MediaFile

Tech wrap: Apple ousts Nokia as top smartphone vendor

Apple jumped to the top of the global smartphone sales rankings in the second quarter, ending Nokia’s 15-year run as the lead smartphone vendor, according to new research from Strategy Analytics. Apple sold a record 20.3 million iPhones during the quarter, which amounts to about a fifth of the global smartphone market. Impressive considering its iPhone 4 model was released more than a year ago. Samsung also surpassed Nokia to claim second spot, with 17.5 percent of market share. Nokia fell to third place as its market share tumbled to 15.2 from 38.1 percent a year ago.

As if Apple’s new royalty status isn’t enough, the gadget maker can also lay claim to being the most profitable in the smartphone business. According to a chart on Business Insider, Apple pulled in two-thirds of all profits in the mobile phone sector last quarter. That’s twice as much as Samsung, RIM and HTC combined.

Did Yahoo get a raw deal when it signed a pact with Alibaba and SofBank to resovle a dispute over online payment service Alipay? That’s the case being made by some analysts. The trio announced it had struck an agreement after months of wrangling over the lucrative asset, under which Alibaba gets up to $6 billion if the mobile payments firm goes public or gets sold. But investors are bothered by the deal, saying it reaffirms perceptions on Wall Street that Yahoo has little say in Alibaba, the e-commerce company founded by Jack Ma and which is 43 percent-owned by Yahoo.

It’s official – you can now get Groupon deals on Foursquare. Foursquare has integrated Groupon coupons into its mobile apps. Users can cash in on the deals now – which will include both daily deals and Groupon Now deals – by using the “Explore” tab on Foursquare’s app, a feature that lets users search for neat activities to do nearby.

Microsoft warned on Thursday that a government review of its U.S. tax obligations in past years could significantly affect its financial statements if not resolved in its favor.The Internal Revenue Service has looked at Microsoft’s use of transfer pricing, among other things, or methods of booking prices and sales between subsidiaries — often leading to opportunities to report earnings in lower-tax jurisdictions.

Tech wrap: Hackers target PayPal, again

PayPal is once again caught in the crosshairs of prominent hacker collectives Anonymous and LulzSec. The two groups released a joint statement on document-sharing website Pastebin on Wednesday urging their supporters who use the eBay-owned online payment service to close down their accounts in protest at the site’s continued refusal to process donations to whistleblower site WikiLeaks.

The message also criticized PayPal for helping police track down hackers suspected of taking part in an earlier attack on the company’s website in December that was allegedly coordinated by Anonymous. A spokesman for PayPal told Reuters that the company had observed no changes in “normal operations,” including the number of accounts that had been closed overnight.

Separately, a British teenager was arrested on Wednesday on suspicion of being a leader of the LulzSec collective, which has boasted of breaking into the networks of the CIA, Sony and many other private and public bodies. The teenager is thought to be a spokesman for both LulzSec and Anonymous and uses the hacker nickname “Topiary,” London’s Metropolitan Police Service said in a statement.

Tech wrap: Apple’s valuation flirts with Exxon’s

Apple shares neared a record $400, a day after the world’s most valuable technology company posted blockbuster results and triggered a spate of brokerage upgrades. Apple’s climb brought the maker of the iPhone and iPad within shouting distance of Exxon Mobil’s market value of more than $400 billion despite the oil and gas producer raking in more than four times Apple’s annual revenue.

“We expect Apple will become the largest market cap company on the planet when the stock hits approximately $445, which is only about 13 percent away from aftermarket levels,” said Gleacher & Co analyst Brian Marshall, based on the assumption that Exxon shares remain flat. Apple shares rose to a high of $405 in after-hours trading on Tuesday.

Intel posted second-quarter revenue above expectations, defying investors’ concerns about slowing personal computer sales. Intel’s revenue in the June quarter was $13.1 billion, up 22 percent over the year-ago period and  above the $12.83 billion expected by analysts, according to Thomson Reuters I/B/E/S.

Tech wrap: New iPhone seen in time for school

Apple plans to launch a new iPhone with a faster chip for data processing and a more advanced camera in September, Bloomberg said. The new iPhone will include the A5 processor along with an 8-megapixel camera, the report said, quoting two people familiar with the plans. Apple is also testing a new version of the iPad that has a higher resolution screen, the report said, adding a cheaper version of the iPhone aimed at developing countries is also in the works.

A U.S. judge rejected Samsung’s request for a peek at Apple’s unreleased iPhone and iPad, brought in the course of high-stakes patent litigation between the two companies. Apple sued Samsung in April, claiming Samsung’s Galaxy line of smartphones and tablets infringe several patents and trademarks. Samsung counter-sued, asserting its own patents against Apple. In the ruling, the judge said Apple’s legal claims are only based on its products that have already hit the market.

A senior Chinese official said there is no cyber warfare taking place between China and the United States. The two countries might suffer from cyber attacks, but they were in no way directed by either government, Vice Foreign Minister Cui Tiankai said.

Tech wrap: The Web is about to get some new domains

Brand owners will soon be able to operate their own parts of the Web — such as .apple, .coke or .marlboro — if the biggest shake-up yet in how Internet domains are awarded is approved.

Today, just 22 generic top-level domains exist — .com, .org and .info are a few examples — plus about 250 country-level domains like .uk or .cn.

The move is seen as a big opportunity for brands to gain more control over their online presence and send visitors more directly to parts of their sites — and a danger for those who fail to take advantage.

Tech wrap: Samsung to take smartphone crown

Samsung will become the world’s largest smartphone maker this quarter followed by Apple, overtaking struggling Nokia which has lead the market since 1996, Nomura said. Research firms Gartner and Canalys both said they saw Nokia — which created the smartphone market with its 1996 launch of the Communicator model — losing smartphone volume leadership later this year.

Facebook is preparing to file for an initial public offering as early as October or November that could value the social networking site at more than $100 billion, CNBC reported. Goldman Sachs is leading the chase to manage the offering, which could come in the first quarter of 2012, CNBC said.

The Wall Street Journal’s Shira Ovide sums up what is known about Facebook’s IPO. Perhaps one of the most interesting facts is only a couple dozen U.S. companies, such as Exxon Mobil, GE and J.P. Morgan Chase, have stock-market values above $100 billion.

Tech wrap: Google unveils Chromebook

Google took the wraps off two Chromebook laptop PCs after nearly two years of delays and touts of its Chrome operating system as an alternative to Microsoft Windows. Samsung and Acer laptops using Chrome OS will go on sale June 15, as the world’s No. 1 Internet search engine tries to entice people to do more on the Web. As with Android, Chrome software will be free, but is expected to spur people to use the Internet more often and search for more things, potentially boosting Google’s Internet ads business.

Despite recent indications that Google is priming Chrome for use in tablets, Google says that it is “fully focused on notebooks” for the foreseeable future, writes Mashable’s Ben Parr.

Facebook users’ personal information could have been accidentally leaked to third parties, in particular advertisers, over the past few years, Symantec said in its official blog. Third-parties would have had access to personal information such as profiles, photographs and chat, and could have had the ability to post messages, the security software maker said.  Facebook had taken steps to resolve the issue, the blog post said.

Tech wrap: RIM shares dive ahead of BlackBerry World

RIM's BlackBerry PlayBook is seen in a handout photo. REUTERS/RIM/Handout

Research in Motion shares tanked to their lowest level since October after the BlackBerry maker slashed its sales and earnings forecasts Thursday, an unexpected blow that followed an anemic forecast in late March and last week’s troubled launch of its PlayBook tablet. “We’ve heard for too long about RIM’s great product roadmap. Consumers are not listening nor waiting,” National Bank analysts said in a note. “RIM does not even seem to have dual cameras on its upcoming BlackBerry product line-up. The last time we checked, video is the future.” All hope seems to rest on what the Canadian company pulls out of its labs and onto center stage at BlackBerry World, starting Monday, where the company will unveil a new generation of touchscreen BlackBerrys.

Microsoft shares fell their most in almost two years, a day after reporting a dip in Windows sales. Investors were concerned with lower personal computer sales nagging at Windows, Xbox sales bringing down profit margins and losses in Microsoft’s online business.

Strong demand for smartphones gave a further boost to overall cellphone market volumes in January-March and made Apple a rare winner on the market, research firms said. IDC saw January-March market growth of 20 percent, helped also by strong gains by smaller vendors as the three largest phone makers — Nokia, Samsung and LG — lost market share. Apple’s iPhone sales more than doubled from a year ago, buoyed by strong sales on Verizon Wireless and additional carrier deals elsewhere, with market share rising to 5 percent.

Tech wrap: Apple sues Samsung over “slavish” copies

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.

Twitter is in talks to buy TweetDeck for around $50 million, The Wall Street Journal reported. TweetDeck is an add-on program that helps Twitter users view and manage their tweets and messages on other services such as those offered by Facebook and Foursquare. Twitter has allowed advertisers’ “promoted tweets”, that show up when users perform searches on Twitter, to appear on TweetDeck as part of a revenue-sharing agreement, The WSJ wrote.

Texas Instruments’s quarterly earnings missed Wall Street expectations by a penny as expenses rose after two of its Japanese factories were damaged in the country’s largest-ever earthquake. The company, which plans to buy analog chip maker National Semiconductor Corp for $6.5 billion, said one of its factories will “soon” resume full production, and added that it expects a strong second half.

Tech wrap: Android takes over

A T-Mobile G1 Google phone running Android is shown photographed in Encinitas, California January 20, 2010. REUTERS/Mike BlakeGrowing demand for phones running on Google’s Android platform will help the smartphone market grow in 2011, boosting companies like HTC and Samsung who are betting on the platform, analysts said.

The smartphone market will grow 58 percent this year and 35 percent the next, research firm Gartner said. Android, a distant No. 2 to Nokia’s Symbian platform just last year, will increase its market share to 39 percent in 2011, while Symbian’s share will roughly halve to 19 percent following Nokia’s decision to dump the platform. Apple’s iPhone platform will be slightly bigger than Symbian this year, while Research In Motion will control 13 percent of the market and Microsoft Windows Phone 6 percent.

Sales of cameraphones will grow to more than 1 billion handsets this year, helped by fast growth at the high end of the market, Strategy Analytics said.