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iPhone sales drive record quarter for Apple
Jan 25th, 2012
Apple reported record quarterly net profit and revenue on Tuesday in the first quarter since the death of founder Steve Jobs, driven by strong sales of the new iPhone. (Source: AFP) -
Considering there's a large swath of people who hate iMessage for its frequent downtime and unreliability, you would think BlackBerry would be smart enough to launch its long-popular BlackBerry Messenger app for the iPhone. Oh, they're doing that now? And for Android, too? Good. Finally. Now here's how they're going to make mone... [Full Article]
REUTERS - Wal-Mart Stores Inc's quarterly profit just missed Wall Street expectations on Thursday, with sales down 1.4 percent at its Walmart U.S. stores open at least a year. The world's largest retailer said U.S. sales suffered from a delay in income tax refund checks, cool weather, less grocery inflation than expected, and the payroll ... [Full Article]
Ah, summertime - the perfect excuse to set up a gas chromatograph in a rented camper and drive across the country sampling methane. (Source: LiveScience.com)... [Full Article]
By Leah Schnurr NEW YORK (Reuters) - U.S. stocks continued their climb into uncharted territory on Friday, racking up the fourth week of gains in a row as encouraging economic data prompted investors to pick up shares of growth companies. The Dow and the S&P 500 finished at fresh record highs, driven by gains in energy and industrial shares. Th... [Full Article]
By Tom Bill LONDON (Reuters) - Almost a quarter of commercial property loans in Britain are higher in value than the underlying real estate, a study showed on Friday, highlighting the toxic legacy of reckless lending before the financial crash. The figure grew to 23 percent at the end of 2012 from 20 percent a year earlier, according to De Montfort... [Full Article]
By Miyoung Kim SEOUL (Reuters) - Overtaking Apple Inc as the world's leading maker of smartphones has stretched Samsung Electronics Co's in-house supply lines, and the South Korean firm is now courting some of its rival's main parts suppliers. After costly courtroom battles over technology patents, the two gadget giants are now going... [Full Article]