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GameStop results beat as mobile sales rise

(Reuters) - Video games retailer GameStop Corp's quarterly profit beat estimates for the fourth consecutive quarter, suggesting that its strategy of expanding its digital and mobile offerings is paying off in a tough video-gaming environment. Sales of video game hardware and software sales have dropped as gamers lean towards lower-priced online offerings on tablets and smartphones. However, GameStop has managed to buck the trend by selling new and used games to console owners and iOS and Android devices in some stores.

Report: Apple integrating Flickr and Vimeo into next iPhone operating system

Adding support for Flickr and Vimeo would allow iPhone users to post and share content from third-party apps to the social networks in the same vein as they already can with Facebook and Twitter. According to a source familiar with ongoing developments, the changes are expected to debut in June with the release of iOS7, the latest wholesale update to Apple's mobile operating system.

Report: Apple integrating Flickr and Vimeo into next iPhone operating system

Adding support for Flickr and Vimeo would allow iPhone users to post and share content from third-party apps to the social networks in the same vein as they already can with Facebook and Twitter. According to a source familiar with ongoing developments, the changes are expected to debut in June with the release of iOS7, the latest wholesale update to Apple's mobile operating system.

Report: Apple integrating Flickr and Vimeo into next iPhone operating system

Adding support for Flickr and Vimeo would allow iPhone users to post and share content from third-party apps to the social networks in the same vein as they already can with Facebook and Twitter. According to a source familiar with ongoing developments, the changes are expected to debut in June with the release of iOS7, the latest wholesale update to Apple's mobile operating system.

Lenovo quarterly profit rises 90 per cent as smartphone, mobile computer business expands

BEIJING, China - Computer maker Lenovo Group says its latest quarterly profit rose 90 per cent as sales of smartphones and mobile computing technology expanded. Lenovo Group said Thursday it earned $127 million, or 1.22 cents per share, in the three months ending March 31. Revenue rose 4 per cent over a year earlier to $7.8 billion. Lenovo ranks a close second behind Hewlett-Packard Co. as the biggest maker of personal computer makers but growth in that market has slowed as consumers shift to mobile Web surfing on smartphones and tablets.

Lenovo shares jump more than 4 percent after earnings beat forecast

HONG KONG (Reuters) - Shares in Chinese personal computer maker Lenovo Group Ltd <0992.HK> jumped more than 4 percent after it reported a forecast-beating 90 percent rise in quarterly profit, its fastest in seven quarters. The stock rose as much as 4.3 percent in afternoon trade to HK$7.49 after it posted net profit of $126.9 million in the quarter ended in March, up from $66.8 million a year earlier, based on Reuters calculations using full-year and nine-month financial data.

China's Lenovo buys and diversifies to outshine PC rivals

By Lee Chyen Yee and Umesh Desai HONG KONG (Reuters) - Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decades. Lenovo, a sliver away from unseating Hewlett-Packard Co as the world's top PC maker by shipments, posted on Thursday an estimate-beating 90 percent rise in quarterly profit, its fastest in seven quarters.

HP raises 2013 outlook as Whitman's plan takes hold

By Poornima Gupta SAN FRANCISCO (Reuters) - Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing services.

HP's 2nd-qtr report shows signs of further decay but offers hope of recovery; stock soars

SAN FRANCISCO - Hewlett-Packard is still scrambling to meet the growing demand for more versatile and less expensive mobile devices as a slump in its personal computer sales deepens, but the company's cost-cutting measures and focus on more profitable areas of technology appear to be easing the pain. The conflicting signs of further deterioration and potential recovery emerged in Hewlett-Packard Co.'s latest quarterly report released Wednesday.

Consumer Reports proclaims Samsung Galaxy SIV the best smartphone

Samsung's new flagship device, currently rolling out around the world, has stolen the title of best smartphone from LG’s Optimus G in Consumer Reports's latest round of testing. The US publication, which puts new devices through their paces in real-world rather than tech-world scenarios (for instance, looking at how simple is it to use, rather than how many cores its processor has) found that the SIV “delivered top-notch performance in the most critical areas of our tests, including the camera.”
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