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Samsung Galaxy S II sells over 20 million units in 10 months

February 23rd, 2012

Samsung announced in late September that the company sold 10 million Galaxy S II smartphones, and five months later the popular handset has crossed the 20-million shipment mark. The smartphone’s predecessor, the Galaxy S, took 17 months to reach the same milestone according to Samsung. When the Galaxy S II launched in April, it quickly …

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 …

Nokia announces sale of its 1.5 billionth S40 handset

January 25th, 2012

Nokia announced on Wednesday that it has officially sold its 1.5 billionth S40-powered cell phone since the first S40 device — the Nokia 7110 — was released in 1999. A 21-year old Brazilian woman made the historic purchase in São Paulo, the company said, noting that the woman purchased a Nokia Asha 303 from a Magazine Luiza …

Samsung sells over 30 million Galaxy S/Galaxy S II smartphones

October 17th, 2011

Samsung announced on Monday that it has sold more than 30 million Galaxy S/Galaxy S II smartphones globally. Samsung said in late September that it had already sold a total of 10 million units of the Galaxy S II, which recently made its debut in the United States on T-Mobile, Sprint and AT&T. The South …

Samsung: 5 million Galaxy S II handsets shipped in 85 days

July 27th, 2011

Samsung announced on Wednesday that it has now shipped more than 5 million flagship Galaxy S II smartphones in just 85 days. The phone became Samsung’s fastest selling smartphone when it hit the 3 million-unit milestone in just 55 days. Samsung now reportedly maintains a 56% share of the mobile phone market in South Korea. …

New MacBook Air shipments reach 400,000-500,000 in June

July 21st, 2011

Suppliers already shipped between 400,000 and 500,000 units of Apple’s refreshed MacBook Air in June, and shipments aren’t expected to slow anytime soon according to DigiTimes. Reportedly, the high volume of shipments is expected to remain just as strong in July and August, and “series sales” could top 14 million units this year. Apple officially …

Analysts raise Apple stock price target ahead of earnings

July 19th, 2011

Apple will release its fiscal third quarter earnings on Tuesday afternoon and analysts have boosted the stock price target in anticipation of a solid quarterly report. The iPhone maker’s shares hit a record high of $373.80 at the close of the day on Monday. BGC analyst Collin Gillis has boosted the price target of Apple’s …

Specific Media buys Myspace for $35 million, cutting staff by 50%

June 29th, 2011

According to AllThingsD Specific Media has acquired Myspace from News Corp. for $35 million. Reportedly, Myspace’s CEO, Mike Jones, will remain for “an interim period,” and the social network will lay off half of its staff, or about 200 people. Myspace, which has seen a sharp decline in traffic over the years since it was …