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Business
March 6, 2012
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Nintendo 3DS sales in U.S. reach 4.5 million in first year

By on March 6, 2012 at 9:55 PM.

Nintendo 3DS sales in U.S. reach 4.5 million in first year

Nintendo on Tuesday announced that it has sold 4.5 million 3DS units in the handset’s first year of U.S. availability. Sales thus far have outpaced Nintendo’s original DS, which sold 2.3 million units in the U.S. during its first 12 months. Since launching last March, the 3DS has reached over 100 titles with over 9 million games sold, accounting for over $1.2 billion in total sales. “Nintendo 3DS closes its first year with a lengthy list of accomplishments but we’re still just scratching the surface,” said Nintendo of America president Reggie Fils-Aime. “With a massive lineup of first- and third-party games and more on the way, a budding library of entertainment options and an engaged and growing installed base, Nintendo 3DS has an incredibly bright future. We’re just getting started but this platform is built for the long haul.” Read on for Nintendo’s press release. More →

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mobile
February 23, 2012
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Samsung Galaxy S II sells over 20 million units in 10 months

By on February 23, 2012 at 7:15 PM.

Samsung Galaxy S II sells over 20 million units in 10 months

Samsung announced in late September that the company sold 10 million Galaxy S II smartphones, and five months later the popular handset has crossed the 20-million shipment mark. The smartphone’s predecessor, the Galaxy S, took 17 months to reach the same milestone according to Samsung. When the Galaxy S II launched in April, it quickly became the company’s fastest selling smartphone. Sales are sure to slow in the coming months, however, with Samsung rumored to launch the highly anticipated Galaxy S III in April. More →

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Business
January 26, 2012
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AT&T reports best-ever quarter for smartphones; 7.6 millon iPhones activated

By on January 26, 2012 at 7:51 AM.

AT&T reports best-ever quarter for smartphones; 7.6 millon iPhones activated


AT&T reported its fourth-quarter 2011 results on Thursday and noted that it achieved record mobile broadband and smartphone activations during the quarter. The company reported consolidated revenue of $32.5 billion, up 3.6% or $1.1 billion from the same quarter last year, but it posted a loss of $6.7 billion, or $1.12 per share. EPS swings to a profit of $0.42 per share discounting one-time charges including the massive breakup fee paid to T-Mobile. AT&T attributed 76% of its revenue growth to wireless, wireline data and managed services, which represented 76% of overall revenue, up 7.5% from last year. The carrier sold 9.4 million smartphones during the quarter, a record that was 50% more than its previous record and more than twice the number of smartphones that were sold during the last quarter. AT&T added 717,000 postpaid customers, the largest increase in postpaid in five quarters, and 2.5 million total net wireless subscribers. The company said it was also the best quarter for Android and iPhone activations and that it activated a total of 7.6 million iPhones during the quarter. AT&T also noted that its full year revenue totaled $126.7 billion, up 2% from the $124.3 billion it reported in 2010. AT&T’s full press release follows after the break. More →

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mobile
January 25, 2012
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Nokia announces sale of its 1.5 billionth S40 handset

By on January 25, 2012 at 10:00 AM.

Nokia announces sale of its 1.5 billionth S40 handset

Nokia announced on Wednesday that it has officially sold its 1.5 billionth S40-powered cell phone since the first S40 device — the Nokia 7110 — was released in 1999. A 21-year old Brazilian woman made the historic purchase in São Paulo, the company said, noting that the woman purchased a Nokia Asha 303 from a Magazine Luiza store. “We are incredibly proud to reach this milestone,” said Mary McDowell, Executive Vice President for Mobile Phones at Nokia. “Having 1.5 billion Series 40 devices sold is a hard-to-reach mark, let alone one attainable in a single line of products. At a time when we are maintaining our commitment to connecting the next billion customers around the world – it is gratifying to consider how Series 40 devices have made mobile technology accessible and help continue to change people’s lives for the better.” Nokia is set to announce its earnings on Thursday after the market closes. The company’s full press release follows after the break.  More →

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Business
October 17, 2011
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Samsung sells over 30 million Galaxy S/Galaxy S II smartphones

By on October 17, 2011 at 11:51 PM.

Samsung sells over 30 million Galaxy S/Galaxy S II smartphones

Samsung announced on Monday that it has sold more than 30 million Galaxy S/Galaxy S II smartphones globally. Samsung said in late September that it had already sold a total of 10 million units of the Galaxy S II, which recently made its debut in the United States on T-Mobile, Sprint and AT&T. The South Korea-based phone maker also dubbed the Galaxy S II its fastest selling smartphone ever in July, after it sold 3 million units in 55 days. “Since its launch only five months ago, Galaxy S II has seen tremendous sales success and garnered enthusiastic reviews from consumers and mobile industry watchers across the globe,” president and head of Samsung’s mobile business JK Shin said. “This is in addition to the continued sales momentum behind Galaxy S, which we launched at Mobile World Congress 2010 as continues to be a run-away success with consumers.” Read on for the full press release from Samsung.  More →

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Business
October 3, 2011
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Apple’s mobile dominance to continue: 107 million iPhones expected to ship in 2012

By on October 3, 2011 at 5:01 PM.

Apple’s mobile dominance to continue: 107 million iPhones expected to ship in 2012

Janney Capital Markets analyst Bill Choi believes Apple’s success with the iPhone will continue to sky rocket. Choi estimated recently that Apple will ship 87 million iPhone units this year and 107 million during 2012, a 27 percent increase year-over-year. Apple’s growing number of carrier partners will be the primary catalyst for the growth, Choi said, noting that 228 wireless carriers offered the iPhone in a total of 105 countries during the third quarter of this year. “There are still a handful of major carriers worldwide that have yet to carry the iPhone. Potential deals with Sprint (52.1M subscribers), T-Mobile (33.6M subscribers), China Mobile (628M subscribers) and other large international carriers pose a catalyst to fuel iPhone sales,” Choi wrote in a research note. Despite a recent rumor that suggests Apple will sell a new iPhone with support for T-Mobile’s “4G” network, statements from T-Mobile USA chief marketing officer Cole Brodman have suggested that T-Mobile USA will not carry the iPhone this year. Apple will unveil its new iPhone lineup on Tuesday and is currently expected to launch an improved model as well as a watered down and more affordable version of the current iPhone 4. More →

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mobile
July 27, 2011
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Samsung: 5 million Galaxy S II handsets shipped in 85 days

By on July 27, 2011 at 10:00 AM.

Samsung: 5 million Galaxy S II handsets shipped in 85 days

Samsung announced on Wednesday that it has now shipped more than 5 million flagship Galaxy S II smartphones in just 85 days. The phone became Samsung’s fastest selling smartphone when it hit the 3 million-unit milestone in just 55 days. Samsung now reportedly maintains a 56% share of the mobile phone market in South Korea. The phone maker has yet to launch the device in the United States, but our recent exclusive leak of AT&T’s Galaxy S II handset suggests that official carrier announcements could be right around the corner. More →

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Computers
July 21, 2011
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New MacBook Air shipments reach 400,000-500,000 in June

By on July 21, 2011 at 8:40 PM.

New MacBook Air shipments reach 400,000-500,000 in June

Suppliers already shipped between 400,000 and 500,000 units of Apple’s refreshed MacBook Air in June, and shipments aren’t expected to slow anytime soon according to DigiTimes. Reportedly, the high volume of shipments is expected to remain just as strong in July and August, and “series sales” could top 14 million units this year. Apple officially took the wraps off of its updated MacBook Air on Wednesday. It has the same form factor as previous models, but it now offers a Thunderbolt I/O port, Intel’s Sandy Bridge Core i5 and Core i7 processors, a backlit keyboard, and runs Apple’s new OS X Lion operating system. More →

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Business
July 19, 2011
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Analysts raise Apple stock price target ahead of earnings

By on July 19, 2011 at 9:20 AM.

Analysts raise Apple stock price target ahead of earnings

Apple will release its fiscal third quarter earnings on Tuesday afternoon and analysts have boosted the stock price target in anticipation of a solid quarterly report. The iPhone maker’s shares hit a record high of $373.80 at the close of the day on Monday. BGC analyst Collin Gillis has boosted the price target of Apple’s stock from $390 to $430. “We are more positive on the outlook for share acceleration in the second half as it is reasonable to expect multiple hardware refreshes combined with the back-to-school and holiday shopping quarter,” Gillis told Reuters. A group of analysts recently predicted that Apple will report that it sold between 15 and 20 million iPhones during the quarter, with the average estimate falling at 16.9 million iPhones sold. Apple is expected to “report earnings of $5.84 per share on revenue of $24.9 billion,” Reuters said, citing Thomson Reuters I/B/E/S. More →

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Business
June 29, 2011
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Specific Media buys Myspace for $35 million, cutting staff by 50%

By on June 29, 2011 at 2:43 PM.

Specific Media buys Myspace for $35 million, cutting staff by 50%

According to AllThingsD Specific Media has acquired Myspace from News Corp. for $35 million. Reportedly, Myspace’s CEO, Mike Jones, will remain for “an interim period,” and the social network will lay off half of its staff, or about 200 people. Myspace, which has seen a sharp decline in traffic over the years since it was acquired by News Corp in 2005 for $580 million, announced in January that it was laying off 47% of its employees. News Corp. will maintain less than a 5% stake in the company. More →

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mobile
May 30, 2011
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Samsung: 1 million Galaxy S II units sold

By on May 30, 2011 at 1:51 PM.

Samsung: 1 million Galaxy S II units sold

Samsung announced on Monday that it has sold more than 1 million of its new Galaxy S II handsets, and that the phone has been “selling like [hotcakes].”  The Korean company said the time it took for sales to pass the 1 million milestone was the fastest of any device it has sold, and that the Galaxy S II beat the Galaxy S to that sales figure by 40 days. The Galaxy S II made its debut on April 29th, and we’re not surprised that Samsung has managed to sell one every three seconds — when we reviewed the Galaxy S II earlier this month we called it the “greatest Android smartphone available on the planet.” More →

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Exclusive
May 6, 2011
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Sprint EVO View 4G’s Scribe pen retails for $80; not included

By on May 6, 2011 at 5:06 PM.

Sprint EVO View 4G’s Scribe pen retails for $80; not included

Here’s a head-scratcher. We’re hearing rumors that Sprint’s HTC EVO View 4G tablet will not, repeat not, ship with the snazzy HTC Scribe stylus. A report from Engadget on Friday indicated that the HTC Flyer tablet — the EVO View 4G’s generic sibling — will include HTC’s digital pen unless the device is purchased from Best Buy. Our own source, however, has indicated that Sprint’s training materials list the EVO View 4G’s Scribe stylus as being “sold separately.” The pen is one of the EVO View 4G’s differentiating features and, if the exclusion turns out to be true, would be a major disappointment. What do you think? Does this change your EVO View 4G tablet purchasing plans?

Thanks, BJ!

21 Comments
mobile
May 3, 2011
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674,000 Windows Phone devices sold to date, analyst suggests

By on May 3, 2011 at 12:27 PM.

674,000 Windows Phone devices sold to date, analyst suggests

Famed Russian technology blogger and analyst, Eldar Murtazin, thinks he has a beat on global Windows Phone sales figures, and the results are grim. Murtazin notes that although the company has shipped 1.5 million handsets worldwide, it has only sold 674,000 to end-users. The article’s author never indicates where his information originates from, but Murtazin has a proven track record when it comes to providing accurate insider information in the mobile space. Selling 674,000 smartphones certainly isn’t anything to to be ashamed of, but we’re not sure it is cause for celebration either. More →

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