Sprint Q2 2014 Earnings

Despite its new CEO, Sprint continues to be an unmitigated disaster

By on November 3, 2014 at 4:18 PM.

Despite its new CEO, Sprint continues to be an unmitigated disaster

Sprint may have a new CEO, but it’s still putting out the same dismal quarterly earnings reports. In its fiscal Q2 2014 earnings released Monday, Sprint posted a net loss of $0.19 per share, or more than triple the consensus estimate of a loss of $0.06 per share. The company also missed on its revenue expectations as its quarterly revenues of $8.49 billion were less than the consensus estimate of $8.59 billion.  More →

No Comments
Google Andy Rubin Quits

Andy Rubin calls it quits, ditches Google to build his own hardware incubator

By on October 31, 2014 at 6:50 AM.

Andy Rubin calls it quits, ditches Google to build his own hardware incubator

Andy Rubin, the co-founder of Android and former Android Guru inside Google, is leaving the company to start a tech incubator for start-ups that want to build hardware, The New York Times reports. After being removed from the Android team last year and replaced with Sundar Pichai, Rubin was put in charge of Google’s new robotics division. More →

No Comments
Featured
What It's Like To Work At Apple

Anonymous Apple employees reveal what it’s like to work for Tim Cook

Anonymous Apple employees reveal what it’s like to work for Tim Cook

By on October 30, 2014 at 9:15 AM.

Despite the fact that all of its products now leak long before they are formally announced, Apple remains one of the most secretive technology companies in the world. Of course, it makes sense that the most valuable company in the United States would want to protect its secret sauce, so one can’t exactly blame Apple for closing itself off to the public, for the most part.

Then again, when a company is as secretive as Apple, it makes the private bits and pieces that do manage to trickle out far more tantalizing — and some juicy bits and pieces were shared recently when several anonymous Apple employees shared some details surrounding what it’s like to work for Apple CEO Tim Cook. More →

No Comments
Samsung Q3 2014 Earnings Analysis

Samsung’s nightmare scenario is unfolding right before our eyes

By on October 30, 2014 at 8:15 AM.

Samsung’s nightmare scenario is unfolding right before our eyes

Halloween has come a day early for Samsung as it released a truly scary earnings report that saw its operating profit tumble by 60% and its revenue fall by 20%. These top-line numbers don’t tell the full story of what’s really happening with Samsung, however — in reality, the company’s nightmare scenario is coming true at a truly stunning speed. More →

No Comments
Tim Cook on Being Gay and Equality

This is the most important and inspirational personal announcement Tim Cook has ever made

By on October 30, 2014 at 7:40 AM.

This is the most important and inspirational personal announcement Tim Cook has ever made

Apple CEO Tim Cook on Thursday made a surprising announcement in an opinion piece on Bloomberg Businessweek, which is very much in line with his many public notes in the recent past about diversity at the workplace. “While I have never denied my sexuality, I haven’t publicly acknowledged it either, until now. So let me be clear: I’m proud to be gay, and I consider being gay among the greatest gifts God has given me,” Cook said  in the essay. More →

No Comments
Samsung Earnings Q3 2014

Samsung’s Q3 profit nosedives, stock soars

By on October 30, 2014 at 7:25 AM.

Samsung’s Q3 profit nosedives, stock soars

Investors sent Samsung shares soaring more than 4.5% on Thursday as the company reported dismal third-quarter earnings… that were thankfully less dismal than analysts were expecting. In a world where the high end of the smartphone market is being squeezed by more capable mid-range and low-end phones, Samsung’s response has been to flood the market with cheaper low-margin phones. How did that work out? In the third quarter, Samsung’s operating profit plunged 60% on year to $3.9 billion and its revenue slid 20% to about $44.6 billion. More →

No Comments
Apple Pay Vs. CVS Rite Aid

Walgreens will happily take the Apple Pay customers that CVS and Rite Aid don’t want

By on October 29, 2014 at 9:15 PM.

Walgreens will happily take the Apple Pay customers that CVS and Rite Aid don’t want

Although CVS and Rite Aid both shut off the NFC payment receptors over the weekend, you can still use services such as Apple Pay at Walgreens, which just happens to be one of those two pharmacies’ main competitors. And don’t think that Walgreens doesn’t know this — its official Twitter account on Tuesday sent out a message letting everyone know that all iPhone 6 and 6 Plus users can “use Apple Pay today at any one of our stores.” The company also helpfully posted a link showing you how to find all the Walgreens stores located nearest you, although that link also happened to be for Apple Maps, so you may want to double check with another service before making your drive. More →

No Comments
Apple Pay Vs. MCX CurrentC App

MCX says its Apple Pay rival is being bashed because it’s ‘challenging the status quo’

By on October 29, 2014 at 4:26 PM.

MCX says its Apple Pay rival is being bashed because it’s ‘challenging the status quo’

You may think that Merchant Customer Exchange members are being heavy handed in blocking Apple Pay and Google Wallet from their stores because they want to promote MCX’s own CurrentC mobile payment platform. But according to MCX, that’s not the case — instead, these merchants are trying to shake up the mobile payments industry. More →

No Comments
Apple Vs. Amazon Walmart

Has Apple found the perfect weapon to fight both Walmart and Amazon?

By on October 29, 2014 at 11:09 AM.

Has Apple found the perfect weapon to fight both Walmart and Amazon?

Apple is edging closer to declaring an all-out war against mega retailers like Walmart, Best Buy and CVS with its payment system. The big shopping chains do not want Apple butting into their customer relationship and have already rejected the use of Apple Pay. Yet despite the stringent opposition from the leading bricks and mortar players, Apple Pay is already more popular than all other NFC solutions combined after only one week of availability. More →

No Comments
Apple Pay Vs. Walmart

Walmart offers a boneheaded explanation for why it’s blocking Apple Pay

By on October 29, 2014 at 8:30 AM.

Walmart offers a boneheaded explanation for why it’s blocking Apple Pay

There’s really no good way to spin Walmart, CVS and Rite Aid’s decision to collectively block NFC-enabled mobile payment platforms such as Apple Pay and Google Wallet. This is especially true because the merchants’ real reason for blocking these platforms is because they want to instead promote CurrentC, the mobile app developed by the Merchant Customer Exchange (MCX) that’s significantly less convenient and that collects such a disturbing amount of data that even diehard Google fans are a little creeped out by it. More →

No Comments
Marvel Event Phase 3

Marvel holds a huge event and drops release dates for 11 new movies

By on October 28, 2014 at 5:30 PM.

Marvel holds a huge event and drops release dates for 11 new movies

On Tuesday, Marvel announced its upcoming slate of films and it looks like the comics powerhouse is aiming to dominate the box office through summer 2019. The recent trailer leak of Avengers: Age of Ultron had us all watering at the mouth for more, and with Marvel’s big event today, it will only increase our hype for new footage and information.

More →

No Comments
T-Mobile Q3 2014 Earnings

Despite huge subscriber gains, the ‘Un-carrier’ is once again unprofitable

By on October 28, 2014 at 8:10 AM.

Despite huge subscriber gains, the ‘Un-carrier’ is once again unprofitable

As we’ve said before, more intense competition in the wireless world is great for consumers but not-so-great for carriers’ bottom lines. T-Mobile, which has been at the forefront of America’s newly competitive wireless market, reported adding 1.38 million postpaid subscribers and 410,000 prepaid subscribers, which easily topped the 785,000 postpaid subscribers that AT&T added over the same quarter but was slightly behind the 1.5 million postpaid subscribers that Verizon added. The company also raised its projected for total postpaid subscribers added this year from 4.3 million to 4.7 million. More →

No Comments