Samsung record 26% profit leap but warns against competitive sales Monday, 28th October 2013
South Korean smartphone behemoths Samsung saw profits jump 26 per cent in the last three months thanks to strong demand for its chips, but warned that sales for its smartphones in the final quarter could slow amid competition from its Californian adversary, Apple. Thanks to the high-profile launch of Apple’s iPhone 5S and iPhone 5C, Samsung has lost its grasp at the top of the US smartphone market, with the iPhone 5S outselling Samsung’s Galaxy S4.
Samsung edges Apple in US mobile phone sales Friday, 18th October 2013
Smartphone rivals Apple and Samsung had a close run finish to see who would out-sell who in the highly-competitive US smartphone market last quarter, with Samsung just edging it in front of their Californian adversary. According to a report obtained by Fortune, Samsung mobile phone sales accounted for 38 per cent of all sales in the quarter ending September 30, just ahead of Apple’s 34 per cent.
Samsung's Galaxy Round marks change of gear for high-end smartphone market Wednesday, 9th October 2013
Samsung Electronics Co Ltd on Wednesday launched the Galaxy Round – the world’s first smartphone with a curved display. Samsung are hoping that the innovation will one day become flexible enough to make it unbreakable, making it ideal for the next phase of wearable technology. Curved screens have been at the forefront of Samsung’s bid to win the innovation war with Apple, who just last month, released the new iPhone 5S.
Samsung Galaxy Gear 2 in the pipeline, according to sources Tuesday, 17th September 2013
Samsung are keen to carry on their wearable technology expanse as rumours surface that the technology giants already have another model in the pipeline. The long-awaited Galaxy Gear smartwatch launched a fortnight ago, but Korean news site Daum has reported that a new model of the watch could hit shelves as soon as January 2014.
Hedge fund manager issues startling warning to retailers ahead of Q2 results Tuesday, 13th August 2013
David Berman, founder of Durban Capital and Berman Capital Management, has issued a startling warning ahead of September’s Q2 results, which will see many retailers reveal their company’s profit margins. Amongst those retailers will be the Home Retail Group, who operate companies Argos and Homebase.
Obama administration overturns patent against Apple Monday, 5th August 2013
A US trade panel’s ban on the sale of some older iPhones and iPads has been overturned by the Obama administration, giving Apple Inc further impetus over fierce rivals Samsung Electronics Co Ltd in their long-running patent dispute. Back in June, the US International Trade Commission banned the import or sale of the iPhone 4, iPhone 3GS, iPad 3G and iPad 2 3G, saying the devices infringed a patent owned by Samsung.
Accessories Amazon Asda Christmas Expansion & Franchise Fashion HR News High Street John Lewis London Marks & Spencer Media News Results Retail Retail and Consumer Industry Retail news Sainsbury's Store Tesco UK china consumer deal deals and rumours department department stores e-commerce electricals expansion fashion news food grocer group launch luxury morrisons my online online retail people profit property retail industry retail property retailer sale sales supermarket waitrose