Tesco to launch own brand smartphone
Tuesday 06 May 2014
Tesco is seeking to replicate the success of its budget tablet, Hudl, by launching its own Android smarthphone before the end of the year.
Tesco boss Philip Clarke said the phone will be comparable with the Samsung Galaxy S5 and announced a second version of Hudl will be released later in September.
But the announcement was met with scepticism by a leading analyst who accused Tesco of creating a “sideshow” to divert attention from its plunging profits.
Shore Capital analyst Clive Black said: “Tesco is clearly taking the digital world seriously but such developments appear something of a sideshow from the implosion of its market share. It could introduce Hudl95 and it will not make a bit of difference to its market share or basket size.”
Rival Sainsbury’s will post its full-year results tomorrow. Chief executive Justin King is expected to address the supermarket price war kick-started by the rise of Aldi and Lidl in his swansong.
- 1 Isis 'jihadi bride' claims forced sex with Yazidi girls is never rape because Koran condones it
- 2 New Zealand 'the best country to work as a prostitute', says sex worker advocacy group
- 3 Purity balls: Girls in the US making virginity pledges as fathers vow to 'protect purity'
- 4 Mother 'will allow son's circumcision in return for release from prison'
- 5 Female Muay Thai champion hustles coaches to give them a beating
Greek hospitals cannot afford painkillers, scissors or sheets as budget cuts bite
Purity balls: Girls in the US making virginity pledges as fathers vow to 'protect purity'
Female Muay Thai champion hustles coaches to give them a beating
Puerto Rico, island of lost dreams: People are leaving the debt-hit territory in droves as near neighbour Cuba's star rises
Picture of couple posing with beached dolphin 'that later died' causes outrage
As a white man, I'm surprised more women aren't tweeting the hashtag #KillAllWhiteMen
Scotland may have to leave the EU even if it votes to stay in, David Cameron confirms
Report finds that Britain's wages are the most unequal in Europe
The day that Britain resigned as a global power
Almost a third of school pupils believe 'Muslims are taking over our country', study claims
Gay marriage 'Bert and Ernie' cake bakery found guilty of discrimination in Northern Ireland
iJobs Money & Business
£40-50K: Guru Careers: We are seeking an experienced Software / C# Developer w...
£45,000 - £55,000: Neil Pavier: Are you looking for your next opportunity for ...
£45,000 - £55,000: Sheridan Maine: Are you a newly qualified ACA/ACCA/ACMA qua...
£50,000 - £60,000: Laura Norton: Are you looking for an opportunity within a w...