Tech Industry Troubled Over Immigration Ban
As President Trump’s proposed immigration ban roiled the country, the tech industry weighed in on whether this was good for business or for the country.
Over 120 tech companies, including Twitter, Google, Apple, Microsoft, HP, Intel and GoPro, filed an amicus brief with the federal appeals court that voices their opposition to the executive order.
The companies state in the brief: “The order effects a sudden shift in the rules governing entry into the United States, and is inflicting substantial harm on U.S. companies. It hinders the ability of American companies to attract great talent; increases costs imposed on business; makes it more difficult for American firms to compete in the international market-place; and gives global enterprises a new, significant incentive to build operations — and hire new employees — outside the United States.”
Apple Sold A Record Number Of iPhones Last Quarter
Apple sold more than 78 million iPhones in its fiscal 2017 first quarter, an all-time record for the company.
The company posted record quarterly revenue of $78.4 billion and all-time record quarterly earnings per diluted share of $3.36. These results compare with revenue of $75.9 billion and earnings per diluted share of $3.28 in the year-ago quarter.
iPhones accounted for $54 billion of overall revenue.
The iPad, meanwhile, did not perform as well: Apple sold 13.1 million tablets for the quarter ($5.53 billion in revenue), down from the 16.1 million it sold in the prioryear period. It sold 5.37 million Macs ($7.24 billion in revenue), and its services division accounted for $7.17 billion of quarterly revenue.
Its “Other” category, which includes the Apple Watch, Apple TV, Beats products, iPods, and Apple-branded and third-party accessories, recorded $4.02 billion in revenue. Apple doesn’t break out units in this category.
International sales accounted for 64 percent of overall revenue for the quarter.
Strong iPhone sales and Samsung’s Galaxy Note7 recall helped propel Apple into the No. 1 global smartphone seller position, according to Strategy Analytics.
Apple is also sitting on a $16 billion war chest of cash and cash equivalents, its Q1 report showed.
Sanduski Heading New, Broader Sharp Electronics
Sharp Electronics has combined its marketing, manufacturing and services units into a single new division headed by longtime industry exec Jim Sanduski.
Previously president of Sharp Electronics Marketing Company of America (SEMCA), Sanduski will now preside over the newly formed Sharp Home Electronics Company of America (SHCA).
SHCA is comprised of SEMCA; Sharp Manufacturing Company of America (SMCA); and the Services and Solutions Group (SSG), which have since been reclassified as departments.
The move represents the first major reorganization under recently appointed Sharp Electronics chairman/CEO Doug Albregts. It was designed to enhance the company’s U.S. home electronics business by improving operational efficiencies and boosting overall profitability, Sharp said.
Sharp Electronics is now majority held by Foxconn after the iPhone maker paid Sharp Corp. $3.8 billion for a two-thirds stake in the subsidiary last summer.
Mobile World Congress Coming To U.S.
A Mobile World Congress trade show will take place in the U.S. for the first time, the GSMA (Groupe Speciale Mobile Association) announced.
Held in partnership with CTIA, GSMA’s Mobile World Congress Americas 2017 will be held Sept. 12-14 at the Moscone Center in San Francisco. The theme for the inaugural show, which is geared toward the mobile telecom industry, will be “The Tech Element.”
Show organizers said they expect more than 1,000 companies to participate and over 30,000 attendees.
The show will feature keynotes, conferences and summits that focus on consumer IoT, connected vehicles, virtual reality and technology in media, among other topics.
Companies already confirmed include AT&T, Ericsson, Huawei, Nokia, PayPal, Qualcomm, Samsung, Sprint, TracFone Wireless, Verizon and ZTE.
GSMA is a member group for the mobile operating industry, representing nearly 300 companies. It produces the Mobile World Congress shows in conjunction with CTIA, an association that represents the U.S. wireless communications industry.
The flagship Mobile World Congress takes place annually in Barcelona and will be held Feb. 27-March 2 beginning later this month.
Newegg Extending Indiegogo Partnership For Start-Ups
Newegg, the leading tech-specific online-only retailer, is about to take its Indiegogo partnership to the next level.
The e-tailer, which has been supporting 20 campaigns on the crowdfunding platform since June, will present products from the first 11 proto-companies on a dedicated landing page this quarter.
Items include CarVi, a combination dash camera and driver alert device ($300); Ultraloq, a Bluetooth-enabled fingerprint and touchscreen smart lock ($320); and Qlipp, a tennis racket sensor attachment to help players improve their game ($99).
Newegg has provided the new businesses with social exposure; guidance on go-to-market and sales strategies; and assistance with order fulfillment, shipping and logistical options to help get their products into customers’ hands quickly and efficiently.
Each of the initial 20 campaigns had successfully met their funding goals, Newegg said, and more than 100 additional Indiegogo entrepreneurs are currently under consideration for the program.
A preview of the first round of Indiegogo-spawned products, along with details on joining Newegg’s program, can be found here.
Newegg is not alone in mining start-ups for tech gold. Among others, Best Buy, through a partnership with start-up accelerator PCH, has created an Ignite program to fast-track innovative new products, while Amazon has nurtured business newbies for the past two years through its Launchpad platform.
Cohn Named Sales Senior VP At Samsung
Phil Cohn has been named sales senior VP for Samsung Electronics America’s consumer business division.
He will report to Joe Stinziano, executive VP of the division.
Cohn joins Samsung with over 25 years of consumer electronics, retail and entertainment industry experience. He was previously sales and corporate marketing executive VP at TouchTunes Interactive Networks, and he’s also held positions at Sony Electronics, D&M Holdings and Barnes & Noble.
“As Samsung continues to deepen its relationships with retailers, we look to strategic industry experts like Phil to drive the growth of our product portfolio in today’s dynamic marketplace,” said Stinziano. “Phil has extensive expertise in managing large sales organizations and delivering top-quality results. With his experience and leadership skills, we look forward to his contributions as we continue to address the evolving needs of our U.S. customer base.”