As Apple Inc. reported its first quarterly revenue drop in 13 years, primarily due to a decline in sales of the iPhone, there was one bright spot for the company–India, where sales were up 56%. But with less than a 2% share of India’s smartphone market, Apple still has a long way to go in India.
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Each year, strategic planning teams at multinational companies review competitor revenues, read through press releases, compare their own company’s performance to their peer set and then work with their management teams to create annual strategic plans for the next year and reiterate a five year plan. It is an annual ritual which consumes anywhere between two to four months of time spent coordinating meetings, preparing documents and gathering information. It is well-intentioned, informative and useful for executives who need to evaluate and communicate their company’s achievements and performance. However, in an increasingly digital business landscape, this exercise falls short in terms of delivering fresh ideas, uncovering nascent trends and instigating quick action.
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Samsung has announced its Q1 2016 financial results, revealing a 5.7% increase in overall revenue and 12% increase in operating profit.
The figures stood at KRW 49.78 trillion ($43.46 billion) and KRW 6.68 trillion ($5.83 billion), respectively, ahead of the KRW 49 trillion ($43.3 billion) revenue and KRW 6.6 trillion ($5.7 billion) operating profit the company’s earnings guidance had suggested.
“The first quarter saw overall earnings growth led by the early launch and successful sales of the flagship Galaxy S7 and S7 edge,” the South Korean company said, while also attributing the…
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By SETH BERKMAN
Harvey allowed a home run to the first batter of the game but then settled down, pitching six innings in a victory over the Reds.
Published: April 27, 2016 at 07:00PM
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By KIT EATON
The app, which lets you make and share videos of yourself lip syncing, has become a cultural phenomenon and attracted a crowd of celebrity users.
Published: April 27, 2016 at 07:00PM
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There is a lot of excitement about the concept of “newspace,” loosely meaning cutting-edge frontiers in commercial space development. Newer, smaller, and potentially transformative businesses from Blue Origin to Terra Bella are today bringing forth what can best be described as a revolution in space affairs (RSA). The Space Angels Network, which helps to discover, select, and invest in startups, projects that the global space economy will grow from over $300 billion today to $600 billion by 2030.
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Chinese billionaire Jia Yueting gained a lot of attention last week when he launched LeSEE, a concept electric car with autonomous driving functions that is also showing at the Beijing International Automotive Exhibition this week. Jia, founder of a Netflix-like video site Letv (now called LeEco), is talking about making a vehicle that would eventually surpass Tesla’s premium models through its own technology research. But details have been scant.
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The HTC-made Nexus 9 tablet from the year 2014 is now no longer available for purchase from the Google Store. In fact, the device has completely disappeared from the online store, with its listing page now being redirected to the store’s home page and no trace of it in search results as well.
Currently, Google’s own Pixel C is the only tablet available on the company’s online store. However, if you were planning to purchase a Nexus 9, you aren’t completely out of luck as third party retailers like Amazon still have it in stock. Plus, you can purchase it directly from HTC as…
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Back in January this year, there were rumors that like 2015, there will be two Nexus phones in 2016 as well, and both will be manufactured by HTC. Now, another rumor has cropped up that not only adds weight to the previous one, but also reveals some new information.
The latest rumor comes from the usually reliable leakster @evleaks, who also revealed that the two Android N-powered Nexus devices that HTC is manufacturing are internally being called as the M1 and S1.
HTC is building a pair of Android N devices for Google internally dubbed M1 and S1 #nexus Evan Blass (@evleaks) April…
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I was at work early this morning when I sleepily discovered this in the break room.
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Submitted April 27, 2016 at 08:29PM by sabineastroph
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