Archive for July 19, 2009

Intel posts $8 billion revenue for Q2

Posted: July 19, 2009 in Tech

Intel Corp has reported better-than-expected $8 billion revenue for the second-quarter, signifying better demand for PCs in the Asia Pacific and China.

Intel’s revenue results for the second quarter has become like a silver lining in the dark clouds as analysts had expected sales worth $7.28 billion.

It also signalled that Q3 revenue would hit $8.1bn to $8.9bn, compared with analysts’ average forecast of $7.82bn.

Intel’s strong showing came despite what it described as weak demand from the corporations that traditionally are big buyers of computer equipment.

Data compiled by research group NPD reveals that revenue from the US video-game sales plunged 31% to $1.17 billion in the month of June as compared with $1.7 billion in the last year.

A fall of 29% has been witnessed in the sales of game software, which dropped to $625.8 million. On the other hand, sales of hardware plunged 38% to $382.6 million. Sales of game-related accessories fell 22%.

On the whole sales of video games dropped 12% in the running year till date.

Orthopedic specialists have now reported that another body part – the elbow – may also be bearing the brunt of prolonged mobile phone use.

The doctors have recognized a condition that is being called “cell phone elbow,” or the cubital tunnel syndrome, whereby a crucial nerve in the arm of the patients gets damaged due to ‘too tight and too long’ bending of their elbows in a particular position while using the phone.

Doctors said that users stretch the small finger-controlling nerve, beneath the funny bone, and staying in that particular stretched-nerve position for a long time while chatting on the phone, results in the “choking of the blood supply to the nerves. It makes the nerves short-circuit, leading to a tingling in the ring and small finger.

A study conducted by CCS Insight revealed that users are increasingly using their handsets for surfing the web, with around one in five respondents claiming that they usually log on to their preferred social networking platform many times a day.

The study further reveals that mobile web space is largely being dominated by the social networking phenomena, which includes sites like Twitter and Facebook’ with as many as a third of youths frequently accessing these sites using their handsets

The survey involves more than 1,000 people between 16 and 35, and quoted social networking sites as the key driving factor behind mobile internet-services take-up.

Olympus has now introduced a new model in the category, the Tough-6010. The 12 megapixel Tough-6010 is shockproof, waterproof, and freeze-proof – just like the rest of the Tough series.

In addition to being freeze-proof to -10 C, it is waterproof to 3m and provides shockproof protection against drops of up to 1.5m on standard test conditions.

The camera features a 2.7-inch HyperCrystal III LCD, measures 95 x 63 x 22 mm and weighs 149g.