1 Updates
Tech Companies’ Division Led by Apple
Photo Credit: Mashable

Tech Companies’ Division Led by Apple

Oct 30 2013, 2:21pm CDT | by

Quarterly earnings that Apple and Facebook are expected to report this week will clearly show the division of the tech industry into those that are adapting well to the changing web and mobile demands, and those that are not.

Both Apple and Facebook are expected to show later today the increase in their revenues in the last quarter. Apple leads with the iPhone sales with two newly released models, and Facebook with mobile...

Filed under: rumors

Full Story below YouTube Videos

 
 

 

24 weeks ago

Tech Companies’ Division Led by Apple

Oct 30 2013, 2:21pm CDT | by

Quarterly earnings that Apple and Facebook are expected to report this week will clearly show the division of the tech industry into those that are adapting well to the changing web and mobile demands, and those that are not.

Both Apple and Facebook are expected to show later today the increase in their revenues in the last quarter. Apple leads with the iPhone sales with two newly released models, and Facebook with mobile advertising.

Google Inc., Amazon.com Inc. and Samsung Electronics Co. have also released financial results that are much better than earlier estimates predicted. Those are the companies that pioneered Internet and mobile-based services. On the other side, companies that had trouble adapting to the new trends are reporting disappointing results. Some of them are Symantec, a security software company, International Business Machines Corp. and Yahoo! Inc.

According to the Gartner’s Inc Director of Research Van Baker, old companies are being pushed away by the companies that are leading the new dominant forces.
The results that Microsoft Corp. reported last week show that it is possible for the divide to exist even within the company. Washington-based software company The Redmond had excellent results for its messaging software and internet telephone, which compensated for the poor results by company’s personal-computer end of business. Redmond doubled sales with the online version of the Office, available through its cloud service. The sales were also excellent for the Azure for its Web hosting application.

Analysts are saying that the companies that dared to disrupt their regular business in order to lead the new trends are being rewarded with excellent results. That is why Google and Amazon, which are new in the tech industry, did so much better than old companies such as IBM.

For a long time, the tech industry profited from selling personal computers and software that went with them. The huge popularity of tablets, smartphones and any device that allows people to work and play anywhere where there is an internet connection is turning the tech industry on its head.

Apple clearly leads the shift. It was Steve Jobs who came up with the term “post PC era.” Morgan Stanley’s analyst Katy Huberty is predicting that Apple will show better than expected results, especially because the success of the newly released iPhone 5C and 5S. Bloomberg is predicting that Apple will sell 33 million iPhones during the last quarter.

Apple’s quarterly profit is expected to be $7.21 billion. Unless Apple comes up with a new product in the last quarter, its profit will fall for a third quarter in a row.

The coming holidays shopping season sales of Apple products will offer a glimpse of what to expect. According to Huberty, it is possible that Apple will earn 55 million this year, in comparison to 47.8 million last earlier.

Apple’s spokeswoman Kristin Huguet refused to comment.

Source: Business Week

 

Don't miss ...

 


Bijon Kumar Pramanik is an experienced technology writer working since years in the consumer electronics field.

 

blog comments powered by Disqus

Latest stories

Emails Reveal What Samsung Planned After Steve Jobs’ Death
Emails Reveal What Samsung Planned After Steve Jobs’ Death
The company planned to use his death as a perfect time to attack the iPhone
 
 
Yahoo Wants Apple To Switch For iOS Searches
Yahoo Wants Apple To Switch For iOS Searches
The CEO of Yahoo wants Apple to move away from Google searches as the default
 
 
Experts Encouraging Investments In Apple Stock
Experts Encouraging Investments In Apple Stock
Morgan Stanley says investing before the next release of products is ideal
 
 
2014 Lexus GX 460 Test Drive And Review: The Refined Off-Roader
2014 Lexus GX 460 My absolute favorite vehicle segment is the mid-sized SUV. I like mine with a robust body structure (usually body-on-frame), good ground clearance and straightforward technology for all terrains....
 
 
 

Latest from the Network

Emails Reveal What Samsung Planned After Steve Jobs’ Death
Back in October of 2011, Tim Cook announced that they were going to release the iPhone 4s as well as the iPhone 5, with preorders starting the next week. Samsung had a meeting over what they could do about this, in an...
Read more on Apple Balla
 
Yahoo Wants Apple To Switch For iOS Searches
Apple devices have used Google search engine results for a long time now, but that might be changing if other forces have their way. Re/code is now reporting that the CEO of Yahoo, Marissa Mayer, would like to convince...
Read more on Apple Balla
 
Experts Encouraging Investments In Apple Stock
According to an Analyst at Morgan Stanley, Apple’s stock isn’t seen as a risk at the moment and if anyone is still trying to make up their mind about buying in, this is the time.During research and development phases at...
Read more on Apple Balla
 
How The Corinthia Hotel Lisbon Became Extraordinairly Energy Efficient
In an interview with Pedro Ferreira, engineer at Corinthia Hotel Lisbon, we discussed the hotel’s efforts to become more and more energy efficient—and why—resulting in the property being awarded the Western Europe...
Read more on Business Balla
 
Consumers Hunt For Easter Bargains
Easter weekend is time to celebrate a religious holiday, spend time with family and friends and welcome the upcoming spring weather. Consumers look forward to shedding winter coats, planting flowers and riding bikes in...
Read more on Business Balla
 
Social Intrapreneurism: How Business Innovators Are Helping To Build A More Sustainable World
In a joint interview with Professor David Grayson, Melody McLaren, and Heiko Spitzeck, we discussed their new book, Social Intrapreneurism and All That Jazz: How Business Innovators are Helping to Build a More...
Read more on Business Balla
 
How To Repeat Your Initial Success: Coming Up With An Encore
Some 30 years ago, I began work on my first  book: Sweat Equity which profiled America’s best entrepreneurs. Even though the book is long out of print (so this is as far from a plug as possible), I thought it would be...
Read more on Business Balla
 
Onsite Generation: Can Utilities Rethink Their Business Proposition?
Can utilities adapt to emerging innovations that allow customers to “bypass” their services? Or, will power companies become the modern-day dinosaur? The trend is toward more independent customers who are able to...
Read more on Business Balla
 
Sungale’s Smart TV Box is Bringing the Fight to the Internet Streaming TV Market
Chino, CA, April 19, 2014 --(PR.com)-- Sungale, the consumer electronics brand, has been in the Internet TV Box arena for a number of years now, and it is ready to fight for its place at the top. There are a number of...
Read more on Business Balla
 
TraceGains Looks at Future of Foods at Flavor and Extract Manufacturers Association Event in May
Westminster, CO, April 19, 2014 --(PR.com)-- TraceGains will attend the Flavor and Extract Manufacturers Association (FEMA) 105th Annual Convention May 4-7, 2014 at the Marco Island Marriott Beach Resort in Marco...
Read more on Business Balla
 
 
Auto Balla Sexy Balla Sport Balla TV Balla Politics Balla Movie Balla Apple Balla Business Balla Ad Balla Celebrity Balla