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RIM’s Q4 likely to disappoint, iPhone 5 will overshadow BlackBerry 10

March 1st, 2012

Research In Motion is likely to report a disappointing February quarter according to Jeffries & Company analyst Peter Misek, and the company may soon pre-announce results as a warning. “We are cutting our RIM estimates and target based on our belief that there is a greater than 50% chance that RIM will negatively pre-announce the February …

Facebook brings ads to mobile news feed and logout screen

February 29th, 2012

Facebook on Wednesday announced at the company’s Marketing Conference that premium ads will now appear in its mobile application. Advertisements will be displayed on mobile news feeds — much like Twitter’s “promoted” tweets — starting immediately, with desktop logout screen advertisements scheduled to roll out in April. Previously, users would only see ads in the …

Go Apple or go home? T-Mobile continues to flounder without the iPhone

February 23rd, 2012

T-Mobile USA on Thursday reported a rough holiday quarter during which the company lost a net 802,000 contract subscribers. In its earnings release, T-Mobile mentions Apple’s iPhone — a device is does not sell — a total of seven times, repeatedly blaming its poor fourth-quarter performance on the absence of Apple’s smartphone from its store shelves. “The …

T-Mobile reports big subscriber losses in Q4, says it will launch LTE in 2013

February 23rd, 2012

T-Mobile on Wednesday reported earnings for the company’s holiday quarter, which saw the carrier lose 802,000 customers causing revenue to drop 3.3% to $20.6 billion. The Deutsche Telekom-owned company is the only major U.S. carrier that does not carry Apple’s iPhone, which it blames for the defections, however T-Mobile is looking to bounce back with …

HP reports Q1 earnings: EPS beats but revenue and Q2 guidance both miss

February 22nd, 2012

Hewlett-Packard on Wednesday reported its fiscal first-quarter earnings, which fell short of Wall Street’s expectations. Analysts expected the computer giant to pull in $30.75 billion and $0.87 per share, and while HP’s first-quarter earnings of $0.92 per share beat the Street’s consensus, revenue dipped 7% to $30 billion and missed estimates. “In the first quarter, …

Foxconn owner Hon Hai reports huge revenue growth in January

February 15th, 2012

Hon Hai Precision Industry Company, Ltd., parent company of original device manufacturer Foxconn, reported huge revenue growth of nearly 50% for the month of January, Taiwan Economic News reports. The manufacturing giant enjoyed performance that beat forecasts last month, with revenue ballooning 47.9% year-on-year to NT$274.6 billion, or approximately $9.1 billion USD. Revenue was down …

A single share of Apple stock now costs more than an iPad

February 13th, 2012

The “Apple is worth more than” meme has gotten plenty of play over the past year, but a new measure of Apple’s success emerged on Monday that is as simple as it is monumental: a single share of Apple stock now costs more than an iPad. As of the open of the market on Monday, Apple’s …

Can smartphone vendors survive with Apple and Samsung dominating the industry?

February 9th, 2012

Apple and Samsung are in the midst of a patent-fueled war with no end in site, but the pair has also inadvertently joined forces to make it increasingly difficult for other vendors to continue making smartphones. New estimates suggest Apple and Samsung combined to take in a staggering 95% of smartphone industry profits in the fourth …

E Ink revenues nose dive 60% in January

February 8th, 2012

E Ink, the popular company that provides paper-look gray-scale displays for eReaders, reported consolidated revenues of $48.02 million in January, down 63.6% from the same month last year and 11% sequentially. The growing popularity of media tablets with full-color displays likely played a big role in the decline — sales of Amazon’s Kindle Fire and …