Apple has announced financial results for the fourth quarter of its 2014 financial year, which ended on 27th September.
Quarterly revenue was up 12% year-on-year to $42.1 billion (£26 billion), while net profit was up to $8.5 billion.
There’ll be more than 100 million ‘smart watches’ in use by 2019, according to Juniper Research.
It says new product launches by premium brands in the 12-18 months are expected to boost awareness of wearable technology.
UK-based communications provider Daisy Group plc has agreed a £494 million takeover bid by a consortium that consists of Toscafund Asset Management, Penta Capital and CEO Matthew Riley. Toscafund and Mr Riley already had substantial shareholdings in the company.
Daisy Group has acquired more than 20 companies since being listed on the stock exchange in 2009.
No more webOS backup, restore or lost password recovery from January 2015
HP says it’s ending support for the webOS cloud services platform from 15th January 2015. This means that anyone with a webOS-based smartphone or tablet won’t be able to set up, backup, restore, recover passwords or download apps via the webOS service.
However, any devices already set up will continue to work.
Samsung Electronics has announced two milestones in the development of 5G mobile technology.
It’s achieved 7.5Gbps (940MB per second) in a stationary environment and 1.2Gbps (150MB/second) from a vehicle travelling at over 60mph. Both are thought to be industry firsts.