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Q4 2009

Sprint Q4 less bleak than prior quarters, still not good

February 11th, 2010

It is pretty indicative of the shape Sprint is in when reporting a net loss of $980 million and 69,000 net retail subscribers is considered an improvement. The number three carrier in the U.S. lost $0.34 per share — $0.23 per share when you factor out $306 million in deferred taxes — which did not …

Amazon has strong Q4, sold 3 million Kindles thus far?

January 29th, 2010

TechCrunch is reporting, under good authority, that it has information indicating sales of Amazon’s Kindle has already surpassed the 3 million mark. Analysts had predicted Kindle sales to eclipse the 2.5 million unit mark by the close of 2010… yes, that is 500,000 more units sold 365 days early. The report comes on the heels …

AT&T posts strong Q4, adds 2.7 million wireless subscribers

January 28th, 2010

AT&T is the latest company to turn in their Q4 report card, and so far, things are looking good. AT&T is reporting Q4 revenues of $30.9 billion with a net income of $3 billion. AT&T Wireless boasted a 2.7 million customer net-gain in Q4 — 7.3 million additions for the full year — and trimmed …

Nokia crushes Q4, net income up 65% from last year

January 28th, 2010

Nokia reported its Q4 earnings, and to put it mildly, they crushed it. Nokia shipped 127 million units worldwide during Q4 which fueled net sales of €12 billion. Here are a few other highlights from the release and accompanying balance sheet: Market share of 39%, up from 37% in Q4 2008 Q4 net income of …

Yahoo has a disappointing Q4 and 2009

January 28th, 2010

Yahoo, the number two company in search, announced its less-than-impressive Q4 earnings a few days ago. Their revenue was down 4% from Q4 of 2008 and totaled $1.73 billion; year-over-year revenue also dropped 10% to $6.46 billion in 2009. Yahoo’s freshman CEO Carol Bartz had this to say about the companies Q4: “The fourth quarter …

Even with wireless growth, Verizon posts Q4 loss of $653 million

January 27th, 2010

Yesterday, Verizon Communications, Inc. reported a Q4 loss of $653 million, despite a strong showing from its wireless division. Verizon Wireless has the most retail customers of any U.S. carrier, and added 2.2 million new lines during Q4 — almost all of which were post-paid customers — bringing their total customer base to 91.4 million. …

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. …

RIM beats Q4 forecasts, adds 3.9 million subs

April 3rd, 2009

In an economic climate where its been mostly doom and gloom, it’s nice to see that a few companies still know how to do one very important thing — turn a profit. One company that has been able to consistently do this over many years is RIM, maker of the BlackBerry smartphone who yesterday released …