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fourth quarter

T-Mobile reports big subscriber losses in Q4, says it will launch LTE in 2013

February 23rd, 2012

Dan Graziano

T-Mobile on Wednesday reported earnings for the company’s holiday quarter, which saw the carrier lose 802,000 customers causing revenue to drop 3.3% to $20.6 billion. The Deutsche Telekom-owned company is the only major U.S. carrier that does not carry Apple’s iPhone, which it blames for the defections, however T-Mobile is looking to bounce back with …

Entertainment

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June 17th, 2021

This mind-bending thriller on Netflix just rocketed to #1 on the charts

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Deals

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June 16th, 2021

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HTC promises change after admitting its bulky LTE phones have been weak so far

February 6th, 2012

Dan Graziano

HTC on Monday reported that the company’s fourth quarter earnings missed analysts’ estimates. While speaking on the vendor’s earnings call, HTC’s chief financial officer said that the manufacturer “dropped the ball” with its 2011 devices, SlashGear reports. Winston Yung admitted that the company’s LTE handsets were too thick, offered insufficient battery life and that there was plenty of …

IDC: Apple passes LG to become world’s third largest phone vendor

February 2nd, 2012

Dan Graziano

Thanks to a strong fourth quarter, Apple has passed LG to become the world’s third largest cell phone vendor by volume, according to new estimates from market research firm IDC. The worldwide mobile phone market grew 6.1% year-over-year in the fourth quarter as the feature phone market continued to decline to its lowest growth rate …

Motorola posts $80 million Q4 loss; ships 10.5 million mobile devices including 200,000 tablets

January 26th, 2012

Dan Graziano

Motorola Mobility on Thursday announced the company’s results for the fourth quarter last year. The vendor managed $3.4 billion in revenue but posted a net loss of $80 million, or $0.27 per share. Motorola posted a profit of $0.27 per share in the same quarter a year earlier. For the full year, the company’s revenue …

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

January 26th, 2012

Todd Haselton

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 …

Netflix adds 610,000 DVD subscribers, beats Q4 estimates

January 25th, 2012

Todd Haselton

Netflix on Wednesday announced its earnings for the fourth quarter of 2011. The company noted $876 million in revenue, up 47% from the same quarter last year, and earnings per share of $0.73. Analysts had pegged the company to report revenue in the ballpark of $857.4 million and EPS of $0.54, Barron’s relayed. Netflix also said …

Yahoo considers layoffs, reportedly freezes hiring

January 19th, 2012

Todd Haselton

Yahoo has frozen its hiring process and may even consider layoffs according to a new report. The news was revealed by AllThingsD on Thursday, which wrote that the choices were made ahead of expected weak fourth quarter earnings. Yahoo isn’t considering mass layoffs, however; instead, AllThingsD said they are likely to be “small and selective” …

MetroPCS adds 197,000 subscribers in Q4 but misses expectations

January 5th, 2012

Todd Haselton

MetroPCS on Thursday announced its fourth quarter 2011 subscriber results. The carrier added 197,000 net subscribers, which missed analyst expectations that the carrier would add between 214,000 and 250,000 net customer additions, Reuters said. The company stated that it ended the year with more than 9.3 million total subscribers and said it added about 1.2 million …

Netflix streaming subscribers watched more than 2 billion hours of video during Q4

January 4th, 2012

Todd Haselton

Netflix announced on Wednesday that its streaming subscribers around the world watched more than 2 billion hours of video during the fourth quarter of 2011. The company also said it served more than 20 million streaming subscribers during the quarter. “We were thrilled to deliver more than two billion hours of TV shows and movies …

HTC hopes to reverse Q4 sales slump with more competitive smartphones

November 28th, 2011

Todd Haselton

HTC said it will launch a number of new and competitive smartphone models, including a fresh batch of LTE devices in the United States, to help it end its fourth quarter slump. The company recently revised its outlook for the fourth quarter and said revenue would be flat, a move that came as a surprise …