Apple Forecasts Second Sales Drop as iPhone Woes Deepen
Apple Inc.’s streak of 51 consecutive quarters of uninterrupted sales growth is over -- and its expansion may not resume until late this year.A boom in demand for smartphones, music players and other electronic devices propelled Apple’s annual revenue by $227 billion in the 13 years since the last quarterly drop, resulting in a skyrocketing stock price that made Apple the world’s most valuable company.QuickTake AppleThat era of untrammeled expansion hit a wall in the quarter that ended in March..>> view originalHow Google plans to rewrite the rules of the road for self-driving cars
(Reuters) – The Alamo Drafthouse Cinema Plaza here is a strip mall with a pet-accessories store, a Thai restaurant and a yogurt shop, an unlikely venue to display the high-tech future. But one Saturday morning in March, Google did just that. A small convoy of its driverless cars cruised into the fading asphalt parking lot to give test drives – test rides, actually – to American mayors visiting Austin’s annual South by Southwest tech-and-culture festival. Mayor Richard J. Berry of Albuquerque, N..>> view originalFBI likely won't tell Apple how it cracked San Bernardino iPhone
Thanks to the skills of an unknown third party, the Department of Justice was able to access data on the iPhone of one of the San Bernardino shooters.Video provided by Newsy NewslookWASHINGTON — The government is not likely to notify Apple Inc., of the method used to hack into iPhone used by San Bernardino terrorist Syed Farook, a federal law enforcement official said Monday.The official, who is not authorized to comment publicly, said the FBI concluded that authorities had not positive..>> view originalIntel declares independence from the PC as it lays out a broader 5-point strategy
The message has trickled down in speeches, earnings calls, and analyst presentations, but on Tuesday, Intel chief executive Brian Krzanich drew a line in the sand: Intel is not a PC company any more. In what only can be called a manifesto of Intel’s new values, Krzanich described how Intel is transforming itself “from a PC company to a company that powers the cloud and billions of smart, connected computing devices.” To drive the point home, Krzanich noted that the PC is just one among many..>> view originalHTC to launch $100m VR startup accelerator program
HTC has announced the impending launch of Vive X, a $100 million global accelerator program for virtual reality (VR) startups.The program is slated to start in Beijing in May, with HTC confirming next to come will be Taipei and San Francisco, with other regions on the Taiwanese giant's radar for the future. The company expects the program will help grow the global VR ecosystem providing startups with expertise, access to advanced VR technology, financial investment, office space, mentorship,..>> view originalGerman Company Installs Lights Along Curbs For Pedestrians Glued To Their Phones
Pedestrians' smartphone habits have become so dangerous that a German company has put lights in the ground to protect them from traffic accidents. Stadtwerke Augsburg, a privately owned utilities company in the southern city of Augsburg, installed LED lights along the curbs at two tram stops in the city last week. The lights flash red whenever a vehicle is approaching, functioning as a traffic light warning pedestrians not to cross the street. "We realized that the normal traffic light isn't in..>> view originalDyson made a hair dryer and it's kind of stunning ... and expensive
The hair dryer is not a work of art, but it does hold a sort of iconic place in our cultural landscape. It's recognizable at a distance and has been blowing and burning follicles in pretty much the same way since the 1970s. The new Dyson Supersonic is a stunning breath of hot air in the face of traditional dryers — a rare new take on decades-old product category that looks nothing like the archetypal hair dryer. If you’ve been following Dyson, a company well-known for fresh takes on well-worn h..>> view originalNintendo earnings plunge 60 percent in fiscal year as it preps new hardware
Nintendo’s earnings for the fiscal year ended March 31 fell 60.6 percent to 16.5 million yen, or $148 million, on revenue of $4.53 billion (down 8 percent). That was a relatively weak performance for a company that once dominated video games and is now trailing behind rivals Sony and Microsoft. Nintendo’s stock price has fallen slightly in trading, down 0.9 percent to $18.72 a share. Nintendo saw diminished assets, cash flow, and profits during the year when the Wii U console’s sales sagged, an..>> view originalNintendo is bringing Animal Crossing and Fire Emblem to smartphones
Nintendo announced today that it's bringing two of its best-loved franchises to smartphones: Animal Crossing and Fire Emblem. The company revealed the news during its yearly earnings call, also confirming that its next console — the mysterious NX — is headed for a March 2017 release. Few details were given about the future smartphone titles, but the two games seem like a smart choice for Nintendo's developing mobile strategy. The company launched its first smartphone app Miitomo in March, but t..>> view original
Wednesday, April 27, 2016
Apple Forecasts Second Sales Drop as iPhone Woes Deepen and other top stories.
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