After nearly three years of rumor and speculation, Dell is finally entering the smartphone market–in China and Brazil. Later this month, China Mobile and Brazil’s Claro will begin selling the company’s Mini 3, a handset designed around Google’s Android mobile OS.
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Apple’s September quarter saw, among other things, the release of Snow Leopard, the latest upgrade to its OS X operating system and the first public appearance of CEO Steve Jobs, who’d been on a medical leave of absence for a liver transplant. It was also the first full period since the company launched the iPhone 3GS in late June. No wonder it was a blowout quarter.
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“We will enter Asia with the iPhone in 2008,” Apple COO Tim Cook declared in March 2008. “And we will one day enter China, we’re not saying when.” How’s September of 2009 sound? Because China Business Network claims that China Unicom and Apple have finally inked a deal that will bring the iPhone to the country around that time.
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“We will enter Asia with the iPhone in 2008…we will one day enter China, we’re not saying when.” Apple COO Tim Cook said that back in March of 2008, and it’s a good thing he declined to offer a more specific timeline. Because here we are, well over a year later, and Apple still hasn’t managed to officially launch the iPhone to China. But it’s getting closer.
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Looks like Yahoo has found its new CFO. This afternoon, the company said Tim Morse will take charge of its finances. Morse, who has served as CFO for chip maker Altera since 2007 and spent 15 years at GE before that, will start work on June 17 and assume CFO responsibilities on July 1.
Welcome news, since Yahoo has been looking to fill the position since Blake Jorgensen said he would step down from the company last February.
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So that mysterious media tablet Apple’s rumored to be developing? It exists, but it probably won’t ship until 2010. This according to Piper Jaffray analyst Gene Munster, who offers up a heaping pile of grist for the Apple rumor mill in a new research note today.
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If the Web has a single point of failure, you’d think it was Google, given the outcry over the the outages suffered by some of the company’s services Thursday. Something went wrong at the company this morning and whatever it was had widespread effects on a broad spectrum of Google services. The source of the disruption? A system error that sent a bunch of Google Web traffic to Asia, apparently.
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If Apple is indeed preparing to offer the iPhone 3G in China in partnership with China Unicom, its sales prospects are looking pretty damn good. Bank of America analyst Scott Craig believes the company could claim as much as a fifth of the smartphone market in China when it launches the device there–and in relatively short order.
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Apple may not have yet succumbed to the economic malaise that hangs heavy over consumer tech, but it will soon. According to Goldman Sachs, anyway. This morning Goldman Sachs analyst David Bailey downgraded Apple’s stock to neutral from a buy, claiming the company will suffer when consumers continue to rein in spending next year. Worse, it won’t uncrate a magical new product category at Macworld.
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If Dell sees “further softening” in global demand for its products it’s going to need stilts to keep from sagging below water level. Shares in the company fell to their lowest point in seven years Tuesday after Dell warned of a slowdown in investment technology spending in the U.S. and abroad.
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If Orkut is the Facebook of Brazil, then Friendster is the Orkut of Asia. The company, which created the social-networking market only to forfeit it to Myspace and Facebook, is apparently doing quite well in Asia. So much so, that it’s used its success on that continent to secure some new venture funding and a CEO with a Google pedigree.
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