According to CEO Joe Kennedy, Pandora has surpassed 150 million users in the United States and is the second most downloaded app in the history of Apple’s App Store, CNET reported on Wednesday. The Internet radio service has big plans for the future and is working with automakers to integrate the service into virtually all …
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 No.3 carrier losing $0.42 per share on revenue of $8.71 billion. The numbers are now in and Sprint beat analysts’ expectations, reported a loss of $0.29 per share, or a …
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 per share excluding one-time charges on sales of $32.5 billion, analysts were expecting first-quarter EPS of $0.57 on revenue totaling $31.85 billion. The company beat expectations, posting a profit of …
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, up about 16% over the same quarter last year and $0.01 above Wall Street’s consensus. Revenue grew 4.6% year over year to $28.2 billion, and net subscriber additions totaled 734,000. Verizon …
Spotify is the darling of tech blogs, but the overwhelming media hype leading up to the service’s U.S. launch has seemingly not carried over to end users. According to a recent report from the New York Post, paid subscriber growth in the U.S. has failed to meet expectations thus far. Spotify launched stateside roughly nine …
More than 1 million cable television subscribers in the United States canceled their service in 2011, opting instead for online films and TV shows available through services like Netflix and Hulu Plus. Nearly 2.65 million cable or satellite TV subscribers have canceled their service since 2008 to rely solely on Web-based services according to estimates from …
Market research firm Nielsen on Thursday announced that as of February 2012, about half of all mobile subscribers in the United States own a smartphone. In the same month last year, only 36% of U.S. mobile subscribers owned smartphones. Almost half of all smartphones, or 48%, are powered by Google’s Android operating system, with Apple’s iPhone …
Market research firm comScore on Tuesday released the results of a three-month study on the U.S. mobile phone industry. Android and iOS continued to grow between November and January, gaining 2.3% and 1.4% respectively. Google’s mobile platform topped the charts with a total market share of 48.6%, while Apple managed to capture a 29.5% share. …
China, the world’s most populous nation, is the first country in the world to reach 1 billion mobile subscribers. According to the country’s Ministry of Industry and Information Technology, mobile phone subscriptions in China had reached 997 million by late February, and were expected reach one billion by the end of the month, AllThingsD reported. In 2007, …
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 last year, and earnings per share of $0.73. Analysts had pegged the company to report revenue in the ballpark of $857.4 million and EPS of $0.54, Barron’s relayed. Netflix also said …
