As if Apple needed more trouble, here comes a double whammy. First, Apple CEO Tim Cook had to apologize to the Chinese consumers. Second, Apple got a downgrade from a big Wall Street supporter. A popular new segment on China Central Television highlighted how Apple discriminated against Chinese consumers with its warranties and
This morning BlackBerry released much anticipated earnings. After reviewing the earnings report, my conclusion is that it does not reveal much for a long-term investor since the company is in transition. The headline numbers were better than expected with one million BlackBerry Z10 phones sold. Here are the reasons why celebration for BlackBerry is
BlackBerry’s new device, the Z10, has now been introduced in a number of markets including the United States. It appears to have had a strong launch in places like Canada, theUnitedKingdom and India. In contrast, the launch in the U.S. by AT&T has been listless. The reason the BlackBerry launch has gone better in Canada, United Kingdom and
As BlackBerry attempts to stage a comeback with BB 10, one aspect of its sales pitch is that BlackBerry is famous for its security characteristics. Now BlackBerry is losing its security aura. The timing could not be worse for BlackBerry of a security warning coming from Canada. Canada.com reports that the government department in charge of cyber security
It is said that imitation is the sincerest form of flattery. Apple’s Passbook app has a new fan in Samsung. At Mobile World Congress in Barcelona, Samsung introduced its new Wallet app. The preliminary details show that the Wallet app imitates Passbook in several respects. Apple’s Passbook app allows users to handle mobile payments
At the annual Mobile World Congress in Barcelona, Huawei introduced the world’s fastest smartphone. Most Americans have never heard of Huawei. Huawei is no small fry; it is a large Chinese company. Its principal business is networking and telecommunications equipment. It has overtaken Ericsson to become the largest telecommunications equipment manufacturer in the world.
The Boot to Gecko project (B2G) being developed by the Mozilla Foundation is now ready to challenge Apple and Google’s dominance of mobile devices. Mozilla Foundation is a not-for-profit entity that is the producer of the popular Firefox browser. Mozilla Foundation also has a tax-paying subsidiary called Mozilla Corporation. B2G Firefox OS B2G is
Goldman Sachs, according to Reuters, says AIG has replaced Apple as the favorite pick of hedge funds. Apple’s arch enemy Google is now also favored over Apple by hedge funds. Apple has not been abandoned by hedge funds; it is now in third place. According to Goldman’s data, hedge fund’s top holdings were reported to
Yesterday, Apple CEO Tim Cook, in a fireside chat, tried to convince the world that Apple is still the center of innovation in the technology world. Cook said that about one quarter of Apple employees were working on new products. There were no specifics but presumably new products include iTV. While Cook was
The first carrier to introduce the BlackBerry Z10 in the U.S. is not Verizon, AT&T, Sprint, or T-Mobile. It is a carrier that you have probably never heard of. Solavei, a relatively new phone carrier, is introducing Z10 for a price of $999. You can buy it on their website with a promise