Sales

Samsung estimates $5.88bn Q2 ’12 profit

Samsung estimates $5.88bn Q2 ’12 profit

We know you’re perched on the edge of your seat waiting to hear Samsung’s Q2 financials, so we won’t keep you waiting. The South Korean company has issued its earnings guidance for the second quarter, reporting approximate sales of ₩47 trillion (~$41.31 billion) and an approximate operating profit of ₩6.7 trillion (~$5.88 billion). You’ll have to wait a little longer to hear the full numbers though.

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Dell to purchase Quest for $2.4 billion

Dell to purchase Quest for $2.4 billion

Dell has today announced that it will be purchasing Quest, a company that provides IT management software for businesses. Dell looks to be stocking up on software solutions in order to differentiate itself from its competitors and add to a growing patent portfolio. The acquisition of Quest means that Dell will be able to expands its software to in systems management, security, data protection, and workspace management.

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Qualcomm extends Vuforia augmented reality to the cloud

Qualcomm extends Vuforia augmented reality to the cloud

Remember Vuforia? Qualcomm’s augmented reality platform allows you to scan real world objects and create “interactive experiences” on your smartphone or tablet. The technology had its limitation though, only scanning photos against a local database of 80 images. Now Qualcomm has announced that by adding the cloud into the mix, so the platform can perform image recognition against over one million images.

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Microsoft predicts tablets overtaking PCs next year

Microsoft predicts tablets overtaking PCs next year

Microsoft is definitely thinking ahead when it comes to its Surface tablet. At a TechEd event held in Amsterdam today, the company has said that it believes tablet sales will overtake PCs within the next year. Antoine Leblond, vice president for Windows Web Services, spoke about how touch interfaces will become the dominant platform in the coming years, and that tablets will outsell traditional PCs for the first time.

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Strategy Analytics: iPhone has generated $150bn in revenue

Strategy Analytics: iPhone has generated $150bn in revenue

The fine fellows at Strategy Analytics have been crunching some numbers behind the scenes and discovered that Apple’s iPhone has generated around $150 billion in revenue since it first launched back in 2007. On top of that, the firm believes that around 250 million iPhones have been shipped in total across the world. It marks just how popular the iPhone really is, not to mention how lucrative the mobile market has become.

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Latest iPhone prototypes reportedly feature NFC

Latest iPhone prototypes reportedly feature NFC

One of the features that Apple demoed at WWDC 2012 was PassBook for iOS 6. The app would store gift vouchers from various retail stores and other services that could be redeemed by scanning the code on the phone. 9to5Mac has discovered that NFC controllers are currently being used in iPhone prototypes. The latest piece of information was spotted after they took a closer look at hardware code dumps.

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Samsung Galaxy S III to hit 10m sales during July

Samsung Galaxy S III to hit 10m sales during July

The Samsung Galaxy S II and Galaxy Note have both seen impressive sales figures, and the company isn’t being cautious about its sale expectations for its latest flagship, the Galaxy S III. Samsung believe that the phone will surpass the 10 million sales threshold next month once the effects of launching in the United States start to kick in. Launching on five carriers in the US along with today’s release in South Korea should propel sales forward quite dramatically.

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Nokia in talks to sell Vertu (again)

Nokia in talks to sell Vertu (again)

Reuters is reporting that Nokia is looking at potential buyers for the luxury phone brand yet again, this time with private equity firm EQT. Sources speaking to Reuters say that Nokia is hoping to take away €200 million (~$250 million). The deal is expected to go through sometime this week, but talks are still ongoing due to the problematic nature of separating the unit from Nokia.

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Nokia losing cash reserves at worrying pace

Nokia losing cash reserves at worrying pace

Nokia may be trying to make a comeback in the smartphone world by pairing with Microsoft and leveraging Windows Phone, but analysts are concerned that the company may be burning through its cash reserves too fast. Last quarter the Finnish smartphone manufacturer reported a $1.7 billion loss, and analysts fear the company may not be able to stop hemorrhaging money.

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HTC EVO 4G LTE delayed at Best Buy

HTC EVO 4G LTE delayed at Best Buy

Best Buy may have jumped the gun a little in throwing up a release date for the HTC EVO 4G LTE. The company has now sent out emails to customers saying that the phone has been delayed, with no new date given so far. It comes after it was revealed that the HTC One X and EVO 4G LTE face a customs block, preventing the phones from being sold in the United States until they’ve been cleared of patent infringement.

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