Apple shares are falling in Wednesday trading in spite of recording increase of sales. Dips down to $398.11 and ends in $402.80.
The issue started when Cirrus Logic, an Apple supplier that makes the sound parts for the iPads and iPhones, reported a drop in sales. 90% of Cirrus Logic’s revenue accounts from Apple, according to reports.
With the Cuppertino, California-based company expected to released their quarterly results, some worries that it might not be surprising anymore.
Pressure on the company
Apple has been celebrating for their great success in . . . → Read More: Apple Shares Dropped and Sales Could Slow Down
The smartphone maker from Taiwan, HTC Corp. is now strengthening the company’s engineering team in China and extending its sales channels to take hold of a part of the smartphone market in China. This is because it still continues to do great effort in the European and US markets in the midst of strong competition from Samsung Electronics Co. and Apple Inc.
The move to go to China appears to be natural for the company. However, at the time of its superiority in 2000, HTC focused on the Europe and US, increasing its market share as the principal adopter of . . . → Read More: HTC Corp. on the move to increasing sales in China
Research In Motion (RIM) will unveil five latest Blackberry phones with touch screens as it expects to renew the line’s dwindling appeal in the face of competition from the iPhone and Android Smartphones.
The latest phones had been expected earlier this year, but were postponed. Even though the company is profitable and seeing increasing sales, it is increasingly seen as a has-been that missed the opportunity to parlay the BlackBerry’s fame as a corporate email device into mass-market supremacy.
The Canadian company, which is based in Waterloo, Ontario, is updating its high-end Bold models . . . → Read More: RIM Launches Touch-Screen BlackBerrys