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Q1 2010

iPad 2 to ship from Foxconn in February

December 7th, 2010

A new report Tuesday morning suggests Apple has notified Foxconn, its next-generation iPad manufacturer, that initial shipments will commence in the next 100 days. The unconfirmed report originates from China’s industry watchdog, DigiTimes, and suggests that initial shipments will be in the 400,000 to 600,000 range. Those numbers seem quite low for the sequel to …

Dell sees profits increase 52%, analysts still unhappy

May 20th, 2010

Dell, the third-largest PC maker in the world, showed strong growth in Q1 of 2010 as profits totaled $441 million — or $0.22 per share — up 52% from a year ago. Revenue climbed 21% (to $14.9 billion) from the previous quarter thanks to a 21.4% increase in PC shipments; a spike which Dell attributed …

Despite modest gains T-Mobile USA sheds 77,000 customers in Q1

May 12th, 2010

The Q1 2010 numbers for T-Mobile USA are in, and they look… well, just okay. Let’s get the bad stuff out of the way first, shall we? T-Mo lost 77,000 customers in Q1 of 2010 — which looks pretty dismal when compared to the 415,000 net gain of Q1 2009 — bringing their total customer …

Sprint announces Q1 results, sheds 75,000 additional customers

April 28th, 2010

The results for Q1 2010 are in for the #3 wireless carrier in the U.S., and the results are more of the same. Sprint shed 75,000 additional customers and posted operating revenues of $8.1 billion, a $865 million loss. The company’s churn rate was at 2.15%, an improvement from Q1 2009 (2.25%), but slightly up …

Verizon posts its Q1 results

April 22nd, 2010

Yesterday, AT&T had its say by announcing its Q1 2010 results, so it is only fitting today is Verizon’s turn. Unfortunately for Big Red, it didn’t fare as well as Ma Bell. Over the past three months, 423,000 new post-paid customers put ink to a contract. Overall, Verizon gained 1.5 million net customers to bring its …

AT&T's wireless division posts solid gains in Q1

April 21st, 2010

For all that’s been said in the past year about the poor performance of AT&T’s network, it seems the average person simply doesn’t care, as AT&T just announced its Q1 2010 results and — surprise! — the wireless division fared very well. Here are the key takeaways. AT&T gained 1.9 million subscribers (a Q1 record) and …

Google posts strong Q1 earnings

April 16th, 2010

Yesterday, Google announced strong earnings for the first quarter of 2010, as the search company generated $6.77 billion in revenue — a 23% increase year-over-year. Just under $4.5 billion of that sum came from Google-owned websites, while a staggering $2.04 billion came from Google’s AdSense platform. The company’s acquisition war chest is also in great …

Sony Ericsson posts its first profitable quarter since 2008

April 16th, 2010

Troubled phone maker Sony Ericsson had a nice surprise for its investors this morning, as it announced that Q1 2010 was its first profitable quarter in just under two years. While the company shipped 4.1 million fewer handsets than in Q4 2009, it did manage to make gains where it ultimately counts, posting an income …

HTC Q1 profits up 19% year-over-year

April 6th, 2010

Today, HTC reported its 2010 Q1 earnings, and the vitals from the mobile handset giant all seem to be positive. Q1 revenues jumped 19% from Q1 of last year to $1.2 billion, with a net profit of $158 million and earnings per share at $0.20. The positive numbers prompted investment firm Morgan Stanley to raise …

Palm announces Q1 2010 results

September 17th, 2009

Palm today announced its Q1 results for the fiscal year 2010. The struggling handset maker moved 823,000 devices in Q1, the bulk of which Palm claims to have been Pre handsets. Unbelievably, the company still managed to avoid giving any firm numbers with regards to Pre sales, meaning it’s now extremely safe to say they …