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revenue

HTC revenue dips 30% in November on slowed smartphone sales

December 6th, 2011

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 to heat up. The Taiwan-based vendor took in NT$30.95 billion during the month of November, down 20% compared to November 2010 and 30% sequentially. HTC warned last month that revenue in …

HTC cuts forecast on competition from Apple and Samsung, reevaluates S3 acquisition

November 23rd, 2011

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. The Taiwan-based company became the No.1 smartphone vendor in the U.S. by shipment volume last quarter, but a six-month string of record revenue came to an end in October following …

Messaging apps, VoIP already eating into carrier revenues, study finds

November 18th, 2011

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. Commissioned by mobile infrastructure solutions provider Mavenir Systems, interviews with 31 mobile network operators around the world found that one-third of carriers are already seeing voice traffic and SMS revenue decline …

Dell reports stagnant Q3 revenue, CFO says prices may increase

November 15th, 2011

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 came in at $0.49 per share, up 17% from the same quarter in 2010. Revenue from Dell’s enterprise solutions and services branch was an all-time high $4.7 billion; sales of servers, …

Over half of net new Sprint subscribers utilize government-sponsored ‘Lifeline’ service

November 11th, 2011

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 free wireless minutes each month. Sprint provides the service under its “Assurance Wireless” brand, and it makes money beyond the small government subsidies when Lifeline customers spill over their monthly …

T-Mobile USA revenues slip, contract customers continue to flee in Q3

November 10th, 2011

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 improvement over the net loss of 50,000 customers it reported during the second quarter, but fewer than the 137,000 new customers it added during the same quarter last year. Contract …

More money being spent on online music than ever before, Gartner says

November 9th, 2011

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 online music will reach $6.3 billion this year, up from $5.9 billion in 2010. “As consumers opt for connected devices — media tablets, smartphones and connected media players — across …

iPhone 4S launch helps end HTC’s record revenue run

November 7th, 2011

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 vendor saw six straight months of record revenue until October, when it recorded revenue of NT$44.11 billion, a 2.8% dip compared to September. Revenue was up 36% over October 2010, however. …