Finance

The popular and well-rated stock portfolio management app for Windows Phone has received a major update and is now on version 3. We've previously praised the work by the developer, who managed to create a beautiful experience for those who are interested in checking out the markets, or who have a heavy inventory full of stock. So what's new in this latest release?

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Microsoft is pushing out updates for its News, Maps, Travel, Sport and Finance apps on Windows 8. Numerous features have been included in the latest releases, so what's new for consumers?

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Finance behemoth Goldman Sachs has downgraded the rating of Microsoft's stock from Neutral to Sell in a report that went out to investors this morning. The rating change was based on what analyst Heather Bellini sees a downward trend for Microsoft's PC-based business and dwindling demand for those products.

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Quiz time. What makes me and the rest of the crew at Windows Phone Central happy? Hint. It probably makes you ecstatic too. The answer? Any single time we get a new app on the platform or an app gets an update. It’s a situation that you can’t help but channel your inner Sheen and shout ‘winning’. Today we win by getting E*TRADE to update and support a few features of Windows Phone 8.

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Mint.com is a financial service from Intuit that pulls your financial information under one roof to make managing things a little easier. There are mobile apps for the service available for Android and iOS devices and it appears a Windows Phone version isn't in Mint.com's near future.

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While we have a decent number of banking apps available for our Windows Phone.  You have Chase Mobile, Bank of America, the National Australian Bank, Rabobank and the more the merrier. I would appear that ING Bank is about to join the crowd with their own Windows Phone app this Spring.

In an email correspondence shared by one of our readers, ING has confirmed that a Windows Phone mobile banking app is in development. While details weren't shared on the features of such app, it is expected to be available mid-April.

Good news for ING customers and hopefully more financial institutions will follow suit (hint, hint Regions!). There's a Windows Phone Central Forums discussion going on here if you care to talk it up about the pending ING banking app.

Thanks, Prophecy, for the tip!

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One of the many features on the Chase Mobile app for your Windows Phone 8 device is QuickDeposit. This is where you take a photo of your check to make the deposit.

Well... there was a bug in this feature that created a conflict and stored the check image in your Pictures Hub. Chase pulled the app and would eventually put the app back on the Windows Phone Store shelve with the QuickDeposit feature disabled.

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The need to manage your finances is common and your Windows Phone can help you keep track of your expenses, earnings, and other financial tasks. This weeks roundup focuses on financial apps that are available in the Windows Phone Store.

To help save a little, we chose the top five free financial apps for the roundup and they include banking apps, a stock management app, and a personal budget manager. As always with our roundups, these apps only scratch the surface on what is available at the Windows Phone Store. If you have a favorite financial oriented app that isn't in this week's roundup, feel free to recommend it in the comments below.

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HTC has released its unaudited October 2012 financial report, which displays a YoY (year-on-year) decrease in revenues of 60 percent. Last month the manufacturer revealed it brought in NT$17.2 billion ($588 million), down from NT$44.114 billion ($1.5 billion) during the same period in 2011. It's not looking rosy for the Taiwanese handset maker, but how can it look to improve?

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Introducing the Windows Phone 8 Wallet

One of the new features with Windows Phone 8 is the Wallet app. Microsoft has added a digital wallet that you can use to keep your debit, credit, loyalty and membership card information handy on your Windows Phone.

The Wallet app also has the ability to find other apps to link with that can provide additional information on that card or account such as balance and transaction history. Wallet can also be used to find and share local shopping deals.

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Nokia has published its financial results for Q3 2012, which shows the interesting position the company has found itself in. Smartphone sales have fallen drastically, as well as net sales from the division. Likely down to the imminent Windows Phone 8 release and new Lumia family of smartphones, Nokia experienced a 56 percent drop in net sales. In Q2 the company shipped 4 million Lumia devices, a steep decrease indeed.

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Account Tracker from Graham Haley and Response Ltd. is now live in the Windows Phone Store.  Account Tracker is a personal finance app that has had a bit of success over on the iPhone and based on our first impressions it should do well on the Windows Phone platform.

Account Tracker is laid out nicely taking advantage of the panorama and tile design of the Windows Phone's Modern UI. The main pages of Account Tracker will display an account summary of all your financial accounts, a transaction entry screen with tiles to add spending, income, refund and transfer activities, a budgets page and pages that will chart cash flow and spending.

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HTC continues on its downward spiral

HTC has published its financial results for Q3 2012, showing a continuous fall in revenues that we've witnessed through previous reports. The company braced itself for a tough Q3 and revenues were expected to be in the region of NT$70-80 billion for this quarter. Hitting the nail on the head in the estimation, HTC's net revenue was $2.397 (NT$70.2 billion) for the months July through September, down from $3 billion (NT$91.04 billion) in Q2.

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Good news for Chase banking customers. The Chase Mobile app is heading to the Windows Phone Store to join other banking apps such as the Bank of America app, and the National Australian Bank app.

With Chase Mobile you will be able to monitor your accounts, transfer funds between accounts, make deposits using Chase's QuickDeposit (where you take the picture of your check to deposit it), send wire transfers, pay bills, and search for a local Chase Bank or ATM location. You can even monitor account alerts for payments and set balance levels.

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As Bruce Forsyth would say - higher or lower?

Bernardo Zamora has published an insightful blog post on the Windows Phone Developer Blog, which goes into detail on how developers should configure individual market pricing - if at all. It's an interesting part of marketing one's work. Building and submitting the app is one thing. Effectively pricing your app(s) is another.

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Account Tracker from Graham Haley and Response Ltd. is a personal finance app that has experienced a respectable amount of success over on the iPhone and iOS.  Account Tracker was recently submitted for certification in the Windows Phone Store. The developers are hoping that Account Tracker will have similar success in the Windows Phone Store.

We were given a sneak peak at the app and based on our first impressions, we don't see why Account Tracker won't be a popular choice for tracking your personal finances from your Windows Phone.

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The official BoA app gets feature parity with Android and iOS

The official Bank of America app for our Windows Phone has been available for some time now over at the Marketplace. The free banking app already had a healthy list of features including the ability to pay bills, transfer funds, review balances and find ATM/branch locations.

Bank of America has recently updated the app's features.  Now you can add Mobile Check Deposit and a few more features to the banking app.

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According to Seeking Alpha who have managed to calculate an estimation as to just how much Microsoft has made from Windows Phone in the last fiscal year, the software giant is estimated to be looking at $736 million from the mobile division. While we're still on the steady growth path Microsoft will continue to shield revenue performance of the platform until there's something to frame on the office wall.

Seeking Alpha worked out that by removing each non-Windows Phone layer from Microsoft's EDD (Entertainment and Devices Division), they found Windows Phone revenues has been fairly steady over the past few years, since its launch in 2010.

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The developer of Markets & Me has released its premium version to the Marketplace. Markets & Me + is to compliment the recent app update that rolled out last week. This premium version of the app will not sport advertisements and will feature a few exclusive features that users will have to upgrade to should they wish to make use of extra functionality...

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HTC has released its audited Q2 2012 earnings report today, which keep in line with unaudited results we touched on last month. According to the report, HTC generated revenues of NT$91.04 billion (~$3.04 billion), while net income sat at NT$7.4 billion (~$247 million) between March and June this year. The company's gross margin was 27.01% with an operating margin of 9%. 

HTC expects a tough Q3 and we will be looking out for further decreases in revenue, profit and operating margins in the next financial report. Revenues are expected to be in the region of NT$70-80 billion, with a gross margin and operating margin of 25% and 7% respectively. Should the handset maker continue to dwindle slowly south in the third quarter of this year, it'll paint a rather bleak picture compared to the height of success back in Q3 2011, with reported revenues of NT$135.82 billion (~$4.53 billion).

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