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Adobe beats profit expectations, mulls subscription changes

Adobe Systems beat analysts' profitability expectations by 3 cents per share in the second fiscal quarter, ratcheted its Creative Cloud subscriber total up 221,000 to 700,000, and is considering new measures to mollify those who don't like the subscriptions, the company said Tuesday.

For the company's fiscal second quarter, which ended May 31, the company reported net income of 36 cents per share on a non-GAAP basis that excludes various charges, a notch better than the 33 cents average expectation of analysts surveyed by Thomson Reuters. Using generally accepted accounting principles, the company's net income … Read more

Samsung dominates China's smartphone market in Q1

Samsung has succeeded in maintaining its edge on China's smartphone market for the fifth straight quarter in a row. It has also broke its own record by selling more than 10 million smartphones in a single quarter.

The Korean phone maker sold 12.5 million smartphones in China during the first quarter of 2013, according to new data from market research firm Strategy Analytics. This is up 2.2 percent from the last quarter of 2012 and makes up 18.5 percent of China's smartphone market. These numbers were first reported by The Korea Herald.

Coming in second … Read more

iPad Mini popularity burying regular iPad, claim suppliers

The iPad Mini appears to be trouncing the iPad in popularity based on estimates coming out of the Asia-based supply chain.

Of the 19.5 million iPads sold in Apple's second quarter (January to March), 12.5 million were iPad Minis, according to an estimate from Taipei-based Digitimes that cited sources. The publication defines the number as "shipments."

Of course, only Apple (which does not break down iPad and iPad Mini sales) knows the real number, but this jibes with shipment trends that DisplaySearch was seeing in December.

At that time, DisplaySearch expected Apple to sell 6 … Read more

Windows 8 tablets hit 3 million shipped in first quarter

Microsoft and its partners have cracked the tablet market, according to a report from Strategy Analytics.

Windows 8 tablets (which include Windows RT) took 7.5 percent of the global tablet market based on operating system (OS) market share in the first quarter, Strategy Analytics said.

PC makers (including Microsoft) shipped 3.4 million units worldwide in Q1 2013, "for a niche 7.5 percent share," Neil Shah, a Strategy Analytics analyst, said in a response to an e-mail query.

But the market research firm said things could have been better.

"Very limited distribution, a shortage of … Read more

HP's Whitman: No plans to break up company

During Hewlett-Packard's first-quarter earnings conference call, CEO Meg Whitman clarified the company's "better together" strategy.

"We have no plans to to break up the company," Whitman said, in response to a question from an analyst. "I feel quite strongly that we are better and stronger together."

She reiterated this was part of HP's "better together" strategy. In short, Whitman is saying that HP as a whole is more than the sum total of its parts.

There has been speculation in the past weeks that HP's board is reconsidering … Read more

Microsoft: We're going to broaden Surface lineup

During Microsoft's second-quarter earnings conference call today, the company's chief financial officer reiterated that the lineup of Surface devices will expand.

After Microsoft reported reported earning today, Chief Financial Officer Peter Klein spoke about future Surface products -- though he was mum about specifics.

"We had limited distribution this quarter in our stores and we're excited about expanding that [distribution]," he said, responding to an analyst's question.

"We're going to expand geographically, we're going to expand the product lineup, we're going to expand retail distribution and capacity," he said, … Read more

Intel CEO: The PC is shape-shifting into a tablet

In the wake of reporting weak profits today, Intel CEO Paul Otellini couldn't repeat enough that "radical" new PC designs will subsume the tablet experience.

Here are some of Otellini's comments that suggest that Intel and its PC partners are aggressively going after the tablet market with newfangled Windows 8 devices. Most of these comments came in response to analysts' questions.

Radical transformation:

We are in the midst of a radical transformation of the computing experience with the blurring of form factors and adoption of new user interfaces. It's no longer necessary to choose between … Read more

IDC device maker ranking shows Apple value, Samsung volume

In the brave new world of connected personal computing devices, Hewlett-Packard is a distant No. 4, with Samsung and Apple leading the way.

Think of IDC's "Worldwide Smart Connected Device Market" report as the 21st century equivalent of PC maker rankings.

Personal computing today includes tablets and smartphones, not just the laptop in your father's home office.

That global smart-connected device market grew 27.1 percent year-over-year in the third quarter to a record 303.6 million shipments valued at $140.4 billion, IDC said today in a research note.

"HP, which is virtually non-existent … Read more

Whitman proclaims new products will return HP to 'greatness'

With Hewlett-Packard's stock price going south in a hurry, CEO Meg Whitman tried to advance the argument that HP's 'return to greatness' will based on great products.

"In terms of investments, we are very focused on product, product, product," said CEO Meg Whitman in today's earnings conference call, via a transcript provided by Seeking Alpha.

Whitman continued. "Great companies return to greatness on the basis of product."

She went on to cite products like its "Gen8" servers, Moonshot servers, and new lines of PCs, printers, and services.

Both Whitman and chief … Read more

Analysts turn negative on Windows 8 prospects

Windows 8 got pummeled today by analysts, who cited it as a major factor in tepid PC growth.

The launch of a new Microsoft operating system rarely, if ever, goes smoothly. But Windows 8 is having an especially bumpy takeoff.

The first reason Deutsche Bank listed today for cutting its PC estimates this quarter was a "lackluster initial uptake of Windows 8," in a research note from analyst Chris Whitmore.

After citing the impact of amorphous factors like "macro weakness" and the "fiscal cliff," Whitmore continues.

As in past cycles we expect the introduction … Read more