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Usman Khalid
Joined on: Nov 30, -0001 Published stories: 1671

Articles By Usman Khalid

Equinix plans to become a real estate investment trust (REIT)

Equinix announced that by 2015 it plans to become an real estate investment trust, or REIT. The company provides square foot areas  to large corporate entities for data centres used in cloud computing. Its shares soared 7.5 percent on Thursday to near the all-time high after the news. The company has been in the fast […]

New iPhone a great piece of electronic but the presentation lost the spark

Apple announced the new iPhone on Wednesday and though the phone was a marvel in its own right, the audience kept mum for better part of the presentation. Even the new colourful iPod line-up could not get them to their toes. The reason: All thing iPhone and iPod were already out before the official launch. […]

Analogic shares rise as the report pleases investors

The security design providers beat the Wall Street estimates by miles Analogic’s shares were up 10 percent in the afterhours trading on Thursday after the announcement of the report on fourth fiscal quarter. The company beat the Wall Street estimates by a mile and investors were pleased with the performance. Analogic reported sales of $151 […]

China Mobile deal is extremely important for Apple thrive in China, say experts

A poll conducted by Chinese web portal Sina.com suggests that Chinese customers are not so excited about the new iteration of smartphone from Apple, the iPhone 5. A state-run Chinese newspaper Xinhua published the report saying that majority of the people asked about the new iPhone said they are not interested in the handset. “I […]

Cable TV operator plan to increase WiFi hotspots in the US

Cable television companies plan to expand their business in the WiFi networks all over the US. In a recent statement, the consortium is expected the increase the number of WiFi hotspots to 100,000 at the end of this year. Companies like Comcast, Bright House Networks, Cox Communications, Cablevision Systems and Time Warner Cable will jointly […]

Vendors to see profitability in coming months with the success of iPhone 5

Apple’s new iPhone 5 has received good reviews so far. The result is an increase in its shares to an all-time high of $682.98. But it is not Apple alone, who is benefiting from the initial success of the smartphone. Vendors are also up in stock exchanges, which provide different kinds of components to the […]

The real target is Kindle-based content not Kindle, says Amazon CEO Jeff Bezos

Amazon.com says its primary target is to sell tablet content not tablets themselves. The company is not seeing much profitability in the Kindle line of tablets, be it e-readers or the full-blown slate computers. The main purpose of the largest e-retailer in the world is to sell books, movies and television shows, especially the ones […]

Apple iPhone 5 is a marvellous piece of engineering, say analysts

Apple finally rolled out the new iPhone at an event in San Francisco, California on September 12. It is now officially called to iPhone 5, after two years of speculations on the model name—last year Apple released iPhone 4S instead of iPhone 5. The new phone does bring new upgrades to the 2011 and 2010 […]

Technology spending to increase by 5 percent this year, says IDC

Technology trend tracker IDC and investment bank JP Morgan expect a slightly slow growth in the technology industry. However, both had the mutual agreement on the decline in PC business. The industry is surly in the post-PC era with tablets and smartphones becoming more ubiquitous every day. The PC industry saw growth on snail’s pace […]

Apple snatches back the music player market with the new generation of iPod family

Apple is claiming back the music player market, or what is left of it. The September 12 Apple event was not only host to the launch of new iPhone 5 but also a revamped line of iPod devices. The company introduced the next generations of iPod Touch and iPod Nano, though iPod Shuffle was there […]

CEO Mark Zuckerberg sees Facebook’s bright future

Facebook shares went 7.7 percent up late afternoon Wednesday after CEO Mark Zuckerberg gave an interview to online technology media site, TechCrunch. The visionary was optimistic about the future of the company. The shares hit the first biggest increase in the market value of the stock at $20.93, after the initial public offering in May […]

BroadSoft beat expectations, surprise analysts on high sales in the US and Europe

BroadSoft, the developers of mobile communications platforms, beat the expectations on quarterly revenues polled by analysts. Despite the slow economy and low spending budgets of the cellular carriers, the company not only made good sums of profits in the US but all over the world, especially in Europe. Europe is worth mentioning because the region […]

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