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Q2

Deutsche Bank gives Sprint buy rating, cites success of EVO 4G

July 20th, 2010

Right before Q2 earning go live, Deutsche Bank has knighted Sprint with the coveted “buy” rating. DB noted that they “expect Sprint’s 2Q results to highlight continued improvements in its post paid ops,” which prompted Deutsche Bank to reduced their estimate for post-paid net losses from 500,000 to 400,000 for the quarter. The firms analysts credit strong sales …

Google has strong Q2, 24% revenue growth year-over-year

July 16th, 2010

Mountain View, CA search juggernaut Google has announced their Q2 2010 financial results… and it all looks very good. Google posted revenue of $6.82 billion for the quarter (up 24% YoY), a net income of $1.84 billion (up from $1.48 billion), an effective tax rate of 24%, cash, cash equivalents, and short-term marketable securities of …

Intel has best quarter in company history, up 38% year-over-year

July 13th, 2010

Intel has just announced earning for the second quarter of 2010, and what a quarter it was. Intel posted a revenue of $10.8 billion (up 34 percent year-over-year), operating income of $4 billion, net income of $2.9 billion, and an EPS of 51 cents. Not bad! Intel’s CEO, Paul Otellini, said, “Strong demand from corporate …

Apple blows away expectations in Q2

April 20th, 2010

Apple posted its Q2 2010 results and to say they’re impressive would be an understatement. Beating analyst expectations in practically every way possible, the Cupertino company sold 2.94 million Macs, 8.75 million iPhones and 10.89 million iPods. Analysts were only expecting 2.7 million iMacs, 6.8 million iPhones and 9 million iPods to be sold. In terms …

T-Mobile reports Q2 2009 earnings; income up, subscriber adds slowing

August 6th, 2009

T-Mobile USA just turned in its Q2 2009 numbers and while things weren’t all bad for the nation’s number four, Tmo is seeing its progress slowed while both Verizon and AT&T continue to gobble up subscribers by the millions. T-Mobile netted 325,000 new subscribers last quarter, down from 668,000 YoY and 415,000 sequentially. Of all …

Sprint reports Q2 results, sheds almost 1 million postpaid subs

July 29th, 2009

Still managing to skirt the ever-present how many Palm Pres has the company sold question, Sprint reported its Q2 2009 results this morning. While the company did post a slightly bigger loss than expected, it wasn’t the bone crushing declines we’ve seen from Old Yeller in recent history. Operating revenue came in at $8.1 billion, …

Verizon issues Q2 subscriber count; full results coming Tuesday

July 25th, 2009

While we wait patiently for the 27th to see how the recession treated Big Red this past quarter, Verizon has issued its first little taste of Q2: 1.1 million net subscriber additions. The number is very respectable of course, though it falls short of the 1.4 million reeled in by AT&T over the same period …

AT&T Q2 beats the Street, income still dives 16%

July 23rd, 2009

AT&T released its results for Q2 2009 this morning and while there’s no question its performance in the quarter was solid, not all is peachy for the nation’s number two wireless carrier. First things first… The iPhone: AT&T activated 2.4 million iPhones in Q2, meaning almost two and a half million iPhones were sold in …