Samsung posts Q2 financial results, not as impressive but still higher

It’s that time of the year when companies are announcing their quarterly financial results left and right. We’re only interested in some of the top brands in the mobile industry today so after Google, we’re moving the spotlight on Samsung. The South Korean giant recently announced the second quarter financial results, showing us a three percent increase from the previous quarter. That may be a small percent but operating profit for Q2 was 6.9 Trillion KRW which is about $5.9 Billion. Total revenue reached 48 Trillion KRW ($41.28 Billion) from all of Samsung businesses.

Android Pay tipped for Google I/O unveiling

Sources have again surfaced, and they bring with them whispers of an upcoming "Android Pay" announcement at Google's I/O conference early this summer. Android Pay, should it come to fruition, will work exactly as you'd expect: it'll be used to accept payments in apps, and to pay for items in stores with a tap-to-pay arrangement and support for Android Pay. According to sources, Android Pay will likewise be built from the ground-up for Android devs, and will be, by the looks of things, a direct competitor to Apple Pay.

HP tipped to sell mobile patent portfolio

Desperate times call for desperate measures and it seems that HP has reached that stage indeed. The PC maker, who has been hard hit by a steadily declining PC market, is reported to be trying to regain some financial ground by selling off several mobile patents that it still holds.

Google Q2 2013 earnings trump 2012 with $14.11 billion in revenue

Amidst the smorgasbord of other earnings calls, Google has reported its second quarter results for 2013, showing a significant jump in revenue over the same quarter last year. The Internet giant saw revenue jump all over the board, with site, network, and other revenues representing increases over Q2 2012 ranging from 7-percent to 138-percent.