Apple's iPhone is the company's key to grow again and catch up with the low-end smartphones' increasing sales.
Sectors
Sources say Mongolian likely to head Rio Tinto's Oyu Tolgoi
Sources said that Mongolian businessman Bold Baatar is most likely to be appointed as the head of Oyu Tolgoi when Cameron McRae exits this October.
Carl Icahn disputes Michael Dell's latest offer
Carl Icahn contested the conditions in Michael Dell's latest offer to the PC maker Dell Inc. On Monday, billionaire investor Carl Icahn and Southeastern Asset Management, an investment firm, stated that Michael Dell wanted to avoid the voting process behind the deal.
Microsoft does well where it counts - analysts
Analysts said that Microsoft's opportunity lies in the high-end market of tablets and PCs hence, it should focus there.
Microsoft makes Bing Ads available in Australia, New Zealand
Microsoft announced that it already launched Bing Ads in Australia and New Zealand. On Monday, Microsoft announced that its Bing Ads was now available in Australia and New Zealand.
Latest News
Amazon announced that it would add 7,000 new jobs in its warehouses before the US president Barack Obama's visit.
According to analysts, Microsoft's current problem is not its products but its marketing strategies.
Analysts said that the telecom operators' plan to slash subsidies would boost iPhone sales. Apple investors were reported to be worried about the telecom operators' plan to slash subsidies.
Analysts said that BlackBerry would not lose its corporate professional customers if it would focus on a healthy mix of everything and not just on its security features.
Macquarie Group's analyst, Kevin Smithen, said that BlackBerry lost the capability to boost its sales due to small customer base.
Coro Realty Advisors in a joint venture with Harbour Retail Partners acquires Rivoli Crossing. Coro Realty Advisors, LLC revealed that it had acquired Rivoli Crossing in joint venture partnership with Harbour Retail Partners.
Barclays Plc announced that they are set to raise GBP5.8 billion through rights offering. Barclay Plc said that they are planning to raise GBP5. 8 million or US$8.
Slovakia would sell 800Mhz, 1,800Mhz and 2,600Mhz bandwidths which was expected to result to a new operator in the country.
Financial regulators gives the green light to Vodafone Group Plc for its planned acquisition of Kabel Deutschland Holding AG.
