Posts tagged as: misleading

Nvidia revenue, outlook beat Street; shares jump

(Reuters) – Nvidia Corp’s quarterly revenue and outlook were ahead of low Wall Street estimates on better-than-expected sales of its latest graphics chips, sending its shares up 9 percent. The chipmaker reported strong demand for its newly launched chips for desktop computers and contract wins for its Tegra smartphone chips but said revenue and profit […]

Sony slides to three-decade low on strategy doubts

(Reuters) – Shares in Sony Corp slumped more than 7 percent to near 32-year lows, as investors doubted the Japanese consumer electronics giant has a strategy to fix its loss-making TV business and compete in the smartphone market against Apple Inc and Samsung Electronics. The last time Sony shares were this low, in the summer […]

Australia regulator says Apple misleading consumers on iPad

(Reuters) – Apple’s hot-selling new iPad hit a hurdle inAustralia on Tuesday as the country’s consumer affairs regulator accused the company of misleading promotions. The Australian Competition and Consumer Commission said it would ask a federal court on Wednesday to order Apple to ensure consumers were made aware of the real technical capabilities of the device, […]

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