Apple posted a blowout holiday quarter with sales of 74.5 million iPhones and $18 billion in net profit. The results were way above forecasts from most Wall Street analysts. "We'd like to thank our customers for an incredible quarter, which saw demand for Apple products soar to an all-time high," said Tim Cook, Apple's CEO. "Our revenue grew 30 percent over last year to $74.6 billion, and the execution by our teams to achieve these results was simply phenomenal."
After a year of delays, Samsung finally released a smartphone running its Tizen operating system. The Z1 runs the Tizen 2.3 OS, supports two SIM cards and features a 1.2 GHz dual-core processor, 3.1-megapixel camera and 4 GB of on-board memory, and will sell for $92 in India.
A new survey of Internet users across the globe shows that 9 percent of respondents reported owning a smart watch. The results indicate either tepid interest in the devices (if you're a pessimist) or a market that remains wide open for competitors to enter (if you're an optimist).
Samsung Electronics confirmed it is likely to register its first drop in profit in three years in preliminary guidance for the fourth quarter of 2014, however its predicted figure for the quarter beat analyst estimates for the period.
After a difficult year in 2014, the global tablet market is not returning to the levels of growth seen in the last four years as demand for tablets will continue to be slow in 2015 according to latest research from Gartner.
Apple continued to benefit from the launch of the iPhone 6 and iPhone 6 Plus in the three months to the end of November 2014, with the iOS operating system increasing its market share in Europe as well as in all other markets except for Japan as surveyed by Kantar Worldpanel ComTech.
The growth of mobile and the introduction of the Amazon Seller App for mobile devices helped drive sales by Amazon Sellers to 2 billion items in 2014.
In the next few weeks Google and its partners will expand the search giant's Android One phone initiative beyond India to the neighboring countries of Bangladesh, Nepal and Sri Lanka. The world's first Android One phone was unveiled in September for around $105, and the wider program represents Google's most intensive effort yet to not only expand Android to entry-level phones in emerging markets also to control the user experience.
Google is developing a version of its Android software that would be built directly into the consoles of cars, obviating the need to have a smartphone connect to the car's infotainment system, according to a Reuters report.
It may not have quite the punch of Apple's iPhone 6 launch, but BlackBerry's attempt to re-ignite interest in its platform by bringing out an updated version of one of its most popular smartphone designs got some surprising reactions from app developers.