SAN FRANCISCO/NEW YORK (Reuters) – Apple Inc has sold 3 million iPads in less than three months, a faster-than-expected pace that boosted its stock days before the company’s newest iPhone hits store shelves.
Several brokerages, including Kaufman Bros and UBS, raised their estimates on Apple’s earnings or revenue on Tuesday. Shares in the company, which starts selling the iPhone 4 in the five of the world’s six largest economies on Thursday, shot up as much as 2.1 percent before ending the day up 1.4 percent.
SAN FRANCISCO/NEW YORK (Reuters) – Apple Inc said on Tuesday it sold 3 million iPads since the touch-screen tablet computer hit the market less than three months ago, boosting its stock two days before the company’s iPhone arrives on store shelves.
Shares in the consumer electronics company, which has overtaken Microsoft Corp to become the world’s most valuable technology company, closed up 1.36 percent.
SAN FRANCISCO (Reuters) – British chip designer ARM Holdings Plc says it expects to benefit from a coming wave of tablet computers beyond Apple Inc’s iPad, as the new devices begin to eat into traditional notebook PC sales.
Warren East, chief executive of ARM, whose chip designs power 90 percent of the world’s smartphones and a quarter of its electronic devices, said consumers are quickly adapting to the new computing paradigm that Apple has pioneered.
LOS ANGELES/NEW YORK (Reuters) – Sales of Apple Inc’s latest iPhone blew away expectations in its first day on the market despite shortages and an embarrassing online ordering glitch that thwarted many shoppers.
Apple shares rose nearly 3 percent on Wednesday after it announced sales of more than 600,000 iPhone 4s, a record for just a single day of pre-orders. That put the device on track to surpass sales of its previous iPhone models as well as its iPad tablet computer, and sounded a strong challenge to rivals like Nokia Corp, which warned of weaker-than-expected sales at its phones unit.
LOS ANGELES (Reuters) – Electronic Arts defended its decision to slash its release slate for this fiscal year and focus instead on fewer blockbuster titles and a booming digital and mobile business, saying it was a response to a changing reality in the $60 billion gaming industry.
The game publisher’s chief operating officer, John Schappert, said EA’s strategy of making fewer — but bigger — bets makes sense because the market is now dominated by a smaller number of blockbuster games that generate more and more revenue through additional downloadable content.
LOS ANGELES/NEW YORK (Reuters) – Sales of Apple Inc’s latest iPhone blew away expectations despite an embarrassing ordering malfunction that turned away many would-be buyers, sending its shares nearly 3 percent higher on Wednesday.
Apple said it sold more than 600,000 of its iPhone 4, a record for just a single day of preorders. That put the device on track to surpass sales of its previous iPhone as well as its iPad tablet computer, and sounded a strong challenge to rivals like Nokia, which warned of weaker-than-expected sales at its phones unit.
Apple is, of course, absent from this week’s video game extravaganza, the E3 Expo in Los Angeles. The company just doesn’t do trade shows. But its presence looms over the event.
Apple has managed to create a whole new gaming market with the iPhone since its debut in 2007. There are tens of thousands of games available for download via Apple’s App Store, and it’s an open debate as to how much the iPhone’s success has hurt the traditional hardware makers, namely Nintendo and Sony, which both make portable gaming devices.
As if the world’s most important video game trade show weren’t enough to snarl the already migraine-inducing traffic conditions that Los Angeles is famous for, the NBA Finals intruded on Tuesday to make things just a little bit more aggravating.
The E3 Expo brings all the leading lights of the gaming world, plus thousands of media types and fanboys, into downtown LA for a week of revelry. The event takes up residence at the LA Convention Center, and the show floor opened to predictable excitement at noon on Tuesday
LOS ANGELES (Reuters) – Electronics hardware makers on Tuesday showed off snazzy new devices enabling motion-sensing play and 3D effects, intensifying a battle to introduce video-gaming to a new generation of casual users.
Hot on the heels of Microsoft Corp’s full-body motion-sensing Kinect, Japan’s Nintendo Co Ltd on Tuesday took the wraps off a new version of its DS handheld device that can play games and show movies in 3D without glasses.
LOS ANGELES, June 15 (Reuters) – Sony Corp (6758.T: Quote, Profile, Research)(SNE.N: Quote, Profile, Research)
will launch its motion-controlled gaming system on Sept. 15,
getting to market weeks ahead of a rival platform from
Microsoft Corp (MSFT.O: Quote, Profile, Research) as it makes the jump into one of the
hottest trends in gaming.
Motion-based gaming is all the rage at this year’s E3 in
Los Angeles, the gaming industry’s biggest trade show. It was
popularized by Nintendo Co Ltd (7974.OS: Quote, Profile, Research) and its Wii home
console, and is expected to help draw in millions of new gamers
in coming years.