Samsung had reportedly increased their share in the market in the first quarter of 2013. Now, they are facing a problem – a good problem. Just like Apple, the South, Korea-based company has a pile of hard-earned accumulated cash. The problem? how to spend those cash.
After the revenue reports in the first quarter this year, Samsung has a 42% increase in their profit. The company said that their cash equivalent and cash increase about $40 billion at the end of the quarter.
The South, Korea-based company then paid their debts leaving a cash . . . → Read More: Samsung’s Problem Facing Unspent Cash Pile
Nokia’s venture capital arm, Nokia Growth Partners, is planning to invest more in the California-based startup company Pelican Imaging as an attempt to get back customers from top competitors such as Android devices and Apple devices that offers high-end cameras with features and technology that changes picture-taking experience of the users in to a higher level.
This move from the Nokia’s venture capital arm is to encourage the demand of Nokia’s flagship phone line, the Lumia – which handles Microsoft Corporation’s Windows OS – to recover the loss in market share and increase the sales.
. . . → Read More: Nokia Invests on Cameras to get back Customers from Competitors
Android reportedly caused the drop of shares of Apple Inc. According to analysts and income reports of both companies, though Apple sold many iPads in the first quarter, their share in the tablet PC market decreased slightly and might continue this year. While Android platform together with Samsung, Apple’s greatest rival, is enjoying a huge leap of profit and increased market share.
But one analysts, Carl Howe, concluded that Apple might also cause a drop of profit and share of Android smartphones in the coming years.
In a poll conducted by the Yankee Group, . . . → Read More: Apple will Regain Profit and Share in the Coming Years According to Analyst
The wireless carrier, Verizon Communications, reported a healthy profit on Thursday. The revenue is mainly from the wireless business that made millions from the smartphone sales, services, and subscription that keeps growing steadily.
The company’s investors were reportedly very satisfied and happy with the results in spite of the communication company’s increase of smartphone plan prices and cutting down the unlimited data service these past few years. Customers just keep coming and subscribing and seems like they are more willing to spend now in their monthly bills.
According to analyst Tero Kuittinen of Alekstra, . . . → Read More: Verizon Wireless Reports Healthy Profit and Increased Share
Taiwan’s largest smartphone manufacturer, HTC, has reported their lowest quarterly revenue. According to analyst, this is due to the delayed release of their latest flagship smartphone, the HTC One, that caused the company not to reach their profit target.
In the first quarter of 2013, HTC’s net income decreased 2.8 million USD or 85 million NTD. This is the sixth plunged of revenue said HTC Corp. yesterday in their income report.
HTC’s preparations and getting people excited for the release of HTC One suddenly lost momentum when the company stumbled in some issues in . . . → Read More: HTC Corp Hits Record Low Revenue in the First Quarter of 2013
T-Mobile, one of the biggest wireless network provider in the US, is now marketing the popular iPhone 5 not in a common contract way but in something new that might appeal a lot of users.
The wireless network provider is now promoting the latest iPhone 5 without having to tie up or have a contract with them but to pay $579.33 upfront. This is something new to wireless providers and T-Mobile opened a new strategy that might attract or get back the costumers that they have lost over the year.
Costumers who passed the . . . → Read More: T-Mobile Promotes iPhone 5 without Agreement
Now that the Galaxy S4 from Samsung is officially out and seems competing with the iPhone 5 in the market, people are now beginning to anticipate the next phone in the Apple’s iPhone line. Apple, clearly the greatest rival of Samsung, is due to release a new device in this year for them to maintain their scheduled release date of new devices. Even when iPhone 5 is not yet released, the speculations of iPhone 6 already began such as the release date and etc.
There are no leaks or reports about the new casing, release time . . . → Read More: iPhone 6 Rumors