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Q2 2011

Canalys: Android shipments balloon 379% in Q2, iOS now No. 2 smartphone platform

August 1st, 2011

While Apple owns the largest share of handset shipments and profits among the world’s top smartphone vendors, Android is still the No. 1 smartphone operating system on the planet by a wide margin. Market research firm Canalys on Monday released its second-quarter smartphone figures, reaffirming impressive growth across the global smartphone industry. The firm says …

Apple's iPhone accounted for 66% of Q2 smartphone profit among top vendors

July 29th, 2011

With just two smartphone models available for sale, Apple took in two thirds of profits from smartphone sales in the second quarter among the top eight vendors in the world. The news comes following Strategy Analytics’ confirmation that Apple is also the world’s top smartphone vendor by volume. Four of the eight major smartphone vendors …

Nielsen: Apple top U.S. smartphone vendor, Android top OS in Q2

July 28th, 2011

Android continued on its warpath this past quarter, once again showing gains as it retained its position as top smartphone platform in the United States. Nielsen on Thursday issued its second-quarter smartphone market share data for the U.S., and Android finds itself atop the list again with 39% of the market. IOS remains in the …

Sprint reports big Q2 loss as it sheds 101,000 postpaid subs

July 28th, 2011

Sprint on Thursday reported greater than expected losses in the second quarter despite modest revenue growth. The nation’s No. 3 carrier pulled in $8.3 billion in its June quarter, up 4% from the same quarter a year prior, but it wasn’t enough to bring the company back into the black. Sprint’s net losses in the …

LG revenue hits $13.3B in Q2 on strong TV sales; mobile biz grows, still not profitable

July 27th, 2011

LG on Wednesday reported second-quarter earnings that showed notable growth, though the consumer electronics giant still hasn’t found a way to return its mobile business to profitability. The company’s revenue for the quarter reached KRW 14.4 trillion (U.S. $13.3 billion), up 9.3% sequentially. Following two straight quarters of losses, LG reported a net profit of KRW 108 …

RadioShack dumps T-Mobile, will offer Verizon instead from mid-September

July 26th, 2011

Verizon Wireless products and services have been noticeably absent from RadioShack’s wireless portfolio, but that comes to an end this fall. The nationwide retailer on Tuesday announced an agreement that will finally see it begin to offer devices from the country’s top carrier on September 15th. At the same time, The Shack announced that it will stop …

Verizon Q2 earnings top estimates; CEO will step down

July 22nd, 2011

Verizon Communications on Friday reported second-quarter earnings that topped the Street’s estimates, though it failed to match AT&T’s impressive wireless growth during the quarter. Revenue climbed to $27.5 billion in the June quarter, up 2.8% from the same quarter last year. EPS was up 6 cents sequentially to $0.57, a huge swing from the second …

Apple passes Nokia to become world’s top smartphone vendor

July 21st, 2011

Continued strong sales of Apple’s blockbuster smartphone have propelled the Cupertino-based company into the No. 1 spot globally. As noted by the Financial Times, Apple shipped 20.34 million iPhone handsets last quarter, up from 18.7 million units in the first quarter of 2011. Meanwhile Nokia’s smartphone shipments dropped from 24.2 million units in the first …