Smartphone, tablet pile-up may lead to grim Q1 for suppliers

Smartphone sales were explosive in 2012 and the tablet market finally came into its own after being a one-horse town since 2010. Market leaders like Apple (AAPL) and Samsung (005930) are expected to post massive results in the fourth quarter and shipments from smaller vendors have continued to grow as well, but questions surrounding how long these runs can last continue to be raised. To compound the...

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Apple CEO Tim Cook sees pay drop 99% in 2012

In 2012, Apple’s (AAPL) chief executive will earn about 1% of the compensation he pulled in last year, according to a regulatory filing. The CEO’s compensation will total $4.17 million in 2012, which includes a $1.36 million salary and $2.8 million in compensation related to incentive plans. Last year, the Apple boss was paid $378 million according to Bloomberg, thanks largely to $376.2 million in...

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Marvell seeks to overturn $1.17 billion patent verdict

(Reuters) - Marvell Technology Group Ltd said on Thursday it will try to void a $1.17 billion damages award imposed by a federal jury that found the chipmaker had infringed two patents held by Carnegie Mellon University.In a statement, the company said it will seek to overturn Wednesday's verdict in post-trial proceedings in the U.S. District Court in Pittsburgh. It also said that if necessary, it...

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Lack of low-end BlackBerry 10 phone could be a serious stumbling block in RIM comeback bid

South Africa is one of Research In Motion’s (RIMM) top five markets in the world, and it is a decent proxy for the entire African market. Leading regional carrier Vodacom’s November smartphone statistics illustrate exactly why BlackBerry 10 cannot arrive soon enough… and why RIM badly needs a cheap new BlackBerry 10 model by spring.[More from BGR: Apple CEO Tim Cook sees pay drop 99% in 2012]Vodacom...

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Samsung looks to address its biggest weakness in 2013

Samsung (005930) is a force to be reckoned with. Two short years ago it looked like Apple (AAPL) was set to run away with the smartphone industry, but Samsung came out in a big way and the companies now share the smartphone crown — Samsung handily out-ships Apple but the Cupertino, California-based company still pulls in more profit. There is one area where Apple reigns supreme, however, but Samsung...

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Stocks open lower as lawmakers doubt budget deal

Stocks are opening lower on Wall Street amid concern that lawmakers will fail to reach a deal to stop the U.S. going over the so-called fiscal cliff.The Dow Jones industrial average is down 39 points at 13,151. The Standard & Poor's 500 index is off four points at 1,426. The Nasdaq composite is down six points at 3,013.Sen. Joe Lieberman said Sunday that it is now "more likely we'll go over the...

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Stocks fall as lawmakers doubt budget deal

Stocks are down Wall Street amid concern that lawmakers will fail to reach a deal to stop the U.S. going over the so-called fiscal cliff.The Dow Jones industrial average is down 32 points at 13,158. The Standard & Poor's 500 index is off four points at 1,426. The Nasdaq composite is down nine points at 3,012.Sen. Joe Lieberman said Sunday that it "It's the first time that I feel it's more likely...

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