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2011

Google reports huge Q3; revenue up 33%, profit up 26%

October 13th, 2011

Google announced its third quarter 2011 results on Friday, which surpassed analyst expectations. “We had a great quarter,” Google CEO Larry Page said. “Revenue was up 33% year on year and our quarterly revenue was just short of $10 billion,” Page explained, noting that the company’s brand new Google+ social network now has more than …

Gartner: Global PC shipments jump just 3% in Q3 2011

October 12th, 2011

Global shipments of PCs grew slightly but less than analysts had predicted during the third quarter of 2011, Gartner said recently, citing preliminary findings of a new research report. 91.8 million PCs were shipped during the quarter, a 3.2% jumped from the same quarter of last year. The figures are lower than Gartner’s original estimate, …

EReader shipments may balloon 183% to 34.8 million this year

September 14th, 2011

Global shipments of eReaders are expected to skyrocket this year, ballooning 183% from last year to reach 34.8 million units. According to new data from the Market Intelligence & Consulting Institute, part of Taiwan’s Institute for Information Industry, 12.3 million dedicated eBook readers shipped in 2010. The figure is relatively in line with earlier estimates …

AT&T network ranked worst among major U.S. carriers by J.D. Power [updated]

August 29th, 2011

Wondering why AT&T is hustling to get that 4G LTE network up and running ahead of schedule? AT&T has been ranked worst among the four major wireless carriers in the U.S. according to the J.D. Power and Associates U.S. 2011 Wireless Network Quality Performance Study. The major nationwide survey looks at overall network performance for the …

Acer reports first quarterly loss in company history as slump continues

August 25th, 2011

Acer reported its second-quarter results on Wednesday and revealed its first ever quarterly loss. The company recorded a net loss of NT$6.79 billion, versus Wall Street estimates that the firm would report a NT$3.3 billion loss. The poor performance was blamed on Acer’s focus to clear up “excessive inventory” and on severance payments that were …

IHS ups tablet forecast, still sees Apple's iPad share sinking through 2015

August 24th, 2011

Market research firm IHS iSuppli has revised its global five-year tablet shipment forecast, which now estimates that 60 million tablets will be shipped this year and 275.3 units will ship in 2015. IHS had previously estimated that 262.1 tablets would ship in 2015. Most of the firm’s changes revolve around increased market share estimates for …

Apple could introduce 'absolutely different' Mac by end of 2011

August 22nd, 2011

Apple may be working on an entirely new Mac product, according to macotakara.jp. The website cites an “anonymous Apple supplier” who says that Apple is working on a new Mac family that will be “absolutely different” from what the Cupertino-based company currently offers. It is unclear what “absolutely different” parts the computers will have, but …

HP reports Q3 earnings: revenue up over last year, weak 2011 guidance

August 18th, 2011

HP reported its third quarter 2011 results on Wednesday, missing the Street’s estimates considerably. Net revenues of $31.2 billion were up from the 30.7 billion HP reported during the same quarter in 2010 and also up from the $31.6 billion the company reported during the second quarter. The figures are in line with HP’s guidance of …

Apple's iPad will still dominate tablet market after a decade, Needham says

August 8th, 2011

Apple’s popular iPad line will still dominate the consumer tablet market a full decade after its initial launch, according to one analyst. In a new report, Needham analyst Charlie Wolf sees the iPad’s share of consumer tablet shipments declining gradually over the next nine years to 60% in 2020. 60%, of course, is still an overwhelming …