On Thursday, in the course of current trade, Shares of Apple Inc. (NASDAQ:AAPL), dropped -2.40%, and is now trading at $125.56.
According to Bloomberg, Japan Post Holdings Co., the state-owned financial and postal giant, is enlisting IBM’s data-analytics technology and Apple Inc.’s devices for a program to improve care of elderly people in the aging nation.
Taizo Nishimuro, Japan Post’s chief executive officer, made the declarement at International Business Machines Corp.’s Watson headquarters, seated alongside IBM CEO Ginni Rometty and Apple CEO Tim Cook.
IBM and Apple set aside a rivalry last July that’s about as old as the personal-computer era to develop applications for businesses. For IBM, the aim is to boost sales for mobile software and services, while demand for older offerings is tumbling. Apple is trying to stanch falling shipments for the iPad.
On other hand, Samsung jumps ahead of Apple again by volume in smartphone sales.
The Korean smartphone company shipped more than 80 million phones in the first quarter, while Apple’s shipments totaled 61 million, according to numbers out from Strategy Analytics.
Samsung shipped 83.2 million smartphones worldwide, capturing 24 percent of the market share in the quarter, down from 31 percent a year earlier. Apple captured 18 percent of the market during the quarter.
Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications.
During an Afternoon trade, Shares of Nokia Corporation (NYSE:NOK), dipped -11.21%, and is now trading at $6.65, hitting its lowest level, as investors are disappointed with the Finnish company’s first quarter profit at its mainstay network business unit. .
Nokia’s network business’ underlying operating profit for the first quarter declined by 61% to 85 million euros from 216 million euros, although the segment’s revenue for the most recent quarter grew by 15%.
The company said its “unsatisfactory” profitability was due to rising expenses and more revenue from lower-margin hardware sales rather than that of more lucrative software deals,” Nokia CEO Rajeev Suri said on a call. the Wall Street Journal Reports.
Nokia’s overall financial results for the 2015 first quarter were 177 million euros, or 0.05 euros a share, on net sales of 3.2 billion euros. These figures raised when contrast to the same period last year.
Additionally, Nokia’s plan to acquire the French telecom’s equipment company Alcatel-Lucent has been criticized as “unacceptable” by Alcatel-Lucent’s second largest shareholder.
Nokia Corporation, together with its auxiliaries, provides network infrastructure and related services in Finland, the United States, Japan, China, India, the Russian Federation, Germany, Taiwan, Indonesia, Italy, and internationally.
Shares of Microsoft Corporation (NASDAQ:MSFT), during its Thursday’s current trading session gained -0.18%, and is now trading at $49.15.
Microsoft Corporation, on Wednesday declared new features in Windows 10 and unveiled a set of software development kits (SDKs) to assist developers bring their code for the Web, .NET, Win32, Android and iOS to Windows 10. At the company’s annual Build developer conference, Microsoft also declared new Microsoft Azure data services for intelligent applications; Visual Studio and .NET tools and runtimes for Windows, Mac and Linux; and APIs that enable developers to build rich apps with Office 365.
“Microsoft has bold ambitions for platforms that empower developers across Windows, Azure and Office,” said Satya Nadella, CEO of Microsoft. “Together, we will create more personal and more intelligent experiences that empower billions of people to achieve more.”
Microsoft Corporation develops, licenses, markets, and supports software, services, and devices worldwide. The company’s Devices and Consumer (D&C) Licensing segment licenses Windows operating system and related software; Microsoft Office for consumers; and Windows Phone operating system.
Finally, Yelp Inc. (NYSE:YELP), lost -23.27% Thursday, hitting its lowest level.
Yelp, declared financial results for the first quarter ended March 31, 2015.
- Net revenue was $118.5 million in the first quarter of 2015 reflecting 55% growth over the first quarter of 2014.
- Adjusted EBITDA for the first quarter of 2015 was $16.3 million, reflecting a 92% enhance over the first quarter of 2014.
- Cumulative reviews grew 36% year over year to about 77 million, counting a record 6 million reviews contributed in the quarter.
- Average monthly mobile unique visitors grew 29% year over year to about 79 million and average monthly desktop unique visitors declined 3% year over year to about 80 million. Average monthly unique visitors (desktop and mobile web) grew 8% year over year to about 142 million.
- Local advertising accounts grew 43% year over year to about 90,2004.
- Net loss in the first quarter of 2015 was $(1.3) million, or $(0.02) per share, contrast to a net loss of $(2.6) million, or $(0.04) per share, in the first quarter of 2014.
Yelp Inc. operates a platform that connects people with local businesses in the United States. Its platform covers various local business categories, counting restaurants, shopping, beauty and fitness, arts, entertainment and events, home and local services, health, nightlife, travel and hotel, auto, and others categories.
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