Continue reading Amazon net sales up, net income down for Q3 2011

Amazon net sales up, net income down for Q3 2011 originally appeared on Engadget on Tue, 25 Oct 2011 16:30:00 EDT. Please see our terms for use of feeds.

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Continue reading Netbooks slip under tablet shipments, achieve has-bEeen status

Netbooks slip under tablet shipments, achieve has-bEeen status originally appeared on Engadget on Tue, 25 Oct 2011 02:34:00 EDT. Please see our terms for use of feeds.

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HTC’s unaudited Q3 results keep the revenue train a-rollin’ originally appeared on Engadget on Thu, 06 Oct 2011 10:42:00 EDT. Please see our terms for use of feeds.

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With the upcoming introduction of its LTE network and vast fall smartphone lineup, US Cellular’s a regional carrier with a lot to look forward to. But its efforts over the second quarter, paired with the hopes of a bright future ahead, weren’t enough to keep a few thousand customers from parting ways. While most of the reported figures were quite pleasant year-over-year — service revenues bumped up three percent to $1 billion, percentage of smartphones sold skyrocketed to nearly 40 percent, ARPU increased to $51.84, and total operating income shot up a whole 61 percent — the company also experienced a loss of 58,000 customers over the course of three months. The carrier doesn’t seem too worried about this particular figure, however, as it stated its excitement about the launch of its 4G service later this year. Will the bleak and cold winter become warm and toasty because of a blazing-hot network? We’re eager to find out. Hit the source link for the full quarterly earnings.

Continue reading US Cellular Q2 results bring higher revenue, despite small customer loss

US Cellular Q2 results bring higher revenue, despite small customer loss originally appeared on Engadget on Mon, 08 Aug 2011 08:49:00 EDT. Please see our terms for use of feeds.

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Motorola Mobility predicted a dark road ahead following the announcement of its 2010 Q4 earnings, and its Q2 earnings seem to be right on track. The company reported total net revenues of $3.3 billion in the second quarter, up 28 percent year-over-year, but saw a net loss of $56 million, compared to earnings of $80 million in the second quarter of 2010. Mobile Devices saw an operating loss of $85 million, compared to the previous year’s earnings of $87 million. Moto’s not all doom and gloom however, as it predicts profitability in mobile devices by Q4. In terms of sales, the company reportedly shipped 11 million mobile devices, including 4.4 million smartphones and 440,000 Xoom tablets. Here’s hoping Motorola’s powers of prediction remain strong.

Motorola Mobility reports $56 million net loss in Q2, $3.3 billion in revenue originally appeared on Engadget on Thu, 28 Jul 2011 17:33:00 EDT. Please see our terms for use of feeds.

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Another day, another record profit from the folks at HTC. Surely even the Taiwanese handset manufacturer must be bored of reporting this endless stream of good news, right? Yeah, probably not. The company happily announced this week an impressive second quarter net income of NT$17.5 billion ($608 million), more than double what it reported for the same time period the year prior. Overall revenue for the quarter hit NT$124.4 billion, thanks to the ever-present demand for Android handsets. And revenue from the company is expected to keep on growing in Q3 — maybe boredom isn’t so bad after all.

HTC does the whole record profit thing again for Q2 originally appeared on Engadget on Wed, 06 Jul 2011 09:16:00 EDT. Please see our terms for use of feeds.

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It’s still too early to pass judgment on News Corp’s daring venture into tablet-only newspapers, The Daily, but at least we now have an idea of how much it costs to get a project like this off the ground. Having spent $30 million developing the concept before launch, the company’s latest quarterly reports indicate another $10 million loss was incurred on the early operations of The Daily. That’s resulted in 800,000 total downloads of the iPad-only app, though a breakdown of how many of those were just trying out the free trial and how many have stuck around for the paid version hasn’t been forthcoming. News Corp stresses that The Daily is still a work in progress, one that we’ve heard may also be making its way onto Android tablets, and looks very much committed to seeing its plan through to the end. So if this digital-only, subscription-paid news idea fails, it won’t be for lack of trying.

The Daily generated 800,000 downloads, $10 million loss in first quarter of operation originally appeared on Engadget on Thu, 05 May 2011 04:52:00 EDT. Please see our terms for use of feeds.

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Qualcomm’s back again with yet another set of impressive numbers. For the second quarter of this fiscal year, the chip giant saw record earnings of $3.88 billion, up 46 percent from the same quarter in the previous year, and collected $999 million of sweet profit which is a 29 percent jump from last year. This is no doubt to do with the 70 percent increase in the MSM7000- and MSM8000-series Snapdragon shipments in this half of the fiscal year (compared to 2H 2010), and it should be noted that this quarter also saw the 100th Snapdragon-powered device announced by a Qualcomm client. Additionally, EVP Steve Mollenkopf reassured us that the recent events in Japan won’t have any significant impact on upcoming shipments, so the 30 Snapdragon tablets in the pipeline should arrive as scheduled. Excerpts from the financial report can be found after the break.

Continue reading Qualcomm reports record quarterly revenues, boasts 100th Snapdragon device

Qualcomm reports record quarterly revenues, boasts 100th Snapdragon device originally appeared on Engadget on Thu, 21 Apr 2011 04:50:00 EDT. Please see our terms for use of feeds.

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Apple just announced its earnings for the second quarter of the year, and it’s once again beat estimates, with it reporting earnings of $6.40 a share, a total of $24.67 billion in revenue, and a net profit of $5.99 billion. As for the sales breakdown everyone’s waiting for, Apple says it sold a whopping 18.6 million iPhones in the quarter (up 113 percent over the previous year, and ahead of estimates of 16 million), plus 4.69 million iPads (actually less than the expected 6.29 million, apparently due to supply issues), and 3.76 million Macs, which represents a 28 percent jump over the same quarter a year ago. Not surprisingly, iPods are the one area that continues to slow, with sales of 9.02 million representing a 17 percent decline over the previous year — the iPod touch accounted for more than half of those sales. One other big bright spot for the company is the Asia Pacific region, where it saw revenue grow a staggering 151 percent year-over-year.

Interestingly, Apple isn’t providing any specific sales numbers for the iPad 2 — it’s only saying that it “sold every iPad 2 we could make in the quarter.”

Update: The company’s press release is after the break.

Continue reading Apple beats estimates with Q2 earnings: $24.67 billion revenue, $5.99 billion profit

Apple beats estimates with Q2 earnings: $24.67 billion revenue, $5.99 billion profit originally appeared on Engadget on Wed, 20 Apr 2011 16:35:00 EDT. Please see our terms for use of feeds.

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We’ve been waiting for this one, the first indicator of the mythical Verizon iPhone‘s impact on the fortunes of the formerly exclusive Applephone carrier, AT&T. As it turns out, business is rolling along as usual over on the blue team, where AT&T spent Q1 2011 activating a total of 3.6 million iPhones, a nice round million more than the same period last year. Also interesting is AT&T’s note that somewhere around 40 percent of its smartphone sales come from Android, BlackBerry and Windows Phone 7 devices, leaving the iPhone to account for the remaining 60-ish percent. Taken as a whole, that group totaled up 5.5 million sales in the quarter, a new best for AT&T in the first three months of the year, and the smartphone segment is now said to account for 46.2 percent of the company’s postpaid user base. Jump past the break for more details in AT&T’s press release.

Continue reading AT&T reports best-ever first quarter for smartphone sales with 5.5 million, 60 percent of them are iPhones

AT&T reports best-ever first quarter for smartphone sales with 5.5 million, 60 percent of them are iPhones originally appeared on Engadget on Wed, 20 Apr 2011 08:17:00 EDT. Please see our terms for use of feeds.

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