Apple has published financial results for the third quarter of its current financial year. It's announced record quarterly revenue of $28.57 billion (£17.7 billion) and record quarterly net profit of $7.31 billion.
In the quarter, which ended on 25th June 2011, the company sold 20.34 million iPhones (up 142% year-on-year) and 9.25 million iPads (up 183%).
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Back in March 2009, Vodafone signed an agreement with Opera Software to develop a custom version of the Opera Mini mobile web browser.
The two companies have now signed a three-year extension of their agreement, with the number of active users of the Opera Mini browser having increased by 300% year-on-year.
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Networking giant Cisco says it's cutting approximately 6,500 jobs from its businesses worldwide, which will account for around 9% of the company’s jobs. This figure includes approximately 2,100 employees who've chosen early retirement.
The move is part of the company's previously-announced plan to cut annual costs by $1 billion.
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Independent mobile advertising network InMobi has released its latest Mobile Insights Report.
As well as showing that the total number of mobile advertising impressions in Europe grew by 21% from Q1 to Q2 2011, it also revealed that the number of ads shown on Apple devices had overtaken ad impressions on Nokia devices.
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HTC has issued a statement following a judgement at the US International Trade Commission concerning its legal case with Apple.
In March 2010, Apple said HTC had infringed on ten of its patents; a judge has now ruled that HTC infringed on two patents.
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