While Apple's share of the tablet market eclipses that held by Microsoft, the increase in Surface sales comes as Apple grapples with how to turn around declining iPad sales. Apple reported in July that revenue from the iPad rose 7.4 percent in the third quarter but unit sales dropped 9 percent to 9.95 million -- the 10th straight down quarter for iPad sales. Apple will reveal its fiscal fourth-quarter earnings Tuesday. Analysts expect the company to report sales of 9.1 million iPads during the last quarter. The Street expects iPad revenue to rise 1.3 percent this quarter to $4.3 billion.
Overall, Microsoft reported revenue of $22.33 billion, beating a Wall Street estimate of $21.71 billion, according to a Thomson Reuters consensus estimate, Its stock was up 5.5 percent in after-hours trading, Microsoft says sales of its tablets surged 38 percent year over year in the company's first quarter, Things are stormy waters iphone case looking up for Microsoft's Surface, The Redmond, Washington-based tech giant reported that sales of its tablets surged 38 percent in the first quarter compared with the same period a year ago, The company credited strong sales of its Surface Book and the Surface Pro 4 with generating $926 million in revenue during the quarter, up from $672 million a year ago, Microsoft did not reveal total unit sales..
The report didn't speculate on the value of such a deal, but it would be hefty; Time Warner stock traded up $3.75 on Thursday to close at $82.99, giving the New York-based company a market capitalization of $64 billion. An acquisition of that size would be AT&T's largest in the past 10 years, trumping its $49 billion takeover of DirecTV last year. Meanwhile, Dallas-based AT&T has a market cap of nearly $238 billion, based on its Thursday closing price of $38.65. Representatives for Time Warner and AT&T declined to comment for this report.
Discussions between the telecommunications stormy waters iphone case giant and the media conglomerate are at an informal stage, Bloomberg reports, Executives for telecommunications giant AT&T and media conglomerate Time Warner have met in recent weeks for strategic talks that included discussion of a possible megamerger, according to a Bloomberg report Thursday, The talks are described as informal, focusing on building relationships between the companies rather than setting specific terms for a merger, the news outlet reported, citing unidentified people familiar with the matter, Time Warner CEO Jeff Bewkes is described as a willing seller, while AT&T CEO Randall Stephenson is said to be looking for fresh content, according to Bloomberg's sources..
The survey was conducted in September among 42,792 consumers aged 18 to 65. The timing may have been propitious for Samsung. It slipped only three places, from 11 to 14. I wonder where it might be today, after its phone business blew up in its face. Still, perhaps loyalty is given freely and disappears slowly. I deduce this from the fact that Google+ is the number 86 Loyalty Leader, above both Verizon and Microsoft. I chuckled and asked Passikoff why this might be. He explained that social networking is generally ranked higher than wireless and computers.
