Taiwan based HTC has announced unaudited financial results for the Q1 of 2012. HTC was widely expected to post a quite devastating quarter in light of increasing  rivalry in the smartphone business and a slowing global economy. HTC net profit is down 70% on the previous year. Bloomberg noted that the profit of NT$4.46 billion ($151 million) [...]

Groupon’s recent reports shows that jumped 64 percent to 83.1 million at the end of the first quarter.Since then figures, the number of subscribers has climbed to 115 million, the person said. That means subscribers are up about 38 percent since March 31. The recent growth has not come through acquisitions because Groupon has not [...]

Korean Giants Samsung wants to Ban Apple iPhone 4S in Japan and Australia According to Samsung, it filed for the injunction at New South Wales Registry in Australia and at the Tokyo District Court in Japan. Samsung’s filing in Australia alleges Apple infringes on wireless communications technologies with its products. Meanwhile, the Samsung filing in Japan points to [...]

  Sony Ericsson Xperia was finally announced to be available for £306 ($477) with free Sim Card for customers in the United Kingdom. And thankfully it’s now finally become available, so while indeed launching in the fourth quarter, at least it didn’t get released in December. Or, who knows, at the one-year anniversary of its first [...]

Sony Corp largest electronic exported, has a forecast  its fourth consecutive annual loss and slashed television sales targets after the yen reached a postwar high and floods in Thailand cut production. Sony Corp  posted a quarterly loss of ¥27 billion ($346 million) today, compared with a net income of ¥31.1 billion during the same quarter last [...]

Robin Burrowes, Xbox LIVE chief has moved from Microsoft to Apple where he will be the head of the App store marketing in Europe. Burrowes served for seven years at Microsoft and has previously held jobs at MSN and HMV. In order to head Apple’s several iOS teams Apple have previously looked at executives with [...]

U.S. chain Walmart stores have appointed Neil Ashe as the president and Chief Executive of Global eCommerce, Walmart is the world’s largest retailer to boost its online presence. Walmart currently serves more 200 million customers and members. In 2011 Walmart generated more than  $419 billion in Sales. Walmart wants to meet customers whenever they want to [...]

RIM’s thinnest ever Blackberry Bold 9900 has been available on Canadian Phone Carrier’s Rogers for only 2 days now and it has already dropped the price down by $50 on a 3-year contract. The current price is $199.99 and there has been no word as to why the drop (though it’s probably due to the fact that [...]

Its been another major setback for AT&T when U.S Justice OF Dept filed and antitrust suit against them to stop the T-Mobile merger. DoJ, AT&T and Deutsche Telekom met to nail down a date for a trial date that will determine if the deal should go through.Judge Ellen Huvelle decided on February 13, 2012 as the start date for [...]

Apple’s newly released iPhone 4S, which is the last product which has been developed by Steve Jobs’ and California Based giants Apple Inc are confident that they could able to sell up to 4 million of the new iPhone 4S this week. The iPhone 4S which is currently available in the U.S Australia, Canada, France, Germany, Japan and UK. Its sales are expected [...]