Recent Articles
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Technology Sales Predicted Strong this Holiday Season
NEW YORK, Nov 9 (Reuters) – Consumers will spend more this holiday on electronics than they have in each of the past 17 years, with laptops and Apple’s (NASDAQ:AAPL) iPad topping wish lists, a leading industry trade group said on Tuesday. The average consumer will spend $232 on electronics gifts from TVs and MP3 players…
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ATandT Cuts BlackBerry Torch Price, Launches Three Windows Phone 7 Phones
(Reuters) – AT&T has slashed the price of Research In Motion’s BlackBerry Torch smartphone as it ushers in three devices running on Microsoft’s Phone 7 operating system ahead of the holiday buying season. The Torch, a touchscreen phone with a slide-out Qwerty keyboard, launched exclusively on AT&T from August 12 for $199.99 with a two-year…
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Google Employees’ Pay to Get 10 Percent Higher
(Reuters) – Google Inc will give its staff a 10 percent pay increase at the start of next year, according to website Silicon Alley Insider. Chief Executive Eric Schmidt informed Google’s more than 23,000 employees of the raise by email, the Wall Street Journal later reported. Silicon Alley Insider, citing a reader, earlier reported that…
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iPad Price Undercut by Samsung Galaxy Tab on T-Mobile
Samsung’s Galaxy Tab launched on T-Mobile Nov. 10, retailing for $399 with a two-year plan. In doing so, the carrier beats rivals Verizon and Sprint to market by a matter of days. T-Mobile’s Website also offers the device contract-free for $599. Samsung first unveiled the Galaxy Tab for American audiences Sept. 17 with an event…
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Cisco’s Quarter Forecast Chills Tech Market
NEW YORK, Nov 10 (Reuters) – Top network equipment maker Cisco Systems Inc (NASDAQ:CSCO) gave a dismal revenue outlook, stunning investors who had hoped to see proof of a recovery in technology spending, and sending major tech stocks tumbling after-hours on Wednesday. Forecasts for quarterly and yearly revenue fell far short of Wall Street’s expectations,…
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iPad Rival PlayBook Aiming to Beat Apple on Price
SEOUL, Nov 10 (Reuters) – BlackBerry maker Research In Motion (TO:RIM), a late entrant in the booming tablet market, will take on Apple’s (NASDAQ:AAPL) iPad with competitive pricing of its rival Playbook device. The Canadian firm’s tablet, set to launch in the first quarter of next year, will start contributing to its sales "right at…