Samsung reported flagging profits and smartphone market share in the first quarter of this year, but the company promised improvements throughout the rest of 2014 on the strength of its Galaxy S5 smartphone, interest in the World Cup soccer match and improvements in its display panel and home appliances businesses.
It has finally come to pass: no longer will Nokia make mobile phones, and for those of us who have watched and monitored the company over past decades it really is the end of an era. The Nokia we knew is no more now that the deal to sell its devices unit has finally gone through. Microsoft also appears to have little intention of keeping the famous phone brand, according to recent remarks by former Nokia CEO Stephen Elop.
Facebook will unveil a mobile advertising network this week at its f8 developer conference called Facebook Audience Network, according to TechCrunch. The conference starts April 30.
Apple CEO Tim Cook continued to play coy about future new product categories the company might be breaking into later this year. He also indicated he thinks the mobile payments market hasn't been "figured out" yet.
Apple easily beat analysts' expectations for iPhone sales in its most recent quarter, delivering 43.7 million iPhone unit sales. However, the company's iPad sales fell below analysts' expectations, and were lower than Apple's iPad sales in the year-ago period.
About a year after its launch, Fan TV has snared a big cable operator to push out its live TV and streaming content service--at least for the time being. Time Warner Cable said that it will launch Fan TV to its video subscribers starting in the second quarter of this year. As with all things TWC, however, that could be subject to change if and when Comcast acquires the nation's second biggest MSO for $45.2 billion.
Apple is stepping up its recruitment of payment executives as part of an effort to gain a stronger foothold in the mobile and electronic payments market, according to a Re/code report.
According to a detailed report from the Wall Street Journal, Apple and Google are battling each other for the most popular mobile games. Each company wants to offer its respective users the latest and greatest mobile games, and both are offering mobile gaming developers promotional incentives to encourage them to focus only on iOS (for Apple) or Android (for Google) with their game launches.
Apple is scheduled to report its quarterly earnings later this week, and analysts generally expect the iPhone and iPad vendor to post relatively stable results as it gears up for the release of new products later this year.
Facebook will reportedly launch its own mobile advertising network later this month, according to multiple reports. The action will put Facebook in direct competition with Google's AdMob, Millennial Media, Apple's iAd and other mobile ad networks.