Jan Dawson

Apple faces huge expectations with next iPhone

It’s the time of year again when the industry and Apple fans alike brace themselves for the launch of the next iPhone. This time the industry is expecting to see two devices launched – the iPhone 5S and the debut of a lower priced entry-level iPhone, expected to be named the iPhone 5C.

Microsoft takes $900m hit on Surface tablets

Microsoft’s foray into the hardware market is not going smoothly as it revealed in its quarterly results that it has taken a $900m charge related to inventory adjustments for its Surface RT tablet. The charge had an impact of $0.07 per share, the firm added.

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