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Samsung says Galaxy S5 smartphone enjoys brisk sales

Visitors pass a signboard of Samsung Electronics' Galaxy S5 at its showroom in Seoul on April 29, 2014.  Samsung Electronics reported on April 29 its net profit had risen 5.9 percent year-on-year in the first quarter to 7.57 trillion won (USD 7.3 billion) but operating profit declined for a second straight quarter on slowing smartphone revenue. AFP

Sales of Samsung Electronics’ new flagship Galaxy S5 smartphone are outpacing that of its predecessor, the company’s co-chief executive said, suggesting it may be regaining momentum in the multi-billion-dollar sector.

Posted: May 15th, 2014 in Latest Technology Stories | Read More »

Sliding phone sales keep Nokia in Q1 loss

. The Nokia headquarters building in Keilaniemi, Espoo, Finland, displays a banner saying they are moving Friday April 25, 2014. Nokia headquarters are "On the move" to join Nokia Solutions and Networks' headquarters in Karakallio, Espoo. Nokia said Friday it has completed the 5.44 billion-euro ($7.5 billion) sale of its troubled cellphone and services division to Microsoft Corp., ending a chapter in the former world leading cellphone maker's history that began with paper making in 1865. The closure of the deal, which includes a license to a portfolio of Nokia patents to Microsoft Corp., follows delays in global regulatory approvals, and ends the production of mobile phones by the Finnish company, which had led the field for more than a decade, peaking with a 40-percent global market share in 2008. AP

Nokia Corp. says it continued to be hit by fierce competition in the first-quarter with a 30 percent fall in sales of mobile devices, the troubled unit it sold to Microsoft last week.

Posted: April 29th, 2014 in Latest Technology Stories | Read More »

Android tops as tablets go mainstream—report

People gather at the Samsung booth at the Mobile World Congress, the world's largest mobile phone trade show in Barcelona, Spain, Wednesday, Feb. 26, 2014. Tablet computer sales soared last year with Android-powered devices dethroning iPads atop a booming global market, according to figures released Monday by Gartner.  AP

Tablet computer sales soared last year with Android-powered devices dethroning iPads atop a booming global market, according to figures released Monday by Gartner.

Posted: March 4th, 2014 in Gadgets,Latest Technology Stories | Read More »

China racks up ‘record’ iPhone 5 sales in first weekend

A storekeeper introduces iPhones to customers near an iPhone 5 advertisement at an Apple products shop in Dongyang, in eastern China's Zhejiang province, Friday, Dec. 14, 2012. Apple released the latest version of its smartphone in China on Friday. AP

US tech giant Apple announced Sunday it had sold “more than two million” of the latest model of iPhone after the popular smartphone’s first weekend on the market in the Asian powerhouse.

Posted: December 17th, 2012 in Gadgets,Headlines,Latest Technology Stories | Read More »

Samsung Galaxy S III smartphone sales pass 30M

This handout photo taken and received by Samsung Electronics on October 12, 2012 shows a scaled-down, compact version of its flagship Galaxy S III for consumers looking for "more practical" smartphones. AFP  /Samsung Electronics

Samsung says it has sold more than 30 million flagship Galaxy S III smartphones in about five months, making it one of the fastest selling smartphones in the world.

Posted: November 5th, 2012 in Gadgets,Headlines,Latest Technology Stories | Read More »

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