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Yahoo! Finance app redesigned for Android

Posted by wicked July - 31 - 2014 - Thursday Comments Off

If you’re in the finance industry or are interested or involved in the stock market, chances are you’d always want the latest updates even before you reach the office or a desktop. While there are many finance apps out there, it never hurts to try one that comes from known names in the industry. Yahoo! Finance has a shiny brand new app, completely redesigned for Android devices and will definitely come in handy for stocks whizzes out there.

As there are sometimes too many stocks to follow, you can save the ones you’re interested about on your watch list. The app will then give you relevant information and news regarding those on your list. And of course, the information and updates you’ll be receiving are in real time, as this is a crucial aspect in this industry. You can even go beyond just the stock information and the app will give you information about currencies, industries and commodities.

The app also includes interactive charts and graphs that can help you analyse better the trends and information. If you view your phone sideways or in landscape mode, then you’ll be able to fully appreciate the full screen charts. You can also set up the app to send you push notifications on things like breaking news for the stocks that you want to follow.

To help you find finance-related news stories better, they’ve also added a news tab that will constantly be updated with stories that you need to know, based also on the information and preferences that you input in the app. You can download the new Yahoo! Finance app for free through the Google Play Store.

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SOURCE: Yahoo

Yahoo Finance gets redesigned with new interactive graphs and real-time quotes

Posted by wicked July - 30 - 2014 - Wednesday Comments Off

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If you need a new finance application to try, Yahoo Finance will probably get you hooked. Yahoo has completely redesigned the app to be much more appealing and intuitive. Users can now naturally interact with graphs to get more out of them rather than looking at a shallow piece of information. Also, Yahoo Finance is allowing users to add to a watchlist in order for real-time quotes and news to ticker in. As expected, users can make use of push notifications for breaking news regarding owned stocks. And it would not be a redesign without a user interface overhaul.

Hit the break for the gallery and download links.

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Travel Money – a powerful app to manage group expenses

Posted by wicked May - 15 - 2014 - Thursday Comments Off
Travel Money - Payments on a Map



Travel Money has some powerful features for keeping track of expenses you may split when traveling with a group of people. It supports multiple currencies and spending statistics. Read this review to determine whether it will help you stay on track of expenses on your next trip! Price: Free, $2.49 Tested on: Samsung Galaxy S4 Content… View Article

Travel Money – a powerful app to manage group expenses is a post from: AndroidTapp

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Samsung forecasts decline in operating profits

Posted by wicked April - 8 - 2014 - Tuesday Comments Off

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It’s financial statement season and Samsung is the next technology company to announce that it’s experiencing tougher times.

Samsung Electronics has revealed that it expects to make an operating profit of 8.4 trillion won in the quarter for January to March this year, that’s approximately $7.9 billion or £4.8 billion. Whilst that still looks like a healthy level of income, this result would mark a 4 percent decline in profit compared with the same period last year. Not only that, but Samsung faced a similar 6 percent decline in operating profit in the previous quarter as well.

Whilst Samsung may not be struggling with quarterly losses like HTC, there seems to be a squeeze on profits across the technology sector, particularly in the mobile space. Some analysts attribute this to declining margins in the smartphone market, as well as a general lack of growth in the premium sector of the market. The smartphone business is as competitive as ever, but cost cutting in the pursuit of capturing and maintaining market share is having a negative impact on profits.

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Unlike some other smartphone manufacturers, Samsung’s diverse range of products is helping to see the company through the smartphone squeeze. The stock price remains near its high.

Of course, these figures don’t take into account the global launch of the company’s new flagship Galaxy S5, due to go on sale on April 11th, which is sure to have a positive impact on Samsung’s revenue and profit margins. We have already seen that the handset has made a strong start in South Korea, despite the partial sales ban. However, the Wall Street Journal is not particularly optimistic about the Galaxy S5’s sales expectations, given the mixed reception of some of the handsets features, or lack thereof.

“What Samsung needs to do this year for additional growth are things like cost reduction and reducing marketing costs,” Greg Roh, HMC Investment and Securities.

To Samsung’s credit, the company is already diversifying always from the stagnating smartphone market, a move which could help it maintain a healthier profit margin than the competition, see growth in areas such as wearables for example. We will just have to wait and see if the Galaxy S5 can surpass the last generation’s sales figures.








HTC Q1 Losses Climb to $62 Million, but March Revenue Improves

Posted by wicked April - 7 - 2014 - Monday Comments Off
HTC Q1 Losses Climb to $62 Million, but March Revenue Improves


HTC posted its Q1 2014 financials today, and they are decidedly mixed. The company’s profits were less than investors expected, but one-month revenue rose incrementally after 28 consecutive months of declines.

The company’s first-quarter loss was NT$1.88 billion, which amounts to $62 million. That is worse than the Bloomberg-compiled analyst estimate of NT$1.59 billion loss and HTC’s own Feb. 10 forecast of NT$860 million. Revenue for the quarter fell to NT$33.1, down from $NT42.8 billion last year. 

However, HTC reported that March revenue was up 2.16% year-over-year.

A few investors are wary that the critically well-received HTC One (M8) won’t be able to maintain selling momentum in the face of Samsung’s Galaxy S5, but Chief Financial Officer Chang Chialin said that a focus on mid-range devices this year would help to buoy profitability.

As for our opinion, if the company plans to remain afloat on mid-range devices, 2014 could be quite a long financial year for the Taiwan-based OEM. Although, the Moto G, Motorola’s budget-friendly smartphone, is reportedly its most successful device ever. Maybe HTC can pull something off, too.

Via: HTC [2] | Bloomberg

HTC Q1 Losses Climb to $62 Million, but March Revenue Improves is a post from: Droid Life

HTC sales slowing, profitability hinges on the new One (M8)

Posted by wicked April - 7 - 2014 - Monday Comments Off

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Cast your mind back to last year, and the launch of the original HTC One (M7), and you may recall that HTC’s financial forecasts were looking a little shaky. Several important company figures resigned over the situation, including the Chief Operating Officer Matthew Costello. Since then, things have been a little steadier over at HTC, but the company still hasn’t seen a return to its prime.

The company’s sales slowed again ahead of the launch of the new HTC One (M8), which resulted in the company posting its second loss in three quarters. The company’s Q1 2014 loss amounted to NT$1.88 billion ($62 million), which is slightly worse than many analysts’ expected average loss of NT$1.71 billion, and right in the middle of HTC’s own February 10th forecast loss of between NT$860 million to NT$3.11 billion. Even more worryingly, revenue for the quarter fell to NT$33.1 billion, down from NT$42.8 billion over the same period last year.

“The company expects to see positive trajectory of its revenue in April from March and forecasts quarter-on-quarter revenue growth in the second quarter,” HTC

On the plus side, HTC’s March sales figures grew by 2.2 percent over the previous year, and HTC is predicting a return to profit next quarter, based on sales from its newly launched HTC One (M8). However, an analysts at SinoPac Financial Holdings Co. has suggested that, despite the positive figures for March, HTC’s sales are weaker than the company anticipated.

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HTC’s stock value has taken a battering over recent years, with new devices doing very little to calm investor nerves.

Considering that HTC has just released a range of new products, the next quarter’s earnings report is going to be a crucial one for the company. HTC will be holding its next earnings call in early May, where sales of the new flagship HTC One (M8), as well as mid-range products like the Desire 816, will be a deciding factor in determining whether HTC is capable of turning its fortunes around.

If all this seems familiar, we were saying virtually the same thing with last year’s launch of the original HTC One (M7), which turned out not to change that much for the company.

“The important thing to watch will be whether they can sustain sales into the third month after M8’s product release,” Birdy Lu

Despite a strong line-up of handsets, HTC still appears to be struggling to carve out a large enough market for itself to compete with the likes of Samsung. What do you makes of HTC’s odds of turning things around with its new line-up of handsets?








T-Mobile’s growth in the US mobile industry is amazing

Posted by wicked March - 21 - 2014 - Friday Comments Off

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In the United States, the cell phone industry is one of the hardest duopolies to break. AT&T and Verizon have secured around 75% of the smartphone market. Yet, T-Mobile has done just about the impossible and shown remarkable growth in 2013 and promise for 2014.

At the end of 2012, T-Mobile was down 9.8% and coming off their worst point of revenue growth along with being the only major company not offering the iPhone. Fast forward one year and T-Mobile has grown 8.5% to approximately 46.7 million customers. To put that in perspective, you will not find any other company growing that much in the same time frame. In fact, AT&T has been hovering at the 4% mark, Verizon around 8%, while Sprint is staying at approximately 0.5%. So, while other mobile companies had service revenue staying stagnant, T-Mobile showed positive results.

T-Mobile did it by ending early-termination fees for those switching to another carrier, allowing users to upgrade their smartphone anytime they want (in their “Jump” plan”) and with their Value Plans. Even with revenue increases of 10.3% to $6.83 billion, T-Mobile has received a mild response from Wall Street which had multiple agencies predicting revenues above $6.90 billion.

Either way, T-Mobile’s customer growth was fantastic with a reported 1.6 million net customer additions in the fourth quarter and gross customer additions up 80 percent in 2013. If we include the acquisition of MetroPCS Communications, T-Mobile added 4.4 million total customers in the fourth quarter of 2013. Citigroup’s Michael Rollins has noted that because T-Mobile had added 1.65 million subscribers in the Q4 of 2013, it was their “best branded postpaid performance in eight years,” at 869,000 net additions.

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By the way, does anyone remember the doomsday scenarios that AT&T and their paid minions stated would occur if T-Mobile didn’t merge with AT&T under the $39 billion dollar deal?

Customers will be harmed and needed investment will be stifled.” – AT&T after their announcement that the merger with T-Mobile was dead”

Well, this week we learned that T-Mobile’s valuation has been recently raised to around $49 billion. Funny what happens when a company actually invests in improving their network and rethinking their strategy in the wireless marketplace.


    







Samsung’s yearly profits up 27% after strong mobile growth

Posted by wicked January - 24 - 2014 - Friday Comments Off

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It’s the time of the year when companies publish their earnings reports for the previous year. Most recently Samsung took its turn to let investors know how the company has performed throughout 2013, and it appears that Samsung is having some mixed fortunes.

Samsung’s financial report shows, as predicted, that the company’s fourth quarter operating profit held steady compared with Q4 2012, quarter on quarter profits fell slightly, whilst yearly operating profit rose by 27%.

Despite the fall in quarterly operating profit, Samsung’s Q4 2013 sales revenue was actually up by just over 3 trillion Won ($2.8 billion) compared with Q4 2012, and yearly sales grew by a very healthy 27.6 trillion Won ($25 billion).

Looking more specifically at the company’s mobile operations, year on year revenue was up a very healthy 32%, however going from Q3 to Q4 2013 Samsung’s mobile sales actually declined by 9%. A slightly worrying sign considering that Q4 is usually a time when consumers are willing to spend a little more money.

Samsung sales and profits 2013

Operating profit was even worse off, suffering an 18% decline in the mobile communications department during the fourth quarter. However, Samsung was keen to explain that this decline in profitability was more a result of marketing costs and “year-end inventory adjustments” which lowered shipments and affected profits. Samsung points out that its smartphone and tablet sales are stronger than ever, and on a year by year basis that is certainly the case.

In future Samsung is aiming to curb its marketing costs in order to realise a greater profit on its growing mobile sales. Senior Vice President Kim Hyunjoon told analysts that:

we will try to raise the efficiency of our marketing spend and lower our overall mobile marketing budget to revenue this year compared with last year

Mr Hyunjoon believes that one way to do this may be to obtain coverage through sponsoring global sports events, such as the Sochi Winter Olympic games, rather than by direct marketing. We’ll have to wait and see exactly what this means for this year’s upcoming devices.

Overall 2013 was another positive year for Samsung, and with the Galaxy S5 waiting just around the corner 2014 will likely be another financially strong year.


    







Level is a visually pleasing finance app that links to your bank account

Posted by wicked January - 17 - 2014 - Friday Comments Off

Didn’t really care for any of the apps we suggested for managing your budget? Level Money is another budgeting app, but this is probably the most uniquely designed one. The developer says “Level is the radically simple, digital equivalent of opening up your wallet to see what you can spend today, this week, or this month.” After linking your bank account(s), Level detects income and fixed expenses; therefore, users always know where they stand.

Hit the break for a video, gallery, and download links.

Click here to view the embedded video.

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Level Comes to Android, a Pretty Way to Manage Spending Money

Posted by Kellex January - 16 - 2014 - Thursday Comments Off

Level, a popular iOS financial management app, is now available on Android for those of you looking for help with monthly spending money. Level connects to the top 100 banks in the U.S. (also does savings and credit cards), reads transactions and bills, figures out what you are spending money on, and calculates leftover cash for you to use for the things that bring you joy in life. It’s an automated money management system that also looks quite pleasing. 

Once you setup Level with your bank account, it claims that you won’t have to touch it again as it is constantly learning from your spending habits. The longer you’ve used it, you’ll start to see how much money you have left to spend on yourself by the day, week, or month. It also has a tablet layout.

Oh, Level should “always” be free too.

Play Link