06-14-2016, 11:18 PM
OPPO, the fast-rising Chinese smartphone maker that targets younger buyers, has sold an unprecedented number of its newest marquee devices in the three months since launch. Guangdong OPPO Electronics Co., ranked fourth in worldwide smartphone sales in the first quarter, has sold 7 million of the R9 since its March debut. Figures for the device, which sells for 2,799 yuan ($425), were announced at a media event in Shanghai. OPPO is one of a coterie of Chinese smartphone makers aggressively grabbing market share from the likes of Samsung Electronics Co. and Lenovo Group Ltd. as the industry undergoes its worst downturn on record. Cheaper yet reliable phones priced at around 3,000 yuan, large marketing budgets and a rapid expansion of distribution -- including through physical stores -- have fueled its ascendancy.
Chinese Upstart OPPO Scores a Hit With Newest Marquee Phones - Bloomberg
Apple made a big deal at the event about how it now has four main computing platforms: one each for wearables, smartphones, desktop computers, and big screens like televisions. But Apple actually sneakily introduced even more new platforms on Monday. In addition to the big ones for maps, Siri voice assistant, and messaging, Monday's keynote heralded the official arrival of HomeKit for smart-home notifications, one-touch checkout for Apple devices on the web, and the phone app as an interface for other apps.
Apple WWDC 2016 recap and analysis - Business Insider
A law firm that specialises in contesting claims for children with special educational needs (SEN) has apologised after publishing a series of tweets that appeared to gloat at parents. Baker Small, a law firm that acts for local authorities, triggered widespread anger among parents of children with disabilities with the remarks made on social media on Saturday. The firm subsequently deleted them and made a donation to charity. One of the tweets said: “Crikey, had a great ‘win’ last week which sent some parents into a storm!”
Fury as law firm boasts of 'great win' over parents of vulnerable children | Law | The Guardian
Canada's latest jobs report crushed it. The Canadian labor market added 13,800 jobs in May, above expectations of 1,800. The report noted that full-time employment surged by 61,000 last month, but this increase was offset by a decline of 47,000 in part-time work.
Canada jobs report May - Business Insider
Apple Inc. (AAPL) rallied off a two-year low at 90 in May and lifted into the April 27th gap between 99 and 104 two weeks later, stalling at the 50% retracement of the April into May selloff. That level roughly marks the 50-day EMA and the psychological 100 level. It pulled back for a week and found support under 97, bouncing into a test of triple digits in Thursday’s session.
Apple Rally Failing to Attract Strong Hands (AAPL) | Investopedia