2012年1月25日星期三

Technology Report: Analysis: New EU data laws command the tide but not the cost

Reuters
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01/24/2012
News Good afternoon Bit
Apple's fiscal first-quarter results blew past Wall Street expectations, fueled by robust holiday sales of its iPhones and iPads. Apple sold 37.04 million iPhones and 15.43 million iPad tablets, outpacing already heightened expectations for a strong holiday season. Sales of iPhones and iPads more than doubled from a year ago. Revenue leapt 73 percent to $46.33 billion, handily beating the average Wall Street analyst estimate of $38.91 billion, according to Thomson Reuters I/B/E/S. Apple reported a net profit of $13.06 billion, or $13.87 a share. Analysts had expected Apple to earn $10.16 per share.

"This is all about innovation, you have to out-innovate and delight the customer. Apple is the only company that knows how to do that. The guidance is phenomenal," said Trip Chowdry at Global Equities Research.

Yahoo's net revenue and profit fell slightly in the fourth quarter, the struggling Internet company's last quarter before new Chief Executive Scott Thompson took the reins. Yahoo said it earned $296 million in net income in the three months ended Dec. 31, or 24 cents a share, compared with $312 million, or 24 cents a share, in the year-ago period. Yahoo, which fired former CEO Carol Bartz in September and appointed Thompson in January, projected that its net revenue in the first quarter would range between $1.025 billion and $1.105 billion.

A Dutch appeals court dismissed Apple's appeal to have Samsung tablets banned in the Netherlands, confirming a Dutch lower court's ruling. Apple and Samsung have been suing one another as the two technology giants jostle for the top spot in the booming smartphone and tablet markets.

Verizon may miss analyst expectations for 2012 earnings after posting disappointing fourth quarter results as it was hurt by hefty subsidies for the Apple's iPhone. The company reported a fourth-quarter net loss of $2.02 billion, or 71 cents per share, compared with a profit of $2.64 billion, or 93 cents a share, a year earlier.

About one in five workers around the globe, particularly employees in the Middle East, Latin America and Asia, telecommute frequently and nearly 10 percent work from home every day, according to a new Ipsos/Reuters poll. Telecommuting is particularly popular in India where more than half of workers were most likely to be toiling from home, followed by 34 percent in Indonesia, 30 percent in Mexico and slightly less in Argentina, South Africa and Turkey. But the job option is the least popular in Hungary, Germany, Sweden, France, Italy and Canada, where less than 10 percent of people work from home.  Despite the obvious benefits of telecommuting, 62 percent of people said they found it socially isolating and half thought that the daily lack of face-to-face contact could harm their chances of a promotion.
LATEST NEWS
Analysis: New EU data laws command the tide but not the cost
January 24, 2012 01:02 PM ET
MUNICH (Reuters) - New data-protection proposals from the European Union to help people regain control of personal information from sites like Facebook could prove as effective as commanding the tide, while hurting small firms and Web giants alike. | Full Article
Netflix glad 2011 over but 2012 may mean more pain
January 24, 2012 10:07 AM ET
LOS ANGELES (Reuters) - Netflix Inc probably would like nothing better than to put 2011 behind it. But 2012 may be no walk in the park either. | Full Article
Flamboyant online tycoon kept low profile in rural NZ
January 24, 2012 07:29 AM ET
COATESVILLE, New Zealand (Reuters) - Megaupload founder Kim Dotcom's online profile was larger-than-life, with fast women, faster cars and chartered planes, yet he lived like a virtual recluse in a sprawling, manicured estate on the outskirts of New Zealand's biggest city, Auckland. | Full Article
Entrepreneurs bring Internet coding skills to everyday users
January 24, 2012 03:24 PM ET
CHICAGO (Reuters) - Not too long ago, Web coding was the rarified realm of computer geeks, but a new crop of entrepreneurs is making this valuable computer skill available to just about anyone with an inclination to learn. | Full Article
Chipmakers' forecasts prompt fears of Nokia slump
January 24, 2012 06:05 AM ET
HELSINKI (Reuters) - Weak quarterly reports from Nokia's chipset suppliers prompted fears of a sales slump in the Finnish company's older smartphones, sending its shares 8 percent lower on Tuesday. | Full Article
BUSINESS NEWS
Nasdaq 100 index futures up after Apple
January 24, 2012 04:53 PM ET
NEW YORK (Reuters) - Nasdaq 100 index futures rose late on Tuesday after Apple Inc reported quarterly profit and revenue that surpassed Wall Street expectations. | Full Article
Europe poses global recession threat: IMF
January 24, 2012 02:43 PM ET
WASHINGTON (Reuters) - Europe's debt crisis could tip the world economy into recession and a bigger firewall is urgently needed to keep the damage from spreading, the International Monetary Fund said on Tuesday. | Full Article
U.S. growth solid in fourth quarter, pace seen slowing
January 24, 2012 05:00 PM ET
WASHINGTON (Reuters) - The U.S. economy appears to have shaken off the gloom from Europe's debt crisis in the fourth quarter, pushing ahead at what was likely its fastest pace in nearly two years. | Full Article
S&P says likely to declare Greece in default
January 24, 2012 04:55 PM ET
NEW YORK (Reuters) - Standard & Poor's will likely downgrade Greece's ratings to "selective default" when the country concludes its debt restructuring, but that will not necessarily destroy the credibility of the European Union, an official with the ratings agency said on Tuesday. | Full Article
Greek creditors urge quick deal after eurozone
January 24, 2012 03:23 PM ET
ZURICH/ATHENS (Reuters) - Greece's private creditors pleaded on Tuesday with European officials who rejected their bond swap offer to hammer together a deal before Athens tumbles into a chaotic default. | Full Article
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