Parmy Olson's Blog, page 68

Samsung's Response To Android May Have Hit A Snag

The mighty Samsung looked in trouble today after releasing disappointing second-quarter forecasts, record numbers that nevertheless fell below most analysts' expectations. The trouble comes from selling expensive, high-margin smartphones in developed countries; at least half the population in the U.S. and Western Europe now have smartphones like the Galaxy S4 or iPhone now.

Samsung Misses As High-End Smartphones 'Hit A Wall'

Samsung's rapid growth in the high-end smartphone market may be reaching a plateau, even as the company predicted a record quarterly profit for the second quarter. Sales at its electronics division grew 20% to 57 trillion won, and the company said its second quarter operating profits would be between 9.3 and 9.7 trillion won. While that represents a 47% increase from last year, it's up just 8% from the previous quarter. The pace of sales in its mobile division - representing roughly 70% of profits - appears to be slowing.

Motorola Teases Forthcoming Moto X Smartphone 'Designed By You'

Motorola is striking a patriotic note with its first ad teasing the Moto X, the first smartphone it will launch since being swallowed up by Google in 2012.

How The Human Face Might Look In 100,000 Years

A designer and geneticist have teamed together to show how extreme weather, light and implants might change the way we look in the future.

Hackers Suspected For Months That LulzSec Leader Had Turned Informant

[image error]Hector Xavier Monsegur, the man allegedly known online as Sabu. The FBI have arrested the man widely thought to be the leader of notorious hacking group LulzSec, a 28-year-old who went by the name "Sabu" online and Hector Xavier Monsegur in real life. What most people are finding extraordinary from the latest [...]