Apple’s iPhone 5 bigger, faster but lacks “wow”
SAN FRANCISCO (Reuters) – Apple Inc’s new iPhone goes on sale on Friday with a bigger screen and 4G wireless technology, as the company seeks to safeguard its edge over rivals like Samsung Electronics Co Ltd and Google Inc.
The iPhone 5 fulfilled many of the expectations laid out by gadget geeks and technology analysts ahead of its Wednesday unveiling but offered few surprises to give Apple shares — already near record highs — another major kick.
Apple takes wraps off 4G-ready iPhone 5
SAN FRANCISCO (Reuters) – Apple Inc on Wednesday took the wraps off the iPhone 5, the thinnest-ever version of a smartphone that yields the majority of its profit and helped it become the world’s most valuable corporation.
CEO Tim Cook, who took over from the company’s late co-founder Steve Jobs last year, faces pressure to introduce a gadget that can help Apple remain at the forefront of the industry. The iPhone 5 sports a larger 4-inch “retina” display, ability to surf a high-speed 4G LTE network, and is 20 percent lighter than the previous iPhone 4S.
Apple CEO Cook kicks off iPhone event
SAN FRANCISCO, Sept 12 (Reuters) – Apple Inc Chief
Executive Tim Cook kicked off Wednesday’s coming-out party for
the new iPhone, the latest version of a device that yields the
majority of his company’s profit and helped it become the
world’s most valuable corporation.
Cook, who took over from the company’s late co-founder Steve
Jobs last year, began as usual by describing the growth of its
online store and media content. But the star of the event will
be the so-called iPhone 5, to be unveiled later and expected to
sport a larger screen and ability to surf a high-speed 4G LTE
network.
Do PCs have a future? Intel thinks so
SAN FRANCISCO, Sept 11 (Reuters) – Intel Corp
showed off hybrid tablets and ultrabook laptops with voice and
gesture recognition technology along with an upcoming low-power
chip in a bid to convince Wall Street a slump in the personal
computer industry is only temporary.
At the annual Intel Developer Forum in San Francisco, the
company demonstrated sleek “ultrabook” laptops with improved
gesture- and voice-recognition features, similar to those
already found on some smartphones.
Intel pitches future of PCs at developer forum
SAN FRANCISCO (Reuters) – Intel Corp showed off hybrid tablets and ultrabook laptops with voice and gesture interfaces along with an upcoming low-power chip in a bid to convince Wall Street that a slump in the personal computer industry is only temporary.
At the annual Intel Developer Forum in San Francisco, the company demonstrated sleek “ultrabook” laptops with improved gesture- and voice-recognition technology, similar to features already found on some smartphones.
Intel seeks software experts in growing Windows tablet push
SAN FRANCISCO (Reuters) – Top chipmaker Intel Corp is recruiting for a new software team focused on tablets, according to a new job ad, underscoring the top chipmaker’s efforts to expand beyond the lackluster PC industry.
The company plans to fill several senior positions this month on the team, which will have responsibility for technology architecture as well as marketing and dealing with suppliers and customers, according to the ad Intel posted Thursday on social networking site LinkedIn.
Intel cuts outlook on weak PC demand; shares slump
SAN FRANCISCO, Sept 7 (Reuters) – Intel Corp cut
its third-quarter revenue estimate more than expected on Friday
due to a decline in demand for its chips as customers reduce
inventories and businesses buy fewer personal computers.
Intel also said it was scaling back capital spending as a
result of the business slowdown. Intel’s stock fell 3.6 percent,
and shares of ASML and other companies that
make chip-manufacturing equipment also lost ground.
Intel to showcase new chips as investors eye stagnant PC sales
SAN FRANCISCO (Reuters) – Intel Corp will tout a new generation of processors next week that consume less power, hoping to reinvigorate a stagnant personal computer industry and soothe increasing concerns about its growth.
Wall Street is reassessing its outlook for the top chipmaker after Hewlett-Packard Co and Inc warned last month of weak demand for PCs.
Nvidia’s miss in Kindle Fire surprises some investors
SAN FRANCISCO (Reuters) – Amazon.com Inc’s decision to use a processor made by Texas Instruments Inc for its newest Kindle Fire tablets has surprised some investors and experts who thought Nvidia Inc’s Tegra 3 chip would be tapped for the high-profile device.
At an event in Santa Monica, California on Thursday, Amazon Chief Executive Jeff Bezos said TI’s OMAP 4470 chip is being used in the new, higher-end Kindle Fire.
Micron, SanDisk jump after OCZ warns of shortage
SAN FRANCISCO (Reuters) – Shares of chipmakers Micron (MU.O: Quote, Profile, Research, Stock Buzz) and SanDisk (SNDK.O: Quote, Profile, Research, Stock Buzz) surged on Thursday after a solid-state drive maker warned of component shortages, increasing expectations that production cutbacks are tightening the market for flash memory chips.
Shares of Boise, Idaho-based Micron jumped 7.59 percent to $6.66, and SanDisk surged 8.25 percent to $43.95.
