Report: Smartphone Shipments Overtake PCs in 2011

The era of smartphones has officially arrived. More were shipped globally last year than client PCs for the first time ever, according to Canalys. Vendors shipped 488 million smartphones in 2011 as compared with 415 million PCs, the market research firm said Friday in a report on country-level smartphone and PC shipment estimates for the year.

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Asus ET2410ITUS-B018C

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Facebook Files for $5 Billion IPO

As expected, Facebook on Thursday officially filed an initial public offering (IPO), raising $5 billion, according to documents filed with the Securities and Exchange Commission. That document also revealed that the social network has been profitable for the past three years, bringing in revenue of $777 million in 2009, $1.974 billion in 2010, and $3.711 billion last year. It also has $3.908 billion in cash.

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Analyst Predicts Apple TV Set in Late 2012

In a Tuesday note to investors, Piper Jaffray analyst Gene Munster said Apple is likely targeting a late 2012 launch for its own TV set. Munster cited a major TV component supplier, which told Munster this month that Apple had contacted it "regarding various capabilities of their television display components."

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Motorola Droid Razr Maxx (Verizon Wireless)

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Olympus PEN E-PL3

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Report: New Barnes & Noble Nook Coming This Spring

Less than a month after the announcement that Barnes & Noble is considering spinning off its Nook business comes a rumor that the company is working on a new Nook device. In a Sunday article detailing Barnes & Noble's battle with Amazon, the New York Times hinted at a new e-reader that could appear within the next few months.

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Sony VAIO VPC-F23BFX

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12 Things You Should Know About Facebook Timeline

Facebook yesterday officially announced that over the "next few weeks" it will roll out Timeline to all users. This means Timeline, the reverse-chronological display of a user's history on Facebook and other life events, which replaces and combines a user's Facebook Wall and Profile, will become non-optional. Before Timeline strikes your Facebook account, there are a number of key things to know about the feature.

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TurboTax Premier Online (2011)

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HP Reveals WebOS Open-Source Timeline

Hewlett-Packard on Wednesday unveiled a timetable for the outsourcing of webOS, which it hopes to complete by September. HP also released version 2.0 of Enyo, the application framework for webOS. WebOS code will be made available under the Apache License, Version 2.0, starting with the Enyo source code, which was released today.

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Acer Aspire TimelineX 5830TG-6614

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Apple Reports Record Profits, Revenues, as iPhone, iPad Sales Double

Apple doubled its profits from a year ago, reporting a 73 percent jump in revenue as Apple sold more than double the amount of iPads and iPhones from a year ago. Apple reported net income of $13.06 billion on revenue of $46.33 billion, versus profits of $6 billion and revenue of $26.74 billion a year ago. Both are record highs, the company said.

Read more: Apple Reports Record Profits, Revenues, as iPhone, iPad Sales Double

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