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Wednesday, April 25, 2012

Technology Report: Apple growth hinges on China, new devices

Reuters » Technology Report
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04/25/2012
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Apple growth hinges on China, new devices
SAN FRANCISCO (Reuters) - Apple Inc's surprisingly strong performance in China has soothed fears that iPhone sales were losing steam, though analysts wondered how long Chief Executive Tim Cook could sustain the company's sizzling growth without a revolutionary new product.
Nokia, HTC win European patent ruling
HELSINKI (Reuters) - Finland's Nokia and Taiwan's HTC won a key European ruling that a patent of German firm IPCom, which was threatening sales of their phones in Germany, was invalid in its current form.
Nintendo's hard choices for a soft landing
TOKYO (Reuters) - In 2006 Nintendo took video gaming out of the kids' room and into the living room, as its hit Wii created a new niche as the console the whole family could share.
Marines to discharge sergeant who criticized Obama on Facebook
LOS ANGELES (Reuters) - A U.S. Marine sergeant who wrote in a Facebook post that he would not follow orders from President Barack Obama will be discharged from the military on "other than honorable" terms, a Marine spokesman said on Wednesday.
In Canada, phones poised to challenge credit cards
TORONTO (Reuters) - Thousands of Canadian retailers already have equipment in place to let customers pay for purchases with a swipe of their mobile phones, putting the country in the lead in developing a system that could one day make cash obsolete.
Akamai first-quarter adjusted profit beats Street
(Reuters) - Internet content delivery company Akamai Technologies Inc posted a quarterly profit above analysts' estimates helped by soaring demand.
FCC okays AT&T spectrum transfer to T-Mobile USA
NEW YORK (Reuters) - AT&T Inc, the No. 2 U.S. mobile service provider, has received regulatory approval for its plan to give T-Mobile USA a big chunk of spectrum as part of its break-up offering in compensation for the failure of their efforts to merge.
Chipmaker LSI's quarterly rev beats Street
(Reuters) - Chipmaker LSI posted first-quarter revenue of $622 million and net income from continuing operations of $75 million, or 13 cents a share, fueled by a recovering hard-drive market and higher flash controller sales.
Intel to challenge antitrust fine in EU court
BRUSSELS (Reuters) - U.S. chipmaker Intel Corp will ask Europe's second-highest court in July to scrap a 1.06 billion euro ($1.4 billion) EU antitrust fine, arguing regulators failed to prove it blocked a rival in their 2009 decision.
Shutterfly says no rival bids for Kodak business
(Reuters) - Photo-sharing service Shutterfly Inc said there were no competing bids for Eastman Kodak Co's online photo services business that Shutterfly is set to buy for $23.8 million.
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