Editor’s Note: Related tickers: Apple Inc. (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), BlackBerry Ltd (NASDAQ:BBRY), Google Inc (NASDAQ:GOOG), COMSCORE, Inc. (NASDAQ:SCOR), Oracle Corporation (NASDAQ:ORCL), LinkedIn Corp (NYSE:LNKD)
Apple on hiring spree in China, report says (CNet)
Apple Inc. (NASDAQ:AAPL) is ramping up its China employee base, according to a new report. Apple Inc. (NASDAQ:AAPL) has posted more than 200 openings on China’s LinkedIn Corp (NYSE:LNKD) site, looking for a wide range of disciplines, the Wall Street Journal’s Digits blog reported on Friday. Apple Inc. (NASDAQ:AAPL) is specifically looking for people in environmental affairs, security, and retail, according to Digits. Over the last several years, Apple Inc. (NASDAQ:AAPL) has been hit hard with complaints by environmental activists who claim production of its devices in China-based manufacturing facilities, including those owned by Foxconn, harms the environment. Apple Inc. (NASDAQ:AAPL) has made strides in improving the environmental-friendliness of its products and the practices of its manufacturing partners. The company provides continued updates on its efforts in those areas.
It has been well documented that Android has captured about 80% of the smartphone market while Apple Inc. (NASDAQ:AAPL) +0.73%’s share has dropped to 14% per Gartner’s June quarter survey down from 21% in the December quarter and 18% in the March quarter. Microsoft Corporation (NASDAQ:MSFT) +0.3%’s Windows came in third place for the first time displacing BlackBerry Ltd (NASDAQ:BBRY). (Note that my family and I own Apple Inc. (NASDAQ:AAPL) shares). I have created a Google Inc (NASDAQ:GOOG) -0.01% Doc with this link to fairly detailed historical data from COMSCORE, Inc. (NASDAQ:SCOR) +0.96%, Gartner, IDC, Kantar and Strategy Analytics. Android smartphones have grown their share from 51% in the December 2011 quarter to 79% in June while Apple Inc. (NASDAQ:AAPL) has fallen from 24% to 14%.
Why Apple’s CEO May Want to Think Twice About a Buyback (Bloomberg)
Bigger stock buybacks like the one Carl Icahn is urging Apple Inc. (NASDAQ:AAPL) Chief Executive Officer Tim Cook to adopt don’t always have the desired effect. Technology companies have a poor record of producing returns through share-repurchase programs, according to research by Bloomberg Industries. The cost of the buybacks rarely is matched by corresponding increases in market value, an analysis of six U.S. technology companies with buybacks found. …Apple Inc. (NASDAQ:AAPL)’s profit growth has stalled without the introduction of a new product. Net income fell 22 percent last quarter and 18 percent in the three-month period before that.
Apple Inc. (AAPL) In Trouble Without Steve Jobs? (ETFDailyNews)
Oracle Corporation (NASDAQ:ORCL)’s co-founder and CEO Larry Ellison says Apple Inc. (NASDAQ:AAPL) will always be in trouble without Steve Jobs. His proof? Apple Inc. (NASDAQ:AAPL) was in trouble when Steve Jobs wasn’t around in the 1990s. We ask that of Talking Numbers contributors Enis Taner, Global Macro Editor at RiskReversal.com, and Richard Ross, Global Technical Strategist at Auerbach Grayson. They look at Apple Inc. (NASDAQ:AAPL)’s fundamentals and technicals respectively to determine if there’s something to what Ellison said. Is Ellison right? Watch Taner and Ross analyze Apple Inc. (NASDAQ:AAPL) in the video above and decide.
Xiaomi CEO: Don’t call us China’s Apple (NDTV)
Two years after its high-quality, budget smartphone won over millions of Chinese fans, domestic tech firm Xiaomi Tech wants to make more money from online shopping and games than it does from selling its handsets. Xiaomi is better known globally as China’s answer to Apple Inc. (NASDAQ:AAPL), an image that billionaire Lei Jun has fostered since he founded the company in 2011 by dressing in the black tops, jeans and sneakers favoured by the late Steve Jobs. Lei has since expanded his wardrobe options and Xiaomi sold more smartphones than Apple Inc. (NASDAQ:AAPL) in the second quarter in China, the world’s biggest smartphone market, according to the latest data from IT industry consultancy Canalys.
Bobbing for Apple reviews (CNBC)
