Razr is back. After being criticized for depending on the four letter brand for too long, Motorola is hoping to draw some more blood from the stone with the new Droid Razr in the U.S. market. It will be called plain old Razr in the rest of the world.
Apple reported a rare miss in quarterly revenue after sales of its flagship iPhone fell well short of Wall Street expectations. The September quarterly report was Apple’s first under new CEO Tim Cook, who took over in August after co-founder Steve Jobs resigned. The company reported a net profit of $6.62 billion, or $7.05 a share. That fell shy of expectations for earnings of $7.39 per share.
As Apple reports quarterly earnings based largely on the number of iPhones it sold, the honeymoon continues for the lucky millions able to get their hands on the newest 4S model, which was initially criticized for not being new enough. Apple went on to sell 4 million of them in 3 days.
Apple said it sold 4 million iPhone 4S devices in the new smartphone’s first three days on the market, setting up a strong December quarter for the world’s largest technology company. Helped by availability in more countries and on more telecommunications carrier networks, the iPhone 4S, which went on sale last Friday, managed to outshine the iPhone 4, which sold 1.7 million over its first three days. Unveiled just a day before Steve Jobs died, it was initially dubbed a disappointment, partly because it looked identical to its predecessor. But anticipation of its “Siri” voice software helped it set an online record in pre-orders on October 7.
Apple looked to ring in record first day sales as long lines made up of eager wannabe iPhone 4S owners formed at its stores around the world. In New York, the line outside Apple’s flagship Manhattan store no longer extended around the block after a half-hour of sales, but more people joined it as the morning progressed. Queues in Paris were smaller than those normally seen for a brand-new iPhone, with some fans there wondering if the somewhat underwhelming introduction had put people off, but in London and elsewhere the lines were as long as ever. Apple took more than 1 million online orders in the first 24 hours after its release, exceeding the 600,000 for the iPhone 4, which was sold in fewer countries initially.
Google’s third-quarter results trounced Wall Street expectations as good cost controls helped boost the Internet search leader’s profit by about 26 percent. The world’s No. 1 Internet search engine said its net income in the three months ended September 30 totaled $2.73 billion, up from $2.17 billion in the year-ago period.
As Research In Motion deals with the fallout from service disruptions that have affected millions of BlackBerry users around the world this week, a survey by Aite Group shows that out of 402 financial advisers polled, 45 percent say they would choose an Apple iPhone or iPad, while 14 percent would pick a BlackBerry.
Katharine Herrup, friend and editor (depending on how this goes, not necessarily in that order, or either, for that matter) has challenged us with a simple question: Why aren’t there more über successful women in tech, and everywhere, for that matter?
Apple rolled out its iOS 5 mobile operating system, one week after pancreatic cancer claimed the life of its former CEO and visionary Steve Jobs. The update adds voice recognition software called “Siri”, instant messaging and support for Apple’s iCloud service, although the inclusion of Siri is limited to the iPhone 4S. MacWorld’s Dan Moren says the free update is “ambitious” and that “there’s hardly a part of Apple’s mobile operating system that isn’t altered in some way”. Engadget’s Dante Cesa says that “other than turn-by-turn navigation, more multitasking APIs and some delectable widgets, there isn’t much, headline-wise, left on Apple’s hit list for iOS 6“.