H-P and This Dow Tech Goliath Making BIG Headlines
Hewlett-Packard Company (NYSE:HPQ) and its competitor Dell (NASDAQ:DELL) are feeling the pressure from China’s Lenovo Group (LNVGY), which has advantages in its own country and impressive market shares in the top emerging economies, from which it intends to generate profits, according to Reuters.
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Microsoft Corporation (NASDAQ:MSFT): More that 80 percent of smartphones shipped in the first quarter were powered by the Android (NASDAQ:GOOG) and iOS (NASDAQ:AAPL), says the International Data Corporation. 152.3 million smartphones were shipped during the period, with Android maintaining 59 percent of the mobile operating systems (first quarter shipments: 89.9 million units), and 23 percent for iOS (shipments: 35.1 million), whereas in the same quarter a year ago the systems held a combined share of 54 percent. This increase effectively separates the two firms from the previous leaders of the market, Symbian (NYSE:NOK) and BlackBerry (NASDAQ:RIMM), and alsoLinux and Windows Phone 7/Windows Mobile. For the quarter, Android’s shipments rose 145 percent year-to-year, and iPhone up 88.7 percent. At the same time, shipments of smartphones powered by Symbian fell by 60.6 percent to 10.4 million units, and BlackBerry shipments decreased 29.7 percent to 9.7 million.
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