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Qualcomm confirms restructure plan as Q3 profit drops

July 23rd 2015

Qualcomm confirmed the implementation of a “Strategic Realignment Plan”, which Steve Mollenkopf, its CEO, said represent “fundamental changes” for the company.Qualcomm reduced the outlook for its semiconductor business in the fourth quarter, “driven primarily by factors impacting premium-tier demand”. These include “increased concentration” in this segment reducing demand for some Qualcomm-powered devices; lower demand for its premium chipsets from an unnamed customer; and lower sell-through in China of some products using its premium-tier silicon. In Qualcomm’s conference call George Davis, CFO, said that (a major issue was) the loss of a “major vertical customer” – Samsung.

The spring refresh

Techwatch July 21st 2015

In the land of technology, the second quarter isn’t so much about spring as it is about laying plans, getting ready, and marshalling forces. Traditionally, the commercial spring refresh is about updating and spiffing up products, and getting them out the door to clear the decks for summer when it’s time to hunker down and prepare for the new year.   Spring is also a time when companies experiment and test out ideas for the fall. This fall we’re seeing trends with real staying power growing out of familiar technology. Probably the most obvious

Bad Box Office? Blame ‘Halo’

from Advertising Age (adage.com) The joystick has brought Ben Stiller nothing but sorrow. Total industry ticket sales were only $80 million for the Oct. 5 weekend the film opened, a whopping 27% below the same weekend the year before, according to research firm Media by Numbers. That’s the industry’s worstRead the complete article

Leopard, Apple’s new operating system, broadens Macs’ reach

Apple Inc.‘s next-generation operating system, Mac OS X “Leopard,” will be available Oct. 26 for $129, and Apple’s online store is taking pre-orders, the company said Tuesday. Leopard was originally due in June, but Apple said in April that it needed to divert resources so it could launch the much-anticipatedRead the complete article

iPhone owner sues Apple for $1 million

SAN JOSE, California (AP)—A New York woman is so angry at Apple Inc. for lopping $200 off the price of the iPhone that she’s filed a lawsuit seeking $1 million in damages. Speaking of affordable prices. Apple has found itself on the wrong end of a lawsuit after a womanRead the complete article

Microsoft has new Zune music players to take on iPods

Microsoft Corp. is introducing a series of Zune digital media players that for the first time will compete with the most popular iPod, the Nano. Microsoft, which rolled out its first portable player, the 30-GB Zune, last year, is extending the line with an 80-GB Zune. In the latest stabRead the complete article

iPhone to launch outside U.S.

LONDON, England (AP)—Apple Inc.‘s iPhone will go on sale in Britain on November 9 exclusively through mobile operator O2, marking the first time the combination cell phone-iPod media player will be available outside the United States. The 8-gigabyte model will be offered for £269, or $536—or $139 more expensive than whatRead the complete article