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Q4 2010

Android tablets finally dent iPad market share

January 31st, 2011

Lead by the impressive sales of Samsung’s Galaxy Tab, the Android platform is finally starting to gain momentum in the emerging consumer tablet market. Analytics firm Strategy Analytics reports that Android owned 22% of the global tablet market in the fourth quarter of 2010. The iPad’s share of the market dropped from 96% to 75% …

Android dethrones Symbian as No. 1 smartphone OS, says Canalys

January 31st, 2011

Canalys today becomes the first major firm to report a changing of the guard we all knew was coming. According to the industry watcher’s fourth-quarter 2010 data, Google’s Android platform outsold Nokia’s Symbian OS to become the best-selling smartphone platform in the world. Canalys’ figures show 32.9 million Android-powered smartphones having been shipped last quarter, …

Samsung reports Q4 earnings: revenue and income grow, profit slides

January 28th, 2011

Samsung on Friday reported its fourth quarter and full year 2010 earnings, highlighting revenue and net income growth but missing Wall Street’s consensus as operating profit slid for the first time in six quarters. The company posted fourth quarter revenue of 41.87 trillion won, up 7% from the same quarter in 2009, and net income …

ZTE displaces Apple as No. 4 phone maker; RIM bumped from top 5

January 28th, 2011

Chinese consumer electronics company ZTE exploded from the “other” category in the fourth quarter of 2010 to displace Apple as the No. 4 cell phone maker in the world. In doing so, the Chinese manufacturer also bumped RIM off of the top 5 list for the quarter and, more alarmingly perhaps, for the full year. Market …

Nokia Q4 earnings: profits fall for third straight quarter, market share slides

January 27th, 2011

Nokia revealed its third consecutive decline in profits as the struggling cell phone maker reported its fourth-quarter 2010 earnings. Net sales grew 6% year-over-year to €12.65 billion, but operating profit slid 26% from €1.47 billion in the fourth quarter of 2009 to €1.09 billion. Operating profit margin in the company’s Devices and Services division was …

LG reports record Q4 loss, record drop in annual profit

January 26th, 2011

Try as it may, 2010 is a year that LG Electronics will not soon forget. The struggling electronics giant on Wednesday reported its fourth quarter earnings and put the cap on its worst year on record. The company posted a fourth-quarter net loss of 256.4 trillion won compared to profits of 361.9 billion won in …

Motorola Mobility reports Q4, full year earnings; Q1 2011 guidance bleak

January 26th, 2011

Motorola Mobility on Wednesday reported its fourth quarter and full year 2010 earnings. It also gave grim but anticipated guidance for the first quarter of 2011 as Verizon Wireless, the company’s top carrier partner, prepares to launch the iPhone 4. Motorola’s revenues were up 21% year-over-year to $3.4 billion and net revenues from the company’s …

Verizon adds 872,000 subscribers, doubles profit in fourth quarter

January 25th, 2011

Shares of Verizon Communications stock slid over 1% in after-hours trading Tuesday morning as the company reported its fourth quarter earnings. Despite almost doubling profit from $2.37 billion in the fourth quarter of 2009 to $4.65 billion in 2010, earnings of $0.54 per share missed the Street’s consensus of $0.55 per share and revenue fell …

Sony Ericsson sees small profit in Q4; shipments decline

January 20th, 2011

Things have been rough for Sony Ericsson over the past couple of years. Intriguing new gear is on the way from this once-great Swedish joint venture, with a few sexy smartphones like the Xperia arc in the pipeline and the highly anticipated PlayStation Phone, the Xperia Play, finally about to become a reality. Unfortunately, however, …