Mac Portables (2)(9) 2,818 3,510 2,792 3,525 3,010 3,646 7% 4% 8% 3%
    ——— —— ——— —— ——— ——
    Subtotal Mac 4,017 5,073 3,947 5,105 4,020 4,933 0% – 3% 2% – 3%
    iPod (3)(9) 7,673 1,207 7,535 1,325 6,751 1,060 – 12% – 12% – 10% – 20%
    Other Music Related Products and Services (4) 2,151 1,571 2,060 – 4% 31%
    iPhone and Related Products and Services (5)(9) 35,064 22,690 20,338 13,311 26,028 16,245 – 26% – 28% 28% 22%
    iPad and Related Products and Services (6)(9) 11,798 6,590 9,246 6,046 17,042 9,171 44% 39% 84% 52%
    Peripherals and Other Hardware (7) 643 517 663 3% 28%
    Software, Service and Other Sales (8) 832 696 891 7% 28%
    —— —— ——
    Total Apple $ 39,186 $ 28,571 $ 35,023 – 11% 23%
    === ====== === ====== === ======
    (1) Includes revenue from iMac, Mac mini and Mac Pro sales.
    (2) Includes revenue from MacBook, MacBook Air and MacBook Pro sales.
    (3) Includes revenue from iPod sales.
    (4) Includes revenue from sales from the iTunes Store, App Store and
    iBookstore in addition to sales of iPod services and Apple-branded
    and third-party iPod accessories.
    (5) Includes revenue from sales of iPhone, iPhone services, and
    Apple-branded and third-party iPhone accessories.
    (6) Includes revenue from sales of iPad, iPad services, and
    Apple-branded and third-party iPad accessories.
    (7) Includes revenue from sales of displays, networking products and
    other hardware.
    (8) Includes revenue from sales of Apple-branded and third-party Mac
    software, and services.
    (9) Includes amortization of related revenue deferred for non-software
    services and embedded software upgrade rights.

    [/toggle_box]

    [Apple]

     

  • Chrome Users cross 310 Million Users, 1 TB data downloaded daily & 13 Years of browsing time saved

    Chrome Users cross 310 Million Users, 1 TB data downloaded daily & 13 Years of browsing time saved

     

    Google at the I/O Conference has announced that the usage of their web browser Chrome has almost doubled since last year and now tops 310 Million users. 1 TB of data is downloaded daily by these users, and according to Google the speedy browser has saved users 13 years of total browsing time. 

  • Motorola Mobility result out, loses $86 million in Q1

    Motorola Mobility result out, loses $86 million in Q1

    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.

    [toggle_box title=”Press Release” width=”550″]

    Motorola Mobility Announces First Quarter Financial Results

    LIBERTYVILLE, Ill., May 1, 2012 /PRNewswire/ —

    First Quarter Financial Highlights

    Net revenues of $3.1 billion

    Non-GAAP net loss of $0.03 per share compared to net loss of $0.08 per share in first quarter 2011; GAAP net loss of $0.28 per share compared to net loss of $0.27 per share in first quarter 2011

    Mobile Devices net revenues of $2.2 billion; Non-GAAP operating loss of $85 million; GAAP operating loss of $121 million

    Shipped 8.9 million mobile devices, including 5.1 million smartphones

    Home net revenues of $884 million; Non-GAAP operating earnings of $91 million; GAAP operating earnings of $68 million

    Motorola Mobility Holdings, Inc. (NYSE: MMI) today reported net revenues of $3.1 billion in the first quarter of 2012, up 2 percent compared to the first quarter of 2011. The GAAP net loss in the first quarter of 2012 was $86 million, or $0.28 per share, compared to a net loss of $81 million, or $0.27 per share, in the first quarter of 2011. On a non-GAAP basis, the net loss in the first quarter 2012 was $10 million, or $0.03 per share, compared to a net loss of $25 million, or $0.08 per share, in the first quarter of 2011.

    The Company had operating cash outflow of $98 million in the first quarter. Total cash at the end of the quarter was $3.5 billion and includes cash, cash equivalents, and cash deposits.
    Details on non-GAAP adjustments and the use of non-GAAP measures are included later in this press release and in the financial tables.

    “The introduction of RAZR™ MAXX marked another successful addition to the Motorola product family and contributed to our growth in smartphones. Our Home business delivered another solid quarter highlighted by improvement in year-over-year profitability,” said Sanjay Jha, chairman and chief executive officer, Motorola Mobility. “We continue to work closely with Google to complete the proposed merger during the first half of the year.”

    Operating Results

    Mobile Devices net revenues in the first quarter were $2.2 billion, up 3 percent compared with the year-ago quarter. The GAAP operating loss was $121 million compared to an operating loss of $89 million in the year-ago quarter. The non-GAAP operating loss was $85 million compared to an operating loss of $61 million in the year-ago quarter. The Company shipped a total of 8.9 million mobile devices in the first quarter, including 5.1 million smartphones.
    Mobile Devices highlights:

    Launched RAZR™ MAXX, the longest-lasting 4G LTE smartphone, allowing customers to talk for over 21 hours on a single charge, and DROID 4 by Motorola, the thinnest and most powerful 4G LTE QWERTY smartphone.

    Expanded budget-friendly smartphone portfolio in China, Europe, and Latin America with the introduction of MOTOLUXE™, a slim touchscreen device and Motorola DEFY™ MINI, the ideal “life proof” device for the active consumer.

    Teamed up with Bubba Watson, four time PGA Tour winner, including the 2012 Masters to introduce MOTOACTV™ Golf Edition, a cutting-edge GPS golf tracker, virtual caddy and online clubhouse.

    Home segment net revenues in the first quarter were $884 million, down 2 percent compared with the year-ago quarter. GAAP operating earnings improved to $68 million, compared to $53 million in the year-ago quarter. Non-GAAP operating earnings were $91 million compared to $81 million in the year-ago quarter.

    Home highlights:

    Introduced Connected Home Gateway, the industry’s first plug-and-play solution for home monitoring and control services.

    Provided equipment and services to Asian Broadcasting Network for launch of Malaysia’s most advanced digital cable TV network.

    Industry recognition of our Medios multi-screen software portfolio including SecureMedia® named “Best Rights and Asset Management Solution” at 2012 IPTV World Forum.

    Announced global distributor and integrator agreement with Edgecast’s Content Delivery Network platform, enabling advanced multi-screen service delivery to consumers.

    Merger Update

    As previously announced on August 15, 2011, Motorola Mobility and Google Inc. (“Google”) (NASDAQ: GOOG) entered into a definitive agreement for Google to acquire Motorola Mobility for $40.00 per share in cash, or a total of approximately $12.5 billion.

    Motorola Mobility and Google continue to work closely with the authorities in China for approval on the acquisition. The transaction has been investigated and cleared without conditions in all other jurisdictions with pre-closing clearance requirements. We continue to expect the transaction to close during the first half of 2012.

    For more information on the proposed merger, please visit http://investors.motorola.com.
    Conference Call and Webcast

    In light of the pending acquisition of the Company by Google, the Company does not conduct a financial analyst conference call or webcast following the release of its earnings information nor provide financial guidance. To access the first quarter results and other financial information, please visit http://investors.motorola.com.

    [/toggle_box]

  • Samsung sells 10 Million Galaxy S2 units (PR)

    Samsung sells 10 Million Galaxy S2 units (PR)

    About half of what its competitor is selling EACH QUARTER, but Samsung has managed to hype the Galaxy S2 enough to sell 10 million since launch. Their major bump has come after July  possibly because of the awaited White version, the company has sold 5 million S2s since the end of July. That is something which is capable of a full blow PR, right below.

     

    [toggle title_open=”Press Release” title_closed=”Press Release” hide=”no” border=”yes” style=”default” excerpt_length=”0″ read_more_text=”Read More” read_less_text=”Read Less” include_excerpt_html=”no”]Samsung GALAXY S II continues success reaching 10 Million in global sales

    Global popularity with customers drives momentum for Samsung’s flagship smartphone

    SEOUL, Korea – September 25th, 2011 – Samsung Electronics Co., Ltd, a global leader in digital media and digital convergence technologies, today announced that the Samsung GALAXY S II (Model: GT-I9100) has achieved 10 million global channel sales, doubling from five million in just eight weeks.

    The GALAXY S II is Samsung’s flagship smartphone device – a beautifully thin (8.49mm) and lightweight dual-core smartphone that combines an unmatched Super AMOLED Plus viewing experience with powerful performance, all on Android, the world’s fastest-growing mobile operating system. The next generation smartphone also includes Samsung’s four content and entertainment hubs, seamlessly integrated to provide instant access to music, games, e-reading and social networking services.

    “Since its launch in late April 2011, the GALAXY S II has seen continued sales success, demonstrating Samsung’s industry-leading capabilities in – and commitment to – the smartphone market” said JK Shin, President and Head of Samsung’s Mobile Communications Business.

    “In just five months the GALAXY S II has seen tremendous growth, reflecting its tremendous popularity with customers around the world, who in selecting the GALAXY S II as their device of choice have driven the device’s strong market position globally.”

    About Samsung Electronics Co., Ltd.

    Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2010 consolidated sales of US$135.8 billion. Employing approximately 190,500 people in 206 offices across 68 countries, the company consists of nine independently operated business units: Visual Display, Mobile Communications, Telecommunication Systems, Digital Appliances, IT Solutions, Digital Imaging, Memory, System LSI and LCD. Recognized as one of the fastest growing global brands, Samsung Electronics is a leading producer of digital TVs, semiconductor chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com.[/toggle]

  • 360,000 Credit Cards Leaked in Recent Hack-Attack to CitiGroup

    360,000 Credit Cards Leaked in Recent Hack-Attack to CitiGroup

    In a recent cyber attack by LulzSec, while earlier Citigroup officials claimed that 200,000 creditcards were compromised. This time around they claim that infact 360,000 credit cards have been compromised and the information has been stolen by LulzSec.

     

     

    [quote]Hackers gained access to a total of “360,083 North America Citi-branded credit cards.Hackers gained access to a total of “360,083 North America Citi-branded credit cards.[/quote]

    The bank also claims that more than 70% of the credit cards have already been replaced, and that the maximum Credit Cards were from California.

    LulzSec the infamous hacking group behind many recent cyber attacks, including various at Sony, Has not yet mentioned any involvement in the case.

  • Apple releases iWork to iPhone and iPod touch (PR)

    Apple releases iWork to iPhone and iPod touch (PR)

    Being a few of the most successful apps on the iPad online App store since day one of Launch, Apple has finally brought some love to iPhones and iPod Touches. The same apps will now run on all other iOS devices making them universal Apps at US% 9.99

     

    PRESS RELEASE

    Apple iWork Now Available For iPhone & iPod touch Users

    CUPERTINO, California-May 31, 2011-Apple® today announced that its groundbreaking iWork® productivity apps, Keynote®, Pages® and Numbers®, are now available for iPhone® and iPod touch®, as well as iPad®. Created for the Mac® and then completely redesigned for iOS and Apple’s revolutionary Multi-Touch™ interface, Keynote, Pages and Numbers allow you to create and share stunning presentations, beautifully formatted documents and powerful spreadsheets on the go. iWork apps are available on the App Store™ for $9.99 each to new users and as a free update for existing iWork for iPad customers.

    “Now you can use Keynote, Pages and Numbers on iPhone and iPod touch to create amazing presentations, documents and spreadsheets right in the palm of your hand,” said Philip Schiller, Apple’s senior vice president of Worldwide Product Marketing. “The incredible Retina display, revolutionary Multi-Touch interface and our powerful software make it easy to create, edit, organize and share all of your documents from iPhone 4 or iPod touch.”

    Keynote, Pages and Numbers import and export documents from iWork for Mac and Microsoft Office; print wirelessly using AirPrint™; and include beautiful Apple-designed themes and templates. All iWork apps now include improved document management with thumbnail images that let you find your files quickly, organize them and group them into folders using intuitive gestures. From the Tools button in the toolbar, you can easily share any presentation, document or spreadsheet without leaving the app.

    Keynote makes it easy to create impressive presentations, complete with animated charts and transitions. You can play your presentation in Full Screen view on the stunning, high-resolution Retina™ display or connect to a projector or HDTV for a large audience. Available separately, the Keynote Remote app allows your iPhone or iPod touch to control a Keynote presentation on any iOS device or Mac.

    Pages is the most beautiful word processor ever designed for a mobile device and has everything you need to create amazing documents. Pages takes full advantage of the high-resolution Retina display on iPhone 4 and iPod touch so you can see all the detail and richness of your documents. To make working with text easy on iPhone and iPod touch, Smart Zoom automatically zooms in to follow the cursor while you’re editing and zooms back out when you’re done.

    Numbers uses Multi-Touch gestures and an intelligent keyboard to help you create compelling, great-looking spreadsheets with over 250 easy-to-use functions, flexible tables and eye-catching charts. Just like Pages, Numbers takes advantage of the high-resolution Retina display and Smart Zoom to make working with text and cells on iPhone 4 or iPod touch easy.

    Pricing & Availability
    Keynote, Pages and Numbers are universal apps that run on iPad and iPad 2, iPhone 3GS and iPhone 4, and iPod touch (3rd & 4th generation). Keynote, Pages and Numbers are available from the App Store for $9.99 (US) each for new users, or as a free update for existing iWork for iPad customers. Keynote Remote is sold separately via the App Store for 99 cents (US).

    Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its revolutionary iPhone and App Store, and has recently introduced iPad 2 which is defining the future of mobile media and computing devices.

  • App a Day: Superfiles for iOS

    App a Day: Superfiles for iOS

    Todays app is exceptionaly useful for Businesses and people who use their phones extensively for work.Superfiles is a frontend for Google Docs, iDisk, Dropbox, Box.net, Flickr, Picasa, WebDAV, FTP, SFTP etc.

     

    What it basically allows you to do is to upload & download documents from your cloud storage or other servers on the go to your iDevice. Edit files on the go. Preview files not supported by other iOS apps, share files between Superfiles via bluetooth, Scan documents with your camera etc.

    Some of the features of the app are:

    • Send/Receive files between Superfiles via Bluetooth
    • Scan documents, enhance for better OCR
    • OCR(Optical Character Recognition) of images
    • Translate documents to 52 languages
    • Upload/Download files locally to your iPhone using any Web browser
    • Email selected files
    • Local preview of  CHM, FB2, PDB, EPUB, TXT, CSV, TSV, TAB, XCARDS, HTML, HTM, WEBARCHIVE, PHP, JS, JAVA, CSS, XML, C, CC, CPP, M, MM, H, DOC, DOCX, XLS, XLSX, PPS, PPSX, PPT, PPTX, RTF, RTFD, PAGES, NUMBERS, KEY, PDF files
    • Create/Edit Text documents
    • Crop, flip, rotate, resize and enhance images
    • Convert image from/to JPG/PNG/GIF/BMP/TIF format
    • Create multipage PDF from several images and text files
    • Upload/Download/Rename/Move/Delete/Preview for GDocs
    • Upload/Download from/to Picasa/Flickr
    • Upload/Download/Rename/Move/Delete/Preview for FTP/SFTP/MobileMe/iDisk/WebDAV/Dropbox/Box.net
    • Zip and Upzip files
    • Text-to-speech for 37 languages

     

    Inintially, when you open the app, you might be overwhelmed with the sheer number of options that are available to you. Dont feel intimidated. Its quite easy to use the app. First off, create/log in to your account on any of the providers. After that, just click on the icon for the task you wish to perform.

    [xrr rating=3/5 label=”Price : $9.99 ” imageset=shiny_yellow_star display_as=fraction_stars]

    [xrr rating=3.75/5 label=”Ease of Use :” imageset=shiny_yellow_star display_as=fraction_stars]

    [xrr rating=4.75/5 label=”Features :” imageset=shiny_yellow_star display_as=fraction_stars]

     

    SuperFiles – ArlexSoft

    SuperFiles - ArlexSoft

     

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  • Nintendo to launch next Wii in 2012 and show it at E3 2011 (PR)

    Nintendo to launch next Wii in 2012 and show it at E3 2011 (PR)

    Nintendo just put an end to all rumors about the next WIi. The company will show the new Wii at E3 2011 and will make it available in 2012.

    What could Nintendo possibly bring to the gaming experience this time ?

     

    Press Release

    April 25, 2011

    To whom it may concern:

    Re: Wii’s Successor System

    Nintendo Co., Ltd. has decided to launch in 2012 a system to succeed Wii, which the company has sold 86.01 million units on a consolidated shipment basis between its launch in 2006 and the end of March 2011.

    We will show a playable model of the new system and announce more specifications at the E3 Expo, which will be held June 7-9, 2011, in Los Angeles.

    Sales of this new system have not been included in the financial forecasts announced today for the fiscal term ending March 2012.

  • Sony sells 50 Million Playstation 3s and 8 Million Move Controllers Globally (PR)

    Sony sells 50 Million Playstation 3s and 8 Million Move Controllers Globally (PR)

    Sony just release information that they sold 50 million Playstation 3 consoles  and a total of 8 Million Move controllers. Technically these are units that were sold by Sony to retailers and not to end users so we dont know if they are direct sales yet. But, heck these are impressive numbers none the less.

     

    FULL PR

    PLAYSTATION®3 SALES REACH 50 MILLION UNITS WORLDWIDE

    Sales of PlayStation®Move motion controller for PlayStation®3 (PS3®) surpass 8 million units worldwide, accelerating the expansion of the PS3 Platform.

    Tokyo, April 15, 2011 – Sony Computer Entertainment Inc. (SCE) today announced that the cumulative sales of the PlayStation®3 (PS3®) computer entertainment system reached a milestone of 50 million units*1 worldwide, as of March 29, 2011. SCE also announced that PlayStation®Move sales surpassed 8 million units*1 worldwide as of April 3, demonstrating 
    continued growth and momentum of the PS3 platform.

    The PS3 system, equipped with future proof cutting–edge technologies including the powerful Cell Broadband Engine™ and RSX® processors as well as the Blu-ray disc™ (BD) player and HDMI, has delivered users with high-definition and high quality entertainment experience since its launch in November 2006. The PS3 system continues to evolve and enhance the user experience through new features and services delivered via software updates.

    Concurrently with the introduction of PS3, SCE launched PlayStation®Network service which now has more than 75 million registered accounts and operates in 59 countries and regions*2 around the world. PlayStation Network supports free community-centric online gameplay and communication tools such as PlayStation®Home*3, and offers vast downloadable digital content through PlayStation®Store, from games to movies of more than 32,840 content totaling to 105,988 digital content worldwide. In September 2009, SCE launched the new slimmer and lighter PS3 system with new form factor and less power consumption that has been well received by users around the world.

    To further expand entertainment experience only possible on PS3, stereoscopic 3D game and Blu-ray 3D™ features were introduced to the system via a free system software update*4 in April and September 2010 respectively. The feature enables users to enjoy stunningly realistic stereoscopic 3D in their living room on their PS3 system by simply connecting it to a 3D-compatible TV such as 3D “BRAVIA” TV using an HDMI cable. The number of stereoscopic 3D software titles has reached to 89 as of April 1 in 2011.

    SCE launched PlayStation Move in September 2010 for North America, Europe/PAL territories and in Asia, and in October 2010 for Japan to deliver a new entertainment experience across all categories of games, from casual to immersive. The PlayStation Move motion controller is used in combination with the PlayStation®Eye camera to detect the precise movement, angle, and absolute position in 3D space of the user, thereby allowing users to intuitively play as if they are within the game. The number of PlayStation Move supported/dedicated software titles has reached to 155 as of March 24 in 2011, including titles such as Sports Champions, SingStar Dance and Killzone3*5. PlayStation Move continues to further expand the new gameplay along with variety of upcoming new PlayStation Move titles for 2011including SOCOM 4: U.S. Navy SEALs*6.

    With strong support from 3rdparty developers and publishers worldwide, PS3 features a vast library of more than 2,128 software titles with more than 480 million units sold worldwide*7. Recently released blockbuster franchise titles from first party studios include Grand Turismo 5, LittleBigPlanet2 and KILLZONE 3. SCE will continue to further expand the PS3 platform and create a new world of computer entertainment.

    *1 Sell-in number 
    *2 As of Mar 20, 2011. 
    *3 A ground-breaking 3D social gaming community available on PS3 that allows users to interact, communicate and share gaming experiences. Within PlayStation Home, users can create and customize their own unique avatars and explore the virtual community in real time where they can communicate freely through text or voice chat. When the service is available, PlayStation Home icon will appear after booting/ re-booting the PS3 system. Some content and services are charged. 
    *4 System software versions 3.30 or later are required.
    *5 Titles and year differ by each country or region. 
    *6 Adapts to stereoscopic 3D games 
    *7 As of the end of Dec, 2010

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