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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Apple ad shows why Kodak never had a chance

Category : Business

Kodak was killed by phones, not film.

See the article here: Apple ad shows why Kodak never had a chance

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iTunes is 10 years old today. Was it the best idea Apple ever had?

Category : Business

While the shares fall and the smartphone wars rage, Apple’s music store keeps growing – and tying users into its platform

Steve Jobs put a new slide up on the huge screen. “We started about a year and a half ago to create a music store,” the Apple chief executive told the audience. “That meant we have to go and negotiate with the big five music companies. Now, before we did this I was reminded of a quote from Hunter S Thompson about the music industry.”

He looked up at the screen. In giant letters it read: “The music business is a cruel and shallow money trench, a long plastic hallway where thieves and pimps run free, and good men die like

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Facebook releases Android ‘home’

Category : Business

Facebook releases software that puts content from the social network on the home screen of Android phones.

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VIDEO: How to control mobile data costs

Category : Business, World News

Consumers are wasting money by not understanding the cost of accessing emails and social networking sites via their mobile phones, according to the website billmonitor.com.

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Kent village paying for French calls

Category : Business, World News

Residents and visitors to a Kent village are racking up extra charges when their mobile phones connect to French networks.

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VIDEO: Has the games console had its day?

Category : World News

With the rise of smart phones and tablet computers, are the days of the games console coming to an end?

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DND Technologies, Inc. (DNDT: OTC Link) | DND Technologies has Announced that its Wholly-Owned Subsidiary, Cinturi, has Reached Agreement to Launch a Mobile Supermarket Shopping Platform in Brazil

Category : Stocks

DND Technologies, a diversified holding
company that acquires, invests in, and partners with next
generation

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UK retail sales rise in January

Category : World News

British retail sales rose in January thanks to tablet computers and smart phones, says the British Retail Consortium

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One in four new phones a Samsung

Category : World News

Samsung accounted for one in four of all mobile phones shipped worldwide last year, as its shipments grew by nearly 20%, according to research.

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Apple plans budget iPhone to boost sales in Asia

Category : Business

A second model would mark a major shift in strategy for Apple, which has produced just one handset a year since 2007

Apple is reportedly developing a budget version of the iPhone that could cost half as much as its latest handset, in an attempt to push back against arch-rival Samsung and increase sales in Asia.

With competitors producing touch-screen devices for under $100 (£62) without subsidy, analysts say that to make an impact Apple would need to price its budget model at around $300, half the price of the latest iPhone.

Scheduled for launch in the second half of this year, according to manufacturing sources, a second model would mark a major shift in strategy for Apple, which has produced just one handset a year since it first appeared in 2007.

The prototypes have a larger display than the iPhone 5, according to manufacturing news site Digitimes, and could feature a less expensive body, possibly made of plastic rather than the aluminium casing favoured by Apple.

Last year saw the arrival of touch-screen smartphones from ZTE, Samsung and Lenovo that cost less than $100, a development that will push annual sales of what are in effect miniature computers to the 1bn mark for the first time in 2013, according to accountants Deloitte.

With emerging markets such as China and India expected to generate a large proportion of those sales, Apple must now decide whether to risk lower profit margins, and devaluing the brand of a device that accounts for almost half its revenue, by pushing for a share of the budget smartphone boom.

“Apple is fast approaching a fork in its global strategy for the iPhone,” said Neil Mawston at researcher Strategy Analytics. “Apple needs to decide whether to continue with its current strategy of one-model-one-segment, or whether it needs to expand into multiple models and multiple segments. A sweet spot for high volumes would be around the $100 level, but Apple may be afraid of damaging its premium brand at this low price-point, so a pricing level around $300 seems more likely, in our view.”

An Apple spokesman declined to comment. Lower cost but high performance phones, many of which use Google’s Android software, have bitten into Apple’s global market share, which fell from a peak of 23% at the end of 2011 to 15% in the third quarter of last year, according to researcher IDC.

Samsung’s growth hinges on its high cost, flagship Galaxy SIII, but it has blitzed the market with 37 different smartphone models in 2012, each adapted to local tastes and budgets. The result was a leap in global market share in the third quarter of 2012 to 31% from 9% the previous year.

Apple has relied on selling older models at a discount rather than designing new phones at a range of prices. Its oldest handset still on sale, the iPhone 4, is available for £319 out of contract in the UK, while the iPhone 5 costs £529 out of contract and $649 in the US, putting Apple out of reach for many consumers.

The iPad mini, a cheaper and smaller version of the world’s best selling tablet computer, could point the way for the iPhone. The mini has done well in China, generating “insatiable demand” according to analyst Brian White of Topeka Capital Markets.

An iPhone with a larger screen could be a selling point. Smartphones are being used to watch more video as resolution improves, and the iPhone 5 screen is among the smallest of the current high end handsets. It measures 4 inches on the diagonal, up from 3.5 inches for its predecessor the 4S, but less than the Samsung Galaxy SIII’s 4.8 inches.