The Ethernet switch market in the third quarter hit records for port shipments and revenue, thanks to 10GbE demand and products from HP, Juniper, Cisco and F5, according to DellOro Group. – DellOro Group analysts in February predicted the
Ethernet switching space would continue to expand in 2010, fueled in large
part by the growing demand for 10 Gigabit Ethernet technology both as a
connectivity technology for servers and as an aggregation tool in data centers.
Numbers
from the th…
There’s a double-dip in housing prices (and see this and this).As CNN points outs: U.S. home prices fell 2% in the third quarter after having gained steadily since early 2009.The S&P Case-Shiller Home Price Index has recorded gains in four of th…
More good news for Apple’s mobile devices as a report predicts iPhone and iPad dominance through 2011. – Based on continued strong sell-through trends for Apples iPad and iPhone, Canaccord Genuity technology analyst Michael Walkley said he believed Apple will maintain both market and value share leadership in the fast-growing mobile device market. Walkleys report maintained the firms “buy” rating for t…
Singapore Airlines (C6L.SG) +0.3% at $15.88, extending yesterday’s 2.7% rise which came despite news carrier setting aside $61.92 million this FY to pay fine in US relating to cargo price fixing investigation.
STI +0.5% at 3,198.07, roughly in middle of intraday 3,190-3,213 band, lingering around 3,200 mark from where analysts say more upside likely hard fought.
“Given that December is typically a quiet month, (U.S.) non-farm payrolls are coming out this Friday, and we already have people closing their books for the year, we’ll probably run into some resistance above 3200,” says analyst at local house.
The worldwide server market saw some of the fastest growth in 10 years during the third quarter, IDC said. HP and IBM were the top vendors during the quarter. – The worldwide server market saw revenues grow 13.2 and shipments jump 13.1 percent in the third quarter as demand for systems continued to increase worldwide, according to market research firm IDC.
Hewlett-Packard took over the lead in the server revenue space as businesses push for x86-based syste…
Singapore shares extending gains in late trade, drawing strength from advance in HK market, firm US stock futures, early gains in European bourses.
STI +1.0% at 3,175.85 vs flat at 3,143.77 midday; immediate resistance at 3,187 (Nov 23 high). Market breadth at more than 1.5 gainers for every decliner. Still, participation level low as volume so far only tad more than 1 billion shares.
Apple’s iPad is gaining market share on the Amazon Kindle in the e-reader category, according to a new survey from ChangeWave Research. – Amazon.com’s Kindle e-reader faces a growing threat from the Apple iPad,
according to a new survey by ChangeWave Research. After polling 2,800
consumers, the analysis firm concluded that the iPad’s share of the e-reader
market had expanded from 16 percent to 32 percent between August and November…
Shares of Amtek Engineering <AMEL.SI>, a Singapore-listed manufacturer of precision metal, plastic and rubber components, opened at $1.00 on their debut in Singapore on Wednesday, below the issue price of $1.30.
Amtek sold 200 million shares atS$1.30 each to raise $260 million.
HP in the third quarter led a growing server market that was fueled in large part by jumps in x86-based systems, according to Gartner. – Hewlett-Packard was the world’s top server vendor in the third quarter as
x86-based systems continued to drive growth in the space, according to market
research firm Gartner.
In
a report issued Nov. 29, HP garnered 32.1 percent of the revenue market
share generating in more than $3.9 billion du…
News Analysis: With more tablets coming into the market, their omissions are becoming more apparent. Thats why there are some features that should make their way to all tablets by 2011. – Tablets are quickly becoming important to both consumers and enterprise customers. And as time goes on, they will only be improved with more and more features that customers want. However, the tablet market, led by Apples iPad, is still missing out on some features that folks really want to get thei…
Google will start showing content ratings for all applications on Android Market, in an effort to improve the user experience, which has been lacking compared with Apple’s App Store. – Google Nov. 24 said it will start showing content ratings for all
applications on Android Market in the next few weeks.
Applications will be categorized according to All, Pre-teen, Teen and Mature,
with specific details on the rating levels located at the Android Market Help Center.
For examp…
Sabana Shariah Compliant REIT <SABA.SI>, which owns industrial properties, fell on its debut in Singapore on Friday, weighed down by jittery market sentiment.
At 2:05 p.m., Sabana REIT was traded at $1.00 with 15.9 million shares traded. The shares traded as low as $0.97 — 7.6% below the initial public offering price of $1.05.
Return on equity for Singapore market forecast to increase to 12.7% in 2011, 13.1% in 2012 from 11.5% this year, but could rise further if companies become more aggressive in managing capital, says Credit Suisse.
“We expect Singapore companies to revisit capital management activities in 2011, as confidence recovers further and their cash positions continue to pile up.”
CapitaLand, Singapore’s biggest developer, said government measures to curb property speculation are “incremental” and will help the real estate market development sustainably over the long term.
Singapore raised down payment requirements in August for second mortgages and imposed a stamp duty on homes held for less than three years to curb speculation after prices surged. It will sell 17 residential sites in the first half of 2011, matching the record land sales in the second half this year, it said yesterday.
“China continues to play a very important role but we do see Africa as up and coming,” Ng Joo Siang told Reuters in an interview.
