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Apple's iPhone loses China market share
Feb 17th, 2012
HONG KONG/BEIJING (Reuters) - Apple Inc's share of China's booming smartphone market slipped for a second straight quarter in October-December, as it lost ground to cheaper local brands and as some shoppers held off until after the iPhone 4S launch last month. China, the world's largest mobile phone market, has not been easy for Apple, which is grappling with a lawsuit from a local firm over the iPad name and issues at its suppliers' factories over wages and working conditions. ... (Source: Reuters) -
Ahead of Apple's WWDC on June 11-15 Google + users are buzzing about rumors that the latest iPhone, the iPhone 5, could feature a 4" or bigger display. (Source: AFP Relax News)... [Full Article]
NEW YORK (Reuters) - Google Inc completed its $12.5 billion purchase of Motorola Mobility, and the Web search leader named a new management team for the cellphone maker. Google said on Tuesday that Motorola Chief Executive Sanjay Jha has stepped and has been succeeded by Dennis Woodside, former president of Google's Americas region. Woodside o... [Full Article]
NEW YORK (Reuters) - China can now bypass Wall Street when buying U.S. government debt and go straight to the U.S. Treasury, in what is the Treasury's first-ever direct relationship with a foreign government, according to documents viewed by Reuters. The relationship means the People's Bank of China buys U.S. debt using a different method... [Full Article]
Britain unveiled a draft energy law on Tuesday aiming to plug a looming energy gap with £110 billion of investment in nuclear and renewable energy over a decade. (Source: AFP)... [Full Article]
SAN FRANCISCO (Reuters) - Dell Inc's quarterly revenue fell more than Wall Street's expectations, hurt by weak sales to consumers, large enterprises and government units. Shares of the world's No. 3 maker of personal computers fell almost 8 percent to $13.90, from a close of $15.08 on Nasdaq. PC makers have struggled with slowing dem... [Full Article]
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