Tag Archives: Samsung Electronics Co

Business, Finance, Occupation & Industry

Will Apple's Latest Results Be Its Latest Letdown?

Leave a comment

By The Associated Press

Filed under: , , ,

By MICHAEL LIEDTKE

SAN FRANCISCO (AP) – Apple’s (AAPL) latest quarterly results are likely to illustrate why investors are clamoring for the maker of the iPhone and the iPad to come out with another trend-setting device.

The report, due out after the stock market closes Tuesday, is expected to show that Apple Inc. is making less money as more customers buy its lower-priced iPhones and iPads instead of the top-of-the-line models. Other consumers increasingly are bypassing Apple products altogether as smartphones and tablet computers running Google’s Android software win more fans.

Those dynamics have changed the way that Wall Street – and even parts of Main Street – view Apple. Once regarded as an indomitable innovator, Apple now looks vulnerable and perhaps a step behind Google Inc. and the leading Android disciple, Samsung Electronics Co.

If analysts’ projections pan out, Apple’s earnings fell during the three months that ended in June, marking the second consecutive quarter of decline. The slump follows a decade-long streak of earnings growth that ended at the start of the year. Analysts surveyed by FactSet are expecting, on average, earnings of $7.34 per share, down from $9.32 per share a year ago.

Meanwhile, analysts are forecasting little or no revenue growth for the first time since the debut of the iPhone six years ago. Analysts are expecting $35 billion in revenue for the period, its fiscal third quarter. It was $35 billion at the same time last year.

Those would be impressive numbers for most companies, but the bar has been set high for Apple since the introduction of its iPhone triggered an upheaval that has changed the way people engage with technology. Smartphones and tablets are emerging as the preferred way to connect to the Internet and perform many other common computing tasks. In the process, those mobile devices are supplanting laptop and desktop computers.

Ignited by its early lead in smartphones and tablets, Apple’s financial performance launched into a scintillating trajectory that catapulted its stock into Wall Street’s stratosphere, too. The company’s shares rose nearly six-fold from the debut of the first iPhone in 2007 to the release of the latest model last September to establish Apple as the world’s most valuable company.

Since peaking 10 months ago at $705.07, Apple’s stock has plummeted by about 40 percent to about $425 to wipe out roughly $260 billion in shareholder wealth. It is now behind Exxon Mobil Corp. in market capitalization – at $400 billion, compared with $422 billion for the energy company. Not even a recent 15 percent increase in Apple’s quarterly dividend has done much for the stock.

Despite the downturn in the company’s fortunes, Apple’s products still have legions of admirers. Sales of iPhones for the just-ended quarter are expected to total about 26 million, around the same number as the same time last year. But a …read more

Source: FULL ARTICLE at DailyFinance

Articles of Interest

Apple Shares Up After Samsung Galaxy S4 Announcement

Leave a comment

By The Huffington Post News Editors

NEW YORK (AP) — Shares of Apple Inc. climbed Friday after its chief competitor, Samsung Electronics Co., revealed a new top-of-the-line smartphone model.

THE SPARK: Late Thursday, Samsung revealed the Galaxy S 4 at an event in New York. It features a slightly larger screen in a slightly smaller body than predecessor S III and includes several new ways of controlling the phone without touching it. The global roll-out will start at the end of April. The four largest U.S. cell phone carriers have committed to selling it in, in addition to two smaller ones.

THE ANALYSIS: Most analysts see the S 4 as an incremental advance for Samsung, but not a game-changer that’s likely to deal a big blow to Apple. The main weakness of the iPhone 5 is that it has a small screen relative to high-end Android phones; the S 4 is 56 percent larger.

Read More…
More on AP

…read more
Source: FULL ARTICLE at Huffington Post

Business, Finance, Occupation & Industry

Sprint Statement on the Upcoming Availability of Samsung Galaxy S 4

Leave a comment

By Business Wirevia The Motley Fool

Filed under:

Sprint Statement on the Upcoming Availability of Samsung Galaxy S 4

NEW YORK & OVERLAND PARK, Kan.–(BUSINESS WIRE)– Today, Samsung Electronics Co., Ltd. introduced Galaxy S® 4, successor to the award-winning Samsung Galaxy S III. Sprint (NYS: S) will offer the U.S. variant of Galaxy S 4 in the second quarter of this year.

Fared Adib, senior vice president-Product Development at Sprint, issued the following statement:

“Sprint is excited to bring the benefit of Truly UnlimitedSM 4G LTE data to the U.S. variant of Galaxy S 4 in the second quarter of this year. Our customers will appreciate the ability to use Galaxy S 4 to surf the Web, share pictures and videos, and use this smartphone as much as they want without worrying about throttling or overage charges on their monthly bill due to data caps. NPD Group data indicated in 4Q 2012 that Sprint was the top U.S. seller of Samsung Galaxy S III, so we believe our customers will also enjoy its successor’s features and unlimited data.”

Galaxy S 4 customers can enjoy an unlimited data experience with Sprint Everything Data plans. Sprint’s Everything Data plan with Any Mobile, AnytimeSM includes unlimited Web, texting and calling to and from any mobile in North America while on the Sprint Network, starting at just $79.99 per month for smartphones – a savings of $20 per month versus Verizon’s comparable plan with unlimited talk, text and 2GB Web (excludes taxes and surcharges).

Additional details, including pricing, will be shared in the coming weeks.

About Sprint Nextel

Sprint Nextel offers a comprehensive range of wireless and wireline communications services bringing the freedom of mobility to consumers, businesses and government users. Sprint Nextel served more than 55 million customers at the end of 2012 and is widely recognized for developing, engineering and deploying innovative technologies, including the first wireless 4G service from a national carrier in the United States; offering industry-leading mobile data services, leading prepaid brands including Virgin Mobile USA, Boost Mobile, and Assurance Wireless; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone. The American Customer Satisfaction Index rated Sprint No. 1 among all national carriers in customer satisfaction and most improved, across all 47 industries, during the last four years. Newsweek ranked Sprint No. 3 in both its 2011 and 2012 Green Rankings, listing it as one of the nation’s greenest …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

The Buzz Ahead of the Launch of Samsung's Latest "iPhone Killer"

Leave a comment

By 24/7 Wall St.

Samsun galaxy s3 phone

Filed under:

The press can barely contain itself as the launch of the new Apple Inc. (NASDAQ: AAPL) iPhone killer approaches. Samsung’s Galaxy S IV, based on comments by some sources, will be the greatest smartphone ever made. With nothing actually to cover ahead of the launch, media have resorted to speculation and worthless analysis.

According to The Wall Street Journal:

The technology industry will be paying close attention to Samsung Electronics Co. this week when it lifts the curtains on a new high-end smartphone at an event in New York on Thursday.

A lot is riding on the new device as Samsung aims to maintain its lead and boost profits in the increasingly crowded smartphone market.

Samsung executives declined to comment on the new device ahead of its launch, but analysts say the new smartphone will likely have a faster chip and an improved camera. It also will have a slightly bigger and higher-resolution five-inch AMOLED (active-matrix organic light-emitting diode) screen and longer battery life than the previous Galaxy S III model.

Under the circumstances, how else could the technology industry spend its time?

Filed under: 24/7 Wall St. Wire, Consumer Electronics, Rumors, Wireless Tagged: AAPL

Read | Permalink | Email this | Linking Blogs | Comments

…read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

What's Important in the Financial World (3/13/2013)

Leave a comment

By 24/7 Wall St.

147915698

Filed under:

Google Privacy Violations

Google Inc. (NASDAQ: GOOG) admitted that as it collected data for its street mapping initiative, it collected private data from unprotected Wi-Fi systems as well. The penalty for the action was so small that it was meaningless. According to The New York Times:

In agreeing to settle a case brought by 38 states involving the project, the search company for the first time is required to aggressively police its own employees on privacy issues and to explicitly tell the public how to fend off privacy violations like this one.

While the settlement also included a tiny – for Google – fine of $7 million, privacy advocates and Google critics characterized the overall agreement as a breakthrough for a company they say has become a serial violator of privacy.

Complaints have led to multiple enforcement actions in recent years and a spate of worldwide investigations into the way the mapping project also collected the personal data of private computer users.

Galaxy S IV Buzz

The press can barely contain itself as the launch of the new Apple Inc. (NASDAQ: AAPL) iPhone killer approaches. Samsung’s Galaxy S IV, based on comments by some sources, will be the greatest smartphone ever made. With nothing actually to cover ahead of the launch, media have resorted to speculation and worthless analysis. According to The Wall Street Journal:

The technology industry will be paying close attention to Samsung Electronics Co. this week when it lifts the curtains on a new high-end smartphone at an event in New York on Thursday.

A lot is riding on the new device as Samsung aims to maintain its lead and boost profits in the increasingly crowded smartphone market.

Samsung executives declined to comment on the new device ahead of its launch, but analysts say the new smartphone will likely have a faster chip and an improved camera. It also will have a slightly bigger and higher-resolution five-inch AMOLED (active-matrix organic light-emitting diode) screen and longer battery life than the previous Galaxy S III model.

Under the circumstances, how else could the technology industry spend its time?

Teens and the Internet

Teenagers do not use personal computers to access the Internet as much as they once did. Since almost every American has a cellphone, and many of these are smartphones connected to 3G and 4G networks, the trend makes sense. Also, young people tend to be “early adopters” of new tech products, so teenage use of phones for Internet use should be ahead of other age groups. According to the new Pew Internet & American Life Project study:

Smartphone adoption among American teens has increased substantially and mobile access to the internet is pervasive. One in four teens are “cell-mostly” internet users, who say they mostly go online using their phone and not using some other device such as a desktop or laptop computer.

These are among the new findings from a nationally representative Pew Research Center survey that explored technology use among 802 youth ages 12-17 and their parents. Key findings include:

News, Politics, Government

Why Korea Needs To Become A Brand

Leave a comment

By Patrick Hanlon, Contributor Camiseta de PSY 'Gangnam Style' (Photo credit: nvivo.es, 5gig) Korea’s Samsung Electronics Co. announced Tuesday that it capped its best year ever with another record quarterly profit. Korean car manufacturer Hyundai announced another year of record auto sales—double digits over the previous year’s record-breaking sales. South Korean rapper Psy’s video ‘Gangnam […]
Source: FULL ARTICLE at Forbes Latest