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Apple recently reported a record breaking earnings in its fourth fiscal of 2014. Grabbing the 6th position in the YouGov’s Brand Perception list.  And now it has broken one more record. Apple has become the number one preference for the Chinese luxury customers when it comes to gifting someone.

According to a Hurun Luxury Report which was published on Thursday, Apple is on the number one position as a gifting brand. The Hurun luxury report is an annual survey of the spending patterns of millionaires in the country. Apple has snatched this spot from Hermes International SCA. Hermes International is a French maker of designer clothing and accessories, known for its scarves and handmade leather luggage. The latest products of Apple like iPhones to Macbooks were the most popular gifts items among China’s luxury consumers in 2014. Apple also managed to beat the fashion luxury brands like Louis Vuitton, Gucci and Chanel.

The report also suggested a minute drop of 5% in the spending pattern of millionaires. Contrary to some analysts predictions, Apple did not sell more iPhones in China than in the U.S during the quarter but China is dangerously close to surpass U.S as the main driver of Apple’s revenue. This turning point may likely come next quarter according to analyst, Ben Bajarin of Creative Strategies who told SiliconBeat.

With the launch of the Apple Watch in April, Apple might even retain its position in the Hurun Luxury Report for next year as it might be the most gifted or it could be vice versa, too. Well, this also proves that Apple has surely made it point to concentrate on China as one of their chief priorities. The company aims to have 40 stores in greater China by mid 2016.

 

This new year hasn’t started well for Samsung. Samsung Electronics, the world’s largest smartphone maker, until now reported its first drop in annual net profits since the past three years. This looks more grim when you consider the fact that Apple reported the largest corporate earnings in history.

Samsung reported a 27 percent decline in quarterly earnings for the period of October to December making it fifth consecutive quarterly decline. The tech giant said to gross a net profit of KRW 5.5 trillion (about $4.9 billion), compared to KRW 7.3 trillion made last year. This means Samsung suffers a dip of 23.2 percent in its net profit earnings for the past quarter. And overall Samsung said to make a profit of KRW 25 trillion for the year 2014, which dipped from KRW 36.8 trillion for the year of 2013.

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Annual profit figures took a reverse gear while Samsung faced fierce competition for its throne by Apple. Also other home grown competitors like Huawei, Lenovo and Xiaomi have left no stone unturned to put a dent. [click to continue…]

When it comes to smartphones, Apple always aspires to have the best. And with its latest quarterly report, Apple has again put up a fantastic show. Apple on Tuesday (27th January) announced financial results for the first fiscal quarter of 2015, corresponding to the fourth calendar quarter of 2014. It reads to a rise in revenue generated of a staggering $74.6 billion and a record quarterly net profit of $18 billion or $3.06 per diluted share, as compared to $57.6 billion revenue and profit of $13.1 billion for the year-ago quarter. Apple has reported this to be highest revenue readings ever in its history.

Apple’s extraordinary results surprised the analysts who were expecting a good show down. All this resulted in the company’s stocks soaring. In extended trading, Apple’s shares were up by 5 percent reaching to $114.74 yesterday. Coming to gross margin, it was reported to be 39.9 percent; while it was 37.9 percent for the year ago quarter. International trade accounted for 65 percent of its total revenue. This comes out as a result of Apple launching its products in China with a bigger screen size model, the iPhone 6 Plus. And not much for a surprise, Apple’s largest regional sales come from Greater China area. [click to continue…]

HTC recently sent out invitations for this year’s Mobile World Congress(MWC) in Barcelona. The invitation claimed 1st of March will be the day on which the world will see what’s upcoming from the Taiwanese company. A host of other Android phones are also expected to release during the MWC, 2015. While HTC has refrained from revealing more information, all signs point to the imminent release of the One M9 and a smartwatch.

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The HTC One line of devices are known for their premium styling, strong all-metal industrial design and the Sense custom user interface. The One M7 and M8 received good user reviews although the camera on both fell short of expectations. [click to continue…]

Amidst the revolutionary phase of smartphones, wearable technology is advancing at an exciting pace. With lots of news catching up on wearable technology, Google shared its plans over its ambitious yet exciting project, Google Glass. Google announced that Glass Explorer edition would no longer be available. Google also announced that it is working on an upgraded Google Glass 2 which calmed down the shocked tech enthusiasts.
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While breaking the news about the discontinuation of the product, Google said that it will come up with the future versions of the Google Glass as and when they’re ready. This means that the project has not been scrapped but is now operational in the backyards of Google  [click to continue…]

Last year, many reports and leaks claimed that Apple will use sapphire glass in its new range of iPhones. Although, Apple has used it on its TouchID for the latest iPhones, it is Oppo which has come out with the much talked about “Sapphire Glass” phone.

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The new Oppo R1C sports a sapphire back panel that allows the device to be incredibly thin while remaining surprisingly sturdy. But, we do think that Sapphire glass in the front would have added more to the classiness of the phone.

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Apple has bagged a new patent by the USPTO for a remote digital camera with a remote control. The technology is based on the IP it acquired from Kodak which details a camera system which can be controlled by a smart watch. In this case, it could be referring to the Apple Watch. Apple’s Patent aims to rectify the flaws in the design of the already available portable cameras like the competitors Go Pro HD Hero2 camera.

The patent mentions that the GoPro HD Hero2 camera includes only a single image capturing system, which captures images using an optical axis directed from the front of the camera.

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Anything related to Kodak gives us an instant image of camera in our minds but it’s not the same this time, Kodak is making waves for its new Android phone. Kodak is launching its first Android based smartphone – the Kodak IM5 at the CES, 2015 on Tuesday (6th of January).

According to a Kodak spokesperson, the Kodak IM5 will be available globally, while it is starting to roll-out from Europe by the end of March, 2015. Kodak collaborated with the British firm ‘Bullit’ for developing majority of its components for the IM5.

The Kodak IM5 which supports dual-SIM has pretty good configuration packed under its 5” HD resolution (720*1280) display. The processor is a 1.7GHz octa-core MediaTek combined with 1GB RAM. The device runs on Android KitKat OS for now but the company promised an update to Android Lollipop 5.0.

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An usual scenario after going to the Twitter app is that we are on the middle of the Twitter timeline or at the bottom of it because we have a lot of unread tweets. And instead of reading each of them carefully we decide to just scroll to the top by skimming through most of them. Same goes while surfing it through the website, too. For a user this may result in missing tweets from concerned people, missing out the important happenings, etc.

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Twitter has found a solution for the same. In a recent announcement, Twitter has said that it is going to roll out a feature named ‘While you were away’ to boost user engagement. The feature will help you provide tweets which Twitter thinks are relevant to you the most. [click to continue…]

Apple, the Cupertino-based leading technology giant has decided to get serious about its sales in Indian market. First reported by BGR India back in July this year, the story has now resurfaced again with Business Today reporting an increase in the share price of Apple’s prime distributor, Redington India. The world’s most commendable brand has plans to open 500 iOS stores all across India including in smaller towns and cities. Although the expansion plan has been tentatively approved, the stores which are going to be launched in smaller towns and cities would be smaller in size i.e 300 to 600 sq.ft, unlike the exclusive apple stores which are thrice their size. Apple also plans to increase its expenditure on direct advertising in India.

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Apple which recently crossed a market capitalization of $700 Billion, has been in India since 2011 but has so far but in terms of volume hasn’t created a huge dent in the Indian markets unlike its Korean rival Samsung. Samsung currently tops the smartphone market in India and are followed by new players like Micromax and Xiaomi.

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