Click to Skip Ad
Closing in...



Q1 2011

Canalys: Android dominance grows as Q1 market share climbs to 35%

May 4th, 2011

Market research and analysis firm Canalys on Wednesday released its global country-level smartphone market share data for the first quarter of 2011. According to the firm’s report, Android continued to dominate the worldwide smartphone market as global shipments grew to 37.5 million units, giving Google’s mobile OS a market-leading 35% share of smartphone sales in …

LG profits up, mobile shipments down, in Q1 2011 earnings

April 28th, 2011

LG struggled in 2010, but it’s slowly righting the ship in 2011. The firm reported its Q1 2011 earnings on Wednesday, and its operating profit of 131 billion won was the first positive return in the past three quarters. LG attributed the change to successful cost-reduction efforts and steady performance across all four of its …

Netflix reports subscriber growth, revenue spike in Q1 2011 earnings

April 26th, 2011

Netflix released its fiscal first quarter 2011 earnings on Monday and, thanks to record amounts spent on marketing, the firm reported an increase in net customer additions and a spike in revenues. The video subscription service added 3.3 million domestic net customers during the quarter, a 94% increase year-over-year — that service now serves 23.6 …

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 …

ThunderBolt outsells iPhone 4 at Verizon, firm claims

April 20th, 2011

AT&T on Wednesday reported impressive first-quarter iPhone activations that hardly seemed affected by the carrier’s recent loss of iPhone exclusivity. Now, investment research firm ITG is suggesting Verizon Wireless’ iPhone 4 might not even be the carrier’s top seller anymore. As reported by the New York Post, ITG claims that the 4G LTE-capable HTC ThunderBolt …

Sony Ericsson reports Q1 2011 results; profit cut in half on slow sales

April 19th, 2011

Sony Ericsson on Tuesday reported its earnings for the first quarter of 2011, during which profit fell sharply on slowed device shipments. While smartphones made up twice the number of total device sales compared to the same quarter in 2010, Sony Ericsson still only managed to ship 8.1 million devices — compared to 10.5 million …

Google posts 27% increase in revenues; Q1 earnings slightly miss mark

April 14th, 2011

Internet juggernaut Google has released its financial results from the first-quarter of 2011, and things are looking pretty good. The company posted revenues of $8.58 billion during the quarter — which represents a 27% increase year-over-year — with $5.88 billion of that figure being generated by Google-owned websites. The company failed to meet Wall Street’s …