Apple Amps Up Retail Presence in China and 4 Tech Titans on the Move
Facebook, Inc. (NASDAQ:FB) joined forces with 12 top Internet security companies in order to assist in ensuring the safety of over 900 million users by offering them free trials of products like Norton Antivirus, Microsoft Security Essentials, and McAfee Mobile Security.
Apple Inc. (NASDAQ:AAPL) has increased its retail presence in China. In a media preview today, which was attended by an editor from The Next Web, Apple Senior Vice President John Browett harped on a new store expected to open its doors in Beijing. The store will be the third Apple store in Beijing and the largest in Asia. The new store is to be on Wangfujing street, which is one of the most famous shopping areas in Beijing. Browett bragged on the location, claiming that it’s the best store the company has ever built in Asia, TNW reports. The Wangfujing store is to have over 300 employees.
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Google Inc. (NASDAQ:GOOG) may consider a limited preview for its latest cloud-based email product, named Alto. This is designed to be used with existing email accounts, including Gmail, Yahoo! Mail (NASDAQ:YHOO), AOL Mail, Apple’s (NASDAQ:AAPL) .Mac and .me accounts, and the new email platform recreates the email experience as it focuses on reducing inbox fatigue. Alto also uses organizational features that create an elegant, clear user experience giving visual relief to users from inboxes that overloaded with a constant flow of daily deals, newsletters, social notifications, etc. Alto is intended to give the users more control of their email experience.
Microsoft Corporation (NASDAQ:MSFT) and Google are set to being their closely watched Q3 technology earnings season after stock market close today. These results have continued to be anticipated because they will reveal how technology spending, on personal computers regarding Microsoft and online ads with Google, is doing heading into Q4. The timing is particularly critical for Microsoft, as it is prepared to reveal one of its more aggressive slates of its new products in years. This is to include Windows 8 and its most recent iteration of its smartphone operating system named Windows Phone.
Intel Corporation (NASDAQ:INTC) performance currently is very vulnerable to any adverse development in the global PC market. The hard disk drive shortage affected the PC market last year, and it has been slowed more due to macro headwinds, cannibalization threat from tablets, and the anticipated Windows 8 operating system launch. It cut its 2012 revenue estimate by $1 billion last month, and the company’s Q3 2012 earnings of $13.5 billion has been expected by many. Intel reported a net income reaching $3 billion, and it generated nearly to $5.1 billion in cash from operations in Q3 2012. As the PC group revealed a 8 percent year over year drop, the data center group seems positive with a 6 percent year over year increase.
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