Category archives for: Sci-Tech

Fed announces stimulus, First Solar price up nearly 8 percent

First Solar, the manufacturers of thin-film solar panels, were up in the stock market on Friday following the passing of a bill by the House Republicans. The Federal Reserve announced the financial stimulus for the energy sector the day. The energy sector has been declining in the midst of the global economic woes, chiefly due […]

Western Digital down 3 percent after disappointing guidance report on fiscal first quarter

Western Digital lowered its forecast for the first fiscal quarter ending September 30. The guidance report on the quarter inflicted the stock that was 3 percent down at the end of the week Friday. The company has lowered its forecast on sales from $4.2-$4.3 Billion to $3.9-$4 Billion due to the lack of demand in […]

Apple shares record high after the postponement of iPhone 5 deliveries due to high demand

The new iPhone 5 from Apple will be out on September 28 instead of 21 because of the high demand on pre-orders, according to Reuters. The pre-orders were so many in volumes that the company had to postpone the sales a week after it was first announced officially. The customer traffic was so high that […]

Apple not near a deal with China Mobile, home-made 4G/3G network still not compatible

Some analysts had predicted before that China Mobile might be closing a deal with Apple on the sale of the new iPhone 5. The speculation was based on the rumour that both companies are working on the bugs that come with 4G LTE chip in the iPhone and the home-cooked TD LTE. However, there has […]

Mozilla introduces new Firefox OS, potential of going forward on new strategy

Mozilla is going after the smartphone market unlike other web browser-making companies. Though it has a prominent presence in the mobile computing environment, it still felt the need of its own operating system. Recently the company announced its own Firefox OS that runs all applications on HTML 5. The smartphone market is already fighting tooth […]

Apple wins against Motorola in Germany, might force Razrs and the likes off the shelves soon

Apple is running a hot streak of wins of late. After the success in the US district court in California, the company released iPhone 5 that is considered to be the most successful Apple phone ever. Now within the same week Apple has won another patent case against Motorola on the bounce-back copy rights in […]

HP plans to develop Smartphones, says Whitman

Hewlett-Packard CEO, Meg Whitman, has confirmed that HP is likely to turn to Smartphone market after presenting their valuable customers with the best computer machines and printers. However, the technology giants that earned their names after offering best business machines, failed to purchase the Palm OS and delaying the launch of the tablets. “We did […]

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 […]

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