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subscribers

Pandora touts more than 150 million users

May 9th, 2012

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 posts $863 million loss in Q1, adds 263,000 net Sprint subscribers

April 25th, 2012

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 posts better-than-expected profit in Q1, sells record 5.5 million smartphones

April 24th, 2012

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 reports Q1: Earnings up 16%, 734,000 net subscriber additions

April 19th, 2012

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 reportedly not living up to hype in U.S.

April 4th, 2012

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 …

Over 1 million U.S. cable subscribers cut the cord in 2011

April 4th, 2012

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 …

Half of all U.S. mobile subscribers now own smartphones

March 29th, 2012

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 …

ComScore: More than 100 million smartphone users now in U.S.

March 8th, 2012

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 becomes first country to reach 1 billion mobile subscribers

March 2nd, 2012

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 adds 610,000 DVD subscribers, beats Q4 estimates

January 25th, 2012

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 …