Netflix adds 610,000 DVD subscribers, beats Q4 estimates
Netflix on Wednesday announced its earnings for the fourth quarter of 2011. The company noted $876 million in revenue, up 47% from the same quarter …
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Texas Instruments to close plants in Texas and Japan
Texas Instruments announced recently that, even though it reported better than expected chip sales during the fourth quarter of 2011, the company will shut down …
Apple reports record Q1 blowout, biggest quarter ever with 37 million iPhones, 15.4 million iPad sold
Following a rare miss in the fourth quarter, Apple on Tuesday reported record earnings in the fiscal first quarter that crushed expectations. Wall Street’s consensus …
Verizon reports record revenue growth in Q4, misses EPS estimates by a penny
Verizon on Tuesday reported its fourth quarter 2011 results. The company noted record revenue growth during the quarter, which it said was fueled by strong …
YouTube surpasses 4 billion video views per day
Google recently confirmed that YouTube now receives more than 4 billion video views per day. Reuters reported the news Monday morning and noted that the site has …
Google reports solid Q4 growth but misses revenue, EPS estimates
Google on Thursday reported solid growth in the fourth-quarter of 2011, but the company missed earnings estimates and shares of Google stock took a hit …
Microsoft reports record revenue in Q2, beats EPS estimates; Windows division declines
Microsoft reported its earnings for the quarter ended December 31st, 2011 Thursday and noted record revenue for its second fiscal quarter. Revenue of $20.89 billion …
Sony Ericsson posts Q4 loss, blames ‘intense competition’
Sony Ericsson on Wednesday posted a €247 million loss, blaming “intense competition, price erosion and restructuring charges” for its poor results. While the Swedish joint venture …
‘iPhone frenzy’ to drive huge Q1 for Apple
By all accounts, Apple is preparing to report the biggest quarter in the company’s storied history on January 24th, fueled by solid Mac sales, strong …
Hon Hai revenue jumps 19.9% in 2011
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. …
Apple will continue to earn majority of app download revenue in 2012
Apple will earn more than 53% of all mobile app download revenue this year, according to a new report from Strategy Analytics. The research firm …
Motorola Mobility misses Q4 estimates on shipments of 10.5 million phones
Motorola Mobility on Friday revealed preliminary results for the fourth calendar quarter of 2011. When the vendor reports its full results on January 26th, it …
HTC profit dives 26% in Q4 on stalled smartphone sales
As Samsung reported record preliminary results on Friday, rival HTC revealed a sharp drop in profit for the fourth quarter that the company foreshadowed this …
Samsung racks up record Q4 profit on huge smartphone sales
Samsung shipped an estimated 35 million smartphones in the fourth quarter — up from 27.9 million in the third quarter when it passed Apple to …
Top 10 most pirated movies of 2011 revealed as ticket sales and revenue continue to decline
Piracy is still a huge problem according to the music industry and Hollywood, and it’s hard to dispute the notion that downloading a paid digital product without …
RIM beats Q3 earnings; Q4 guidance worse than expected
Research In Motion on Thursday reported earnings for the third quarter of fiscal 2012. The struggling smartphone vendor announced earlier this month that it would …
Acer narrows focus as chairman sees ultrabooks slowing Apple’s growth
Acer will cut its product line by 66% in 2012 and focus on simplifying its portfolio, company chairman JT Wang recently said according to reports. …
Component orders from Nokia to grow 20% in 2012 on strong Lumia demand
Component suppliers in Taiwan expect orders from Nokia to grow 20% in 2012 as demand for Nokia’s Lumia smartphones increases. DigiTimes cites unnamed industry sources …
Kindle Fire likely a ‘blazing success’ despite lukewarm reviews, Morgan Stanley says
Amazon launched its Kindle Fire on November 14th, and reviews seem to be split evenly into two camps. One group says Amazon’s debut tablet falls …
Revenue from mobile hotspots to balloon 500% over next five years
Despite the proliferation of smartphones that include built-in mobile hotspot capabilities, the market for dedicated mobile hotspot routers like Novatel Wireless’s Mifi line of products …
HTC revenue dips 30% in November on slowed smartphone sales
After setting expectations in late November, HTC reported a significant dip in revenue on Tuesday as competition from the likes of Apple and Samsung continues …
RIM says it will miss Q3 guidance, plans to book charge due to poor PlayBook sales
Research In Motion announced ahead of the trading day on Friday that it will miss its third fiscal quarter guidance when it reports its earnings …
HTC cuts forecast on competition from Apple and Samsung, reevaluates S3 acquisition
Leading smartphone vendor HTC on Wednesday trimmed its fourth-quarter revenue forecast by roughly 23% as stiff competition from Samsung and Apple has seeming slowed sales. …
Messaging apps, VoIP already eating into carrier revenues, study finds
A new breed of messaging services and mobile Voice over IP clients like Skype are already eating into carrier revenues according to a new study. …
Dell reports stagnant Q3 revenue, CFO says prices may increase
Dell reported its third-quarter earnings on Tuesday, noting that its revenue of $15.4 billion was flat compared to the same period last year. GAAP earnings …
Call of Duty: Modern Warfare 3 declares war on sales records: 12M copies, $738M in first week
Activision’s Call of Duty: Modern Warfare 3 has become the fastest-selling video game in history, crushing previous records set by earlier titles in the Call …
Over half of net new Sprint subscribers utilize government-sponsored ‘Lifeline’ service
More than 50% of Sprint’s net new subscriber additions at any given time utilize a government subsidy program called “Lifeline,” which provides low-income Americans with …
T-Mobile USA revenues slip, contract customers continue to flee in Q3
T-Mobile USA on Thursday announced its results for the third quarter of 2011. The carrier said it added 126,000 net customers during the quarter, an …
More money being spent on online music than ever before, Gartner says
More money is being spent purchasing music online than ever before according to a new report from Gartner. The firm’s data suggests that consumer spending on …
iPhone 4S launch helps end HTC’s record revenue run
HTC has been on a tear this year, registering month after month of record revenue thanks to strong demand for its Android-powered smartphones. The Taiwan-based …
