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July 27, 2012 by Vertical Axion
Facebook has been struggling to stay afloat since its IPO event a few months ago. In the last three days, Zuckerberg has lost $3 billion from his own personal net worth, bringing it down to a total of $11.8 billion. When Facebook went public, the founder was worth nearly $20 billion. Several things have contributed […]
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July 26, 2012 by Vertical Axion
Sprint recently shut down its Nextel network, its Network Vision project, and withdrew its investment in Clearwire. Because of these massive changes, Sprint reported a loss of $1.37 billion (46 cents a share) on revenue of nearly 9 billion. This is significantly higher than ten months ago when it reported a loss of $863 million […]
Samsung’s total number of smartphones shipped last quarter was nearly double that of Apple’s shipped phones, quarterly reports and Juniper Research indicate. Samsung estimates they shipped some 52.1 million smartphones worldwide, while Apple shipped only 26 million. BlackBerry only managed to ship 7.4 million units, and Nokia shipped around 10.2 million. However, the units that […]
July 25, 2012 by Vertical Axion
Google paid quite the premium some months ago to acquire Motorola Mobility. Yesterday, Google filed a document with the SEC to outline the exact worth of Motorola Mobility and what the search giant paid for each individual faucet. $2.9 billion of the purchase price covered Motorola’s cash, $730 million for customer relationships, $670 million for […]
The iPod has long been associated with the resurrection of Apple itself; however, it now seems to be fading out of popularity, a recent quarterly report indicates. Last quarter, 6 million iPods were sold, compared to 4 million Mac computers. The iPad blew them both out of the water with sales over 17 million, and […]
July 24, 2012 by Vertical Axion
AT&T’s smartphone sales fell nearly 8% last quarter, and the company appears never to have been in a better mood. In fact, the fall in smartphone sales improved their second-quarter profits significantly, and the company made more money than expected. Smartphone sales are obviously vital to keeping the profit coming; even if the phone doesn’t […]
Apple has been pursuing Samsung for several patent infringements in the past few weeks, and now the iPad maker has upped the ante: they now demand that Samsung fork over some $2.5 billion in damages caused by patent infringement. Apple says that this is only the latest figure, and as the court case drags on, […]
July 23, 2012 by Vertical Axion
The chief executive of Samsung predicted at the beginning of the year that the Galaxy S3 would hit over 10 million units sold by the end of July. It appears, however, that the phone has hit and passed this goal several weeks early. President Shin Jong-kyun of Samung’s information communication division revealed that the Android-powered […]
South Korea is the first country to go over 100% wireless coverage, according to the Organization for Economic Cooperation and Development. Worldwide, the OECD shows that subscriptions to wireless Internet have been growing on an average of 13% every six or so months. The total number of broadband subscriptions now totals 667 million. Last year […]
March 22, 2012 by Vertical Axion
Imagine what could happen if all your business data gets lost through unforeseen circumstances like a computer crashing, theft, or disasters such as fire, floods, and the like. Lost data can greatly cripple your business operation. Thus, offsite backup is necessary if you’d like to protect your business. In as much as you would backup […]
