Waitrose could use GPS technology to improve its click and collect service Thursday, 22nd August 2013
Waitrose are deliberating whether or not to use mobile phone GPS technology to track where their customers are in order to prepare their shopping orders. The service would run alongside their click and collect offer, where customers order their groceries and schedule an appropriate time to drive to the store and collect them.
Apple reportedly in the early stages of buying PrimeSense Wednesday, 17th July 2013
The company that helped develop Microsoft’s Xbox Kinect are in early negotiations with Apple over a possible sale, according to Calcalist. The Israel-based PrimeSense, have reportedly been visited by Apple engineering executives about the possibility of an agreement to sell the microchip developer.
Samsung’s shares drop 3% to a 9 month low Wednesday, 26th June 2013
South Korean multinational electronics company Samsung reported a 3 per cent drop in shares on Wednesday, representing a 9 month low for the firm. The news comes as investors prepare for weaker earnings from Samsung, more than forecasted for the period of April to June. Shinhan Investment Corp has joined a number of brokerages in cutting its price for the tech giant, adding that it predicts that the smartphone company’s shipments and earnings will be lower than expected.
Panasonic set to cut 5,000 jobs in a bid to improve profit margins Thursday, 30th May 2013
Panasonic Corp have announced that around 5,000 workers will lose their jobs in a bid to boost their profit margin over the next three years. Panasonic president Kazuhiko Tsuga has set the company a target over the next three years to bolster its profit margin to a 5 per cent minimum by making cut backs from its automotive and industrial division.
Apple chief hints at "game-changing" innovations Thursday, 30th May 2013
Apple chief executive Tim Cook tells investors that the company has several “game changers” in the pipeline, as profits for the technology giant fell for the first time in a decade. Speaking at a conference in California, Mr Cook promised anxious investors that new products will be released, hinting that wearable computers may be next.
US Apple stores make record sales Monday, 20th May 2013
A study by Asymco’s Horace Dediu shows that Apple’s US retail stores make money than any other store per square feet, as well as revenue per visitor. Approximately USD 13 million worth of revenue is accumulated per store, which roughly translates as USD 57.50 per visitor.
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