. Medical and Hospital News .




.
TECH SPACE
Tablets to push US electronic sales above $200 bn
by Staff Writers
Washington (AFP) July 24, 2012


US consumer electronic sales are expected to top $200 billion for the first time this year, propelled by strong growth in tablet computers, an industry group said Tuesday

The semiannual forecast released by the Consumer Electronics Association showed an estimated 5.9 percent growth in US sales this year, two points higher than previously projected in January.

The forecast said industry sales will surpass $206 billion this year, the first time revenues in the United States are expected to top the $200 billion mark.

Sales growth is projected to continue into 2013, when industry revenues will likely grow 4.5 percent to $215.8 billion, the group said.

The industry "is offering what consumers want during these uncertain economic times: innovation and value," said association president and chief executive Gary Shapiro.

"Consumers' desire for connected devices is pushing projected revenues higher than originally anticipated, but the long-term health of our industry relies on a strong and growing US economy."

Sales of mobile connected devices, led by tablets, are a key factor in the growth outlook. The association said tablet sales would hit $29.1 billion for the year, $10.8 billion more than forecasted in January.

The association is forecasting 83 percent sales growth year-over-year in tablets and total unit sales of 68.5 million.

"Tablets are the fastest-growing product category in the history of the CE industry, and sales will continue to increase as more products hit the market, offering consumers more choices in size, price, operating systems and app ecosystems," said Steve Koenig, the association's director of industry analysis.

Smartphone unit sales are expected to grow 24 percent to 108 million units, accounting for revenue of $33.7 billion in 2012.

The group forecasts a modest increase in laptop sales to 21.3 million units and revenues of $14.9 billion.

Sales of networked-enabled TVs are projected to top 10 million, growing 56 percent in 2012, with revenue up 20 percent at $9 billion.

Related Links
Space Technology News - Applications and Research




.
.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries


Apple profit jumps to $8.8 bn, but misses forecasts
San Francisco (AFP) July 24, 2012 - Apple on Tuesday reported that quarterly profit grew to $8.8 billion on hot iPad sales but the results came up short of lofty expectations.

Apple said that its revenue hit $35 billion in the quarter ended June 30, a figure shy of Wall Street expectations despite nearly doubling iPad sales and selling 28 percent more iPhones than in the same period a year earlier.

With results below analyst forecasts, Apple shares slid 5.4 percent in after-hours trade to $568.45.

"We're thrilled with record sales of 17 million iPads in the June quarter," Apple chief Tim Cook said in a release.

"We've also just updated the entire MacBook line, will release (the computer operating syste) Mountain Lion tomorrow and will be launching (mobile operating system) iOS 6 this fall."

Cook added that the Cupertino, California-based company has "amazing new products" on the way.

Some analysts believe that the blistering pace of iPhone sales growth faces a temporary cooling as potential buyers wait for the release of a new-generation iPhone, perhaps later this year.

Apple's share of the US smartphone market was expected to inch up a percent to 31 percent this year, while the share for handsets powered by Google-backed Android software was expected to hit 41 percent, according to eMarketer.

Apple used the earnings report to declare a cash dividend of $2.65 per share of common stock.



.

. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



TECH SPACE
Researchers Almost Double Light Efficiency in LC Projectors
Raleigh NC (SPX) Jul 24, 2012
Researchers from North Carolina State University and ImagineOptix Corporation have developed new technology to convert unpolarized light into polarized light, which makes projectors that use liquid crystal (LC) technology almost twice as energy efficient. The new technology has resulted in smaller, lower cost and more efficient projectors, meaning longer battery life and significantly lower leve ... read more


TECH SPACE
Japan probes claim workers' radiation levels faked

Japan sets compensation for Fukushima evacuees

Japan firm 'told workers to lie about radiation dose'

Raytheon technology to transform commercial cargo ships into cutting-edge humanitarian aid delivery platforms

TECH SPACE
SSTL announces the launch of exactView-1

GMV Leads Satellite Navigation Project In Collaboration With The South African National Space Agency

SSTL signs contract with OHB for second batch of Galileo payloads

Phone app will navigate indoors

TECH SPACE
Kissenger: virtual lips for long-distance lovers

Oregon's Paisley Caves as old as Clovis sites - but not Clovis

Unique Neandertal arm morphology due to scraping, not spearing

Neanderthals at El Sidron, Northern Spain, had knowledge of plants' healing qualities

TECH SPACE
Search for mountain gorillas after DR Congo fighting

Asia fuels record elephant, rhino killings: WWF

Primate behavior: Chimps select smart tools, monkeys intentionally beg

Researchers publish results of an iron fertilization experiment

TECH SPACE
Researchers unveil promising TB drug cocktail

'No excuse' for not turning tide on AIDS: expert

'No excuse' for not turning tide on AIDS: expert

Scientists urge fresh push for AIDS cure

TECH SPACE
Diplomats meet Frenchman in Beijing for Bo probe

China activist gets hard labour in Tiananmen row

China's Ai Weiwei loses appeal against tax fine

Teenage Tibetan monk 'self-immolates' in China

TECH SPACE
Somali pirates release Taiwan fishing boat

ONR Sensor and Software Suite Hunts Down More Than 600 Suspect Boats

Netherlands beefs up anti-piracy forces

Incidence, types of marine piracy studied

TECH SPACE
Outside View: The coming economic collapse

China's economy to rebound in second half: IMF

China manufacturing data picks up in July: HSBC

Walker's World: The Spanish agony


Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement