HTC posted impressive second-quarter results on Friday noting that its revenues of NT$12.4 billion ($4.3 billion) were up 104% year-over-year and up 19% over the first quarter. The Taiwanese phone maker’s shipment total of 12.1 million devices during the quarter was up 24% year-over-year and 25% quarter-over-quarter. The company also noted that it shipped a total of 21.8 million devices during the first half of the year, a big jump from the 8.7 million it shipped during the first half of 2010. HTC noted that much of its growth came from the Americas, Europe and Asia. The average selling price of an HTC smartphone is currently $349, down from the average price of $359 last quarter thanks to new entry-level handsets. HTC expects its third quarter revenue to jump 10% quarter-over-quarter and 90% year-over-year, and plans to sell “around” 13.5 million handsets. Read on for a link to the PDF of HTC’s second quarter results.

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Motorola Mobility on Thursday released its second quarter 2011 earnings and despite recent analyst downgrades, the company recorded a strong quarter. Motorola posted net revenues of $3.3 billion, up 28% from the same time period last year. In addition, mobile device revenues were $2.4 billion, up 41% from the second quarter of 2010. Motorola Mobility shipped a total of 11 million devices, including 4.4 million smartphones and 440,000 units of its XOOM Android tablet. That’s a large improvement over the 8.3 million mobile devices the firm shipped during the year-ago quarter. CEO Sanjay Jha also told CNET in a recent interview that the Verizon Wireless DROID BIONIC will finally launch in September. In addition, Motorola Mobility will introduce two new tablets and two 4G LTE smartphones. One of the tablets will have a 10-inch screen while the other will have a smaller display. “You’ll like the look of the tablet,” Jha said. “The consumer and carrier feedback has been positive. We want to compete. We think we have competitive products in the marketplace, and we’ve got good design wins in the U.S.” Read on for the full press release.

Motorola Mobility Announces Second-Quarter Financial Results

Second Quarter Financial Highlights

Net revenues of $3.3 billion, up 28 percent from second quarter 2010
GAAP net loss of $0.19 per share compared to net earnings of $0.27 per share in second quarter 2010
Non-GAAP earnings of $0.09 per share compared to $0.30 loss in second quarter 2010
Mobile Devices revenues of $2.4 billion, up 41 percent from second quarter 2010; GAAP operating loss of $85 million; non-GAAP operating loss of $31 million
Shipped 11.0 million mobile devices, including 4.4 million smartphones and 440,000 tablets
Home revenues of $907 million, up 2 percent from second quarter 2010; GAAP operating earnings of $62 million; non-GAAP operating earnings of $90 million
Click here for printable press release and financial tables.

LIBERTYVILLE, Ill. – July 28, 2011 – Motorola Mobility Holdings, Inc. (NYSE: MMI) today reported net revenues of $3.3 billion in the second quarter of 2011, up 28 percent from the second quarter of 2010. The GAAP net loss in the second quarter of 2011 was $56 million, or $0.19 per share, compared to net earnings of $80 million, or $0.27 per share, in the second quarter of 2010. On a non-GAAP basis, the net earnings in the second quarter of 2011 were $26 million, or $0.09 per share, compared to a loss of $87 million, or $0.30 per share, in the second quarter of 2010.

Total cash at the end of the quarter was $3.2 billion and includes cash, cash equivalents and cash deposits, and operating cash flow was breakeven for the quarter.

Details on non-GAAP adjustments and the use of non-GAAP measures are included later in this press release and in the financial tables.

“In the second quarter, Mobile Devices launched several new smartphones in the U.S. and markets around the world. Revenues grew over 40 percent driven largely by Latin America and China where sales more than doubled year over year. Our Home business delivered another strong performance, and we introduced several innovative products and services for next generation multi-screen video solutions,” said Sanjay Jha, chairman and chief executive officer, Motorola Mobility. “With a focus on profitable growth and delivering differentiated LTE smartphones and tablets, we expect to achieve profitability in Mobile Devices in the fourth quarter and for the full year 2011.”

Operating Results

Mobile Devices net revenues in the second quarter were $2.4 billion, up 41 percent compared with the year-ago quarter. The GAAP operating loss was $85 million compared to operating earnings of $87 million in the year-ago quarter. The non-GAAP operating loss was $31 million compared to an operating loss of $109 million in the year-ago quarter. The Company shipped a total of 11.0 million mobile devices, including 4.4 million smartphones and 440,000 Motorola XOOM™ tablets. In the second quarter of 2010, the company shipped 8.3 million mobile devices, including 2.7 million smartphones.

Mobile Devices highlights:

Expanded Motorola DROID family at Verizon Wireless with the introduction of DROID X2 and DROID 3 by Motorola both featuring a dual-core 1GHz processor, providing better gaming experiences, web browsing, multi-tasking, and Adobe® Flash® video performance.

Launched 4 new smartphones in China, including the Motorola XT883 with China Telecom, the newest and most advanced member of the powerful Milestone™ product family, and the XT316, Motorola’s first value priced smartphone for emerging market consumers.

Announced plans to launch 10 devices in 2011 with Sprint, including Motorola Photon™ 4G, Sprint’s first international smartphone, the ready-for business Motorola XPRT™ smartphone, the Motorola TITANIUM™ smartphone featuring iDEN technology, and Motorola TRIUMPH™, a value priced smartphone for prepaid customers on Virgin Mobile USA Expanded distribution of the ATRIX™ 4G smartphone and Motorola XOOM tablets into Latin America, China, Korea, and Europe.

Named exclusive U.S. launch marketing partner for mobile devices and tablets by Spotify. Spotify is an award-winning digital music service that gives users on-demand access to one of the world’s largest music libraries.

Home segment net revenues in the second quarter were $907 million, up 2 percent compared with the year-ago quarter. GAAP operating earnings were $62 million, compared to $29 million in the year-ago quarter. Non-GAAP operating earnings increased to $90 million from $58 million in the year-ago quarter. The Company maintained its leadership in key markets with set-top shipments up more than 10 percent as compared to the year-ago quarter.

Home highlights:

Introduced Motorola Televation™, a broadband video device enabling consumers to watch live TV on a connected IP device anywhere around the home.
Launched the Medios Xperience platform which enables operators to merge video content with social networking, games and web-based content, and deliver more interactive functionality with broadcast television and video-on-demand services.
Selected by Time Warner Cable to develop a video gateway platform capable of delivering an advanced in-home entertainment experience and announced the DCX3600M, Motorola’s first video gateway device.
Selected by ESPN to transition all programming for ESPN and ESPN-2 networks to an MPEG-4 HD format using Motorola’s video distribution solution.
Third-Quarter and 2011 Outlook

The Company’s outlook for the third quarter and full year 2011 is the following:

Third-quarter net earnings per share of $0.00 to $0.10
2011 net earnings per share of $0.48 to $0.60
Excludes charges associated with items of the variety typically highlighted by the Company in its quarterly earnings results, stock-based compensation expense and intangible assets amortization expense
Consolidated GAAP Results
Conference Call and Webcast

Motorola Mobility will host its quarterly conference call beginning at 5:00 p.m. (U.S. Eastern Time) on Thursday, July 28. The conference call will be webcast live with audio and slides at http://investors.motorola.com.

Use of Non-GAAP Financial Information

In addition to the GAAP results included in this presentation, Motorola Mobility also has included non-GAAP measurements of results. Motorola Mobility has provided these non-GAAP measurements to help investors better understand Motorola Mobility’s core operating performance, enhance comparisons of Motorola Mobility’s core operating performance from period to period, and allow better comparisons of Motorola Mobility’s operating performance to that of its competitors. Among other things, the Company’s management uses these operating results, excluding the identified items, to evaluate the performance of its businesses and to evaluate results relative to certain incentive compensation targets. Management uses operating results, excluding these items, because it believes this measurement enables it to make better period-to-period evaluations of the financial performance of its core business operations. The non-GAAP measurements are intended only as a supplement to the comparable GAAP measurements and the Company compensates for the limitations inherent in the use of non-GAAP measurements by using GAAP measures in conjunction with the non-GAAP measurements. As a result, investors should consider these non-GAAP measurements in addition to, and not in substitution for or as superior to, measurements of financial performance prepared in accordance with GAAP.

Highlighted items: The Company has excluded the effects of highlighted items (and any material reversals of highlighted items recorded in prior periods) from its non-GAAP operating expenses and net income measurements because the Company believes that these historical items do not reflect expected future operating earnings or expenses and do not contribute to a meaningful evaluation of the Company’s current operating performance or comparisons to the Company’s past operating performance.

Stock-based compensation expense: The Company has excluded stock-based compensation expense from its non-GAAP operating expenses and net income measurements. Although stock-based compensation is a key incentive offered to our employees and the Company believes such compensation contributed to the revenue earned during the periods presented and also believes it will contribute to the generation of future period revenues – the Company continues to evaluate its performance excluding stock-based compensation expense primarily because it represents a significant non-cash expense. Stock-based compensation expense will recur in future periods.

Intangible assets amortization expense: The Company has excluded intangible assets amortization expense from its non-GAAP operating expenses and net income measurements, primarily because it represents a significant non-cash expense and because the Company evaluates its performance excluding intangible assets amortization expense. Amortization of intangible assets is consistent in amount and frequency but is significantly affected by the timing and size of the Company’s acquisitions. Investors should note that the use of intangible assets contributed to the Company’s revenues earned during the periods presented and will contribute to the Company’s future period revenues as well. Intangible assets amortization expense will recur in future periods. Details of the above items and reconciliations of the non-GAAP measurements to the corresponding GAAP measurements can be found at the end of this press release.

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HTC is getting the job done. The company reported Q1 earnings this morning, and the Taiwanese handset maker saw staggering growth in nearly all metrics. During the first-quarter of 2011, the company shipped 9.7 million units, a 192% increase from the same quarter last year and a 6% increase from the previous holiday quarter. The company also posted revenues of NT$104.16 billion, up 174% year-over-year and 0.1% quarter-over-quarter. Gross profits and total assets also jumped 162.2% and 75.1% respectively year-over-year. Not a bad little quarter for HTC. The company expects shipments to be between 11 million and 11.5 million units in Q2, which would represent a 100+% increase year-over-year.

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A carefully crafted tweet has sparked rumors of a native video-chat feature coming to Android 2.3.4 in the near future. “Just had a video call using gmail on Nexus S. Impressive quality @googlenexus Gingerbread 2.3.4 #io2011,” reads the post in question. The implication is — obviously — that Google will migrate its Gmail, browser-based video chat service to Android and unveil the new offering at this year’s Google I/O conference, which is set to kick off May 10th in San Francisco. We can’t say we’d be surprised to see it… but we’re still pretty excited.Read [Android Police] Read [Twitter]

Well, we suppose there’s a good and a bad here. The Motorola DROID BIONIC was lightly rumored to have been cancelled due to repeated internal delays — said to be related to heavy battery life issues among other things — but that isn’t exactly true. Originally slated to be released in the second quarter, Motorola has now placed the BIONIC on a (late) “summer” release schedule, complete with “several enhancements to make this an ever better consumer experience,” according to a Motorola spokesperson speaking to The Wall Street Journal. We’ll always have you, ThunderBolt…

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Good news for those of you reading this from across the pond. Samsung has let it be known that its new flagship handset, the Galaxy S II, will be available in the United Kingdom on May 1st. The company confirms that the S II — which will be knighted with the model number GT-I9100 — will indeed have its processor upgraded to 1.2GHz as rumored last week. Other specifications include a 4.3-inch Super AMOLED Plus display, 21Mbps HSPA+ radio, Wi-Fi b/g/n, Bluetooth 3.0, 8 megapixel rear-facing camera with 1080p video recording, front-facing camera, and the Gingerbread operating system (Android 2.3). Price was not specified, but Samsung noted that the handset would “be available in the UK across all major networks and retailers.” The official press release is after the break.

SAMSUNG ANNOUNCES UK AVAILABILITY OF THE GALAXY S II

Samsung’s most powerful smartphone yet set to hit UK shores on 1st May

11th April 2011, London, UK – Samsung Electronics Co. Ltd., today announces that its slimmest and lightest smartphone yet, the Samsung Galaxy S II (Model: GT-I9100), will be available in UK shops on 1st May 2011. The Galaxy S II is the first handset to offer Samsung’s Super AMOLED Plus screen technology, the largest, brightest and most colourful screen available in Samsung’s portfolio of devices.

Super slim (8.49mm) and lightweight (116g) Samsung’s Galaxy S II runs on Android 2.3 (Gingerbread) and is super-fast thanks to its dual-core 1.2GHz processor. The device’s exceptionally bright screen makes it perfect for watching movies and TV or playing games and looking at apps, with its ground-breaking ‘organic’ LED technology, Super AMOLED Plus also saving energy so you can enjoy watching content without affecting the battery life.

The Galaxy S II is built for multi-tasking, its dual-core processor makes switching between applications and loading web pages such as Google, Yahoo and YouTube quick, whilst superior 3D hardware means games and videos can be loaded and played with ease. What’s more, there’s immediate access to content and services such as catch up TV and movie downloads, thanks to super-fast connectivity and WiFi, with speeds up to 21Mbps which provides increased download speeds, and Bluetooth 3.0+HS which reduces data transfer times significantly.

Simon Stanford, Managing Director, Mobile, Samsung UK and Ireland said: “From the moment it was revealed at Mobile World Congress in Barcelona there has been a huge buzz about the Galaxy S II, so we’re pleased to announce that it will be available for UK customers to buy from 1st May. Our slimmest, lightest, fastest smartphone is our first device to offer of Super AMOLED Plus screen technology, alongside the most advanced technical specifications including the latest Android OS and a dual core processor. We’re confident it’s a great package for anyone wanting a superior smartphone experience.”

The Galaxy S II also features an 8 megapixel camera with 1080p HD recording and playback, Samsung’s patented AllShare technology so you can share pictures, movies, and music with other devices and Samsung’s new Kies Air which lets people manage their smartphone contents from their PC via local WiFi connections.

A new ‘Live Panel’ feature on the Galaxy S II allows aggregation of live web, social networking and application contents to a single customisable home-screen, whilst it’s possible to place all the important parts of your life onto three adjacent home screens which you can switch between simply by pressing and holding on the screen. As with all the Samsung Galaxy family, the Galaxy S II features Samsung Hubs, providing a huge range of entertainment content, advanced mobile games and the ability to manage social networking accounts.

The Samsung Galaxy S II will be available in the UK across all major networks and retailers.

Finnish mobile giant Nokia has quietly made its business-centric E7 handset available to U.S. consumers. Released overseas in early February, the Symbian device packs a 4-inch, polarized, AMOLED display with a 640 x 360 pixel resolution, peta-band WCDMA radio, quad-band GSM radio, Wi-Fi b/g/n, Bluetooth 3.0, GPS, 16 GB of on-board storage, 8 megapixel camera with 720p video recording and dual-LED flash, HMDI connector, and 1200 mAh battery. The E7 is available from Amazon.com for $649, or Nokia USA for $679.

[Via Phone Scoop]

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It looks like the recently announced HTC Merge has been given the U.S. government’s stamp of approval. Spotted at the FCC, the HTC handset has been long rumored to hit Verizon Wireless’ lineup. The extended lag time between the device’s discovery and unveiling — along with the deafening silence in between — led many to believe that the handset had either been scrapped or was being retooled with an LTE radio. Now, thanks to the FCC, we know neither of those things are true. The handset will be hitting “multiple North American carriers” in the near future, sans LTE (bummer). The FCC filing does include the device’s user guide, so if you want to know a little bit more about the Merge, hit the read link and have yourself a look. 

[Via Phone Scoop]

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We’re not sure why HTC decided to change the name of its ChaCha handset in Spain. Maybe it’s the fact that ChaCha is already the registered trademark of a mobile search engine? Or maybe it’s that “chacha” slang for “servant” or “slave” in Spanish? Whatever the reason, HTC has decided that its Facebook-button bearing, ChaCha handset — which could be making its way to AT&T this summer — will be known as the ChaChaCha in España. Earlier today, the company took to Twitter to let Spaniards know about the name change. What do you think? Are three chas better than two?

[Via Engadget]

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The gang over at Engadget have acquired an image of a Verizon-branded, Windows Phone 7 handset — the HTC Trophy to be exact — in the wild. The site’s tipster notes that the phone has indeed been injected with Microsoft’s “NoDo” software update, providing copy and paste functionality. Rumors peg the Trophy for a late March release on Big Red and, if the aforementioned report is correct, you could be hubbing, copying, cutting, and pasting on VZW in the next thirty days.

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While the HP TouchPad might have been the star of the show in terms of new product announcements, the HP Veer is a sleek little smartphone that shouldn’t be overlooked. And when we say little, we mean liiiiiiittle. This bite-sized bugger is minuscule and yet is somehow manages to pack the punch of a full-sized smartphone. The UI is very responsive and the display is nice and vibrant. The build is remarkably solid as well, and the feel of the phone is quite impressive compared to the rickety Palm Pre that first introduced the world to webOS. With all that having been said, the Veer is suffering from a serious case of Pixi-itis. By that, we mean that it’s a wonderfully capable phone that can definitely hold its own in terms of performance, but it’s just too small for our liking. The keypad was impossible for us to use comfortably and the 2.6-inch screen is borderline ridiculous. After seeing webOS stretched out in all of its glory on the TouchPad, the Veer looked just plain sad. For the dainty among us, however, the Veer could end up being a great option with the right price point. Those of us without tiny little digits will want to look elsewhere, however. Check out our hands-on gallery below and stay tuned for our impressions of the Pre 3, which are coming right up.

According to a report filed by Reuters, Finnish phone giant Nokia has ended the development of its first MeeGo smartphone; the article cites “two sources close to the company” as the origin of this information. Nokia’s first MeeGo handset has long been rumored to be the full-QWERTY N9 (pictured above). Industry analysts tapped by Reuters feel that the phone maker could still showoff another, unknown, unfinished MeeGo device at next week’s Mobile World Congress, but such an assertion is pure speculation.

Nokia has an event planned for this Friday, and rumors have been flying about the company potentially adopting the Windows Phone 7 operating system; Nokia’s new CEO, Stephen Elop, is a former Microsoft executive.

We’ll know more on Friday, but until then… hang on. It’s going to be a bumpy ride for Nokia.

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According to online wireless dealer Wirefly, Sony Ericsson’s Xperia Play handset — you know, the one with the slide out gaming controls — will be headed to Verizon Wireless. On a webpage comparing the iPhone 4 to SE’s latest creation, the site lists the Play’s carrier as Big Red. Sony Ericsson has a press event scheduled for Sunday, February 13th at 12:00PM ET in Barcelona at Mobile World Congress. We can expect to get all the official details on availability there.

[Via PhoneArena]

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In a brief video clip on HTC’s official YouTube page, the Taiwanese company provided us with a glimpse of a phone that, up to this point, we hadn’t ever seen before. The stout handset in question bears a strong resemblance to the already available Wildfire and makes a two-second cameo before disappearing into the ether. We’re not sure if we’ll be seeing this set at next week’s Mobile World Congress (as the Wildfire 2?), in the weeks to follow, or ever again. It is a mystery waiting to be solved. Have a look at the video after the jump and let us know what you think it is or isn’t.

The existence of this next handset is very much a rumor, but it’s a rumor that is almost too good to ignore. Blog AndroidandMe, quoting a “regular source who has provided accurate information about several Android announcements in the past,” is reporting that HTC’s first dual-core, Android handset will be a T-Mobile offering by the name of the HTC Pyramid. Aside from a 1.2GHz, dual-core, Snapdragon processor (MSM8260), the handset will also boast a 4.3-inch qHD display and should be available sometime in May. We’re going to do some digging of our own and see if we can confirm this tasty little rumor with our own sources. We’ll be sure to report back with what we find.

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