Tokyo-based electronics maker Sony, which has staged a turnaround following a string of losses about a decade ago, increased its annual operating profit outlook to a record ¥630bn ($5.6bn) from ¥500bn for the current fiscal year to
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Apple is designing iPhones and iPads for 2018 that don’t use components from Qualcomm amid an escalating dispute between the companies, according to a person familiar with the matter. The product plans are in the early stages and
Another day. Another record for bitcoin. The most widely used digital currency will now cost you about $6 125 apiece after blowing past the $5 000 and $6 000 price levels for the first time earlier this month. Bitcoin’s total value is
Apple’s biggest suppliers – from Taiwan Semiconductor Manufacturing to Hon Hai Precision Industry – climbed on Monday after delivery times for the iPhone X stretched to as much as six weeks in the US
Microsoft’s push into the cloud forged ahead last quarter, with demand for online versions of Office productivity software and the Azure Web services business bolstering sales and earnings. Profit in the period that
The fortune of Amazon.com founder Jeff Bezos surged by as much as $6.6bn in extended trading on Thursday after the retailer reported third quarter results that topped Wall Street estimates. If the gains hold through Friday, Bezos probably
The wait for a recovery in the wireless network equipment business just got longer with Nokia’s dire third quarter results. The Finnish manufacturer predicted a prolonged slump for the industry, sending its shares
Banks around the world have spent the past few years preparing for competition from small, nimble technology start-ups. It turns out the real threat may be Jeff Bezos. Financial institutions have parried the threat from fintech firms by
One of Sony’s most promising bets on the future is hiding in plain sight. Inside the electronics maker’s Atsugi Technology Centre, a research campus located an hour outside Tokyo, engineers and researchers are developing sensors that
Advanced Micro Devices’ new products, aimed at trying to claw back orders lost to Intel in the market for chips that run PCs, are giving sales a boost – just not one big enough to help profitability and satisfy investors after the stock increased