Nokia Corporation (NYSE:NOK) goes tough on Microsoft (GDPInsider)
Microsoft Corporation (NASDAQ:MSFT) has been snail-paced with providing updates for Windows phone and Nokia Corporation (ADR) (NYSE:NOK) has probably reached the end of the line with its patience. The company very openly criticized Microsoft Corporation (NASDAQ:MSFT) for its lackadaisical attitude with pushing apps and updates. NOK has been launching new handset models as well as updated versions of its apps and services. Microsoft Corporation (NASDAQ:MSFT) on the other hand had come under flak on numerous occasions, for not being up-to-the-mark when it comes to upping its mobile OS functionality to level it out with iOS and Android. To date, techies as well as Nokia Corporation (ADR) (NYSE:NOK) fans had been censuring Microsoft Corporation (NASDAQ:MSFT) for cold shouldering the Windows Phone 8 platform…
iPhone market share slips to 13.1 percent (BizJournals)
Competition in the highly fragmented smartphone market continued to grow in the most recent quarter, with Apple Inc. (NASDAQ:AAPL) shipping more iPhones than ever—while simultaneously seeing its share of the global smartphone market fall more than 3 percent. Two reports out Thursday—from analysts at IDC and Strategy Analytics—paint similar pictures: More people are buying smartphones than ever before, in a marketplace glutted with choice. Smartphone newcomers LG, Lenovo and ZTE all saw year-over-year gains in global market share, at the expense of Samsung and Apple Inc. (NASDAQ:AAPL).
Yahoo And Google Are Both Spending Big Money On Acquisition Sprees And What That Says About Their Futures (TechCrunch)
These days it seems as if a startup so much as glances in Marissa Mayer’s direction, it can expect a bid within 24 hours. There’s been a lot of buzz about Yahoo! Inc. (NASDAQ:YHOO)’s new role as an acquisition hound of late, and Mayer’s attempts to turn the beleaguered giant into a mobile-first company and energize its ranks with young, acqui-hired talent. But Yahoo! Inc. (NASDAQ:YHOO) isn’t alone in its pursuit of “serial acquirer” status. Highlighted by its blockbuster acquisition of Waze last month, Google Inc (NASDAQ:GOOG) has quietly snapped up a cadre of companies as well — and has spent a pretty penny doing it. In its “10-Q” filing with the SEC on Thursday, Google Inc (NASDAQ:GOOG) revealed that it spent $1.3 billion on acquisitions during the first half of 2013, with $966 million of that total going to Waze.
Microsoft Corp. Given “Buy” Rating at TheStreet (MSFT) (Zolmax)
TheStreet reaffirmed their buy rating on shares of Microsoft Corporation (NASDAQ:MSFT) in a research note issued to investors on Thursday, AnalystRatingsNetwork reports. “Microsoft Corporation (NASDAQ:MSFT) has been reiterated by TheStreet Ratings as a buy with a ratings score of A-. The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, attractive valuation levels and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow.,” TheStreet’s analyst wrote.
