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AT&T reports best-ever quarter for smartphones; 7.6 millon iPhones activated

January 26th, 2012

AT&T reported its fourth-quarter 2011 results on Thursday and noted that it achieved record mobile broadband and smartphone activations during the quarter. The company reported consolidated revenue of $32.5 billion, up 3.6% or $1.1 billion from the same quarter last year, but it posted a loss of $6.7 billion, or $1.12 per share. EPS swings …

Hon Hai revenue jumps 19.9% in 2011

January 13th, 2012

Taiwanese manufacturer Hon Hai reported revenue growth of 19.89% year-over-year in 2011 and 37.5% quarter-over-quarter in the fourth quarter last year, Taiwan Economic News said Friday. Hon Hai recorded $10.5 billion in revenue for the month of December, $92 billion in revenue for the year and $30.5 billion in revenue for the full fourth quarter of …

Sony Ericsson sales, net income slide in Q3; smartphones primary focus in 2012

October 14th, 2011

Sony Ericsson reported its third-quarter results on Friday and while several figures suggest the company is on the upswing quarter-over-quarter, its net income and shipments were still down compared to the same quarter in 2010. The company shipped 9.5 million devices during the quarter, up 33% from the 7.6 million it shipped last quarter but …

FTC antitrust investigators hone in on Android

August 11th, 2011

Antitrust investigators with the Federal Trade Commission are focusing on Google’s Android operating system and web search services, The Wall Street Journal reported on Thursday. Reportedly, there is some concern that Google prevents its Android partners from implementing services provided by Google’s competitors to their smartphones. One example comes from backin May, when Google blocked …

HTC posts stellar quarter; revenues up 104%, 12.1 million handsets shipped

July 29th, 2011

HTC posted impressive second-quarter results on Friday noting that its profit of NT$17.52 billion was up 104% year-over-year and up 19% over the first quarter. The Taiwanese phone maker’s shipment total of 12.1 million devices during the quarter was up 24% year-over-year and 25% quarter-over-quarter. The company also noted that it shipped a total of …

Microsoft to power English search results on Baidu

July 5th, 2011

Microsoft has struck a deal to provide English search results in Baidu, China’s most popular search engine. According to The Wall Street Journal, Microsoft anticipates that the Bing-labeled English search results will help expand its Bing brand in China. Baidu also hopes that the partnership will help its efforts to expand its search engine to …

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 …

Apple calls foul on web browser speed test

March 17th, 2011

Earlier today, we told you about a study conducted by Blaze Software comparing the native browser speeds in Apple’s iOS and Google’s Android. The results of over 45,000 tests were published, and the firm concluded that Android was roughly 52% faster than iOS in terms of browser performance. Not so fast, says Apple. In a statement to …

Apple’s market cap passes $300 billion

January 3rd, 2011

Apple’s stock is up around 7 points at the time this post was published, and you know what that means… the company’s market cap is now above $300 billion. The actual number is more like $302 billion, but who’s counting a measly two billion at this point, right? Shares of Apple are trading at around $330 which …