Wednesday, July 31, 2013

BlackBerry and Free The Children Inspire Canadian Youth to Build-A-Village

Source: BlackBerry Press - Press Releases - July 31, 2013 
BlackBerry and Free The Children Inspire Canadian Youth to Build-A-Village
Waterloo, ON – For the third consecutive summer, BlackBerry® (NASDAQ: BBRY; TSX: BB) and Free The Children will be sending 50 Canadian students on a Me to We life-changing volunteer trip to Kenya and India as part of the BlackBerry® Build-A-Village Award Program. Through the program, BlackBerry is giving youth an opportunity to immerse themselves in a new culture, and gain hands-on experience with sustainable community development projects abroad.
BlackBerry has partnered with Free The Children to send the students to its Adopt a Village communities in Eor Ewuaso, Kenya and Bagad, India, with the core mission of eliminating the obstacles preventing children from accessing education. For three weeks, students will embark on a variety of programs such as helping to build a school and planting trees. Students will also have the opportunity to learn from community leaders, participate in leadership development activities, and delve into daily discussions on tackling social issues. The students will truly be immersed in the community, learning to speak the local language, as well as learning the culture, traditions, joys and daily challenges faced by the community.
“We are thrilled to work with such an innovative company like BlackBerry year after year to help inspire and make a positive impact in the lives of young people through international volunteer travel,” says Marc Kielburger, co-founder of Free The Children and Me to We.  “The opportunity to travel and volunteer across the globe is an incredible opportunity for young people to not only make a difference to a community in need, but also to learn about themselves and become empowered to help make a difference right in their own community when they return.
“As champions of ambition, BlackBerry aims to empower youth with the Build-A-Village Award Program, to help them realize their fullest potential as agents of change in their own community and the world. The BlackBerry Build A Village Award Program is a unique, transformative initiative where the students involved can really see how their contributions have positively impacted the lives of so many children and families from communities in need, while at the same time, transforming their own lives and perspectives. Education is at the heart of BlackBerry’s Citizenship initiatives and we believe in the importance of education to inspire the next generation of leaders,” said Andrew MacLeod, Managing Director for Canada at BlackBerry.
This year’s winners, ranging from the ages of 14 to 18, are students from the Waterloo region. They were selected for their dynamism, passion, leadership qualities and the contributions they have made to their local community. While coming from diverse backgrounds, they share the common goal of having a fierce determination to create social change.
The BlackBerry Build A Village Award Program is in its third year, and through the program’s first two years, 100 students have participated to build six classrooms in Eor Ewuaso, Kenya and three classrooms in Bagad, India with two more additional classrooms to be completed this year.  
BlackBerry will also be a key partner of Free The Children’s stadium-sized educational event We Day. Bringing together a generation of youth to lead a movement of local and global change, We Day takes place in major cities across North America with BlackBerry as the Title Sponsor in Waterloo Region (November 20) and support for other cities including Toronto (September 20), Vancouver (October 18), Halifax (November 27) and Ottawa (spring 2014).
For more information about the BlackBerry Build A Village Award Program, please visit http://www.freethechildren.com/buildavillage/   
About Free The Children
Free The Children is an international charity and educational partner that has more than 1.7 million young people involved in its programs. Founded in 1995 by international activist Craig Kielburger, Free The Children believes in a world where all young people are free to achieve their fullest potential as agents of change, and empowers youth to remove barriers that prevent them from being active local and global citizens. The organization’s domestic programs—which include We Day (www.weday.com ), Free The Children’s signature youth empowerment event, and We Act—educate, engage and empower hundreds of thousands of youth in North America, the UK and around the world to become engaged global citizens. Its international projects have brought more than 650 schools and school rooms to youth and provided clean water and sanitation, health care and food security to one million people around the world, freeing children and their families from the cycle of poverty.
The organization has received the World's Children's Prize for the Rights of the Child, the Human Rights Award from the World Association of Non-Governmental Organizations, and has formed successful partnerships with leading school districts, school boards and Oprah's Angel Network. For more information, visit www.freethechildren.com
About BlackBerry
A global leader in wireless innovation, BlackBerry® revolutionized the mobile industry when it was introduced in 1999. Today, BlackBerry aims to inspire the success of our millions of customers around the world by continuously pushing the boundaries of mobile experiences. Founded in 1984 and based in Waterloo, Ontario, BlackBerry operates offices in North America, Europe, Asia Pacific and Latin America. BlackBerry is listed on the NASDAQ Stock Market (NASDAQ: BBRY) and the Toronto Stock Exchange (TSX: BB). For more information, visit www.blackberry.com .

LG G2 Feature Music from Vienna Boys' Choir

Source: LG Press - Press Releases - July 31, 2013 
LG G2 Feature Music from Vienna Boys' Choir 
Special Ringtones and Preloaded Sounds Recorded Exclusively for LG’s Newest Device
SEOULJuly 31, 2013 — Sounds from the world famous Vienna Boys’ Choir will come preloaded on LG Electronics’ (LG) all new flagship LG G2 smartphone. LG worked closely with the choir to create a series of unique harmonic sounds including nine ringtones and five notifications and alarms. Also, four musical chimes such as Bach’s Air on the G String are included.
“Whether it’s classical compositions or fresh a cappella music, LG has always viewed beautiful music as a great complement to our beautiful devices,” said Dr.Jong-seok Park, president and CEO of LG Electronics Mobile Communications Company. “As the pinnacle of international choirs and the most famous, it’s fitting that the heavenly music of the Vienna Boys’ Choir is featured on LG G2.
The Vienna Boys’ Choir is one of the oldest and most famous boys’ choirs in the world. For nearly 500 years it has been an enduring symbol of Austria and currently performs in about 300 concerts a year before half a million music lovers all over the globe. The boys are selected mainly from Austria but also hail from many other countries.
LG’s efforts to create synergy between technology and human sensibility extends back to 2006 when LG worked with the Swedish a cappella group, The Real Group, to mimic cell phone sounds using human voices. In 2010, LG included the actual orchestra sounds of Ennio Morricone to its smartphone line-up.
Starting on August 1, fans of great music can log on to the LG G2 microsite (www.G2.LGMobile.com) and download the Life’s Good ringtone sung by the Vienna Boys’ Choir as well as other free music.

Nokia Lumia is a recipe for success in Britvic Soft Drinks

Source: Nokia Press - Press Releases - July 31, 2013 
Nokia Lumia is a recipe for success in Britvic Soft Drinks
Espoo, Finland - Britvic Soft Drinks, one of the UK's leading soft drinks companies, has chosen the Nokia Lumia as the business smartphone for its employees, replacing devices and services from BlackBerry. Britvic is now halfway through a rollout of 800 Nokia Lumia 720 smartphones.
As the owner of iconic brands including Robinsons, Tango and J20, as well as being the exclusive bottler in Great Britain for global brands such as Pepsi and 7UP, Britvic Soft Drinks needs to ensure its people can have fast and easy access to the company's systems wherever they are so that they can meet the needs of their customers.
A key factor in Britvic's switch to Lumia is the Windows Phone 8 platform and its easy synchronisation with the company's existing Microsoft systems, including Microsoft Exchange email and Microsoft SharePoint, as well as enabling them to access and edit Microsoft Office documents even when they are out of the office.
"We were looking for a business smartphone that could easily integrate with our existing Microsoft infrastructure," said John Armstrong, Head of IT Shared Services at Britvic. "Nokia Lumia and the Windows Phone fit the bill perfectly, allowing our people to do much more than just check their email and make calls. The training Nokia offered our staff has meant they were quickly up and running with the devices, and Windows Phone 8 gives a consistent interface which is simpler to support."
The Nokia Lumia 720 also features a 6.7 megapixel camera with great low light performance, which means that Britvic staff visiting stores and warehouses can quickly capture high-quality images that can easily be shared with colleagues.
Nokia Lumia also offers HERE Drive turn-by-turn navigation to help Britvic's sales teams find the best route to their next meeting, as well as HERE Maps with LiveSight to identify other potential outlets in the neighbourhood, wherever they happen to be.
Adrian Williams, director of Business Sales UK at Nokia, said "We're delighted that Britvic has made the switch to Nokia Lumia. Combining sleek design with the most popular apps, it's easy to see why Nokia Lumia is the best business smartphone."
Nokia for BusinessThe Nokia Lumia range offers business users a true Microsoft Outlook and Office experience out-of-the-box. With the Windows 8 platform, Microsoft Office and Outlook are built in allowing employees to open, edit and share PowerPoint, Excel and Word documents and synchronise changes without losing the original formatting.  Combined with a design that stands out, business class navigation, security that's fit for business, and a range of Qi standard wireless charging solutions, the Nokia Lumia is the best smartphone for businesses. 
For more information, visit www.nokia.com/global/business.
About NokiaNokia is a global leader in mobile communications whose products have become an integral part of the lives of people around the world. Every day, more than 1.3 billion people use their Nokia to capture and share experiences, access information, find their way or simply to speak to one another. Nokia's technological and design innovations have made its brand one of the most recognized in the world. For more information, visit http://www.nokia.com/about-nokia.

Tuesday, July 30, 2013

BlackBerry Q5 Smartphone Launches in Canada

Source: BlackBerry Press - Press Releases - July 30, 2013 
BlackBerry Q5 Smartphone Launches in Canada
BlackBerry® (NASDAQ: BBRY; TSX: BB) today announced that the newest BlackBerry® 10 smartphone, the BlackBerry® Q5 smartphone, will arrive in Canada on August 13, 2013. The new smartphone will be available from authorized partners Bell, Fido, Koodo, Sasktel, TELUS, and Virgin Mobile Canada, as well as retail stores Best Buy Canada, Future Shop, Target, TBooth Wireless, The Mobile Shop, The Source, Walmart, and WIRELESSWAVE, across the country.
The BlackBerry Q5 smartphone features a QWERTY keyboard in a stunning, youthful design that radiates confidence. With its dual core 1.2GHz processor, vibrant touchscreen and 4G/LTE network support, the BlackBerry Q5 smartphone offers a smooth, fast and rich browsing experience. Its messaging and social networking features enable customers to have fun, create, share and stay connected, while on the move.
Available in two colour models in Canada – Black and Pure Red* – the BlackBerry Q5 smartphone offers a powerful and unique mobile computing experience with its cutting-edge BlackBerry 10 functionality. Features and apps work seamlessly together, allowing customers to flow easily from one activity to the next. With its classic QWERTY keyboard re-engineered for optimized typing and its 3.1” touchscreen, the BlackBerry Q5 smartphone gives you the best of both worlds.
Andrew MacLeod, Managing Director for Canada at BlackBerry said, “Canada is our home, and bringing the BlackBerry Q5 smartphone here is a testament to our strong partner support and ongoing commitment to delivering innovative technologies that enable Canadian enterprises and consumers to improve how they connect and communicate.
Offering superior business productivity features, market-leading enterprise security and a fast, effortless experience, the BlackBerry Q5 smartphone is a perfect mobility solution for any Canadian organization. For enterprise customers who want to upgrade to BlackBerry 10 and BlackBerry® Enterprise Service 10, the BlackBerry Q5 smartphone is a powerful and cost-effective device to roll out across any organization.
The BlackBerry Q5 smartphone comes with BlackBerry 10 version 10.1. As part of the BlackBerry 10 experience, a peek into the BlackBerry® Hub lets you stay close to what’s important to you without stopping what you’re doing. Create the perfect shot every time with the camera Time Shift mode, tell your story using BlackBerry® Story Maker, and instantly share updates with friends on Facebook® and Twitter®. Use BBM™ Video with Screen Share to connect with contacts**, and visit the BlackBerry® World™ storefront to discover the more than 120,000 available apps.
For more information on the BlackBerry Q5 smartphone, please visit http://ca.blackberry.com/
* The Pure Red model available from Virgin Mobile Canada.
** Compatible BlackBerry 10 smartphones, Wi-Fi, 4G or HSPA+ connection required. Additional restrictions apply, visit blackberry.com for details.
About BlackBerryA global leader in wireless innovation, BlackBerry® revolutionized the mobile industry when it was introduced in 1999. Today, BlackBerry aims to inspire the success of our millions of customers around the world by continuously pushing the boundaries of mobile experiences. Founded in 1984 and based in Waterloo, Ontario, BlackBerry operates offices in North America, Europe, Asia Pacific and Latin America. BlackBerry is listed on the NASDAQ Stock Market (NASDAQ: BBRY) and the Toronto Stock Exchange (TSX: BB). For more information, visit www.blackberry.com

LG Expands Accessory Offerings with Premium Smartphone Case

Source: LG Press - Press Releases - July 30, 2013 
LG Expands Accessory Offerings with Premium Smartphone Case 
Convenient QuickWindowTM Case for LG G2 Available in Seven Colors
SEOUL, July 30, 2013 — LG Electronics (LG) will be introducing a line of premium cases for its upcoming flagship device, LG G2, to be available at the same time as the smartphone. The aesthetically beautiful case, QuickWindowTM, is the newest addition to LG’s growing premium smartphone accessory lineup, which includes cases, headsets and portable chargers.
An opening or “window” on the cover of QuickWindowTM allows users to glance at various information displays without having to open the cover flap.With only a light swipe of a finger, the QuickWindowTM UX will appear in the window which users can view while on-the-go. Information that can be viewed through the QuickWindowTM cover include a clock, weather report, alarm, music player, incoming phone call details and incoming text messages.
“LG’s newest premium accessory delivers practical and stylish options while protecting the smartphone, which for many consumers is a significant investment,” said Dr. Jong-seok Park, president and CEO of LG Electronics Mobile Communications Company. “Our smartphone designers have in mind the type of case they’d like to see on their designs. So it made a lot of sense for LG designers to share with our customers their vision of the perfect accessory.
The QuickWindowTMcase for the LG G2 will be available in seven different colors, including black, white, pink, purple, blue, mint and yellow. The cases will be available simultaneously with the launch of the LG G2.

Monday, July 29, 2013

Samsung Announces GALAXY S4 and GALAXY S4 mini With the world's first TDD-LTE and FDD-LTE Seamless Handover Technology

Source: Samsung Mobile Press - Press Releases - July 29, 2013 
Samsung Announces GALAXY S4 and GALAXY S4 mini With the world's first TDD-LTE and FDD-LTE Seamless Handover Technology 
Samsung accelerates global LTE market possibilities with world’s first commercial dual-mode LTE handover devices
Seoul, Korea - Jul 29, 2013 - Samsung Electronics today announced the world’s first commercial devices capable of TDD-LTE (Time-Division Duplex) and FDD-LTE (Frequency Division Duplex) seamless handover technology. Samsung will launch TDD/FDD Dual Mode LTE versions of the Samsung GALAXY S4 and Samsung GALAXY S4 mini, which will enable continuous and seamless voice and data communications even as the devices switch between two different types of LTE networks.

“Samsung continues to accelearate global LTE market deployment, addressing technical challenges faster than anyone else. With today’s TDD/FDD LTE seamless handover devices announcement, Samsung again demonstrates the company’s commitment to driving better, more convenient customer experiences,” said JK  Shin, co-CEO and president of the IT & Mobile division of Samsung Electronics. Shin added, “The first commercially available TDD/FDD seamless handover devices will allow customers to fully enjoy the benefits of fast mobile data communications no matter where they are.”

While the majority of the global LTE market is based on FDD-LTE technology, TDD-LTE, the alternative LTE technology, is expected to see increased adoption in the US, China, Australia, Middle East, Northern and Eastern Europe, and Southwest Asia, and to gain a more pronounced position in the global LTE market. Seamless handover between FDD-LTE and TDD-LTE networks is a critical feature for end-user customers and mobile operators, especially in markets where the both technologies are deployed. 

As a market pioneer in LTE technology, Samsung’s new support of seamless handover with the GALAXY S4 will enable even more convenient, ultra-fast mobile data communications, and provide users with smooth and seamless data communication without delays or interruptions while browsing or on calls during network handover. In addition, the seamless handover will enable a true global LTE roaming solution, enabling users to enjoy fast and rich multimedia data communication wherever they are. For mobile operators, use of both TDD-LTE and FDD-LTE frequencies can help them effectively manage data traffic and sustain quality of service. For example, mobile operators can allocate data traffic from FDD-LTE frequency to TDD-LTE frequency when FDD-LTE frequency is heavily loaded.

Samsung is the first player in the global mobile industry to provide dual-mode (TDD-LTE/FDD-LTE) smartphones.. Samsung will continue to launch TDD-LTE devices in other markets throughout third quarter.


Samsung's LTE Innovation 

Samsung's innovation in the LTE market is driven by the company’s determined investment in LTE technology and launching of various LTE-enabled devices. 

Samsung was the world’s first to showcase LTE technology in 2008, and has been leading the market expansion and technology standardization for high speed mobile data communication ever since. After launching GT-B3710 Dongle, the world’s first commercial LTE device, the company went on to introduce Craft, world’s first LTE mobile phone, to the US market in 2010. 

In 2012, GALAXY S III, world’s first device supporting VoLTE technology was introduced, and in June, GALAXY S4 LTE which enables LTE-A communication service twice as fast as the standard LTE, was launched. 

Samsung is driving the popularization of the global LTE market by launching over 60 million LTE devices for over 150 mobile carriers in 50 countries across the globe. 


Note to Editors: 

According to market research firm Strategy Analytics, the global LTE market will increase 20% annually on average, from 270 million devices in 2013 to 680 million devices in 2017. TDD-LTE market is expected to take up 18% of the entire LTE market by 2015, as 14 mobile carriers from 10 countries across the globe provide TDD-LTE services.

※ Annual LTE Devices Market Data (Unit: million)

                    
      2013     
     2014      
      2015     
     2016      
     2017      
     5 YRr CAGR      
      Global     
      270.7     
     396.8     
     497.8     
     594.8     
     683.3     
           20%     


About Samsung Electronics Co., Ltd.
Samsung Electronics Co., Ltd. is a global leader in technology, opening new possibilities for people everywhere through relentless innovation and discovery. We employ 236,000 people across 79 countries with annual sales of US$187.8 billion. To discover more, please visitwww.samsung.com.

Wednesday, July 24, 2013

LG Announces Second-Quarter 2013 Financial Results

Source: LG Press - Press Releases - July 24, 2013 
LG Announces Second-Quarter 2013 Financial Results 
Company Sets New Quarterly Record with Sales of 12 Million Smartphones

SEOUL, July 24, 2013 — LG Electronics (LG) today reported solid positive net income in the second-quarter as a result of improved performance in a majority of its business units. LG’s mobile phone business shipped 12.1 million smartphones between April and June, the highest ever in the company’s history.

Revenues in the 2013 second quarter rose 10.1 percent year-over-year to KRW 15.23 trillion (USD 13.58 billion), reflecting strong sales increases in most of LG’s business units. Second-quarter operating profit of KRW 479 billion (USD 426.92 million) and net profit of KRW 156 billion (USD 139.04 million), while down slightly from the same period last year, improved significantly from the previous quarter.

The LG Home Entertainment Company reported revenues of KRW 5.5 trillion (USD 4.91 billion), an increase of 6.4 percent from the previous quarter and virtually unchanged year-over-year.Second-quarter operating profit of KRW 107 billion (USD 95.37 million) increased from the previous quarter thanks to stronger sales in developing markets and successful new models, but declined compared to the same period last year due to intense competition and slower demand resulting in a lower average selling price. With continuing weak demand globally and expected increased competition, the company is investing in the premium and large-screen TV market with the expansion of Ultra HD TV and OLED TV products in developed markets.

The LG Mobile Communications Company continued to improve its position in the second quarter recording revenues of KRW 3.12 trillion (USD 2.78 billion), an increase of 34.5 percent from the same period last year. The company shipped 12.1 million smartphones in the second quarter, a new quarterly unit sales record for LG. Operating profit increased year-over-year to KRW 61 billion (USD 54.37 million) but declined from the previous quarter as a result of weaker demand in the Korean market, lower average selling price due to increased competition, and higher marketing investments. Shipments from mass-market smartphone models such as L-Series II and F-Series are expected to drive sales growth, while high-end products such as G Pro and LG G2 should increase the company’s product competitiveness.

The LG Home Appliance Company recorded the highest quarterly revenues in its history with sales in the second quarter of KRW 3.19 trillion (USD 2.84 billion), up 10.9 percent from the previous year largely due to improved sales in the United States and emerging markets such as China and Latin America. Second-quarter operating profits of KRW 121 billion (USD 107.84 million) rose quarter-over-quarter but fell compared with the same period last year due to increased R&D investments. LG will focus on continuing to grow its home appliance business by producing differentiated products with improved energy efficiency while further improving its cost structure.

The LG Air Conditioning and Energy Solutions Company reported record-high revenues of KRW 1.73 trillion (USD 1.55 billion) in the second quarter, an 18.4 percent increase from last year’s second quarter and a 42.5 percent increase from the first quarter of 2013. Operating income of KRW 171 billion (USD 152.41 million) rose compared with the previous year and previous quarter, while operating profit margin increased to 9.9 percent largely due to improved product mix and business structure.

2012Q Exchange Rates Explained
LG Electronics’ unaudited quarterly earnings results are based on IFRS (International Financial Reporting Standards) for the three-month period ending June 30, 2013. Amounts in Korean won (KRW) are translated into U.S. dollars (USD) at the average rate of the three-month period of the corresponding quarter — KRW 1,122 per USD (2013 2Q).

Earnings Conference and Conference Call
LG Electronics will hold a Korean language earnings news conference on July 24, 2013 at 16:00 Korea Standard Time at the LG Twin Tower Auditorium (B1 East Tower, 20 Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea). An English language conference call will follow on July 25, 2013 at 10:00 Korea Standard Time (01:00 GMT/UTC). Participants are instructed to call +82 31 810 3069 and enter the passcode 9084#. The corresponding presentation file will be available for download at the LG Electronics website (www.lg.com/global/ir/reports/earning-release.jsp) at 14:00 on July 24, 2013. Please visit http://pin.teletogether.com/eng/ and pre-register with the passcode provided. For those unable to participate, an audio recording of the news conference will be available for a period of 30 days after the conclusion of the call. To access the recording, dial +82 31 931 3100 and enter the passcode 142700# when prompted.

New LG Curved OLED TV is World's First to Achieve THX Display Certification

Source: LG Press - Press Releases - July 24, 2013 
New LG Curved OLED TV is World's First to Achieve THX Display Certification
ENGLEWOOD CLIFFS, N.J., July 24, 2013 — LG Electronics USA and THX Ltd.today announced that revolutionary new LG CURVED OLED TV is the first OLED TV in the world to achieve THX® Display Certification. 
The super-thin 55-inch class (54.6-inch diagonal) LG CURVED OLED TV went on sale to consumers in the United States today at a suggested price of USD 14,999. LG’s new model 55EA9800 passed more than 600 THX laboratory tests to ensure it delivers the picture quality of a professional post production display.
“We’re excited about the potential of OLED TV technology and we’re thrilled that consumers are introduced to it through this THX Certified LG model,” said Eric Gemmer, THX Senior Video Engineer. “The collaboration between LG and THX sets a very high standard for OLED picture quality.
According to LG, the new OLED TV’s proprietary WRGB technology is designed to deliver vivid and realistic images. The unique WRGB four-color pixel system features a white sub-pixel that works in conjunction with conventional red, green and blue pixels to create the perfect color output. In addition, LG’s exclusive Color Refiner is designed to deliver greater tonal enhancement, resulting in more vibrant and natural images.

Tuesday, July 23, 2013

Apple Reports Third Quarter Results

Source: Apple Press - Press Releases - July 23, 2013 
Apple Reports Third Quarter Results 
Sales of 31 Million iPhones Set New June Quarter Record
CUPERTINO, California—July 23, 2013—Apple® today announced financial results for its fiscal 2013 third quarter ended June 29, 2013. The Company posted quarterly revenue of $35.3 billion and quarterly net profit of $6.9 billion, or $7.47 per diluted share. These results compare to revenue of $35 billion and net profit of $8.8 billion, or $9.32 per diluted share, in the year-ago quarter. Gross margin was 36.9 percent compared to 42.8 percent in the year-ago quarter. International sales accounted for 57 percent of the quarter’s revenue.

The Company sold 31.2 million iPhones, a record for the June quarter, compared to 26 million in the year-ago quarter. Apple also sold 14.6 million iPads during the quarter, compared to 17 million in the year-ago quarter. The Company sold 3.8 million Macs, compared to 4 million in the year-ago quarter. 

Apple’s Board of Directors has declared a cash dividend of $3.05 per share of the Company’s common stock. The dividend is payable on August 15, 2013, to shareholders of record as of the close of business on August 12, 2013.

“We are especially proud of our record June quarter iPhone sales of over 31 million and the strong growth in revenue from iTunes, Software and Services,” said Tim Cook, Apple’s CEO. “We are really excited about the upcoming releases of iOS 7 and OS X Mavericks, and we are laser-focused and working hard on some amazing new products that we will introduce in the fall and across 2014.”

“We generated $7.8 billion in cash flow from operations during the quarter and are pleased to have returned $18.8 billion in cash to shareholders through dividends and share repurchases,” said Peter Oppenheimer, Apple’s CFO.

Apple is providing the following guidance for its fiscal 2013 fourth quarter:

  • revenue between $34 billion and $37 billion
  • gross margin between 36 percent and 37 percent
  • operating expenses between $3.9 billion and $3.95 billion
  • other income/(expense) of $200 million
  • tax rate of 26.5%
Apple will provide live streaming of its Q3 2013 financial results conference call beginning at 2:00 p.m. PDT on July 23, 2013 at www.apple.com/quicktime/qtv/earningsq313. This webcast will also be available for replay for approximately two weeks thereafter.

This press release contains forward-looking statements including without limitation those about the Company’s estimated revenue, gross margin, operating expenses, other income/(expense), and tax rate. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include without limitation the effect of competitive and economic factors, and the Company’s reaction to those factors, on consumer and business buying decisions with respect to the Company’s products; continued competitive pressures in the marketplace; the ability of the Company to deliver to the marketplace and stimulate customer demand for new programs, products, and technological innovations on a timely basis; the effect that product introductions and transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company’s gross margin; the inventory risk associated with the Company’s need to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company’s business currently obtained by the Company from sole or limited sources; the effect that the Company’s dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured or services rendered; risks associated with the Company’s international operations; the Company’s reliance on third-party intellectual property and digital content; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; the Company’s dependency on the performance of distributors, carriers and other resellers of the Company’s products; the effect that product and service quality problems could have on the Company’s sales and operating profits; the continued service and availability of key executives and employees; war, terrorism, public health issues, natural disasters, and other circumstances that could disrupt supply, delivery, or demand of products; and unfavorable results of other legal proceedings. More information on potential factors that could affect the Company’s financial results is included from time to time in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s public reports filed with the SEC, including the Company’s Form 10-K for the fiscal year ended September 29, 2012, its Form 10-Q for the quarter ended December 29, 2012, its Form 10-Q for the quarter ended March 30, 2013, and its Form 10-Q for the quarter ended June 29, 2013 to be filed with the SEC. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.

Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its revolutionary iPhone and App Store, and is defining the future of mobile media and computing devices with iPad.

LG Brings Curved OLED TV to U.S. Consumers

Source: LG Press - Press Releases - July 23, 2013 
LG Brings Curved OLED TV to U.S. Consumers 
With the First OLED TV to Debut in America, LG Takes Early Lead in Next Generation of Home Entertainment
SEOUL, July 23, 2013 — LG Electronics (LG) today introduced the first OLED TV for sale to customers in the United States, becoming the first TV manufacturer to bring the next generation technology to the largest premium TV market in the world. First unveiled at the 2013 Consumer Electronics Show in Las Vegas, LG’s CURVED OLED TV (Model 55EA9800) will be available exclusively at Best Buy, the world’s largest consumer-electronics retailer store.
“We are fully committed to bringing next generation technologies to the global market,” said Havis Kwon, President and CEO of LG Electronics’ Home Entertainment Company. “The next-generation display technology and the advanced ultra-thin curved design in the LG CURVED OLED TV represents a new era in home entertainment. It must be seen to be believed.”
Global demand for OLED TV is expected to grow to more than 7 million units by 2016, according to DisplaySearch. LG is the first company to commercialize both the flat screen OLED TV, which went on sale in Korea in January, and the innovative new CURVED OLED TV, which began sales in Korea in April.Availability of the CURVED OLED TV in other markets will be announced at a later date.
Featuring a gently curved screen and LG’s own WRGB OLED technology, the CURVED OLED TV offers exceptional picture quality and an immersive viewing experience. The cutting-edge TV has been awarded the prestigious Red Dot: Best of the Best honor and is recognized by respected international product testing and certification bodies TÜV Rheinland, Intertek and VDE. The LG 55EA9800 is also the first OLED TV in the world to receive THX certification.