'fourth quarter'

T-Mobile reports big subscriber losses in Q4, says it will launch LTE in 2013

By: |Feb 23rd, 2012 at 08:25AM
Filed Under: Business
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T-Mobile on Wednesday reported earnings for the company’s holiday quarter, which saw the carrier lose 802,000 customers causing revenue to drop 3.3% to $20.6 billion. The Deutsche Telekom-owned company is the only major U.S. carrier that does not carry Apple’s iPhone, which it blames for the defections, however T-Mobile is looking to bounce back with the launch of a 4G LTE network in 2013. “Though we are not satisfied with the contract customer losses and the decreased total revenues, the qu...

HTC promises change after admitting its bulky LTE phones have been weak so far

By: |Feb 6th, 2012 at 05:00PM
Filed Under: Mobile
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HTC on Monday reported that the company’s fourth quarter earnings missed analysts’ estimates. While speaking on the vendor’s earnings call, HTC’s chief financial officer said that the manufacturer ”dropped the ball” with its 2011 devices, SlashGear reports. Winston Yung admitted that the company’s LTE handsets were too thick, offered insufficient battery life and that there was plenty of work to be done to improve both “design and components.” Products launched in the ...

IDC: Apple passes LG to become world’s third largest phone vendor

By: |Feb 2nd, 2012 at 09:05AM
Filed Under: Mobile
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Thanks to a strong fourth quarter, Apple has passed LG to become the world’s third largest cell phone vendor by volume, according to new estimates from market research firm IDC. The worldwide mobile phone market grew 6.1%  year-over-year in the fourth quarter as the feature phone market continued to decline to its lowest growth rate in two years. Vendors shipped 427.4 million phones in the fourth quarter compared to 402.8 million units in the same quarter last year. Nokia and Samsung remained the top a...

Motorola posts $80 million Q4 loss; ships 10.5 million mobile devices including 200,000 tablets

By: |Jan 26th, 2012 at 05:00PM
Filed Under: Business
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Motorola Mobility on Thursday announced the company’s results for the fourth quarter last year. The vendor managed $3.4 billion in revenue but posted a net loss of $80 million, or $0.27 per share. Motorola posted a profit of $0.27 per share in the same quarter a year earlier. For the full year, the company’s revenue totaled $13.1 billion, up 14% compared to 2010, and it reported a net loss was $0.84 per share compared to a loss of $0.29 per share in 2010. Motorola shipped 10.5 million mobile devic...

AT&T reports best-ever quarter for smartphones; 7.6 millon iPhones activated

By: |Jan 26th, 2012 at 07:51AM
Filed Under: Business, Mobile
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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 to a profit of $0.42 per share discounting one-time charges including the massive breakup fee paid to T-Mobile. AT&T attributed 76% of its revenue growth to wireles...

Netflix adds 610,000 DVD subscribers, beats Q4 estimates

By: |Jan 25th, 2012 at 05:05PM
Filed Under: Business, Services
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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 it added 220,000 new subscribers, a far cry from the 800,000 it lost during the third quarter, and now serves 21.67 million streaming customers in the United States. The company...

Yahoo considers layoffs, reportedly freezes hiring

By: |Jan 19th, 2012 at 07:50PM
Filed Under: Business, Rumor
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Yahoo has frozen its hiring process and may even consider layoffs according to a new report. The news was revealed by AllThingsD on Thursday, which wrote that the choices were made ahead of expected weak fourth quarter earnings. Yahoo isn’t considering mass layoffs, however; instead, AllThingsD said they are likely to be “small and selective” if they happen at all. Yahoo experienced a bit of turmoil earlier this week when co-founder, former CEO and board member Jerry Yang resigned from the c...

MetroPCS adds 197,000 subscribers in Q4 but misses expectations

By: |Jan 5th, 2012 at 09:45PM
Filed Under: Business, Mobile
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MetroPCS on Thursday announced its fourth quarter 2011 subscriber results. The carrier added 197,000 net subscribers, which missed analyst expectations that the carrier would add between 214,000 and 250,000 net customer additions, Reuters said. The company stated that it ended the year with more than 9.3 million total subscribers and said it added about 1.2 million subscribers during the 2011 calendar year. Churn took a turn for the worse since the fourth quarter of 2010, however; the company reported 3.7% c...

Netflix streaming subscribers watched more than 2 billion hours of video during Q4

By: |Jan 4th, 2012 at 03:10PM
Filed Under: Business, Entertainment
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Netflix announced on Wednesday that its streaming subscribers around the world watched more than 2 billion hours of video during the fourth quarter of 2011. The company also said it served more than 20 million streaming subscribers during the quarter. “We were thrilled to deliver more than two billion hours of TV shows and movies across 45 countries in the fourth quarter,” said Netflix Co-Founder and CEO Reed Hastings. “Netflix delights members by giving them choice, convenience and control ...

HTC hopes to reverse Q4 sales slump with more competitive smartphones

By: |Nov 28th, 2011 at 11:10AM
Filed Under: Business, Mobile
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HTC said it will launch a number of new and competitive smartphone models, including a fresh batch of LTE devices in the United States, to help it end its fourth quarter slump. The company recently revised its outlook for the fourth quarter and said revenue would be flat, a move that came as a surprise to investors used to a company that had previously seen six consecutive months of record revenue leading up to October. HTC was the first company to launch an Android smartphone in the United States, the first ...

Asus to launch 5-6 Intel-powered Ultrabooks in October

By: |Aug 30th, 2011 at 07:01AM
Filed Under: General
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Asus will launch as many as six Ultrabooks in October, Asus chairman Jonney Shih said on Monday. The notebooks will offer screen sizes between 11.6-inches and 13.3-inches. Intel detailed its plans to introduce a new category of notebooks, which it dubbed “Ultrabooks” in May. The chip maker hopes the new category will dominate 40% of the consumer notebook market by the end of 2012 and says the devices will combine the performance of today’s laptops with a tablet-like experience. Earlier repor...

HTC CFO: Puccini tablet will launch in September/October

By: |Aug 16th, 2011 at 09:23PM
Filed Under: Tablets
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HTC’s 10-inch Puccini Android tablet will hit the market in September or October, HTC’s chief financial officer Winston Yung said during a press conference at the Taiwan Stock Exchange. We published the first solid images of the Puccini in July when we noted the tablet will likely offer a 1.5GHz processor, an 8-megapixel camera and stylus input support similar to what the HTC Flyer offers. While earlier rumors suggested the Puccini would launch on AT&T with 4G LTE support, we think the Septemb...

Intel: Acer, ASUS and Lenovo to launch sub-$1,000 Ultrabooks in Q4

By: |Aug 12th, 2011 at 10:00PM
Filed Under: General
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Acer, ASUS and Lenovo will launch Intel-powered “Ultrabooks” priced below $1,000 during the fourth quarter of this year, Intel’s executive vice president Sean Maloney said during an event in Taipei. Several of Intel’s other partners aren’t as sure they will be able to hit that price target. DigiTimes said the bill of materials to build an 11.6-inch Ultrabook exceeds $700, which doesn’t leave a lot of room for profits. However, Intel did recently announced that it will inves...

Sprint to offer cloud services in Q4

By: |Aug 10th, 2011 at 08:22PM
Filed Under: Services
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Sprint’s head of business markets Paget Alves recently confirmed to CNET that the carrier will launch cloud-based services during the fourth quarter of this year. The offering will be available to small and medium sized business customers. Sprint will provide security, software and Internet hosting, and it will also offer an “infrastructure as a service” option, Alves told CNET. “The telcos are in a unique position because our business is centered around the cloud,” Alves said. ...