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BEIJING, Feb. 5 (Xinhua) -- China's meteorological authority said Saturday that a cold snap would sweep north China over the next few days, bringing down temperatures and carrying gusty winds.Temperatures in some parts of Xinjiang Uygur Autonomous Region, Inner Mongolia Autonomous Region and northeast China will drop 4 to 6 degrees Celsius over the weekend, the National Meteorological Center (NMC) said in a statement on its website.In most areas north to the Huaihe River, the temperatures will go down 4 to 6 degrees Celsius, or even 8 to 10 degrees Celsius in some parts of the areas between Monday and Tuesday.The cold front would then move southward to affect more areas in the eastern and southern parts of the country.The NMC said some areas in northern and western Xinjiang Uygur Autonomous Region, the eastern part of Inner Mongolia, Sichuan Basin and most of the northeast China, the western parts of the areas south to the Yangtze River will see light to moderate snow or sleet in the forthcoming three days.Fog continued to shroud south China Saturday, reducing visibility to less than 200 meters in parts of Hunan, Hubei, Jiangxi, Sichuan and Fujian provinces, as well as Chongqing City.
SAN FRANCISCO, April 20 (Xinhua) -- Apple Inc. on Wednesday reported record second fiscal quarter results that blow out analysts'expectations, citing strong demands for its products.For its fiscal 2011 second quarter ended on March 26, Apple posted net income of 5.99 billion U.S dollars or 6.4 dollars per share, compared with 3.07 billion, or 3.33 dollars per share a year ago. Its revenue reached 24.67 billion dollars, compare with 13.5 billion in the same period a year earlier.Analysts polled by Thomson Reuters gave an average estimate of 5.35 dollars earning per share on revenue of 23.3 billion."With quarterly revenue growth of 83 percent and profit growth of 95 percent, we're firing on all cylinders," said Steve Jobs, Apple's CEO. "We will continue to innovate on all fronts throughout the remainder of the year."As the most valuable business for the company, Apple sold 18.65 million iPhones in the second quarter, representing 113 percent unit growth over the year-ago quarter. In February, Apple announced that iPhone4 would come on Verizon network, enabling it to attract some 90 million Verizon subscribers to adopt the popular smartphone.The company sold 3.76 million Macs during the quarter, a 28 percent increase over the year-ago quarter, and 9.02 million iPods during the quarter, representing a 17 percent unit decline from the year-ago quarter.The company also sold 4.69 million iPads during the quarter, which is below analysts' projection. Analysts said Apple could have sold more tablets without supply constraints.Wall Street analysts estimated sales of iPad to reach about 6 million in the fiscal second quarter, alongside about 16 million iPhones and 3-4 million Macs.Apple also reported a gross margin of 41.4 percent compared to 41.7 percent in the year-ago quarter. Analyst said the decline of Apple's gross margins can be attributed to two reasons. One reason is the introduction of iPad in 2010 as it is a lower gross margin product than the iPhone. The other is the decline of iPhone margins over years.Supply chain related issues have been analysts' concern in the past quarter as Apple indicated in the Q1 earnings conference call that it could have sold more iPhones and faced some supply related issues. Meanwhile, the Japanese earthquake created more supply related issues for the company as its Japanese suppliers Mitsubishi Gas Chemical and Toshiba are both temporarily shut down to assess damage from the natural disaster.For the third fiscal quarter, Apple CFO Peter Oppenheimer gave an estimated revenue of about 23 billion and profit of 5.03 dollars per share.

WASHINGTON, Feb. 4 (Xinhua) -- Major trading partners of the United States, including China, did not manipulate their currencies to gain an unfair advantage in international trade in 2010, according to a report released by the U.S Treasury Department on Friday."Based on the resumption of exchange rate flexibility last June and the acceleration of the pace of real bilateral appreciation over the past few months," China's behavior did not qualify under the official definition of manipulation, the Treasury said in its long-delayed semiannual report to the Congress on International Economic and Exchange Rate Policies.With respect to exchange rate policies, ten economies were reviewed in this report, accounting for nearly three-fourths of U. S. trade. Many of the economies have fully flexible exchange rates. A few have more tightly managed exchanges rates, with varying degrees of management."No major trading partners of the United States" met the standards identified by the Congress as currency manipulator, concluded the report.Since the June 19, 2010 announcement by China's central bank of greater exchange rate flexibility, its currency, also known as renminbi (RMB) has appreciated 3.7 percent against the dollar, or about 6 percent annualized. The renminbi has appreciated 26 percent in total against the dollar since 2005.The Treasury said that because inflation in China is significantly higher than it is in the U.S., the RMB has been appreciating more rapidly against the dollar on a real, inflation- adjusted basis, at a rate which if sustained would amount to more than 10 percent per year.The U.S. accuses Beijing of keeping its currency undervalued, flooding the country with cheap exports and costing U.S. jobs. But many economists believe that the appreciation of RMB will help little to the U.S. employment."Treasury today again made the right call on China's currency policy in its latest exchange rate report," John Frisbie, President of the U.S.-China Business Council (USCBC) said in a statement after the U.S. Treasury Department'report."While USCBC believes that China should allow its exchange rate to better reflect market forces, designating China as a ' manipulator' would achieve nothing. USCBC continues to support the Obama administration's approach of combined multilateral and bilateral engagement with China as the most effective way to make progress on the exchange rate issue."
TOKYO, March 20 (Xinhua) -- Traces of radioactive iodine had been detected in Tokyo and the surrounding Kanto region, according to the results of an investigation of radioactivity in precipitation and dust conducted by the government, local media reported on Sunday.Radioactive iodine was found in Tokyo, Saitama, Chiba, Yamanashi, Tochigi and Gunma prefectures, the Kyodo News said, citing the Ministry of Education, Culture, Sports, Science and Technology. The ministry added that the levels detected in the investigation alone would not affect human health.An employee of Yamagata city office holds a Geiger counter to detect radiation when evacuees from the vicinity of Fukushima nuclear plant wish to be screened upon their arrival at an evacuation centre set in a gymnasium in Yamagata, northern Japan March 19, 2011, eight days after Japan's devastating earthquake and tsunami.The investigation was carried out following the nuclear crisis at the Fukushima Daiichi nuclear power plant, the government said Sunday.The ministry said that a separate research has already shown that radioactive materials in the air and tap water in Tokyo and the five prefectures pose no threat to human health, according to Kyodo News report.
SAN FRANCISCO, May 11 (Xinhua) -- Google on Wednesday introduced a series of notebook computers based on its Chrome operating system, stepping up its competition against Microsoft.Google unveiled the "Chromebook" at its annual developers conference in San Francisco, saying that the new devices, made by Acer and Samsung Electronics, will go on sale on June 15 in the United States and six European countries.Google said Chromebooks can boot in 8 seconds and its security system makes it require no virus protection. Applications, documents and setting will be stored in "the cloud," which enables users to have same experience after logging into another Chromebook. The system will get updated automatically with no update prompts.Acer's Chromebook will start at 349 U.S. dollars and Samsung's product will be priced at 429 dollars for its WiFi model and 499 dollars for 3G connectivity. The devices will be available online in the United States through Amazon.com and Best Buy's online store.Google on Wednesday also announced Chromebooks for Business and Education, a subscription service including Chromebooks and a cloud management console to remotely administer and manage users, devices applications and policies.Google said it will directly handle the business and education orders. The monthly fee will be 28 dollars per user for businesses and 20 dollars per user for educational customers.The Chrome operating system, announced in July 2009, is designed to work exclusively with web applications, with its work based on Google's Chrome web browser.On Wednesday's conference, Google said the Chrome web browser now has 160 million active users, compared to 70 million last May.
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