| Intel told to get out of mobile Posted: 08 May 2014 01:59 AM PDT A report from JP Morgan suggested that Intel will carry on losing money in the mobile sector – including tablets and smartphones.
According to JP Morgan, quoted in EE Times, the X86 technology for both tablets and smartphones is inferior to ARM technology.
“If Intel were to shut down its mobile business, we estimate it could unlock roughly $0.50 in 2015 EPS.”
The news won’t come as much of a surprise to anyone apart from Intel. The megachip firm has invested plenty of money in the smartphone sector but with little returns. The overwhelming majority of tablets and smartphones don’t use Intel mobile tech.
JP Morgan won’t be popular at Intel. The company under the leadership of its CEO is determined to continue to spend yet more money investing in the mobile space.
The official Intel line is that its Bay Trail chips, along with 14 nanometre technology will lead the smartphone and tablet pack.
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| Apple loses out to Android, Windows Posted: 08 May 2014 01:56 AM PDT A report from market research company IDC said that more than three quarters of Western government employees are abandoning Apple and Blackberry.
The European government sector was heavily dependent on Blackberry use in the past, but only 27 percent use the device to connect with their enterprises.
The winners are smartphones based using either the Android or the Microsoft Windows operating system, said IDC.
IDC also said that over 60 percent of government outfits are developing mobile applications, including financial apps.
Massimiliano Claps, a research director at IDC EMEA, said that government CIOs need to support investments in back office apps, workflow automation and analytics.  |
| AOL’s profit slumps Posted: 08 May 2014 01:52 AM PDT Media company AOL said that it turned in revenues of $583.3 million for its financial first quarter.
But profits fell by 64 percent compared to the same period last year, with share prices showing a marked drop yesterday. AOL turned in a profit of $9.3 million, down from $25.9 million in the quarter last year.
AOL is trying to re-engineer itself as a compamy specialising in advertising technology but that’s a risky strategy, given the competitive nature of that sector.
The company claimed that investments in new technology accounted for the large drop in profits.  |
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