Sydney, Australia (CNN) – In the latest maneuver in the smartphone wars, Samsung is offering its latest Galaxy S II smartphone for a token $2 to the first 10 people in line each morning at a temporary store just steps away the Apple flagship store in Sydney.
Normally priced at $850, the deep discount attracted some young buyers to camp out three or four nights to snatch the phone. "We calculated that the amount of money we are saving ... makes it equivalent to being paid $15 an hour just to loaf around for four days,” one person waiting for a phone told CNN.
“Apple gives no discounts on the iPhone, so honestly I’m not sure why you would line up to pay full price for a phone that’s not as good as a Samsung,” said James Constantine, who bought a $2 phone after waiting outside for three days.
Hong Kong (CNN) – Antonia Murray, 17, spends nearly every waking hour in the company of an Apple device. She has an iPad, an iPod Touch, a Macbook and a Mac desktop. Among her peers at Hong Kong’s Island School, she’s no outlier though. She’s just an ordinary member of the Apple generation.
"I don't think I could last a day of school without my iPad. I'd be so bored” Murray says.
Editor’s note: On June 12, 2005, Steve Jobs gave a commencement speech at Stanford University that summed up his life lessons. In memoriam, Business 360 publishes the full text of that speech.
I am honored to be with you today at your commencement from one of the finest universities in the world. I never graduated from college. Truth be told, this is the closest I've ever gotten to a college graduation. Today I want to tell you three stories from my life. That's it. No big deal. Just three stories.
Hong Kong (CNN) – A senior government official says China’s total number of Internet users is now more than 500 million people, state media reported.
That’s more than 60% higher than the entire population of the U.S., where much of the Internet infrastructure was first developed and home to the giants of the industry such as Google, Facebook and Youtube – sites whose services are largely blocked in the world’s largest Internet market.
Wang Chen, chief of the State Council Information Office (SCIO), said in his keynote speech at the UK-China Internet Roundtable that the world’s most populous nation now has nearly 40% of its 1.3 billion population online. SCIO is a ministry-level government agency which oversees media and Internet issues in China. FULL POST
New York (CNN) – Amazon didn't just light a fire to the tech world Wednesday, it threw out an atom bomb – a tablet for $199, less than half the price of the cheapest iPad. Not only that, CEO Jeff Bezos also announced a new line-up of better, cheaper Kindles ranging from $149 for a 3G Kindle Touch to $79 for the most basic model (versions without ads are slightly more).
When those prices were unveiled at the press event in New York, the jaws of even the most skeptical tech journalists dropped. FULL POST
Hong Kong (CNN) – When you think of buying a tablet computer, what brand comes to mind?
Well, if a soft-white, backlit Apple logo popped into your noggin, you wouldn’t be alone. In fact, a recent consumer survey shows a whopping 85% of consumers first think of the Cupertino-based company before other competitors.
Just 4% of consumers surveyed first envisioned Samsung’s Galaxy in their hand, according to a survey from Change Wave Research. A mere 2% first imagined buying RIM’s Playbook over other brands.
When comparing operating systems, nearly seven of every 10 tablets sold between April and June of this year were Apple iPads, according to IDC, a London-based research firm. In percentage terms, that was a rise from 65.7% in the first quarter to 68.3% in the second quarter.
My BlackBerry Bold is back on my hip, vibrating away every time I get an e-mail, and I am relieved.
I have lived with and mostly loved a BlackBerry since the days following the 7/7 attacks on the London transport sector. That's when CNN rolled them out for reporters.
Since then I have used it for reference for live shots, for e-mailing of course, and to take photos – work and personal.
Hong Kong (CNN) – I was walking down the street the other day when one half of my $350 Bose headphones quit working. Frustrated, I sent a quick tweet to my friends.
Within an hour, I got a reply – but not from my followers. From Bose.
Bose Service responded:
Despite not addressing my tweet to Bose – I did not @mention or even hashtag the name - Bose Service proceeded to send me a direct message with the contact information necessary to repair my headphones. This occurred within one working day.
(CNN) – Evolve or die. That’s Darwin’s basic tenet. Failure to adapt to change dooms a living organism to death. In the virtual world of online social networking, the same holds true.
Since it came online in 2004, Facebook has adapted quickest and best. Popularity and profitability have followed: it lays claim to more than half a billion users while a 2012 IPO may value it at more than $100 billion. That’s powered up Facebook to barrel like a juggernaut through online pioneer Friendster and same-niche competitor MySpace, leaving them flattened in its wake.
But they haven’t flat-lined – at least not yet. And in the past few days, we’ve actually seen some twitching in those two online names that you had all but forgotten. But are their moves resurrection signs or merely reflex jerks before rigor mortis? Let’s take a look at what’s recently happened.
New York (CNN) – Can an old dog learn new tricks? That is the question facing tech giant Microsoft.
Once a must-have growth stock, Microsoft shares have been stuck in the mid $20 range. While Apple has surged 391% in the past five years and Google has risen 28%, Microsoft shares are down 8%.
I caught up with Steve Ballmer at the launch of Office 365, the cloud version of its popular software package and a product the company hopes will dispel the image that they are trapped in the past.
He acknowledged the company suffers from a perception problem. “It is hard to understand. Half of the world’s inboxes are on Hotmail. We have maybe 50, 100% more customers than Gmail. We are not newbies.
About Business 360
CNN International's business anchors and correspondents get to grips with the issues affecting world business, and they want your questions and feedback.