Editor’s Note: Related tickers: Research In Motion Ltd (NASDAQ:BBRY), CGI Group Inc. (USA) (NYSE:GIB), Open Text Corporation (USA) (NASDAQ:OTEX), Google Inc (NASDAQ:GOOG), Microsoft Corporation (NASDAQ:MSFT), Nokia Corporation (ADR) (NYSE:NOK), Apple Inc. (NASDAQ:AAPL), Constellation Software Inc. (TSE:CSU)
Canadian technology stocks are back in style (TheGlobeAndMail)
With the collapse of Nortel and the fall from grace of former market darling Research In Motion Ltd (NASDAQ:BBRY), the Canadian tech sector has almost vanished as a top-of-mind idea for investors. But tech stocks have quietly made a comeback, recently emerging as the unexpected hot spot in an otherwise lacklustre domestic equities market. Among the larger names, CGI Group Inc. (USA) (NYSE:GIB), Open Text Corporation (USA) (NASDAQ:OTEX) and Constellation Software Inc. (TSE:CSU) are all on a tear, with gains that have smoked most of the rest of market. Even more noteworthy, CGI Group Inc. (USA) (NYSE:GIB), which provides information technology to companies and governments, has overtaken Research In Motion Ltd (NASDAQ:BBRY) for the mantle of the country’s most valuable technology company in terms of market capitalization.
Blackberry Reportedly Ups Component Purchases Due To Increased Demand (Ubergizmo)
In a market filled with iOS and Android devices, we’re sure many are wondering about the fate of companies such as Research In Motion Ltd (NASDAQ:BBRY) who not only manufacture their own devices, but the software as well. As it stands we’re sure even the more ardent Blackberry fan will admit that Blackberry’s market share is only a fraction of iOS and Android, but we guess despite many who seem to think that Blackberry is headed towards failure, here’s a piece of good news. According to a report from Seeking Alpha, it has been suggested that Blackberry 10 sales are a lot better than Research In Motion Ltd (NASDAQ:BBRY) themselves have expected, to the extent where the Canadian company has increased the purchase of components to meet this unexpected demand.
Still no Google apps for Windows and BlackBerry phones (MySinchew)
Bad news for Windows Phone 8 and Research In Motion Ltd (NASDAQ:BBRY) device owners: Google Inc (NASDAQ:GOOG) still isn’t prepared to support either platform with dedicated apps. Speaking at this week’s D11 conference, Sundar Pichai, Google Inc (NASDAQ:GOOG)’s head of Android and Chrome, said that Google Inc (NASDAQ:GOOG) wouldn’t reconsider its position until the operating systems could boast more users. “For platforms that don’t have that many users at scale, we have great HTML5 apps. If they get more users, we will make apps,” he said. His comments highlight the real problem with the current state of the smartphone market. It doesn’t matter how well made or powerful a handset is, or how simple and intuitive its user interface, if its owners don’t have access to the latest and the best apps.
Windows and Android gain in UK mobile war (CityAM)
SALES of smartphones running Microsoft Corporation (NASDAQ:MSFT)’s Windows Phone software have reached an all-time high, while Android devices are enjoying their greatest share of the UK market for six months, according to new data. Figures published today by research group Kantar reveal that Windows Phone – the operating system championed by Nokia Corporation (ADR) (NYSE:NOK) – accounted for 8.4 per cent of UK sales in the three months to the end of April. Although this is far less than Google Inc (NASDAQ:GOOG)’s Android software – which enjoys almost 60 per cent of the market – and Apple Inc. (NASDAQ:AAPL)’s iPhone – which accounts for just under 30 per cent – the data makes clear that British consumers looking for an alternative have switched from buying Research In Motion Ltd (NASDAQ:BBRY) phones to Windows.
Here’s How Apple and Samsung Own the Smartphone Space (DailyFinance)
The global smartphone market has seen competition heat up significantly so far in 2013. Major names like Research In Motion Ltd (NASDAQ:BBRY) and Nokia Corporation (ADR) (NYSE:NOK), to name a few, have taken aim, yet again, to dent the stranglehold that Apple Inc. (NASDAQ:AAPL) and Samsung have on the market. The effect? Not a thing. It’s been well documented that the Apple Inc. (NASDAQ:AAPL)/Samsung duopoly in this space is as intact as ever. As we’ve seen repeatedly, Apple Inc. (NASDAQ:AAPL) and Samsung divided all the profits in the smartphone space once again in the first quarter of this year. Simply amazing.