Thursday 27 September 2012

iPhone 5: Apple sells 5m in first three days!

In the first three days of the launch Apple had already sold five million iPhone 5s, but unfortunately it didnt meet the expectations of the company. Although, it did break Apple's record from its last launch of the iPhone 4s; last year Apple sold about 4 million iPhone 4S' in its opening week and this year the iPhone 5 sold a million more. But this could be because the new device had a bigger launch being available in 2 more countries then it's last launch. Moreover more than two million cutomers pre-ordered the iPhone 5 beating the 4S twice over. "Demand for iPhone 5 has been incredible, and we are working hard to get an iPhone 5 into the hands of every customer who wants one as quickly as possible," said Apple chief executive Tim Cook. At the moment only nine countries are selling the iPhone 5 but that would hopefully expand by the end of the year to more than 100."On any metric, this is a success. It's one million more units than last time. But this is Apple, and given the expectations on this company, they have to not just set records – they have to smash them."- Collin Gills, a technology analyst in New York. It was expected by Apple to sell 25 million devices in September but because a lot of people already have smartphones the market is slowing down and Apple may not hit its targets.
"By mid-morning, Apple's shares had fallen $10 to $690.09. The shares closed the day down $9.30 at $690.79."

In my opinion i agree with Collin Gills, because of Apple's immense reputation they should be exceeding their targets exponentially, but then again the craze for smartphones has decreased and some people just wouldn't want to spend an extra £500 for a phone that they dont really need because they already have a phone that caters to their needs. The release of the iPhone 5 didnt do as great but it didn't fail so I'd still call it a success! :)

Wednesday 26 September 2012

Facebook

  • Who owns the site?
Created by Mark Zuckerberg. Owned now by Facebook, Inc.
  • What other internet sites do they own?
Instagram for $1 billion
  • What is its revenue?
$3.71 billion (2011)
  • What is its overall worth?
$50-$65 billion
http://articles.cnn.com/2011-03-08/tech/facebook.overvalued_1_mark-zuckerberg-facebook-worldwide-users?_s=PM:TECH
  • Research five key facts about the institution.
  1. Launched in 2004, in 5 years became the worlds most used social working site.
  2. In May 2011 facebook lost 7million users.
  3. Critics say that it has become a national obsession.
  4. 7.5 million users are under 13 which are against the site's terms of service
  5. More than halve the users (955million) use  Facebook on a mobile device.
  • Find three quotes (with references) about the institution.
"Facebook is a great social networking website with plenty of networking options, and with the open source apps and friendly atmosphere you really can’t go wrong." - Top 10 reviews
http://social-networking-websites-review.toptenreviews.com/facebook-review.html

"Facebook can be thought of as your home on the Internet."
http://webtrends.about.com/od/socialnetworking/a/why_facebook.htm

"My family lives far away, and Facebook helps me connect with a lot of people that I haven't seen in years. It also helps me to socialize with my friends, which I think is really cool."
  • Summarise two linked Wikipedia articles (5 bullet points each)
Face book is a social networking site
Its the number 1 worldwide social netwrk with over 955million users
Facebook was founded by Mark Zuckerberg with his college roommates and fellow students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes
The site was orginally only meant to be used by Harvard Students but later expanded in its success.
  • Post up an infographic about the company.

  • Embed a YouTube video about it (summarise 5 key points).
Is Facebook Violating Your Privacy? - What the Government Should Do About Facebook
(Warning: Strong Language)

The video basically talks about privcy and how to avoid it. Facebook always has privacy issues; they leak private information to corporations and advertisers. If people have things to hide then they should just get off the site and delete their accounts. He also says that it is not the goverments job to protect your information from being seen.