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We present the latest IT news and tips, and information about our IT courses. Brought to you by Dr. Daniel Wong and Mr. Jude How
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Archive for April 26th, 2012

SAN FRANCISCO: Apple Inc‘s quarterly profit almost doubled after a jump in iPhone sales, particularly for the greater China region, blowing past Wall Street expectations and soothing fears the device was past its best days for sharp growth.

Shares in Apple, the world’s most valuable technology company, shot up 8% in after-hours trade, after falling as much as 13% from a record high of US$644 in the past two weeks.

Read more HERE

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Number of the day

8.9%

That’s how much Apple shares jumped Wednesday after the Cupertino company – once again – reported blowout earnings. Quarterly profit almost doubled to $11.6 billion, and revenue rose 59 percent. Demand from Chinese consumers helped Apple sell 35.1 million iPhones last quarter, more than predicted, and China now generates 20 percent of sales, up from 12 percent last year. CEO Tim Cook said there will be “a lot more opportunity” in China as he introduces the iPad and expands operations there.

Hear here

“The crash is over.”

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SAN FRANCISCO — People in China are not only making coveted Apple gadgets, they are snapping them up as the booming nation becomes a top market for the trend-setting California company.

Aftershocks of blockbuster Apple earnings powered by demand for iPhones in China echoed in rising stock markets on Wednesday.

Demand was “mind-boggling” in China, where revenue for the quarter was a record-high $7.9 billion, according to Apple chief executive Tim Cook. Read more HERE

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Sales of Apple iPhones and iPads in greater China are skyrocketing, with five times as many iPhones sold in the latest quarter as a year earlier. How far will China take Apple? The WSJ’s Deborah Kan speaks to Dow Jones’ Yun-Hee Kim.

Not long ago, Asia Pacific was all but a footnote in the financial statements of technology juggernaut Apple Inc. AAPL +8.87% But no more.

Read more HERE

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People imagine that Google keeps trying to pull weird privacy stunts and confiscate your content or reveal private information. I’ve always taken Google’s side on these matters, assuming that the company means well, but is naïve. After all, it always apologizes after an incident. It seems sincere to me.

Google recently launched its Google Drive cloud service and although I haven’t yet fully dissected its omnibus terms of service and privacy policy, they seem quite vague and insinuate evil-doing afoot if you want them to. An excerpt from the “Your Content in our Services” section reads:

Read more HERE

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Andy Rubin and David Boies

Google’s Android chief Andy Rubin is questioned by Oracle lawyer David Boies during the trial over smartphone technology. Photograph: Reuters

Google projected back in October 2010 it would get more than 35% of its 2013 revenue from outside its search operation, anticipating three non-search businesses, including e-commerce, would generate over $5bn each, according to internal company documents filed in court.

Display advertising would generate $8bn in revenue in 2013, e-commerce would bring in $5bn, while YouTube and Google TV would combine for $5bn, according to documents revealed during the high-stakes trial of Oracle Corp against Google over smartphone technology. Search, meanwhile, had been pegged to generate $34bn, the 2010 projections say, giving a forecast total revenue of $52bn for 2013.

Read more HERE

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Apple CEO Tim Cook announces the new iPad in San Francisco in March. Cook is revealing a confident and eloquent side as he starts to emerge from the shadow of Steve Jobs.Apple CEO Tim Cook announces the new iPad in San Francisco in March. Cook is revealing a confident and eloquent side as he starts to emerge from the shadow of Steve Jobs.

Apple CEO Tim Cook has long been seen as the humourless and unemotional guy running the show from behind the scenes. But he is beginning to reveal a more assertive and eloquent side, hinting that he’s learning to shoulder more of Steve Jobs’ role as a front man and leader.

Read more HERE

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