Wake up call: 59% of mobile apps don't earn enough to break even
With Instagram recently having been acquired by Facebook for $1 billion and OMGPOP, makers of Draw Something, cashing in for $200 million, developers are attacking …
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Motorola posts $86 million Q1 loss, tops revenue estimates
Motorola Mobility on Tuesday reported its financial results for the first quarter. The struggling vendor managed $3.08 billion in sales, narrowly topping Wall Street’s $3.03 …
Samsung now No.1 in smartphone share, but Apple owns revenue
Despite the fact that Samsung surpassed Apple in terms of global smartphone market share, Apple’s iPhone generates more revenue than Samsung’s entire mobile division, according …
Samsung’s Q1 profit balloons 82% on strong smartphone sales
Samsung managed to top its pre-announced earnings when it reported results for the first calendar quarter of 2012 on Friday morning. The company reported a record operating …
Amazon crushes estimates in Q1, posts $130 million profit on $13.18 billion in sales
Amazon on Thursday reported its financial results for the first quarter of 2012. Analysts were looking for a profit of $0.07 per share on $12.86 …
Huawei looks to ship 60 million smartphones this year
Huawei, the world’s sixth largest mobile phone vendor, said on Wednesday that it expects to ship more than 100 million mobile phones in 2012, including …
Google had hoped partners would sell 10 million Android tablets in 2011
Even before the release of the first Android tablet and the Honeycomb operating system, Google predicted its partners would sell more than 10 million tablets a year …
‘Apple fever rocks on’
Despite early-morning jitters on Wall Street, Apple on Tuesday reported yet another blow-out quarter. The Cupertino, California-based company managed the second most profitable quarter in …
Sprint posts $863 million loss in Q1, adds 263,000 net Sprint subscribers
Sprint posted its first-quarter financial results on Wednesday ahead of the bell. Analysts were anticipating another rough quarter, and Wall Street’s consensus had the nation’s …
Tim Cook: Apple isn’t worried about potential carrier subsidy squeeze
Apple on Tuesday reported a huge quarter, crushing analysts’ estimates for the second fiscal quarter of 2012. During the earnings call that followed the company’s release, Apple …
Apple crushes estimates in Q2, reports profit of $11.6 billion on $39.2 billion in revenue
After a rough month that saw Apple’s stock tumble nearly $90 from a high of $644 earlier this month to as low as $555.18 on …
HTC sees decline continuing in Q2 as Apple, Samsung dominate smartphones
HTC on Tuesday forecast lower revenue for the second quarter this year, trimming its profit margin guidance at the same time. The struggling Taiwan-based vendor …
AT&T posts better-than-expected profit in Q1, sells record 5.5 million smartphones
AT&T on Tuesday reported its results for the first quarter of 2012. Following a record holiday quarter that saw the nation’s No.2 carrier pull in $0.42 …
Netflix beats estimates in Q1; posts narrower loss on $870 million in sales
Netflix posted its financial results for the first quarter of 2012 after the bell on Monday. The company reported a loss of $0.08 per share, …
Apple’s ‘iTV’ to dominate high-end TV market while other vendors are in ‘crisis mode’
Apple’s upcoming entry into the high-definition television space is set to blow the high end of the TV market wide open while current market players …
Microsoft posts Q3 beat: Operating income grows to $6.37 billion on $17.41 billion in sales
Following the huge loss reported by major mobile partner Nokia, Microsoft posted its fiscal third-quarter results on Thursday following the close of the market. Wall …
Verizon reports Q1: Earnings up 16%, 734,000 net subscriber additions
Verizon on Wednesday reported earnings for the first quarter that narrowly beat analysts’ expectations. The nation’s top carrier posted a profit of $0.59 per share, …
Nokia posts huge $1.7 billion Q1 loss; sales boss resigns as smartphone sales plummet 50%
Nokia warned that its first-quarter earnings would be weak, and the numbers are now in. Revenue declined 30% to €7.4 billion, or $9.7 billion USD last …
Apple’s next iPhone launch could be most important in smartphone history
Apple’s iPhone 4S marked the biggest device launch in the company’s history. A number of industry watchers and news sites were expecting a completely redesigned handset, …
HTC rebound hits early rough patch
HTC’s stock was hit hard on Tuesday following news of Samsung’s imminent Galaxy S III announcement, which couldn’t have come at a worse time for …
Google posts Q1 results, beats Wall Street’s consensus; announces 2-for-1 stock split
Google on Thursday reported its results for the first quarter, topping Wall Street’s estimates. The Internet giant managed earnings of $10.08 per share on $10.65 …
‘Extremely poor’ Symbian sales, mixed Lumia sales to leave Nokia with another rough quarter
Nokia is in store for yet another rough quarter according to Canaccord Genuity analyst Mike Walkley. The struggling Finnish phone vendor posted a massive €954 million …
Sony sees massive $6.4 billion annual net loss, its worst ever
Sony has revised its full-year earnings projections for the fiscal year ended March 31st to include a tax hit that will see the company report …
Samsung to report record Q1 as profits double
Samsung Electronics on Friday reported unaudited earnings results for the first calendar quarter of 2012. Following a record holiday quarter that saw the company pull …
HTC sees sharp decline in Q1 revenue, profit
HTC on Friday reported unaudited earnings for the first quarter, revealing an extremely rocky start to the new year. The company warned that its first …
Topeka: ‘Apple fever has more room to run’
The world’s most valuable company is showing no signs of slowing down, and numerous industry watchers believe Apple will continue to grow despite increased competition …
Nearly 1 billion smart connected devices shipped in 2011
The International Data Corporation on Wednesday announced that shipments of smart connected devices —including PCs, tablets and smartphones — reached 916 million units and surpassed …
