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Amazon.com announces quarterly figures as Kindle Fire becomes best-selling Android tablet

Amazon.com has announced financial results for the first quarter of its current financial year. Net sales were up 34% year-on-year to $13.18 billion, although net income was down by 35% to $130 million.

The next quarter is expected to see a similar pattern as sales increase but profits fall.

Author: The Fonecast
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Samsung becomes the world's largest mobile phone manufacturer

Research from Strategy Analytics shows that global handset shipments increased by 3% in the first quarter of this year to 368 million units.

Samsung overtook Nokia, becoming the world’s number one handset supplier for the first time ever.

Author: The Fonecast
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MEF launches App Privacy Initiative to reassure consumers

MEF, the global trade association for mobile content and commerce, has officially launched its 'Privacy in Mobile Applications' Initiative.

It’s aiming to help the mobile industry build consumer trust around mobile applications that collect user data.

Author: The Fonecast
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Profits increase at Samsung

Samsung’s results for Q1 2012 have revealed the company’s highest quarterly profit for several years.

Net profit was 5.05 trillion won, up 81% year-on-year, while overall revenue increased by 22% to 45.27 trillion won.

Author: The Fonecast
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Big headlines for Three UK... but no big changes

Mark Bridge writes:

The headlines sound pretty dramatic. “Three exits business market”. “Three parts company with Phones 4u”. It sounds like the 3G network operator is cutting back and reorganising. But let's look a little closer.

Author: The Fonecast
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