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2011

Motorola Mobility ships 250,000 XOOM tablets in Q1; $3B in net revenues

April 28th, 2011

In the company’s first-quarter earnings disclosure, Motorola Mobility finally put a number on XOOM tablet shipments: 250,000. “The Company shipped a total of 9.3 million mobile devices, including 4.1 million smartphones and more than 250,000 Motorola XOOM tablets,” reads the report. “In the first quarter of 2010, the Company shipped 8.5 million mobile devices, including 2.3 million smartphones.” …

Tablets fuel 7% growth in global PC market, report says

April 28th, 2011

According to a new report issued by Canalys today, the global PC market grew 7% during the first quarter of this year – largely fueled by tablets. There were 88.6 million PC shipments during the quarter, up from 82.8 million during the same quarter last year. HP had a 66% share of the shipments, followed …

Apple cuts CDMA iPhone 4 production in half?

April 28th, 2011

DigiTimes is reporting that orders for CDMA iPhone 4 units assembled by Pegatron have been cut in half — with only 5 million devices being manufactured in the initial 2011 order, down from 10 million units. Pegatron just this week reported a net loss of $19 million for the first quarter of 2011, which is …

Sprint has banner quarter, still posts net loss

April 28th, 2011

Moments ago, Sprint released its earnings report card for the first quarter of 2011, and things are definitely improving. The company saw its largest increase in wireless customers in the last five years, adding 1.1 million subscribers across all Sprint brands — prepaid net additions totaled 846,000 lines and postpaid adds totaled 310,000 lines. The …

iPad 2 sales to balloon 200% this quarter according to analyst

April 25th, 2011

Asymco’s Horace Dediu has a long history of pegging Apple earnings, and on Monday morning the analyst issued his revenue and EPS estimates for Apple’s third fiscal quarter of 2011. Dediu expects Apple to outpace its guidance, as usual, which the company set at 47% revenue growth and 43% EPS growth last week. Based on …

Lower Q1 iPad sales prompt analysts to slash 2011 tablet forecast for Apple

April 25th, 2011

Wall Street analysts are beginning to reevaluate their yearly iPad forecasts for Apple, Inc. Previous prognostications from the financial sector had the Cupertino-based company selling somewhere between 40 million and 50 million iPads during 2011. After Apple’s Q1 earnings call last week — where the company sold far fewer iPads than expected — the aforementioned analysts have started to reevaluate …

Apple overtakes Nokia, becomes world's largest handset vendor by revenue

April 21st, 2011

Strategy Analytics has published a report stating that Apple, Inc. has overtaken Nokia as the world’s largest handset vendor. “We estimate Apple’s wholesale revenues for its iPhone handset division stood at $11.9 billion in the first quarter of 2011,” said Alex Spektor, a Senior Analyst at the analytics firm. “Apple overtook Nokia for the first time, …

Verizon Wireless is activating iPhones faster than AT&T

April 21st, 2011

In the company’s earnings report on Thursday, Verizon Wireless revealed that it activated 2.2 million iPhone 4 units in the first quarter of 2011. While AT&T reported earlier this week that it activated 3.6 million iPhones in the March quarter — 64% more than Verizon Wireless — the story doesn’t end there. AT&T’s loss of …

Nokia reports Q1 earnings; smartphone share dips, profit dips more

April 21st, 2011

Nokia on Thursday reported earnings for the first quarter of 2011, which saw the Finnish giant’s smartphone market share dip below 30% for the first time in over a decade. Nokia shipped 24.2 million smartphones in the quarter, which is up a respectable 13% over the same quarter last year. But the market outgrew Nokia …