The addition of a mobile payments service to Apple’s next iPhone could help to boost sales of the larger-screen phones and claw back market share lost to mobiles running on Google’s Android platform.

INTEL’S sales forecast disappointed investors and signalled the world’s biggest chip-maker may be losing market share to Advanced Micro Devices.

Nervous US investors overlooked strong earnings from Citigroup and a possible merger of two department store giants, pushing stocks substantially lower today after disappointing earnings from the technology sector.