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Toyota Motor (TM) was hard hit by the tragic Japan earthquake and tsunami. In spite of these challenges, Toyota managed to increase its vehicle sales in the first quarter in international markets by 8% year over year. Toyota’s international vehicles sales account for around 42% of its global vehicle sales and the company sells its [...]
BlackBerry Company Research In Motion (RIM) is rumoured to be toying with the idea of entering the home entertainment business. If it is true, this will be the second major departure for the Waterloo-based RIM from its core business of smart phones where it ruled the market till last year. Last April, RIM unveiled its [...]
Gold rose 1 percent on Friday, erasing early losses, as reservations over this week’s bailout plan for debt-laden Greece and concerns over negotiations to raise the U.S. debt ceiling lifted interest in the metal as a safe store of value. The precious metal retreated from this week’s record high at $1,609.51 an ounce after European [...]
Nokia Corp. no longer sells the most smartphones in the world. The once-dominant mobile phone giant slipped behind Apple Inc.’s iPhone in the second quarter in terms of the quantity of smartphones shipped to vendors. It’s yet another unflattering milestone for the Finnish company, which on Thursday posted a euro368 million ($523 million) loss in [...]
ARM led the FTSE 100 this morning, boosted by Apple’s blockbuster sales. Apple sold 20.3 million iPhones in its third quarter, ahead of an expected 17 to 18 million, it said on Tuesday. European mobile technology firms all got a lift from the news, with chip designer Arm’s shares up by 4.9%, or by 28.5p, [...]
Approximately 33 percent of Americans surveyed own a smartphone and a study from the Pew Internet and American Life Project has found some interesting information about how we use them. Eighty-seven percent of smartphone users are going online or checking their mail with their smartphones, with 67 percent saying they do so daily. Twenty-five percent [...]
Gold prices hit record highs for a second day on Thursday after hints of further policy easing from the Federal Reserve and a Moody’s warning the United States may lose its top-notch credit rating hurt the dollar and sparked buying of safe-haven assets. The precious metal was also strengthened by concerns over euro zone debt [...]