After a lackluster morning session, Asian stocks mostly advanced on Friday, with Tokyo, Shanghai and Sydney markets finishing the week at new highs.» Read More
SEATTLE/ BEIJING, March 17- Microsoft Corp is making its biggest push into the heavily pirated Chinese consumer computing market this summer by offering free upgrades to Windows 10 to all Windows users, regardless of whether they are running genuine copies of the software. The move is an unprecedented attempt by Microsoft to get legitimate versions of its...
BARCELONA, March 6- Telecom network gear makers are on a collision course with Silicon Valley computing giants as software and cloud computing have begun to change the way operators from AT&T to China Mobile run their networks. As networks move to relatively standard hardware, formerly entrenched equipment groups must increasingly compete for contracts...
CNBC's "Fast Money" traders discussed the sectors they believe hold the best growth prospects.
Apple had strong sales and earnings results in China, and its methods can teach other American firms how to succeed there.
SHANGHAI, Jan 28- Apple Inc is steering clear of Chinese rival Xiaomi Inc's low-price online strategy, ramping up store openings in China to harness its premium edge and fend off the fast-growing No.3 global smartphone maker. "In the long run Xiaomi is more of a threat to Apple than say Samsung," said Ben Thompson, analyst at Stratechery.com. Instead, Apple plans to...
SHANGHAI, Jan 28- China stocks fell on Wednesday on concerns about tighter liquidity and a fresh slide in oil prices, but Hong Kong managed to eke out gains as telecommunications counters climbed. In Hong Kong, the Hang Seng index rose 0.3 percent to 24,889.02 points, buoyed by telecommunications, with industry heavyweight China Mobile rising 1.8 percent.
Jan 27- Apple Inc quarterly results smashed Wall Street expectations with record sales of big-screen iPhones in the holiday shopping season and a 70 percent rise in China sales, powering the company to the largest profit in corporate history. Apple's cash pile is now $178 billion, enough to buy IBM or the equivalent to $556 for every American.
Jan 27- Apple Inc quarterly results smashed Wall Street expectations with record sales of iPhone 6 and 6 Plus smartphones in the holiday shopping season and strong sales in China, although the United States remained the top iPhone market. Apple Chief Financial Officer Luca Maestri told Reuters in an interview that the company did not sell more iPhones in China...
Jan 27- Apple Inc posted a far better-than-expected 29.5 percent jump in quarterly revenue, driven by record sales of iPhone 6 and 6 Plus smartphones in the holiday shopping season and strong sales in China. Apple Chief Financial Officer Luca Maestri told Reuters that the company did not sell more iPhones in China than the United States, despite some earlier...
Apple expected to report more iPhone sales in China than in the US, highlighting the shifting power balance of the smartphone market, the FT reports.
The "Fast Money" traders give their final trades of the day.
BEIJING, Dec 15- China stocks fell on Monday as retail investors stopped ploughing money into blue chips and backed off from margin trading, two major factors behind a huge market rally in recent weeks. "The aggressive stocks and margin financing actually go together, it's margin financing's facilitator," said Xue Caofeng, head of research at Huaxi securities.
Blockbuster growth in China's smartphone sector has come to an end as mobile carriers scale back on subsidies and the market approaches saturation, says IDC.
*China encourages infrastructure firms to invest overseas. SHANGHAI, Nov 4- China shares were flat on Tuesday morning after a five-day rally as profit taking capped gains in engineering and machinery companies, which rose after Beijing encouraged infrastructure firms to invest abroad. Shares in infrastructure firms were the biggest gainers, with market...
Asian share markets were mostly lower on Tuesday following a mixed morning session as investors digested key data from China.
China Mobile's quarterly revenue fell year-on-year for the first time as it struggles in the face of rising competition from popular messaging apps.
Technology is widely used in developed markets, but the size and scale of China make this a huge opportunity for tech firms and a problem for doctors.
Apple stock is worth buying following the company's latest product launches, Cantor Fitzgerald's Brian White says.
Consumers in China will not be able to buy the new iPhone 6 as part of the first wave of buyers around the world this month.
Apple's new mobile payment system is to set to take the U.S. e-commerce sector by storm but its launch in Asia remains far off, analysts said.