Tech wrap: Apple beats Google to the music cloud

April 21, 2011

Storm clouds gather over Hanoi's skyline September 21, 2009. REUTERS/KhamApple has completed work on an online music storage service and is set to launch it ahead of Google, whose own music efforts have stalled, according to several people familiar with both companies’ plans. The sources revealed that Apple’s plans will allow iTunes customers to store their songs on a remote server, and then access them from wherever they have an Internet connection and that Apple has yet to sign any new licenses for the service and major music labels are hoping to secure deals before the service is launched. Amazon.com launched a music locker service earlier in April without new licensing agreements leading to threats of legal action from some music companies.

Tech wrap: Apple raises the earnings bar

April 20, 2011

A shop assistant in Sydney gestures in front of an advertising sign moments before Apple's iPad 2 became available for direct purchase in Australia March 25, 2011.  REUTERS/Tim Wimborne Apple reported quarterly revenue of $24.67 billion on strong iPhone and Mac sales, racing past Wall Street estimates. In the quarter, the company sold 18.65 million iPhones and 3.76 million Macintosh computers. Analysts expected 16.3 million and 3.64 million, respectively. Sales of iPads and iPods fell short. The number of iPads sold was 4.69 million, shy of the 6.3 million expected. Sales of iPods were 9 million, versus expectations of 9.85 million.

Live Coverage: Will Apple finally disclose iPad 2 sales figures?

April 20, 2011

Apple Madrid.jpg

Apple should report another spectacular quarter, but tempered by growing caution over how supply constraints will squeeze margins and restrain iPhone and iPad sales.

Tech wrap: Apple sues Samsung over “slavish” copies

April 18, 2011

An employee of Samsung Electronics demonstrates Samsung's Galaxy Tab tablet during a photo opportunity at a showroom of the company in Seoul January 18, 2011. Reuters/Lee Jae-WonApple sued rival Samsung Electronics claiming that Samsung’s Galaxy line of mobile phones and tablet “slavishly” copies the iPhone and iPad, according to court papers. The lawsuit, filed on Friday, alleges Samsung copied the look, product design and product user interface of Apple’s products. Samsung violated Apple’s patents and trademarks, the suit alleges.

Tech wrap: Google’s spending overshadows revenue growth

April 15, 2011

Google co-founder Larry Page in a file photo. REUTERS/Rick WilkingGoogle’s stunning 54 percent spending surge spooked investors already worried its new CEO Larry Page may take his eye off the bottom line to chase revenue growth, driving its shares more than 5 percent lower. Investors zeroed in on the stunning surge in expenses to $2.84 billion, which dwarfed a 29 percent jump in net revenue and reflected a record hiring spree, company-wide salary raises, and splurging on everything from marketing to technology. “If the expenses are targeted and result in future revenue streams, then good for Larry. If not, that results in an undisciplined spending approach”, said Colin Gillis, analyst at BGC Partners.

Tech wrap: HTC trumps Nokia

April 12, 2011

An employee holds a HTC Sensation mobile phone during its launch in London April 12, 2011. Taiwanese smartphone maker HTC unveiled on Tuesday a new handset model that offers a library of movies and TV shows via a wide screen that will be available on the Vodafone network. REUTERS/Luke MacGregorHTC launched the HTC Sensation, offering an entire library of movie and TV shows via a wide screen, with a fast 1.2GHz processor. While Nokia, which dumped its once-dominant Symbian software earlier this year after falling behind Apple in the high-end handset market, launched two new models improved with better text input, faster Internet browsing and a refreshed Ovi Maps application, in a bid to stem customer defections while it works on a new offering.

Poll: After Cisco’s Flip, what’s next for the smartphone serial killers?

April 12, 2011

The iPhone and its rivals claimed another scalp in the consumer electronics industry this morning when Cisco announced it was powering down its Flip video camera business. The market for dedicated digital video recorders has looked precarious even since Apple added video to the iPhone with the launch of the 3GS model in June 2009, just three months after Cisco announced the Flip acquisition. Since then, the ever-improving functionality of the iPhone and Android devices have steadily eroded demand for still cameras, GPS devices and a host of other gadgets. Which ones have you stopped using?

Tech wrap: iPhone 5 home for Christmas, maybe

April 11, 2011

An Apple staff demonstrates a new Verizon iPhone 4 at Verizon's iPhone 4 launch event in New York January 11, 2011. REUTERS/Brendan McDermidApple’s iPhone 5 isn’t expected to hit the market until Christmas or early next year, according to Business Insider’s Jay Yarow. Avian Securities said in a note, based on conversations with a “key component supplier” to Apple, that the the iPhone 5 should go into production in September and that Apple could also be developing a lower price/lower spec iPhone model, Yarrow writes.

Tech wrap: Amazon offers Android apps, gets sued by Apple

March 22, 2011

A demonstrator plays a racing game on an Android-based Motorola Atrix smartphone during the Consumer Electronics Show (CES) in Las Vegas January 6, 2011. REUTERS/Steve MarcusAmazon.com opened its store for Google Android smartphone applications, ratcheting up its fight with Apple after the iPhone maker sued Amazon in a bid to stop the online retailer from improperly using its App Store trademark.