Tags: , ,

Microsoft ups dividend, Windows Phone 7 to launch in October

windows-phone-7The world’s largest software maker, Microsoft Corporation, announced the company would increase its quarterly dividend by 23-percent to $0.16 per share, marking the first increase since two-years ago.

The Microsoft stock (NASDAQ:MSFT) has seen very little volatility over the last five-years, and anxious investors are looking for better returns as the stock price has provided marginal capital gains over a long period.

Investors who take long positions on the Microsoft stock as at November 18 will be eligible for the increased dividend distribution, which is scheduled to be paid to shareholders on December 9.

The increase in the dividend to stockholders indicates the company is confident that the economy is and will continue to improve, and that it will have sufficient cash from operations to fund capital, research & development, among other cash requirements.

For fiscal 2011, Microsoft is now expected to distribute $5.66-billion to shareholders, up from $4.6-billion in fiscal 2010.

Read the full story

Tags: , ,

HP exec says multiple Palm WebOS products coming this year

hpOn July 1, HP Corp. confirmed it would acquire Palm Inc. for $5.70 per share, valuing Palm at about $1.2-billion.

The acquisition sent the market into a spiral of eager speculation of new HP consumer electronics and smartphones powered by Palm’s WebOS platform.

In a recent blog post, HP Chief Technology Officer, Rahul Sood, wrote in a blog post that HP would release multiple Palm WebOS products within the next year, some of which will include new form factors.

Mr. Sood said, “you will certainly see products [including smartphones and “web-connected devices”] released over the next 12 months, some sooner than others, and some which are very exciting to me. The stuff that excites me the most are the new form factors.” He warned that the products wouldn’t be released in the short term, but at the same time, it wouldn’t take an entire year for the first devices to launch, rather, multiple products would be released over the course of the next year.

Read the full story

Tags: , , , ,

New Adobe tool allows developers to make a single app for different platforms

adobe-airA new Adobe tool in Adobe Air could revolutionize the way developers produce applications.

Developers are able to build a single code-base for a single application, and utilize the tool to essentially convert the application to run on multiple operating systems (including mobile operating systems) that support Adobe Flash. No additional code needs to be changed to support the different platforms.

Adobe says the tool is the first of its kind, and no other technology currently allows developers to maintain the same code-base without any modifications to the initial code to run on a variety of platforms.

Read the full story

Tags: , ,

Apple to end iPhone 4 bumper case program

Apple’s hugely successful next-generation iPhone 4 was a huge success (1.7-million units sold in first three-days) for the company given overwhelming demand for the product that propelled the iPhone to become the number one product launch for Apple.

However, the iPhone 4 did have one significant defect: antenna attenuation was caused if the device was held tightly (some would argue even lightly) from the bottom left corner of the phone.

Apple held a special press conference to address the defect following intensifying criticism, saying only a small percentage of devices was affected.

More specifically, Apple said less than 1-percent of all manufactured iPhone 4 devices had the defect, and only 0.55-percent of all the consumers who purchased the phone had directly called Apple Care about the issue. Additionally, the company said only 1.7-percent returned their iPhone 4 for a full refund, versus a 6-percent return rate for the iPhone 3GS model.

Read the full story

Tags: , , , , , ,

Gartner forecasts Android to overtake RIM’s BlackBerry this year

The influential business IT market research and analysis firm, Gartner, published a report today about mobile cell phone sales, predicting Ontario’s Research In Motion (RIM), the maker of the popular enterprise centric smartphone, would lose its spot as the second largest phone maker this year.

Gartner noted intensifying competition from Google’s Android mobile operating system, and Apple’s iPhone.

Google Android is expected to edge RIM out of the second spot as more handsets are expected to ship with Google’s OS.

Read the full story

Tags: ,

Latest RIM acquisition targets mobile app stores

The Canadian maker of the BlackBerry smartphone, Research In Motion Limited (RIM), has confirmed it’s latest acquisition, this time the company cellmania, which develops mobile application store infrastructure.

It is widely believed RIM made the acquisition as the company pushes to make its platform more attractive to the consumer segment by making available more comprehensive and diverse applications for its BlackBerry smartphone.

Cellmania offers a broad range of features for its app store platform, including the ability to fully manage billings, push downloads and media over-the-air, digital rights management (DRM), and other content management features and reports.

Read the full story

Tags: , , , ,

RIM must stand its ground in foreign BlackBerry ban threats

Research In Motion (RIM) Corp., the Ontario-based maker of the BlackBerry smartphone, has reached an agreement with the Saudi government, preventing the banning of core BlackBerry features.

The Saudi government claimed core BlackBerry features present sufficient risk to national security that it would have been forced to disable the key features for all users in the country, including for all foreigners traveling to the Kingdom.

The features in question include both BlackBerry Internet Service (BIS) and BlackBerry Enterprise Server (BES), including BlackBerry Messenger, email, and browsing.

The Saudi’s claimed (including many more nations like India, and the United Arab Emirates, among others) that the platform is far too secure where government officials are not able to monitor BlackBerry data.

Read the full story

Tags: , ,

Nokia optimistic as second quarter profits down 31-percent

The top mobile phone maker by volume in the world, Nokia, today released earnings for the second quarter of 2010.

The company reported a massive operating loss of EUR 295-million, marking a significant 31-percent increase in operating losses compared to the same period last year.

Nokia is still shipping the most volume when it comes to mobile phones in the world, posting net sales of EUR 10-billion (shipping 111.1-million units in the period), up 1-percent YoY, but the company is suffering from slumping profits because it is selling fewer smartphones that normally carry higher margins.

Read the full story

Tags: , ,

Google to stop selling Nexus One smartphone directly to consumers

Google has just announced the company would no longer sell its flagship Nexus One Android powered smartphone directly to consumers.

The company said in a statement found on the product website that it has received the final batch of shipments from its manufacturing partner, Taiwanese-based High Tech Computer Corporation (HTC), and that it would not be selling additional units after the final inventory is depleted.

Read the full story

Tags: , , , , ,

RIM, Nokia fire back at Apple’s device antenna claims

During Apple’s held press conference yesterday that explained the antenna issues with the latest iPhone 4, the company alleged other smartphones also have similar connectivity issues if the devices are held in certain ways.

Apple specifically made these claims against Research In Motion (RIM), the company behind the BlackBerry, including other top phone makers like Nokia, Samsung, and High Tech Computer Corporation (HTC).

Today, both Nokia and RIM published statements debunking Apple’s claims against their products.

Read the full story

Business 2.0 Press publishes exclusive business tech news and analysis covering start-ups to large-caps from Bay & Wall streets since 2008 from a group of highly knowledgeable industry professionals that abide by the toughest industry codes of conduct and professional standards lightMore

lightAdd value by subscribing (RSS)


StockFractions.com has the most stock ratios for public companies. Get the most comprehensive micro insight on public firms available on the web, all for free.
Stock Fractionsgo


Colon cancer is one of the leading causes of death. Irrespective of family history, everyone is exposed to the risk. About 90% of colon cancer cases begin from non-cancerous tumors, polyps, which could form in the large bowel. Screening with a colonoscopy will painlessly remove any polyps hence almost entirely reducing your risk of developing the horrible disease. The good news is that about 90% of colon cancer cases are preventable through a simple (yes, simple) colonoscopy.
Learn moreatom
Public service message from Business 2.0 Press