Reports indicate strong Bitcoin interest in China. BTC, the China-based Bitcoin exchange accounts (trading a third of all Bitcoin transactions, while China may account to close to half of the daily turnover, according to some internet reports) at an estimated 200k Bitcoins a day.Read more ›
Post Tagged with: "Technology"
Apple set another record for revenue in its fourth quarter of 2013 according to its latest earnings. However, margins at Apple have receded such that profit fell for yet another quarter. Overall, Apple’s strategy now seems to be geared toward maintaining margins as high as possible without sacrificing too much share. It will be a difficult proposition despite Apple’s stellar execution.Read more ›
This is my tech links post that I am putting up outside the paywall and free for non-registered users. The only tech links in today’s post are on the NSA.The impetus for this post was the revelation that the NSA can get access to data in 75% of American Internet communication via its upstream wiretapping at American telecom companies. That is the lead link here but I want to make some general comments below.Read more ›
Facebook is up a massive 26% today on the back of strong mobile-fuelled earnings in the second quarter. Having dedicated itself to becoming a more mobile-centric platform, Facebook is reaping the rewards. This is a lesson, however, to every technology company on the importance of mobile in today’s economy.Read more ›
Yesterday I wrote up a review of Apple’s earnings. And while the earnings are declining, Apple is still in pole position in the mobile space. Nonetheless, Google’s product unveiling yesterday was huge because the various products in handsets, tablets and for TV show that Android has entirely closed the gap with Apple. Today I want to review why this is so important.Read more ›
I have a few brief comments here on the crop of technology earnings and stories that are coming out. The lead story is actually on Nokia’s earnings because it captures the pricing pressure I believe is happening right across the technology landscape – from handsets to mobile apps to mobile telecom pricing. Everywhere you look, average selling price is declining.Read more ›
Real quick here – I wrote you on Friday about T-Mobile USA’s moves to unbundle handset subsidies and to reduce pricing. Apparently this is having an impact as all the major carriers have now reacted. Sprint has lowered its unlimited contract pricing and AT&T and Verizon have also partially unbundled handset subsidies. I believe US consumers will benefit.The big loser here will be handset makers.Read more ›