Technology company Qualcomm Incorporated has announced results for the fourth quarter of its financial year, along with full-year results.
Quarterly revenue was up 18% year-on-year to $4.87 billion, while net income was up 20% year-on-year to $1.27 billion. For the full financial year, revenue was $19.12 billion (up 28%) and net income was $6.11 billion (up 43%).
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New figures from Strategy Analytics show that the Samsung Galaxy SIII overtook Apple’s iPhone 4S in the last three months to become the world’s best-selling smartphone, knocking the iPhone off the number 1 position.
However, the company also says the Galaxy SIII’s lead is unlikely to last for long, with the new iPhone 5 predicted to out-ship the Galaxy SIII in the current quarter.
Research In Motion says its forthcoming BlackBerry 10 platform has received FIPS 140-2 certification, which means it meets security standards demanded by government departments in the USA and Canada. As a result, government agencies will be able to use BlackBerry 10 smartphones as soon as they’re launched.
This is the first time that BlackBerry products have been FIPS-certified before going on sale.
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MasterCard and the ING banking group have announced a mobile payment trial in the Netherlands.
It’s designed to let customers pay for online purchases using their mobile phone even if they’re not doing their internet browsing on the phone.
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UK mobile phone retailer Fonehouse has appointed Simon Douglas to the new role of CEO, while Managing Director Clive Bayley is moving to become group chairman.
Mr Douglas was previously MD of Virgin Megastores and oversaw the management buy-out that transformed the company into Zavvi 5 years ago.
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