RIM dethrones Apple as US BlackBerry sales in Q1 soar

By on May 4, 2009 at 4:06 PM.

RIM dethrones Apple as US BlackBerry sales in Q1 soar

While RIM’s next-generation handsets such as the Bold, Storm and Curve 8900 are already flooding the marketplace — and a new wave including the Tour and Curve 8520 are on the horizon — it looks like RIM’s bread and butter is still the trusty old Curve 83xx series. According to recent analysis by The NPD Group, the BlackBerry Curve was America’s best selling smartphone in Q1 of 2009. It steals the title from the iPhone of course, as sales slow from its incredible pace last year. The NPD Group cites aggressive promotions such as Verizon’s popular BOGO offers as the catalyst behind the surge. Here are the top five smartphones in America this past quarter:

  1. RIM BlackBerry Curve (all 83XX models)
  2. Apple iPhone 3G (all models)
  3. RIM BlackBerry Storm
  4. RIM BlackBerry Pearl (all models, except flip)
  5. T-Mobile G1

RIM, holding three of the top five slots, shipped an astounding 7.8 million BlackBerry handsets in its last reported quarter (Dec 08 – Feb 09) so this hardly comes as a surprise. With several new BlackBerry models on the horizon and at least one new iPhone model due out this Summer, things are definitely starting to heat up in the US smartphone space.

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Motorola's loss widens in Q1 2009; company remains committed to Android

By on April 30, 2009 at 11:43 AM.

Motorola's loss widens in Q1 2009; company remains committed to Android

Motorola announced its Q1 2009 financial results today and reported total sales of $5.4 billion with a net loss of $231 million. Though wider than the $194 million loss posted in the same quarter last year, things were better than analysts expected this quarter. Motorola’s mobile devices division posted device sales of $1.8 billion and shipped 14.7 million handsets, grabbing an estimated 6 percent share of the global handset market. Handset sales have dropped 45 percent from Q1 2008 and operating loss has widened to $509 million from $418 million from 2008. On the bright side however, Moto posted a $595 million operating loss in Q4 of last year so at least things are moving in the right direction. Motorola notes that it continues to make progress on its upcoming handsets and remains committed to launching several new Android-based handsets by Q4 2009 with multiple carriers and in multiple regions. That little green robot sure has some heavy lifting to do.

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AT&T announces solid first quarter; impressive wireless and TV performance

By on April 22, 2009 at 12:19 PM.

AT&T announces solid first quarter; impressive wireless and TV performance

AT&T released its financials for the first quarter this morning and despite just missing Wall Street’s $31.08 billion revenue projection, the company kicked off 2009 with a very solid quarter. Company-wide revenue came in at $30.57 billion and stand outs were certainly wireless and U-Verse performance. AT&T Mobility added 1.2 million net wireless subscribers in Q1 2009, 875,000 of which were postpaid customers — up 24.1 percent YoY. AT&T also activated 1.6 million iPhones in the quarter. Wireless data revenue climbed 38.6 percent to $3.2¬†billion and operating income margin grew 26 percent YoY. On the wired side of things AT&T added 284,000 net U-Verse TV subscribers, which almost doubles its Q1 2008 growth and brings total subs to 1.3 million. It also reported a 471,000 net increase in wired and wireless broadband subscribers bringing the total to 16.7 million.

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Solid numbers predicted for Apple ahead of earnings call

By on January 20, 2009 at 2:12 PM.

Solid numbers predicted for Apple ahead of earnings call

Apple will disclose its earnings for Q1 FY2009 tomorrow and as is always the case, analysts are in full swing with revised predictions. If Apple’s announcement can live up to the bulk of these new estimates however, shareholders are in for some good news come Wednesday. According to a report issued today by Piper Jaffray analyst Gene Munster, Apple’s rebound performance in December looks to have saved the quarter – possibly propelling earnings beyond Wall Street projections. From the report:

  • 19-20 million iPods shipped during the December quarter, beating the Street’s 18.6 million expectation, based on analyzing retail data from research firm NPD Group.
  • 2.5-2.6 million Macs shipped, in line with the Street’s ~2.5 million expectation.

Munster anticipates Q1 revenues in the neighborhood of $10 billion, a substantial $300 million north of initial predictions. Earnings Per Share (EPS) however, are expected to come in at $1.32, $0.07 below the $1.39 prediction. Apple’s earnings call will be broadcast online tomorrow at 2:00pm PST / 5:00pm EST.

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