Samsung reported its worst quarterly profit in two years and was downbeat about prospects, fueling concerns about its ability to face competition.» Read More
SEOUL, July 31- Samsung Electronics Co Ltd. on Thursday reported its worst quarterly profit in two years and was downbeat about its second-half prospects, fueling concerns about its ability to protect its smartphone turf in the face of mounting competition.
SEOUL, South Korea— Samsung Electronics Co. reported lower-than-expected profit for the second quarter on Thursday and said it was uncertain if handset business profit would improve during the current period. Its net income during the April-June quarter dropped 20 percent to 6.3 trillion won, compared with 7.8 trillion won a year earlier.
Apple Inc s fell$. 23 or. 2 percent, to $98.15. Hewlett Packard Co. rose$. 17 or. 5 percent, to $36.11. International Business Machines Corp. fell$. 57 or. 3 percent, to $194.00.
Apple Inc. fell. 2 percent to $98.15 with 19,307,000 shares traded. Cisco Systems Inc. fell. 4 percent to $25.60 with 12,686,700 shares traded. Facebook Inc. rose 1.6 percent to $74.88 with 23,281,300 shares traded.
Apple Inc s fell$. 23 or. 2 percent, to $98.15. Hewlett Packard Co. rose$. 04 or. 1 percent, to $35.98. International Business Machines Corp. fell$. 28 or. 1 percent, to $194.29.
Best Buy, survivor of a breed that once included competitors like Circuit City, is trying to stay relevant. Re/code reports.
Apple Inc s fell$. 03 or percent, to $98.35. Hewlett Packard Co. rose$. 07 or. 2 percent, to $36.01. International Business Machines Corp. rose$. 41 or. 2 percent, to $194.98.
MOSCOW, July 30- Russia has proposed that Apple Inc and SAP hand the government access to their source code to make sure their widely used products are not tools for spying on state institutions.
Facebook is killing off the Gifts remainder that allowed people to order digital gift cards through the site. Re/Code reports.
Changing your mind about a purchase can be expensive—particularly if it's a big-ticket item.
DUBLIN, July 30- Ireland is in the firing line from Washington again for luring U.S. companies to its shores for tax benefits, but despite contrite noises coming from Dublin, it has too much to lose to discourage U.S. firms bent on shifting their tax domiciles.
Microsoft gave employees a peek at a "selfie" phone featuring a 5-megapixel forward-facing camera at a meeting this week.
Global brands are learning to get creative with wooing the price-sensitive Indian consumer, who has a penchant for bargain-hunting and little brand loyalty.
2. If I Stay by Gayle Forman- 9781101046340-. 3. The Fault in Our Stars by John Green- 9781101569184-. 8. Invisible by David Ellis& James Patterson- 9780316405409-.
1. Burnin' It Down, Jason Aldean. 3. Stay With Me, Sam Smith. 3. Shawn Mendes- EP, Shawn Mendes.
NEW YORK— Samsung Electronics Co., the world's biggest maker of smartphones, saw its sales drop in the second quarter, a research firm said Tuesday. Operating profit declined, and Samsung said sales of medium- and low-end smartphones were weak in China and in some European countries because of stronger competition and sluggish demand.
SEATTLE, July 29- Microsoft Corp's hardware chief gave employees a sneak peek at a' selfie' phone featuring a 5 megapixel forward-facing camera at an internal meeting this week, a source at the company said on Tuesday.
"It is a really reassuring sign that BlackBerry is now less focused on firefighting and more focused on identifying and building for the long-term into enterprise services," said CCS Insight analyst Geoff Blaber. Still, BlackBerry shares fell 4 percent to $9.54 on Nasdaq and C $10.45 on the Toronto Stock Exchange.
SEATTLE, July 29- Microsoft Corp's hardware chief gave employees a sneak peak at a' selfie' phone featuring a 5 megapixel forward-facing camera at an internal meeting this week, a source at the company said on Tuesday.
With lowered guidance, Samsung should focus on how to dominate lower cost smartphones from Chinese companies and maintain its large market share.