samsung 

Samsung says profit slid 60 percent year on year

Samsung Electronics’ first-quarter operating profit slid around 60 percent year-on-year off revenue that declined by about 14 percent, according to preliminary guidance, further illustrating the company’s struggle with falling chip prices. The company had already issued an unprecedented warning last week that its earnings would be lower than market expectations. Total sales are expected to come in at 52 trillion won ($45.7 billion), with operating profit of around 6.2 trillion won ($5.5 billion), according to a statement. Samsung provides these figures alone at the start of each quarter, issuing a more…

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Apple 

Healthcare tech firm Epic Systems says it won’t consider any Apple buyout offer

“We’re not going to do that,” Judy Faulkner told Healthcare IT News at a conference earlier this week. “It was just very gratifying that not a single health system contacted us about it and said they were worried. They all said they laughed.” The executive was responding to CNBC “Mad Money” host Jim Cramer, who argued that Apple should buy Epic since it sells medical record software to major U.S. hospitals. Apple launched a Health Records feature in March 2018, allowing encrypted patient data to be saved in the iOS Health app for quick access…

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Apple 

Apple can reach $1 trillion again if it launches a “media bundle” in 2019, says Morgan Stanley

As Apple rebounds from its first earnings call predicated with a guidance revision in 16 years, many analysts remain skeptical of the company’s ability to regain its trillion-dollar status. Morgan Stanley analyst Katy Huberty, however, offers a different take, via CNBC.  Huberty believes that if Apple successfully launches a so called “media bundle” in 2019, comprised of music, television streaming and a Texture news subscription, the company will see significant growth as the bank currently targets AAPL’s 12 month share price at $211. For reference, AAPL closed at just over $166 on Friday with a $785 billion market cap.…

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Mobile 

Lines for the OnePlus 6T were longer than the ones for the iPhones, says T-Mobile

People are buying what OnePlus and T-Mobile are selling – the lines for the OnePlus 6T in front of the carrier’s stores were longer than those for the new iPhones (according to a T-Mo employee quoted by Business Insider). T-Mobile stores are currently the only place in the world where you can buy a 6T, but that’s not why the carrier has the best deal on the new flagship. By trading in an eligible phone (the list is quite long and even includes the original OnePlus One) you get $300…

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