Sales of tablets may be booming, but according
to Thorsten Heins, CEO of Blackberry, the tablet computer is a hype of passing
nature. “In five years, I see BlackBerry to be the absolute leader in mobile
computing”, he hopes.
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According to American market research agency
IDC, 418.6 million mobile phones were sold in the first quarter of 2013 - and for the first time, more than half of those were smartphones. The long predicted transition of power seems to have
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The quarterly results electronics giant Apple
announced yesterday were better than expected, even though the company had to swallow a
drop in profit for the first time in ten years. Apple especially surprised by
announcing the buyback of fifty billion
dollar (38.5 billion euro) of its own shares between now and 2015.
Schultz, the man who has to make electronics group Darty grow again, has
started his difficult task a week earlier than expected: normally he was to start on 1 May. His first day on
the job was dominated by rumours stating that main shareholder Knight Vinke is
looking for a buyer for the ailing retailer.
The economic crisis has pushed
the quarterly profit of Dutch electronics company Philips down. Philips
announced that net profits dropped by more than 11% to 162 million euro, but it
emphasises that the financial targets for 2013 will be maintained.
Two electronics branches of German retailer Metro are merging in Switzerland: four Saturn shops will be transformed
into Media Markt, the other two will have to close, possibly costing 76 jobs.
The worldwide sales of PC’s (not including
tablets) has plummeted 13.9% in the first quarter of 2013 when compared to the
previous year. That is the biggest drop ever: the rise of smartphones and tablets
is taking its toll.
Electronics group Darty is retreating from
Spain. The parent company of Vanden Borre and BCC is closing 43 shops in the
country that was hit severely by the economic crisis. The closings will cost
the company, which will have a new CEO from 1 May, about 30 million euro.
Next Monday the first “Samsung Experience Shop”
will open at Best Buy. The American electronics chain wants 1,500 major stores to have a Samsung shop-in-shop, just
in time for the launch of the Samsung Galaxy S4, the successor to the massively
According to research agency IDC, iPad
will lose its status of market leader this year in the ever growing world of
tablets. The growing range and the cheaper prices of Android tablets are a big
problem for Apple, who are losing their aura of innovation and saw this trend coming way too late.
The founding Stiefel family sold
its last stake of 2.97% in the electronics chain Media-Saturn to
majority shareholder Metro for 230 million euros, significantly more
than the market value of its shares. The only other stakeholder now
is Erich Kellerhals, the other co-founder, with whom relations have
been far from ideal.
Rumours that Media-Saturn will be withdrawing from China are getting more
persistent. The Chinese market turns out to be a bigger challenge
than Media-Saturn's owner Metro had foreseen.
stores of Virgin Megastore have declared themselves insolvent. The
chain can no longer pay its bills and debts have risen too high. The
insolvency can either result in a reorganisation or in a forced
everywhere, rejoice! Thanks to the new miracle of the 3D-printer, soon anybody can get their hands on LP’s. Just download a template of
the internet, press “print” and presto: you have your very own
Samsung has opened a first Mobile Store in Paris, just in time for the run on Christmas gifts. The new store focuses on all mobile products, ranging from smartphones over portable computers to cameras.
While most analysts expected Philips to announce disappointing results, almost no one had thought they would be this devastating. The Dutch electronics giant suffered a net loss of 1.3 billion euro in 2011 and expects that at least the first half of 2012 will not be much better.