|Bid||0.00 x 0|
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|Day's Range||44.20 - 44.20|
|52 Week Range||44.20 - 44.20|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
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Can Apple Survive Its Stagnating iPhone Unit Sales? Apple (AAPL) admitted early this month that its performance in India hadn’t been great in its fourth quarter of fiscal 2018, which ended in September. It said its India business was flat year-over-year in the period, weighed down in part by a weak Indian currency.
For instance, it withdrew from its acquisition of NXP Semiconductors (NXPI) and fended off its acquisition by Broadcom. Although these actions removed uncertainty from Qualcomm’s business, they had a negative impact on the company’s fiscal 2018 fourth-quarter earnings and guidance. In the fourth quarter of fiscal 2018, Qualcomm’s revenue fell 3.3% YoY (year-over-year) but rose 3.6% sequentially to $5.8 billion, higher than analysts’ consensus estimate of $5.5 billion and on the higher end of its guided range.
On Qualcomm’s (QCOM) fiscal 2018 fourth-quarter earnings call, CFO George Davis stated that the handset market has weakened over the last year. The company is looking to diversify its revenue streams in two ways: firstly by offering different smartphone technologies, such as RFFE (radio frequency front-end) and fingerprint scanners to increase the number of components per device, and secondly by entering adjacent markets such as connected cars. Qualcomm continues to offer its Snapdragon 800 processors for premium phones and has added Snapdragon 700 for high-end phones.
It’s not a good time to be a young newly-traded tech company. Despite a Q3 earnings report that in many ways exceeded expectations, investors have pushed Roku (NASDAQ:ROKU) stock into free fall. Since the beginning of October, ROKU stock has lost about 45% of its value.
South Korea's top financial regulator said Samsung BioLogics Co Ltd had intentionally breached accounting rules ahead of its 2016 listing, leading to a suspension in trading of the biotech firm's shares and a review of its listing status. The Financial Services Commission (FSC), which has been reviewing the matter after a complaint by an activist group and politicians that the Samsung Group arm unfairly inflated its value, also called for Samsung BioLogics' CEO to be fired. The disciplinary action is a blow to South Korea's biggest conglomerate, which is banking on biopharmaceuticals for growth and announced plans in August to invest 25 trillion won ($22 billion) in the business and in other areas such as artificial intelligence and 5G mobile technology.
The long-term growth strategy of Samsung was thrown into doubt on Wednesday after regulators in South Korea suspended trading of a key biopharmaceutical affiliate that the conglomerate hoped would power ...
A securities panel of South Korea’s Financial Services Commission said Samsung Biologics Co. deliberately overstated the value of affiliate Samsung Bioepis ahead of its IPO in 2016, which raised about $2 billion. The regulator fined Samsung Biologics 8 billion won ($7 million) and recommended the company dismiss its CEO.
A securities panel of South Korea’s Financial Services Commission said Wednesday Samsung Biologics Co. deliberately overstated the value of affiliate Samsung Bioepis ahead of its IPO in 2016, which raised about $2 billion. The regulator fined Samsung Biologics 8 billion won ($7 million) and recommended the company dismiss its CEO.
Ryan McQueeney discusses the latest news from the smartphone industry, including worries that Apple's iPhone X line is underperforming and fresh rumors emerging about Samsung's foldable touchscreen device.
Micron Technology (NASDAQ:MU) continues to be the best bargain on Wall Street, but don’t approach Micron stock unless you have a strong stomach and a long-term perspective. Micron stock shares are down almost 24% over the last three months and are failing to maintain their late-October bounce. Micron easily surpassed my own $3.30 per share target, with earnings coming in at $4.3 billion, $3.56 per share, on revenue of $8.4 billion.
SUWON, South Korea—If cars do become the next smartphone—a full-blown information and entertainment system but on wheels—Samsung Electronics Co. may have a leg up on its competitors. Samsung, the world’s largest smartphone maker, was a relative nobody in the auto industry until it announced an $8 billion deal two years ago to acquire Harman International Industries Inc., a U.S.-based automotive-technology manufacturer. Its plan is to create a “digital cockpit”—a high-tech revamp of a car’s dashboard designed for an ultra-connected vehicle, with a bank of screens from one side of the car to the other.
When Samsung unveiled its cleaner, easier-to-use One UI, it initially promised a beta for Galaxy S9 and Note 9 owners. Android Authority has learned that One UI will also be available for Samsung's 2017 flagships, the Galaxy S8 and Note 8. You might get Android Pie on other hardware, but the interface overhaul could be reserved for higher-end handsets.
The name, price and release date of Samsung's mysterious foldable smartphone have finally been revealed, according to a South Korean news agency. Samsung teased the device at its annual developer conference last week, saying it will serve as the "foundation of the smartphone of tomorrow" – though few details about the phone were actually revealed. The Galaxy F will be unveiled alongside the Galaxy S10 smartphone at Mobile World Congress in February, it reported, citing industry sources.
Intel (INTC) has replaced Qualcomm (QCOM) as Apple’s supplier of the modem chips used in iPhones. The latest iPhones, which were unveiled in September, use Intel’s modem or wireless chips. Intel’s filling Qualcomm’s shoes at Apple resulted in its modems business growing 131% YoY (year-over-year) in the third quarter.
Less than a week since Samsung unveiled its "Infinity Flex" display for its upcoming bendy smartphone, a new report from South Korea claims to know the name, price and release date of the device. The Yonhap News Agency's industry sources suggest the phone will be dubbed the "Galaxy F" -- a name that's been floated about before, along with "Galaxy X" -- and will debut in March, around a month after a 5G-enabled S10. Samsung, however, is keeping quiet this far ahead of launch.
Shares in Samsung BioLogics Co Ltd plunged on Monday amid concerns about its accounting practices ahead of a meeting of regulators this week to review whether it has violated rules which could lead to its delisting. The biotech drug arm of Samsung Group, South Korea's biggest family-run conglomerate, fell 16 percent by 0425 GMT, wiping 3.9 trillion won ($3.5 billion) off its market value after South Korean media reported that regulators were expected to reach a conclusion about the case at a meeting on Wednesday. An official at South Korea's top corporate watchdog, the Financial Services Commission (FSC), could not confirm the reports.
Koh, president of Samsung’s mobile communication business, told reporters after the event that he would launch the device in the first half “no matter what,” Yonhap reported on Sunday. A new version of the foldable phone will be unveiled every year like Samsung’s flagship phones, such as the Galaxy S9. The company may raise the production volume of its foldable devices depending on market reception, Koh was quoted as saying.
Meanwhile, it left observers to make educated guesses regarding some key details about Samsung's plans to commercialize foldable phones, and to purely speculate about others. Throw in the fact that some of the details that were shared suggest that Samsung's first foldable phone is more likely to be a niche product than a blockbuster hit, and one shouldn't count on the phone upending the industry in 2019 -- even if its underlying technology clearly has a lot of long-term potential. With the lights dimmed to avoid revealing too much, Samsung exec Justin Denison briefly showed off a prototype foldable phone on Wednesday at his company's annual mobile developer conference.
Samsung's recent foldable phone reveal was the smartphone industry equivalent of a teaser trailer. Meanwhile, it left observers to make educated guesses regarding some key details about Samsung's plans to commercialize foldable phones, and to purely speculate about others. Throw in the fact that some of the details that were shared suggest that Samsung's first foldable phone is more likely to be a niche product than a blockbuster hit, and one shouldn't count on the phone upending the industry in 2019 -- even if its underlying technology clearly has a lot of long-term potential.
A phone that can open up to become a 7.3-inch tablet would be pretty handy when out and about. The prototype that Denison showed off at Samsung's Developer Conference looked as bulky as a Nokia Communicator, anathema to users who love their svelte Galaxy S8s and S9s. At a guess, 4,000mAh is the smallest battery the phone could use, giving it parity with Samsung's other 7-inch tablets.
FT subscribers can click here to receive FirstFT every day by email. “At your request, I am submitting my resignation.” Donald Trump has forced out his attorney-general just a day after the midterm elections. ...
The CEO of 1HUDDLE Sam Caucci joins Yahoo Finance's Julie Hyman and Adam Shapiro, along with Tom Lee, head of research and co-founder of Fundstrat Global Advisors, to discuss their new job training app.
During the 2018 Developer Conference, Samsung announced that it's releasing a smartphone that folds in half. Yahoo Finance’s Dan Roberts, Myles Udland, and Melody Hahm speculate the future of technology.