HOBI News of the Week 8/15-8/19

Here is a recap of the HOBI blog for the week of 8/15-8/19 Apple’s slowing sales indicate growing smartphone lifecycle Earlier this month, Apple announced device upgrades customers can expect in the iPhone 7. The official device launch is set for the traditional month of September, but there is significantly less consumer excitement following the…

HOBI News of the Week 7/25-7/29

Here is a recap of the HOBI blog for the week of 7/25-7/29 Apple announces sale of one billionth iPhone Yesterday morning, Apple announced the sale of its one billionth iPhone. While this news shows the iPhone still remains a popular option among consumers, but iPhone sales have been falling for two consecutive quarters. Counterfeiting…

Samsung sees highest quarterly earnings in 2 years

Samsung’s reported second-quarter earnings indicate consumers are still willing to spend on innovative smartphones. This is a positive development after a forecast of slowing smartphone sales in years to come. Samsung reports an overall 17 percent profit increase since last year. Their Q2 earnings reached $7 billion, the highest quarterly amount in two years. Along…

Consumers are holding onto mobile devices for longer than ever

American citizens are now using mobile devices for longer period times than ever, the Wall Street Journal reports. The increasing amount of time between consumer phone upgrades is attributed to carriers’ abandonment of the traditional subsidized model and consumers seeing less benefit in upgrading devices frequently. The overall phone-replacement cycle is estimated to reach 29…

2016 cyber security report card ranks enterprise IT and mobile vulnerabilities

Tenable Network Security released its annual cyber security assurance report card last week. This report uses the responses of more than 500 IT professionals in organizations of more than 1,000 employees. Tenable averages responses of the professionals and then “grades” according to cybersecurity issue, industry and country. Overall, the United States received a B-, with…