The once-hot tablet market is slowing fast. Global shipments of tablets and 2-in-1 devices are expected to reach 234.5 million units this year, a modest 2.1% gain over last year, says research firm IDC. That’s down from 7.2% growth in 2014 and 52.5% growth in 2013, IDC said Thursday. The slowing growth comes on the heels of the first year-over-year decline in worldwide tablet shipments, in Q4. In terms of platforms, the Google (GOOGL) Android
All hail, the king of mobile games! King Digital Entertainment (KING) continued its reign atop the lists of highest grossing mobile video game companies in February. King was No. 1 in top-grossing games last month for Apple ‘s (AAPL) iPhone and iPad as well as Google ‘s (GOOGL) Google Play download store for Android smartphones and tablets. King was No. 1 across all platforms in January as well. London-based King had three of the top 10 titles on on all platforms with “Candy Crush,” “Candy Crush Soda Saga” and “Farm Heroes Saga.” Privately held Finnish game company Supercell was in second place and also had three of the top 10 titles with “Clash of Clans,” “Boom Beach” and “Hay Day.” Privately held Machine Zone of Palo Alto, Calif., came in third with just one game in the top 10, “Game of War: Fire Age.” Supercell and Machine Zone had competing…
Paying a dividend would light a fire under Google ‘s (GOOGL) stock, says Citigroup, which raised its price target on the Internet search leader on Friday, partly in anticipation of such a move. Google would also get a lift from “large strategic M&A,” says Citigroup. Google stock was flat in early trading in the stock market today, near 580. Citigroup analyst Mark May raised his price target on Google stock to 682 from 629. Google spent roughly $6