Christopher DeSousa

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  • Apple Drops in China; China Mobile Looms

    By Christopher DeSousa - August 14, 2013 | Tickers: AAPL, CHL

    Apple (NASDAQ: AAPL) has tried to pursue a distribution deal with Chinese telecom operator China Mobile since 2009, but both companies have yet come to an agreement because of conflicting business models. Investors have watched Apple's sales growth in China plunge against low-priced smartphones from local brands this year. A partnership with China Mobile offers Apple a large distribution channel to attract new consumers, while China Mobile can expand more »

  • Barrick Gold Looks to Optimize its Assets

    By Christopher DeSousa - August 13, 2013 | Tickers: ABX, KGC

    In September 2011, gold prices peaked around $1,800 per ounce. Mining companies saw their profits and share prices reach record highs. Since then, gold has significantly dropped in value because of a strengthened U.S economy. Investors have moved away from precious metals to equity markets that have yielded higher returns. For the past month, gold bullion has traded in the range of $1,270 to $1,345 per more »

  • Apple and Samsung's Growth Slows Down

    By Christopher DeSousa - August 1, 2013 | Tickers: AAPL, SSNLF

    Samsung and Apple, two of the largest technology brands, released quarterly earnings last week. Samsung posted record profits for the quarter despite a 3.5% slowdown in its mobile division. Apple beat Wall Street earnings estimates as iPhone sales hit record numbers, but a downward trend in iPhone sales growth alarms some investors.

    Analysts believe Apple should manufacture a low-cost smartphone targeted for price sensitive consumers to propel the company more »

  • Lenovo Beats the Market and HP

    By Christopher DeSousa - July 22, 2013 | Tickers: HPQ, LNVGY.PK, MSFT

    Eight years ago, Beijing-based Lenovo (NASDAQOTH: LNVGY.PK) purchased IBM's personal computer business for $1.25 billion. Lenovo has greatly benefited from IBM's ThinkPad brand, international sales/distribution channels, and advanced PC manufacturing technologies. IBM's resources enabled Lenovo to pursue growth in foreign markets and attract new customers and investors outside of China. Since then, Lenovo has pushed ahead of Hewlett-Packard and Dell to become the world's more »

  • BlackBerry Competition Heats Up, Short Interest Rises

    By Christopher DeSousa - July 17, 2013 | Tickers: AAPL, BBRY, MSFT

    Last Tuesday, BlackBerry (NASDAQ: BBRY) held its annual shareholders meeting in Waterloo, Ontario, where management formally changed its name from Research In Motion. Shareholders approved the name change by more than two-thirds of the votes cast. This year marks BlackBerry's transition from a mobile communications company into a mobile computing company. However, the latest first quarter earnings results have left investors unimpressed by the turnaround.

    During the shareholder meeting more »

  • Piecing Together Analyst Reactions Before BlackBerry's Q1 2014 Earnings Results

    By Christopher DeSousa - June 26, 2013 | Tickers: BBRY, JBL

    U.S stocks have tilted lower lately on fears of a slowing Chinese economy and the U.S Federal Reserve's plan to unwind U.S stimulus. BlackBerry (NASDAQ: BBRY) was one of the few gainers in the technology sector on Monday, climbing 2.8% to $14.75 per share. The company is set to report earnings results for the first quarter of fiscal 2014 before the opening bell on more »

  • Hon Hai Partners with Mozilla on Smart Devices

    By Christopher DeSousa - June 20, 2013 | Tickers: AAPL, GOOG, HNHAF

    Mozilla has recently partnered with Taiwanese-based Hon Hai (NASDAQOTC: HNHAF), better known as Foxconn, to manufacture mobile devices using Mozilla's Firefox operating system. Firefox OS, an open-source Web mobile operating system, aims to provide mobile users, hardware manufacturers and developers an alternative to other platforms in the mobile market.

    At Foxconn's 2013 Computex press conference in Taipei, Taiwan, the company unveiled two tablet computers and three smartphone devices more »

  • Lenovo Opens Operations in the U.S.

    By Christopher DeSousa - June 12, 2013 | Tickers: DELL, HPQ, LNVGY.PK

    On June 5, Lenovo Group (NASDAQOTH: LNVGY.PK) opened its first U.S. personal computer (PC) production line in Whitsell, North Carolina. The Beijing-based company believes that having manufacturing capabilities in the U.S. will increase product delivery to consumers and offer flexibility to its PC-related services.

    In October 2012, the Chinese company decided to invest in a U.S manufacturing facility with plans to expand its in-house manufacturing capabilities globally more »

  • Lenovo Seeks to Bring Chinese Success to U.S Smartphone Markets

    By Christopher DeSousa - June 4, 2013 | Tickers: BBRY, LNVGY.PK, SSNLF

    Lenovo Group (NASDAQOTH: LNVGY.PK), the second largest personal computer (PC) manufacturer, views the smartphone market as a new channel to drive growth in the company. Yang Yuanqing, Lenovo's Chairman and CEO, believes the PC market presents limited growth for the company's future success. Mr. Yuanqing wants his company to start selling its smartphones in the U.S market within a year.

    Impressive Earnings

    Lenovo boosted investor confidence with more »

  • BlackBerry Faces Stiff Competition in Emerging Markets

    By Christopher DeSousa - May 23, 2013 | Tickers: BBRY, GOOG, NOK

    BlackBerry (NASDAQ: BBRY) unveiled the BlackBerry Q5 smartphone at the company's annual BlackBerry Live conference in Orlando, Florida. The Q5, the third smartphone running the BlackBerry 10 ecosystem, aims for consumers in emerging markets.

    The Q5 is a low-cost version of the BlackBerry Q10 with BlackBerry 10 functionality and a QWERTY keyboard that resembles older BlackBerry Bold and Curve models. The phone comes with a 3.1-inch 720x720 LCD more »

  • BlackBerry: Bull and Bear

    By Christopher DeSousa - May 14, 2013 | Tickers: AAPL, BBRY

    Thorsten Heins, BlackBerry's (NASDAQ: BBRY) CEO and President, discussed in an interview that its BlackBerry 10 mobile OS has gained "initial interest" from potential partners.

    BlackBerry 10 integrates software developed from QNX Software Systems, which powers BlackBerry's new line of smartphones and PlayBook. QNX, acquired by BlackBerry in 2010, is a software company that develops operating systems, development tools and services for connected embedded systems.

    Heins did not more »

  • LG, Samsung and Sony Enter OLED TV Market

    By Christopher DeSousa - January 22, 2013 | Tickers: AUO, LPL, SNE, OLED

    LG Electronics entered the New Year announcing the sale of its next-generation TV display — LG 55EM9700 — a 55-inch organic light-emitting diode (OLED) TV. The company's announcement concludes the race with its rival, Samsung Electronics, to determine which company will first bring OLED technology to the marketplace. 

    LG retail outlets in South Korea have started accepting pre-orders from only domestic customers for KRW 11-million (US $10,000) with shipments scheduled more »

  • Google's First In-House Smartphone and Tablet

    By Christopher DeSousa - January 4, 2013 | Tickers: AAPL, BBRY, GOOG, SNE

    Apple (NASDAQ: AAPL) and Google (NASDAQ: GOOG) dominated tech news in 2012. Apple maintained its dominance in the smartphone and tablet markets, but faced heightened competition against devices running on Google's Android OS.

    According to market research firm International Data Corp (IDC), Android managed to capture 75% of the worldwide market in the third quarter (Q3) of 2012 — an increase of 17.5% from Q3 2011. Apple's iOS more »