'Q1 2010'

iPad 2 to ship from Foxconn in February

By: |Dec 7th, 2010 at 08:49AM
Filed Under: Rumors, Tablets
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A new report Tuesday morning suggests Apple has notified Foxconn, its next-generation iPad manufacturer, that initial shipments will commence in the next 100 days. The unconfirmed report originates from China’s industry watchdog, DigiTimes, and suggests that initial shipments will be in the 400,000 to 600,000 range. Those numbers seem quite low for the sequel to a device that is selling as well the iPad — Apple sold 300,000 iPads on its first day of availability and it reached the 1 million mark in 28...

Dell sees profits increase 52%, analysts still unhappy

By: |May 20th, 2010 at 05:38PM
Filed Under: Dell
17

Dell, the third-largest PC maker in the world, showed strong growth in Q1 of 2010 as profits totaled $441 million — or $0.22 per share — up 52% from a year ago. Revenue climbed 21% (to $14.9 billion) from the previous quarter thanks to a 21.4% increase in PC shipments; a spike which Dell attributed to, “the early stages of a corporate IT refresh.” Dell also saw a boost from server and network revenue (up 39% to $1.8 billion), mobility revenue (up 18% to $4.6 billion), and desktops sale...

Despite modest gains T-Mobile USA sheds 77,000 customers in Q1

By: |May 12th, 2010 at 09:18AM
Filed Under: Carriers - US, Mobile, T-Mobile
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The Q1 2010 numbers for T-Mobile USA are in, and they look… well, just okay. Let’s get the bad stuff out of the way first, shall we? T-Mo lost 77,000 customers in Q1 of 2010 — which looks pretty dismal when compared to the 415,000 net gain of Q1 2009 — bringing their total customer base to 33.7 million. There, that wasn’t so hard… like ripping off a Band-Aid. All of T-Mobile’s other vitals seemed to move in the right direction: ARPU is $10.90 up 16% YoY, operating inc...

Sprint announces Q1 results, sheds 75,000 additional customers

By: |Apr 28th, 2010 at 02:20PM
Filed Under: Mobile, Services, Sprint
120

The results for Q1 2010 are in for the #3 wireless carrier in the U.S., and the results are more of the same. Sprint shed 75,000 additional customers and posted operating revenues of $8.1 billion, a $865 million loss. The company’s churn rate was at 2.15%, an improvement from Q1 2009 (2.25%), but slightly up from Q4 2009 (2.09%). Average revenue per user, or ARPU, stayed the same at $55 but was down $1 YoY. Sprint CEO, Dan Hesse, had the following to say after the company’s earnings announcement, ...

Verizon posts its Q1 results

By: |Apr 22nd, 2010 at 05:01PM
Filed Under: Verizon
73

Yesterday, AT&T had its say by announcing its Q1 2010 results, so it is only fitting today is Verizon’s turn. Unfortunately for Big Red, it didn’t fare as well as Ma Bell. Over the past three months, 423,000 new post-paid customers put ink to a contract. Overall, Verizon gained 1.5 million net customers to bring its overall total to 92.8 million. Postpaid churn matched AT&T’s 1.07%, while the overall rate was 1.4%. ARPU overall remained unchanged from Q1 2009 at $50.95 thanks in par...

AT&T’s wireless division posts solid gains in Q1

By: |Apr 21st, 2010 at 11:23AM
Filed Under: AT&T, News
117

For all that’s been said in the past year about the poor performance of AT&T’s network, it seems the average person simply doesn’t care, as AT&T just announced its Q1 2010 results and — surprise! — the wireless division fared very well. Here are the key takeaways. AT&T gained 1.9 million subscribers (a Q1 record) and now has 87 million souls subscribers. Wireless service revenue was up 10.3% from the same time last year at $12.8 billion while wireless data revenue,...

Google posts strong Q1 earnings

By: |Apr 16th, 2010 at 11:01AM
Filed Under: Android, News
27

Yesterday, Google announced strong earnings for the first quarter of 2010, as the search company generated $6.77 billion in revenue — a 23% increase year-over-year. Just under $4.5 billion of that sum came from Google-owned websites, while a staggering $2.04 billion came from Google’s AdSense platform. The company’s acquisition war chest is also in great shape, as Google boasted, “as of March 31, 2010, cash, cash equivalents, and short-term marketable securities were $26.5 billion.R...

Sony Ericsson posts its first profitable quarter since 2008

By: |Apr 16th, 2010 at 09:38AM
Filed Under: Handsets, News, Press Release, Sony Ericsson
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Troubled phone maker Sony Ericsson had a nice surprise for its investors this morning, as it announced that Q1 2010 was its first profitable quarter in just under two years. While the company shipped 4.1 million fewer handsets than in Q4 2009, it did manage to make gains where it ultimately counts, posting an income of 21€ million ($28.415 million USD) while increasing the average selling price of each handset 12% to 134€ ($181 USD). See, Sony Ericsson? Shipping products without major bugs and laying off ...

HTC Q1 profits up 19% year-over-year

By: |Apr 6th, 2010 at 03:40PM
Filed Under: HTC, Mobile, News
76

Today, HTC reported its 2010 Q1 earnings, and the vitals from the mobile handset giant all seem to be positive. Q1 revenues jumped 19% from Q1 of last year to $1.2 billion, with a net profit of $158 million and earnings per share at $0.20. The positive numbers prompted investment firm Morgan Stanley to raise HTC’s stock price target and firm Goldman Sachs to renew its “buy” rating on the stock. Revenue was down 8% from Q4 of last year, however that isn’t out of the ordinary as Q4 inclu...

Palm announces Q1 2010 results

By: |Sep 17th, 2009 at 06:17PM
Filed Under: News, Palm
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Palm today announced its Q1 results for the fiscal year 2010. The struggling handset maker moved 823,000 devices in Q1, the bulk of which Palm claims to have been Pre handsets. Unbelievably, the company still managed to avoid giving any firm numbers with regards to Pre sales, meaning it’s now extremely safe to say they fell well short of meeting expectations. Total revenue was $68mm compared to $368mm in Q1 2009, and gross profit was $2.8mm in the red. It gets worse, unfortunately. You see, accountants ...

RIM’s profits rose to $643mm, shipped 7.8mm devices last quarter

By: |Jun 19th, 2009 at 07:53AM
Filed Under: BlackBerry, News, Retail, RIM
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Let’s face it, folks — RIM is on a tear and its Q1 2010 results are proof positive of this fact. While a tax drop might have helped propel the company’s quarterly profit to a record high of $643 million, the fact remains that things are pretty much going better than ever — especially considering the global recession. 7.8 million devices were shipped and 3.8 million new BlackBerry owners were added, although the latter is down approximately 100,000 from the previous quarter. As for the ...