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Google wants to punish “overly optimized” sites

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Apple’s plans for $100B cash reserve

  Apple Announces Plans to Initiate Dividend and Share Repurchase Program Expects to Spend $45 Billion Over Three Years CUPERTINO, Calif.–(BUSINESS WIRE)–Apple® today announced plans to initiate a dividend and share repurchase program commencing later this year. “Even with these investments, we can maintain a war chest for strategic opportunities and have plenty of cash …

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Apple to announce plan for $98B cash balance Monday morning

Apple is holding a conference call bright and early Monday morning to announce plans for its large cash balance. The company is sitting on around $98 billion in cash, and investors are getting increasingly antsy and clamoring for a dividend or share buyout. Tim Cook and Apple’s chief financial officer Peter Oppenheimer will be hosting …

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One third of all smartphones sold in Q4 had 4G connectivity

Smartphones with 4G connectivity grew from 6% in the fourth quarter of 2010 to 35% in the fourth quarter of 2011, according to a report from The NPD Group. HSPA+ “4G” accounted for 22% sales, however, leaving LTE and WiMAX technologies with a much less impressive share of the smartphone market. Older HSPA+ technology was …

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The iPad could be the future of gaming

  With Friday’s release of the new iPad, Epic Games president Mike Capps has offered a huge amount of praise for Apple’s new tablet in the context of video games. “Apple is definitely building their devices as if they care a lot about ‘triple-A’ games,” said Capps, in an interview with Reuters. Only the highest-quality …

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Apple forced to cut profit margins with new iPad

  In an effort to keep the iPad’s price the same, Apple may have had to cut profit margins compared to previous models, The Wall Street Journal reported. UBM TechInsights on Thursday estimated the company’s newest iPad cost about $310 to manufacture the 16GB, 4G LTE model, which retails for $629. Based on those estimates, …

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56% of U.S. households own a current video game console

  Over the last year, the total time spent playing video games increased 7% and purchases of digital content and subscriptions rose 8% according to a study from Nielsen. Over half of all households, 56%, owned at least one current-generation gaming console as of January 2012, an increase from 50% in 2011. Mobile, handheld and …

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More than 100 million smartphone users now in U.S.

Market research firm comScore on Tuesday released the results of a three-month study on the U.S. mobile phone industry. Android and iOS continued to grow between November and January, gaining 2.3% and 1.4% respectively. Google’s mobile platform topped the charts with a total market share of 48.6%, while Apple managed to capture a 29.5% share. …

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NFC mobile payments to hit $74B by 2015