According to Gartner’s second-quarter analysis of worldwide mobile device sales, sales of mobile devices fell 2.3% over the year to 419 million units. 37% of mobile devices sold last quarter were smartphones. Gartner estimates that smartphone sales grew 43% over the year to 154 million units driven by strong performances by both Apple and Samsung.
The China Internet Network Information Center estimates that the number of people online in China grew 11% over the year to 538 million in July. Mobile Internet users are also on the rise. iResearch estimates that smartphone sales in China will grow 56% this year to 113 million units. Also in July, the number of
A recent IDC report estimates that worldwide PC market will grow a mere 0.9% this year to 367 million units. This is the second consecutive year of poor growth, and it is attributed to the slowing down of emerging markets and volume declines in mature markets. IDC research suggests that consumers are waiting to evaluate
Several social media stocks that went public last year are dealing with stock lock-up expiration periods this year. Not only are leaders like Facebook witnessing strong declines following the expiration period, but other players haven’t been spared, either. Online review site Angie’s List saw its stock price fall significantly the day the lock-ups expired. Add
According to an IDC report, the solid state drive (SSD) market is expected to see strong growth in the coming years. Worldwide SSD shipments are projected to grow at an annual rate of 51.5% over the period 2010 to 2015. Gartner expects the enterprise flash market to be worth $4.5 billion by 2015. Memory player
Much of the market may still be following the rise and fall of several social media stocks. There are, however, several other interesting stories and business cases of how traditional retailers have used the Internet successfully to make it big in the connected world. For instance, players like Blue Nile have hurt brick and mortar
According to Gartner, during the first quarter of 2012, worldwide sales of mobile phones to end users fell 2% over the year to 419.1 million units. The decline was attributed to slow demand in the Asia-Pacific region. Nokia lost its market leadership position, which it had held since 1998, and paved the way for Samsung
According to Intuit’s Small Business Employment Index, small and medium businesses (SMBs) in the country are witnessing weak growth in employment and compensation rates. The July Index showed that employment within SMBs grew 0.17% in the month, while average monthly compensation grew 0.3%. Revenues for SMBs have fallen 0.5% over the previous month, indicating that