Samsung

Samsung unveiled the new prototype of a bendy phone yesterday that folds like a book and reveals a 7.3inch screen when unfolded.

A second smaller display on the outside, called the cover window, can be used to check e-mails and perform simple tasks.

The company believes that this phone could go into mass production in the coming months and it has already had talks with Netflix and Youtube about how to optimise content for its foldable device.

Bendy phones are a hot prospect at the moment because they could provide the design breakthrough that can explode the indifference that is currently holding back smartphone sales around the world.

Apple and Huawei are amongst those who also have patents on bendy screens.

I think that this could be huge and just the boost that the handset makers need to boost sales in a meaningful way.

Sophos

The other thing I wanted to talk about today was the shocker that UK software security company Sophos had yesterday as it announced that it was cutting its forecasts for the second half of the year, having previously said it expected growth in the six months to the end of March to hit the mid-teens.

The shares fell by a massive 39% per cent at one point as investors headed for the exit.

As far as I can see, the main problem here is that the company saw a huge boost in orders following the WannaCry outbreak in May 2017 and orders have returned to “normal” levels.

This cut in forecasts is at odds with what’s going on at competitors, so I guess that Sophos will have to wait for another hacker to come along to revive its sales prospects.