Well, it seems like the rumors are true: chipmaking giant Intel has just announced that they are buying Infineon for $1.4 billion, the company that makes the baseband chips inside many of the hottest smartphones on the market, including the iPhone. This is a big deal. Intel’s got a lock on the conventional computing market, [...]
When it comes to desktop, laptop and server chips, Intel’s pretty much got a lock on the market… but there’s a lot to worry about. Everyone can see the writing on the wall: mobile chips and architectures are the future of computing thanks to the popularity of smartphones, but Intel doesn’t have anything to offer [...]
Apple executives said during an earnings call with Wall Street analysts that it will have completed its massive North Carolina datacenter by the end of this calendar year. The company plans to use the facility early next year to bolster its booming iTunes and App Store operations, but industry watchers suspect [...]
The successful iPad and iPhone 4 launches helped Apple rake in nearly $16 billion of revenue in their third quarter which ended before the nasty side-effects of Antennagate had time to kick in. Apple just posted its fiscal 2010 third quarter ended June 26, 2010 and the results are impressive. In [...]
Apple today announced financial results for its fiscal 2010 third quarter which ended June 26, 2010. The Company posted revenue of $15.7 billion and net quarterly profit of $3.25 billion, or $3.51 per diluted share. These results compare to revenue of $9.73 billion and net quarterly profit of $1.83 billion, or $2.01 per diluted [...]
By Josh Ong Published: 08:30 PM EST A recall of the iPhone 4 could cost Apple as much as $1.5 billion, according to one investment research firm. Toni Sacconaghi, an analyst for Bernstein Research, said in a note to clients on Tuesday that while a full product recall is “highly unlikely,” it could theoretically [...]
[fivefilters.org: unable to retrieve full-text content] Following a variety of criticism surrounding the iPhone 4 antenna design, Bernstein Research analyst Tony Sacconaghi has distributed a note detailing a cost estimate for a full recall. Although he considers a product recall to be “highly unlikely,” it could cast the company $1.5 billion…. IPhone – Smartphone – [...]
HP today announced that it will acquire Palm in a deal valued at $1.2 billion. The deal brings Palm, struggling to reinvent itself as a smartphone company after being a major player in the PDA market, into the fold with HP, a traditional computer company that has yet to make a signficant foray into the [...]