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Kindle Fire Moving up to Second Place in Tablet Market

The Apple iPad 2 is without a doubt the leader in the tablet computer market. There doesn’t seem to be any clear-cut choice for runner-up, but according to one financial analyst, Amazon might have grabbed that honor following impressive fourth quarter sales. According to Jordan Rohan of Stiffel Nicolaus, Amazon’s Kindle Fire tablet sold an [...]

February 4th, 2012 | Posted in Business | Read More »

Clove Pulls Out ASUS Transformer Prime following Hardware Issues

In a statement posted by Clove, the UK retailer announced they will stop selling the ASUS Transformer Prime until further notice. The issues cited by Clove are nothing new to Transformer Prime users or even casual observers. Again, the tablet’s GPS performance has been cited as a factor, as has the recent update to Android [...]

February 3rd, 2012 | Posted in Business | Read More »

White House Introduces Mortgage Overhaul

President Barack Obama formally unleashed his proposed overhaul of the country’s mortgage system on Wednesday that according to him will offer fresh starts for many Americans and provide them a tool to keep their homes from being foreclosed. The new legislation, Obama said, will offer assistance to responsible homeowners at record low rates and provide [...]

February 3rd, 2012 | Posted in Business | Read More »

Kindle Fire May Lead Amazon to Banner Q4 2011

With Amazon set to release fourth quarter 2011 sales figures Tuesday, quite a few analysts are expecting big things from the reputed online retailer. And it’s hardly surprising these business specialists are tracing Amazon’s success to the Kindle Fire tablet computer. According to Jordan Rohan of Stifel Nicolaus, the Amazon ecosystem of e-books, audio and [...]

January 31st, 2012 | Posted in Business | Read More »

Amazon Slashes Samsung Galaxy SII’s Price to $79.99

Samsung Galaxy SII has become more attractive to American consumers as Amazon Wireless opted to slash its retail price to only $79.99, easily making the handset as one of the cheapest high-end smartphone available. According to Amazon the new price tag, will be applicable to the Galaxy SII Epic 4G Touch, but the company was [...]

January 30th, 2012 | Posted in Business | Read More »

Samsung Galaxy Nexus 4G New Retail Price Set for $179

Last month, we saw the Samsung Galaxy Nexus 4G become the first-ever smartphone to feature the latest Android operating system, the Ice Cream Sandwich OS. Unlike other smartphones released with older Android versions such as Gingerbread (2.3) out of the box, the Nexus 4G actually shipped with Android 4.0. This made it a big hit [...]

January 27th, 2012 | Posted in Business | Read More »

Apple Doubles Profits for Q4 2011

The iPhone, Apple’s flagship smartphone since its introduction five years ago, is an unmitigated success no matter how you look at it. In terms of technology, it is the benchmark that other smartphones strive to reach when they release their new models. In terms of business, it is a ‘cash cow’ for the innovative Cupertino, [...]

January 26th, 2012 | Posted in Business | Read More »

Verizon Suffers Q4 Net Loss on Pension Costs, Phone Subsidies

Verizon Communications booked a fourth quarter net loss of $2.02 billion from the overall sales of $28.4 billion, despite the rise of 7.7 percent from the same period in the previous year. From the $2.64 billion netted in the same quarter in 2010 or 93 cents per share, Verizon posted a net loss per share [...]

January 25th, 2012 | Posted in Business | Read More »

Bank of America Testing Online Deals Service for Customers

Bank of America (NYSE:BAC) launched a test for a new online deals program on Tuesday that aims to provide cash rebates on customers who frequently engage on online shopping. The scheme will be known as ‘BankAmeriDeals’ and the technological infrastructure will be provided by Cardlytics, according to Bank of America official, David Godsman. Cardlytics operates [...]

January 25th, 2012 | Posted in Business | Read More »

Nokia Lumia Sales Top 1 Million Units

A survey conducted by Bloomberg is showing that Nokia has sold about 1.3 million Lumia Windows Phones since its European release in November. Bloomberg’s estimates were compiled by averaging the projections of 22 analysts, and all but one of them predicted less than one million units sold. These figures were limited to sales to retailers [...]

January 24th, 2012 | Posted in Business | Read More »