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Press Releases from Howardjamesonline (5 total)

Samsung sells 5 million Galaxy S8, S8 Plus units

In recent news this week Samsung Electronics has sold 5 million Galaxy S8 and S8 Plus handsets globally so far, the company said on Tuesday. The figure comes less than a month after the South Korean tech giant began the global launch, starting with South Korea, the US, and Canada on April 21, and in the UK, France, Germany, and Italy a week afterwards. Pre-orders previously exceeded 1 million in South

Apple just got its most bullish forecast yet: Worth $1 trillion in a year

After reporting mixed earnings last week, Apple was given a $202 price target, its highest to date, by one analyst on Monday. With the expected release of the iPhone 8 this fall, Apple is only in the "early stages" of unlocking upside potential for investors, Drexel Hamilton's Brian White wrote in a note to clients Monday. "We believe Apple remains among the most underappreciated stocks in the world," White said. The analyst raised

Nokia plans to sell its undersea cables division

Finland's Nokia plans to sell its undersea cables unit, a business that underpins the global Internet, two union sources and a French government source told Reuters. The division, valued at about 800 million euros ($870 million), is one of the top suppliers of undersea cable networks in the world and was bought by the telecom equipment maker last year as part its 15.6 billion euro ($17 billion) acquisition of French rival

AMD’s stock plunges to biggest loss in over 12 years

In recent news this week shares of Advanced Micro Devices Inc. plunged on heavy volume Tuesday, to suffer their worst day in over 12 years, as the chipmaker’s results didn’t live up to analysts’ high hopes. The company reported late Monday first-quarter results that were mostly in line with expectations, but analysts expressed concern over the margin outlook. With the stock more than tripling over the past year, Wall Street had

Canon raises annual profit outlook on Toshiba medical unit acquisition

Japan's Canon Inc on Wednesday lifted its full-year operating profit forecast after reporting strong first-quarter results on the back of earnings from a medical equipment unit it bought from Toshiba Corp last year. The camera and printer maker forecast profit of 270 billion yen ($2.43 billion), up from 255 billion yen estimated in January. It reported profit of 228.9 billion in the previous twelve months. The upbeat outlook suggests Canon's strategy to

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