Featured Articles

5th Generation Broadwell 14nm family comes in three lines

5th Generation Broadwell 14nm family comes in three lines

Intel's 5th Core processor family, codenamed Broadwell, will launch in three lines for the mobile segment. We are talking about upcoming…

More...
Broadwell Chromebooks coming in late Q1 2015

Broadwell Chromebooks coming in late Q1 2015

Google's Chromebook OS should be updating automatically every six weeks, but Intel doesn't come close with its hardware refresh schedule.

More...
New round of Nexus phone rumour kicks off

New round of Nexus phone rumour kicks off

Rumours involving upcoming Nexus devices are nothing uncommon, but this year there is a fair bit of confusion, especially on the…

More...
Nvidia officially launches the 8-inch Shield Tablet

Nvidia officially launches the 8-inch Shield Tablet

As expected and reported earlier, Nvidia has now officially announced its newest Shield device, the new 8-inch Shield Tablet. While the…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 01 February 2013 10:34

Audience does well

Written by Nick Farrell



Who needs Apple?


After being written off by the Tame Apple press after losing its contracts with Jobs’ Mob, the sound outfit Audience is making a real killing.

Audience, which went public in May 2012, saw its stock slump 58 percent last September on news that Apple was going to drop its noise-filtering technology in future iPhones, including the iPhone 5. However it looks like losing Apple was the best thing that ever happened to Audience.  The company turned in a quarterly revenue well above Wall Street's expectations, helped by more business from Samsung and other smartphone makers.

Shares of Audience jumped 24 per cent in after hours trading, after shareholders worked out that the company never really needed Apple after all. In fact with Apple losing value faster than a cheap lollipop, Audience is better off with Samsung. The company announced that it expected revenue between $43 million and $46 million in the March quarter, versus analysts' average estimate of $31.8 million.

Audience executives said that more business from Samsung and other smartphone makers would offset dwindling revenue from Apple as fewer and fewer older iPhones that use its technology are sold.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments