Apple rides high but iPad falters October 18, 2010 Apple last night smashed expectations to post record fourth quarter profits and revenues, boosted by blockbuster sales of its new iPhone 4. However, its landmark iPad tablet device lagged behind analyst forecasts as supply issues continued to dog the world’s biggest technology firm. Apple shifted 4.2m iPads in the quarter, falling well short of analyst [...]
Apple rides high but iPad falters October 18, 2010 Apple last night smashed expectations to post record fourth quarter profits and revenues, boosted by blockbuster sales of its new iPhone 4. However, its landmark iPad tablet device lagged behind analyst forecasts as supply issues continued to dog the world’s biggest technology firm. Apple shifted 4.2m iPads in the quarter, falling well short of analyst [...]
Getting the idea engine started October 7, 2010 JUN Tanaka and Mark Jankel’s entrepreneurial spirit offers hope to anyone who has ever fantasised about setting up their own restaurant. For just £4,000 initial set up costs the pair have rented an Airstream truck and are driving around London this week selling their gourmet meals-on-wheels. They are serving a seasonal British menu with dishes [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 14, 2010 FINANCIAL TIMES TESCO ADVANCES IN CARREFOUR ASIAN AUCTION Tesco is among the bidders through to the second round of the auction for Carrefour’s south-east Asian assets, which are for sale for up to $1bn (£642m). Tesco, the world’s third-biggest supermarket chain by sales after Walmart and Carrefour, was one of more than 10 first-round bidders [...]
China’s first interest rate rise since 2007 drags FTSE down October 19, 2010 China’s first interest rate rise since 2007 hit mining shares and dragged the FTSE 100 lower yesterday, offsetting gains from banks after solid results from Bank of America and Goldman Sachs. At the close, the FTSE 100 index was down 38.63 points, or 0.7 per cent at 5,703.89, having earlier dipped below the 5,700 level [...]
iPhone faults force Apple exec to leave August 8, 2010 ONE of Apple’s top executives has left the company in the wake of antenna problems that marred the release of the iPhone 4. The firm refused to say whether Mark Papermaster, who was senior vice president of devices hardware, was ousted or whether he left of his own accord. However, he would have been responsible for [...]
Intel in $8bn McAfee buy August 19, 2010 INTEL continued a run of big money technology deals yesterday when it announced it will buy security software maker McAfee for $7.7bn (£4.9bn) – its biggest ever acquisition. The chip-maker will pay $48 per share in cash, a 60 per cent premium on McAfee’s closing price. The purchase, which marries a hardware and software maker, [...]
HP trumps Dell with 3Par bid August 23, 2010 HEWLETT-PACKARD launched a $1.6bn (£1.03bn) bid for data storage company 3PAR yesterday, topping an offer by technology rival Dell. HP bid $24 a share for 3Par, about 33 per cent more than Dell planned to pay in a deal announced a week ago. At the time, Dell’s bid for 3Par, which makes storage products that [...]
HP trumps Dell with 3Par bid August 23, 2010 HEWLETT-PACKARD launched a $1.6bn (£1.03bn) bid for data storage company 3PAR yesterday, topping an offer by technology rival Dell. HP bid $24 a share for 3Par, about 33 per cent more than Dell planned to pay in a deal announced a week ago. At the time, Dell’s bid for 3Par, which makes storage products that [...]
Unloved, unowned but undervalued: Emerging Europe shakes off its past October 19, 2010 SANDWICHED between the bright stars of emerging Asia and the fading light of the West lies Eastern Europe, an investment destination that is often forgotten and perennially unfashionable. This is partly because the region has struggled to shake off its Soviet legacy – at least in the minds of Western investors it is still tainted [...]