Fifty billion dollars was wiped off Apple’s valuation in after-market trading on Wednesday after it published first-quarter results that spooked investors, despite lifting sales by 18% to a record US$54,5bn. The question on investors’ lips now is whether this marks the bottom of an aggressive sell-off
LinkedIn, the online network for business professionals, says it signed up its two millionth South African user on Tuesday. The US company, which is listed on the Nasdaq in New York with a market capitalisation of US$12bn, says it has 187m members in more 200 countries. It says the three biggest
Broadband access in South Africa has more than doubled in the past two years, as mobile operators slashed the cost of data and network roll-out accelerated. This is revealed in new data contained in the final version of the “Internet Access in South Africa 2012” study, released on Thursday. The study was conducted by
In a move sure to worry BlackBerry maker Research in Motion, Facebook has removed the need to have an account when using its messaging application, Messenger, for Android, BlackBerry and iPhone. The app, which resembles Apple’s iMessage, ties in with users’ Facebook inboxes, allowing
The government’s decision in August to retain two Telkom directors who small institutional investors wanted removed and vote off four independent investors has led to speculation that the purge of the board was driven by a long-term plan for the company
Although 95% of large SA companies have some sort of social media strategy aimed at consumers, only 51% consider their efforts on Facebook to be effective. The figure drops to just 33% for Twitter. These findings are contained in the latest SA Social Media Landscape study by World Wide Worx. The
While many emerging markets have seen sales of dual-Sim mobile phones flourishing, giving device manufacturers like China’s ZTE and Huawei the chance to gain a foothold with innovative new devices, the market for dual Sims in SA remains negligible
Although Nokia and BlackBerry are slipping in developed markets, both brands continue to be wildly successful in SA. This is according to a market research report released this week by World Wide Worx. The research shows Nokia remains the most popular cellphone brand among SA’s urban residents
SA consumers are becoming more confident about transacting and banking using mobile devices. This applies both to users of high-end devices and entry- to mid-tier devices, new research from World Wide Worx shows. As anticipated, the Mobility report, released
These are dark days for BlackBerry and Research in Motion (RIM). Though the Canadian company’s smartphones continue to sell well in some emerging markets, including SA, consumers at the higher end — they are the more profitable segment for handset
