Apple's iPad Mini price: analysts called inflated

 Investors believe that the price of the new iPad Mini, Apple indicated overextending and under the category of cheap 8.7 inch plate this unit gets very conditional. 

According to independent experts, if Apple was going to do as a competitor to iPad Mini 7-inch Samsung Galaxy Tab or the Google Nexus 7, Apple has not happened since the iPad Mini is almost one and a half times more expensive than them, but to create some noise for sale 10 inch iPad company could.

Recall that during the presentation, it was announced that the price of the device is of $ 329, whereas most experts expected the iPad Mini will cost somewhere around $ 250, which is much closer to the competition. In most Apple justify calling iPad Mini tablet premium quality and price accordingly.

But investors did not share the Apple branding and at the end of the trading session on Tuesday, the paper companies have dropped in price by almost 4%, pointing to the disappointment of the Privacy Policy. Note that now the company is selling Amazon Kindle Fire tablet for $ 159 in the U.S., and Google Nexus sells 7 to $ 199. Both models are based on Android and have a 7-inch screen.

Germany's Siemens plans to give up the business of producing solar panels

Germany's Siemens plans to give up the business of producing solar panels, after the company hopes to develop alternative energy were not fulfilled, and the German government has rolled measures to support manufacturers of solar energy solutions.  The Wall Street Journal  tells on this day.

At Siemens said that the company is in talks with several potential buyers of the business. Siemens itself has got this area three years ago, bought for 418 million dollars Israeli company Solel Solar Systems and later adding her share of Siemens in the Italian Archimede Solar Energy. Then, Siemens announced that the company intends to become one of the world's leading solar energy.

Internet project Ancestry.com sold for $ 1.6 billion

Popular genealogy website Ancestry.com makes out a deal to sell its group of funds led by European private managed fund Permira for $ 1.6 billion, or $ 32 per share. On this day tells The Wall Street Journal.

Investors say the project Ancestry.com As popular works on a very niche market - finding relatives and close friends, as well as their ancestors, so when looking at new users of the resource in an apparent complexity, therefore, the growth prospects are not too large. The only obvious step for the development of the project is its international expansion. Now the project focuses mainly on the people of the United States and Canada.

Sources close to the deal said that the project was evaluated on top of the offer, so we can say that the previous owners Ancestry.com sold it at the highest price. In fact, Ancestry.com purchased at a 40% premium to the market value of the company.

Philips increases sales and net profit in third quarter

The last European electronics manufacturer Philips Electronics today released a report for the third quarter of this year, reporting an increase in sales to 6.13 billion euros, against 5.39 billion euros a year earlier. 

Ebitda Margin of the company has grown from 368 million euros to 450 million euros. As reported by the Philips, the increase was due to Ebitda positive results of the company in the division of health, household appliances, and service areas. Excluding operating payments Ebitda totaled 562 million euros.

Net income from continuing operations was € 170 million or 18 cents per share, compared with 130 million euros, or 8 cents a share, a year earlier. Ebitda margin of 13.5%.

ArcSoft Hot Media Products promotion

Best multimedia software at lowest prices: best deals, special offers, coupon and promo codes! Automn promotion: Hot Media Software by ArcSoft, Inc. at best price!

We prepared a special offer for You: we're giving away best multimedia software by ArcSoft, including photo and video editing software, 3D Blu-ray playback software and more multimedia solutions at 25% off the normal price until 11.12.2012. Used latest promo code and save up to $25.00 USD today!

Product included: TotalMedia Theatre 5 (All-in-one media player with cinema-like experience), MediaConverter® 7.5 (Support 100+ video formats conversion), PhotoStudio 6 (Powerful image editing application to enhance, manage, and print your digital photos).

Microsoft profits fall 22% before the release Windows 8

The world's largest software maker Microsoft today announced the receipt of quarterly results below estimate amid falling sales of new computer equipment, as well as the expectations of the market due to the release of the new flagship product Windows and Office.

Net sales declined to 4.47 billion dollars, or 53 cents a share, from 5.74 billion dollars, or 68 cents per share for the period July-September 2011. The actual results of the company were below Wall Street expectations. The company's sales fell by almost 8% to 16.0 billion dollars, compared with expectations at $ 16.4 billion.

The basic unit of Microsoft, is busy working on the operating system Windows, faced with the negative impact of declining demand for new PCs and notebooks, as well as a custom shift in demand towards tablets and smartphones. On the eve of analyst firm Gartner has published quarterly results in the PC market, saying that sales are down by 8.3% to 87.5 million units.

A British court will force Apple to improve the image of Samsung

Apple has not been able to challenge the verdict of the British court that Samsung tablets do not copy the appearance iPad, reports BBC News. The appeal was rejected by Apple on Thursday, October 18.

The decision of not guilty in July, Samsung made a judge of the High Court in London Colin Birss. He said that the Galaxy Tab and the iPad is similar, but the devices Samsung "not as cool" as the iPad, and they lack the "extreme simplicity" that is the tablet Apple.

The verdict of the British court has effect throughout the European Union.

Birss also ruled that Apple should fix the "defamatory impression" of Samsung, which could form the consumers because of litigation. It ordered Apple to place on the UK site, and in several British newspapers reported that Samsung is copying iPad. Message on the site must contain a reference to the decision of the court.

Google shares fell sharply after the early publication of the report

Shares of Google Inc., Owner of the largest Internet search engine, fell on October 18 at eight percent.

 According to The Washington Post, this happened after the early publication of the report for the third fiscal quarter of 2012 ended September 30.

Financial report came a few hours before the scheduled time. He was expected to be published after the end of trading. According to the newspaper, was published in error. According to the report, Google earnings for the third quarter amounted to 2.18 billion dollars, 550 million less than in the same period in 2011.

In the previous quarter, Google's net profit rose by 11 percent compared to the same period last year to 2.79 billion dollars.

After the publication of the report quotes the company fell sharply from 745.66 to 687.3 per share. At the time of closing, the value of securities reached $ 695, a decrease of 18 October to 8 percent.

Coca-Cola will invest $ 10 million in online music

Drink maker began talks to buy a stake in the online music service Spotify. It is reported by Sky News, citing sources familiar with the negotiations.

All of the assets of music service is $ 4 billion Thus, the drink maker is going to get a minority stake. Negotiations have not been completed, a decision on the deal can be made in a few weeks.

Currently, Coca-Cola and Spotify already have several joint online music projects. The main investor is a beverage manufacturer that is able to promote their products online with the music service. Cooperation agreement signed by the parties in April.