Thursday, 28 July 2016

Google Alert - technology

Google
technology
Daily update 28 July 2016
NEWS
Apple has posted quarterly revenue of $42.4 billion and profits of $7.8 billion, continuing its slide for a second successive quarter.
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Apple sold 40.4 million iPhones in the quarter ending 25 June, down 15% from a year earlier, highlighting concerns over growth for the company's iconic smartphone.
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The giant tech company sold 40.4 million iPhones in the last quarter 15 percent fewer than a year ago, according to its earnings report Tuesday.
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Apple Inc. /quotes/zigman/68270/delayed /quotes/zigman/68270/lastsale AAPL is expected to report its second straight quarterly decline in iPhone sales with third-quarter earnings after the market closes on Tuesday.
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With iPhone sales and profits sliding, Apple on Tuesday sought to highlight its growth in services as it seeks to reduce dependence on its main cash driver.
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What goes up must come down, and Apple is in the midst of a tough lesson in gravity at the moment. The company's second-quarter earnings report this past April marked the first time Apple had ever reported a decline in iPhone sales.
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Xiaomi has just announced the much rumoured laptop that it was expected to launch since end of 2014. With the Mi Notebook Air, Xiaomi has entered the PC segment with two new laptops.
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Apple will be launching iPhone 6SE in September instead of the much-rumoured iPhone 7, so claims a report on German website Apfelpage.
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Speaking at Apple's quarterly earnings call, Apple CEO Tim Cook covered a variety of subjects, and one of the areas that he highlighted for investors is artificial intelligence.
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Apple Inc's lower-cost iPhone SE is gaining more traction than expected with users, tempering a sales decline and soothing investors' concerns about growth.
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