Tag Archives: glw

People might not wait for Apple iWatch after seeing Moto 360

The most anticipated smartwatch that isn’t Apple’s (AAPL) iWatch, Motorola’s Moto 360, is set to hit the market soon for $250, according to details inadvertently posted to Best Buy’s website. The Moto 360 features a round display like a traditional watch face and has a leather watch band. Previous smartwatches, such as Samsung’s Galaxy Gear, were criticized for their bulky, inelegant designs. The Moto 360 runs on the Google (GOOGL) Android Wear operating system. Details about the Moto 360, including its price, were accidentally leaked by Best Buy (BBY) on Sunday when it posted the product on its website, according to Droid Life. The retailer later removed the webpage. The Moto 360 will sport a 1.5-inch backlit LCD touchscreen display with Corning (GLW) Gorilla Glass protection. The wearable device weighs 2.1 ounces. By comparison, the Gear 2 Neo, a second-generation Samsung smartwatch, features a 1.63-inch square display and weighs 1.9…

Corning Stock Cracks On Q2 Earnings Miss

Corning (GLW) shattered its recent winning streak on the stock market after posting second-quarter earnings early Tuesday that missed Wall Street estimates. The maker of specialty glass was hurt by lower demand for its Gorilla Glass, which is used in smartphones from Apple and Samsung. The Corning, N.Y.-based company earned 37 cents a share excluding items in the June quarter, up 16% from Q2 2013, but that missed analyst estimates by a penny.

Apple readies scratch-proof screens for iPhone 6

Good news for people who are tired of their iPhone screens getting scratched by their car keys: Apple is preparing to use super-tough, scratch-resistant sapphire displays on the upcoming iPhone 6. Cowen analyst Timothy Arcuri says his supply-chain checks in Asia indicate that Apple (AAPL) will be using sapphire crystal displays for both sizes of its rumored larger-screen iPhone 6, but not all versions. He has seen evidence that versions of the 4.7-inch model will use a mix of Corning (GLW) Gorilla Glass, the incumbent supplier, and new sapphire displays from its supply deal with GT Advanced Technologies (GTAT). At least one, if not all, versions of the jumbo-sized, 5.5-inch iPhone 6 will use sapphire displays, he said. Pricing will be tiered for the iPhone 6 models, he said, but it’s unclear whether the sapphire displays will be the basis for premium pricing. Like other analysts, Arcuri is expecting…