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profits

RIM Q3 beats the street; good Q4 guidance

December 16th, 2010

Research In Motion reported its third quarter earnings Thursday evening, and it beat Wall Street’s estimates in several key areas. The BlackBerry maker’s revenue was up 40% year-over-year to $5.5 billion on record shipments of 14.2 million devices — also up 40% year-over-year. This beat the street’s consensus of $5.4 billion in revenue and shipments …

HTC reports record revenue in Q4

October 29th, 2010

HTC reported a record quarter Friday as its 2010 smartphone shipments were more than double the previous year. HTC saw record revenue in Q4, topping $3.3 billion on shipments of 9.9 million units. The company reports that it shipped almost 25 million total units in its fiscal 2010. HTC, which went public just three years …

Motorola reports first growth quarter since 2008

October 28th, 2010

Motorola announced its Q3 results on Thursday and while the seemingly imminent arrival of the Verizon iPhone weighs heavily on investors’ minds, Motorola managed to report its best quarter in some time. Sales in the third quarter were up 13% year over year to $4.9 billion and phone revenue came in at $2 billion, up …

Sprint adds 644,000 wireless subscribers in Q3, posts $911 million net loss

October 27th, 2010

Admit it, everyone loves an underdog. If you’ve been paying attention to the transformation Sprint has been undergoing over the last few years… you know you’re pulling for them too. After all, competition and parity in the wireless market place only benefits the consumer. Today, Sprint posted its Q3 2010 earnings report and the results, …

AT&T expecting "record numbers" in Q3

September 21st, 2010

Randall Stephenson, AT&T’s CEO, recently spoke at the Goldman Sachs Communacopia XIX Conference and said, ” We’re on pace to set a record for integrated devices.” That’s pretty amazing considering the fierce competition Verizon Wireless and Sprint have been giving each other. Stephenson went on to detail that the iPhone 4, the BlackBerry Torch, and …

Author: I sell 60 books on the Kindle to every one iBook

August 23rd, 2010

Back in June, Steve Jobs claimed that the iPad had captured 22% of the ebook market since its release in April of this year. J.A. Konrath, a popular fiction author, has recently stated that he is not seeing anywhere close to the figure touted by Apple’s CEO. In a recent blog post, Mr. Konrath wrote: …

iPad propelling Apple retail store business, up 72.8% year-over-year

August 5th, 2010

Digital Daily has published an interesting report about the profitability of Apple retail stores. The report states that in Apple’s last quarter — Q3 for Apple — the fruit company’s retail arm brought in $2.58 billion, a 72.8% jump from Q2 of 2009. In a retrospective comparison, Digital Daily notes that $2.58 billion is, “greater than the company’s total quarterly revenue …

HTC sees profits jump 33%, revenue 58% year-over-year

July 6th, 2010

The WSJ is reporting that Taiwanese handset maker HTC saw Q2 unaudited net profits rise 33% in 2010. Some key metrics from HTC’s Q2 include: $268 million in unedited profit, earnings of $0.37/share, and revenue growth of 58% (beating out HTC’s April forecast of 50% growth). Yuanta Securities analyst, Bonnie Chang, predicts that HTC will …

Analyst: Nokia could issue Q2 profit warning next week

June 11th, 2010

FierceWirelss is reporting that Macquarie Group analyst, Phil Cusik, anticipates Nokia to issue a Q2 profit warning as early as next week. Cusik cites: lower demand in Europe, a weak Euro, and “stale” products as the basis for his profit warming prediction. In April, Nokia had foretasted sales of handsets and services to be roughly …

AMD posts first profit in 13 quarters

January 22nd, 2010

It has been a long, and at times, ominous road for number-two chip maker AMD, however, we are happy to report that there is reason for the underdog to celebrate. After 13 consecutive quarters of operating in the red, AMD has reported a net income of $1.18 billion dollars for the fourth quarter of 2009. …