HTC’s struggles continue, revenue plummeted 45% so far this year

By on March 6, 2012 at 12:25 PM.

HTC’s struggles continue, revenue plummeted 45% so far this year

HTC’s revenue during the first two months of 2012 has plummeted 45% compared to the same period last year. The popular vendor on Tuesday published its unaudited results for February 2012, during which it pulled in an estimated NT$20.3 billion, down 37% from the NT$32.1 billion it earned in the same month a year earlier. HTC’s revenue so far this year totals approximately NT$36.9 billion, a 45% drop-off from the NT$67.1 billion it pulled in between January and February in 2011. HTC had previously lowered its guidance for the first quarter of 2012, and business isn’t expected to pick up until the Taiwan-based vendor releases its next-generation flagship Android phones, the One X, One S and One V in April. HTC’s February earnings release follows below. More →

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‘Be Bold’ is a bust: Ad blitz didn’t help BlackBerry 7 sales in February

By on March 5, 2012 at 12:05 PM.

‘Be Bold’ is a bust: Ad blitz didn’t help BlackBerry 7 sales in February

Research In Motion’s increased marketing efforts centered around its “Be Bold” campaign in North America have not paid off according to Canaccord Genuity. Sales of BlackBerry 7 smartphones, and specifically the BlackBerry Bold 9900 and Curve 9360, were poor in February, Canaccord analyst Mike Walkley wrote in a research note late Sunday night. “Our February checks indicated weak sell-through trends for BlackBerry 7 smartphones despite increased marketing efforts,” Walkley told investors. “With very strong share gains for the iPhone 4S, increasingly price-competitive Android smartphones, improving Windows smartphones, and the likely March 7 launch of the iPad 3, we anticipate increasing competition across all of RIM’s products during 2012.” Read on for more. More →

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HTC sees negative smartphone sales trend reversing thanks to HTC One phones

By on March 1, 2012 at 9:15 PM.

HTC sees negative smartphone sales trend reversing thanks to HTC One phones

HTC is confident the company’s new One series smartphones will rescue the company from slowing sales, propelling it to the No.5 smartphone vendor spot and beyond. “We are confident this year will be … a much better year,” HTC’s chief of European operations Florian Seiche said to Reuters. “Even with the Q1 not being the ideal fast start right out of the gate in January, which of course we would have preferred, even with that we are very confident.” During the company’s Mobile World Congress 2012 press event, the Taiwanese smartphone maker announced the HTC One series. The first three HTC One phones focus on three main pillars, amazing design and user experience, an amazing camera, and an amazing multimedia experience. HTC feels these key components will combine to reignite consumer interest in its smartphones, and early response has been very positive. More →

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RIM’s Q4 likely to disappoint, iPhone 5 will overshadow BlackBerry 10

By on March 1, 2012 at 9:35 AM.

RIM’s Q4 likely to disappoint, iPhone 5 will overshadow BlackBerry 10

Research In Motion is likely to report a disappointing February quarter according to Jeffries & Company analyst Peter Misek, and the company may soon pre-announce results as a warning. “We are cutting our RIM estimates and target based on our belief that there is a greater than 50% chance that RIM will negatively pre-announce the February quarter,” Misek wrote in a note to investors on Thursday. “We believe sales of both RIM’s low-end and higher-end phones continue to be challenged.” Read on for more. More →

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Google TV is still a flop, report claims

By on February 29, 2012 at 11:10 AM.

Google TV is still a flop, report claims

As Google’s vendor partners prepare renewed efforts to push HDTVs and accessories that showcase Google TV, a new report suggests that they have their work cut out for them. First introduced at a press conference in late 2010, Google TV has not seen the success Google had hoped for. The CEO of Logitech, one of the first vendors to launch a Google TV product, went as far as to call its Google TV-powered Revue a gigantic mistake that cost the company dearly. Now, in more than a year on the market, all of Google’s partners have combined to sell fewer that 1 million Google TV devices according to a recent report. Read on for more. More →

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Samsung admits defeat with early tablet efforts, but its new announcements won’t help

By on February 28, 2012 at 9:25 AM.

Samsung admits defeat with early tablet efforts, but its new announcements won’t help

Samsung on Monday admitted that it has failed to gain ground in the tablet market while Apple’s iPad continues to proliferate at an increasing pace. Speaking with reporters at Mobile World Congress, a Samsung product strategy executive stated plainly that Samsung has a lot of work to do if it hopes to gain ground with its tablet portfolio. “Honestly, we’re not doing very well in the tablet market,” Samsung’s Hankil Yoon said, according to CNET. Read on for more. More →

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Nokia becomes top Windows Phone vendor after just one quarter

By on February 24, 2012 at 8:45 AM.

Nokia becomes top Windows Phone vendor after just one quarter

Nokia was late to the game with regard to Windows Phone (among other things). The Finnish phone giant announced early last year that it would be dumping Symbian in favor of Microsoft’s mobile platform, and its first two Windows Phones were unveiled in October, about a year after Samsung, HTC and other companies first launched similar devices. Despite the head start enjoyed by its rivals, however, it took Nokia less than one quarter to become the top Windows Phone vendor in the world. Read on for more. More →

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Apple seen selling 31 million iPhones, 11 million iPads this quarter

By on February 17, 2012 at 7:15 PM.

Apple seen selling 31 million iPhones, 11 million iPads this quarter

Apple posted the most profitable quarter ever among technology companies to close out 2011 and according to a number of industry analysts, the Cupertino-based company is on track for another huge quarter to kick off the new year. Oppenheimer analyst Ittai Kidron on Friday raised his price target on shares of Apple stock to $570 from his earlier target of $510, maintaining his Outperform rating. Though Apple managed to ship a record number of iPhones and iPad tablets in its first fiscal quarter — more than 37 million iPhones and 15.4 million iPads —the analyst believes the market is anything but saturated. During Apple’s second fiscal quarter, Kidron sees the company selling 31 million iPhones and 11 million iPads into channels, which would ensure yet another huge quarter for the world’s most valuable company. “The iPhone 4S is consistently the most sought after phone at all three carriers in the U.S. based on our store checks,” Kidron wrote in a note to investors, according to Barron’s. “International demand also looks good with ample room to expand, particularly in China.” Apple recently lost smartphone share in China for the second straight quarter according to Gartner. More →

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Intel may postpone mass shipments of Ivy Bridge processors

By on February 17, 2012 at 7:15 AM.

Intel may postpone mass shipments of Ivy Bridge processors

Intel recently notified partners of its plans to postpone mass shipments of the company’s Ivy Bridge processors, reports DigiTimes. The company still plans to announce new products that will ship in small volume in April according to the report, although mass shipments are not expect to occur until after June. The supposed delay comes as a number of notebook vendors are seeing weakening sales from the diminishing global economy and other factors. Both vendors and Intel are said to have large inventories of Sandy Bridge processors, so the delay could be seen as a way to minimize the impact of leftover CPUs. More →

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Explosive debut quarter brings Kindle Fire 14% share of tablet market

By on February 16, 2012 at 5:20 PM.

Explosive debut quarter brings Kindle Fire 14% share of tablet market

Amazon’s Kindle Fire exploded onto the scene last November, quickly becoming one of the hottest gadget gifts for the holidays and maintaining its position atop Amazon’s best-sellers list for several months. According to a new report issued by market research firm IHS iSuppli, the Kindle Fire managed to secure 14% of the tablet market last quarter despite only being available for just over six weeks. ISuppli estimates that the retail giant shipped approximately 3.9 million Kindle Fire tablets in the fourth quarter of 2011, making it the No.2 tablet vendor in the world behind Apple, which saw its market share slide to 57% from 64% in the third quarter. Samsung shipped 2.1 million Galaxy tablets for 8% of the global market, Barnes & Noble shipped 1.9 million Nook tablets and Asus rounded out the top-5 with 612,000 tablets shipped. IHS iSuppli’s full press release follows below. More →

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Apple’s iPad loses market share in Q4 to… the BlackBerry PlayBook?

By on February 16, 2012 at 12:20 PM.

Apple’s iPad loses market share in Q4 to… the BlackBerry PlayBook?

It looks like one of our favorite tablets finally managed to put a dent in Apple’s market share. Apple posted the second most profitable quarter in U.S. history late last year, and it managed to move a record-setting 15.4 million iPads between October and December. While the rest of the world was buying up iPads at an incredible rate, however, a number of consumers in Canada were turning their attention to the home-grown BlackBerry PlayBook tablet instead, Globe and Mail reports. Market research firm Solutions Research Group conducted a survey of 1,000 Canadian consumers and determined that the PlayBook’s market share grew to 15% in the fourth quarter last year, up from just 5%. During the same period, Apple’s share of the Canadian tablet market fell from 86% to 68%. The deep discounts on RIM’s PlayBook tablet ahead of the holidays are credited for the market share boost, but the findings further illustrate market demand for a quality tablet that is affordable. RIM will have competition if it hopes to aim for lower price points in the future, however — Amazon’s Kindle Fire is a big hit at $199 and Apple is expected to shave at least $100 from the price of its iPad 2 when the next-generation iPad 3 launches next month. More →

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Growth of global TV shipments to slow in 2012

By on February 10, 2012 at 11:30 PM.

Growth of global TV shipments to slow in 2012

The growth of global LCD TV shipments is expected to fall in 2012, according to market research firm GfK. The company believes that in 2012, growth will come from emerging markets as demand from the U.S. and Europe will subside. Global TV shipments grew 12% in 2011, and that rate is expected to slow to an estimated 7% growth rate this year. In total, GfK expects vendors to ship 225 million LCD TVs worldwide in 2012, Digitimes reports. Samsung, the world’s largest TV vendor by shipment volume, has vowed to sell more than 50 million units into global channels this year. More →

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RIM’s recent marketing blitz deemed a bust; BlackBerry 7 sales weakened in January

By on February 9, 2012 at 12:00 PM.

RIM’s recent marketing blitz deemed a bust; BlackBerry 7 sales weakened in January

When new CEO Thorsten Henis took the reins at Research In Motion, he immediately pointed to the smartphone vendor’s marketing strategy as an area the company needed to focus on if it hoped to regain share in key markets like the United States. The wheels on RIM’s recent marketing efforts had already been set in motion, however, and early reports suggest that the increased volume of familiar BlackBerry ads aren’t having the impact RIM was hoping for. Read on for more. More →

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