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Jonathan S. Geller |Jan 4th, 2012 at 04:55PM
Fueled by the launch of Apple’s iPhone 4S, Verizon Wireless sold more than 4.2 million iPhones in the fourth quarter last year — more than double the number of iPhones it sold in the third quarter. Verizon’s chief financial officer Fran Shammo revealed the carrier’s iPhone sales for the December quarter during a talk at a Citigroup conference in San Francisco on Wednesday. Verizon Wireless’s largest competitor, AT&T, is expected to have a record quarter as well for iPhone sales...
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Todd Haselton |Dec 15th, 2011 at 06:25PM
IDC said Thursday that media tablet shipments during the third calendar quarter increased 264.5% over the same period last year, but that overall shipments were 5.8% lower than the 19.2 million units the research firm had previously estimated. Apple’s iPad continues to be the driving catalyst for tablet sales. The company shipped 11.1 million units during the third quarter, up from the 9.3 million it shipped during the second quarter this year. Apple’s market share fell however, from 63.3% during ...
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Zach Epstein |Dec 15th, 2011 at 04:19PM
Research In Motion on Thursday reported earnings for the third quarter of fiscal 2012. The struggling smartphone vendor announced earlier this month that it would miss its third-quarter guidance of between $5.3 billion and $5.6 billion in revenue, and it said EPS would likely be in line with the low end of its earlier guidance. The numbers are now in, and RIM pulled in $5.2 billion last quarter while recording earnings of $1.27 per share, or $667 million, beating its lowered guidance. RIM shipped 14.1 million...
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Todd Haselton |Nov 15th, 2011 at 07:50PM
Dell reported its third-quarter earnings on Tuesday, noting that its revenue of $15.4 billion was flat compared to the same period last year. GAAP earnings came in at $0.49 per share, up 17% from the same quarter in 2010. Revenue from Dell’s enterprise solutions and services branch was an all-time high $4.7 billion; sales of servers, storage, networking and services jumped 8% from the same period last year. Dell’s consumer unit reported $2.8 billion in revenue, down 6% from the third quarter of 2...
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Todd Haselton |Nov 10th, 2011 at 09:01AM
T-Mobile USA on Thursday announced its results for the third quarter of 2011. The carrier said it added 126,000 net customers during the quarter, an improvement over the net loss of 50,000 customers it reported during the second quarter, but fewer than the 137,000 new customers it added during the same quarter last year. Contract customers continued to flee, however, as T-Mobile reported a net loss of 186,000 contract customers for the quarter. The carrier lost 281,000 contract customers during the second qu...
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Todd Haselton |Oct 28th, 2011 at 05:50PM
In its recent third-quarter earnings report, Samsung said its telecommunications business achieved record quarterly sales of 14.90 trillion won, up 37% from the same period last year. The unit shipped 27.9 million smartphones during the period, 10 million more than Apple shipped during the same quarter, pushing Samsung into the top smartphone spot globally. Those sales resulted in a record operating profit of 2.52 trillion won for the telecommunications business. Hit the break for more. (more…)
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Jonathan S. Geller |Oct 26th, 2011 at 08:10AM
Sprint just released earnings for Q3, and while the company managed to add their best ever amount of net new wireless subscribers — 1.3 million — Sprint still lost 44,000 subs. Sprint’s postpaid ARPU has grown by $1 sequentially and $3 year-over-year as well. Sprint still didn’t make money this quarter, though, with a reported net loss of $301 million, down from a net loss of $911 million one year ago. Investors were looking to see a number north of around $-0.22 a share, and Sprint’s ...
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Todd Haselton |Oct 25th, 2011 at 05:05PM
Amazon reported third-quarter earnings on Tuesday, noting net sales increased 44% from the same quarter last year to $10.88 billion. That figure is on a par with Wall Street’s revenue expectations of $10.93 billion. Amazon reported EPS of $0.14, which missed the Street’s estimates of $0.24 per share. Net income fell 73% quarter-over-quarter, however. Amazon reported net income of $63 million during the third quarter, down from $231 million in the second quarter. The online retailer said September ...
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Todd Haselton |Oct 24th, 2011 at 05:30PM
Shares of Netflix stock plummeted more than 27% in after-hours trading as the company revealed it lost more than 800,000 customers in the third quarter. Netflix now serves 23.8 million total customers and it reported third-quarter revenue of $822 million, beating estimates of $812 million. Earnings worked out to $1.16 per share, which also beat Wall Street’s consensus of $0.96. “While we dramatically improved our $7.99 unlimited streaming service by embracing new platforms, simplifying user-interf...
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Todd Haselton |Oct 20th, 2011 at 08:20PM
Apple’s iPad and iPad 2 tablets continue to dominate in the enterprise market, according to the Good Technology Device Activations Report for the third quarter of 2011. 4% of all tablet activations in the enterprise were for Android tablets, while the iPad and iPad 2 were responsible for 96% of activations. The iPhone 4 was the most popular handset with 28.3% of all device activations during the quarter. It was followed by the iPad 2 (15.6% of all activations). Sprint’s EVO 4G was the most popular...
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Todd Haselton |Oct 18th, 2011 at 11:01AM
Dell and HP will reportedly be among the first manufacturers to launch Windows 8 tablets, and the devices could be on the market as soon as the third quarter of next year, DigiTimes said recently. Supposedly, Amazon’s low-priced Kindle Fire has driven several manufacturers to pursue Windows 8 over Android in an effort to avoid stiff competition in the low-cost tablet market. Lenovo and Dell will stick to creating enterprise-focused tablets according to the report. Dell’s devices will continue to r...
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Todd Haselton |Oct 18th, 2011 at 10:00AM
Tablet vendors shipped 18.7 million units during the third quarter of this year, DigiTimes said on Tuesday. Third-quarter shipments were up 27.5% over the second quarter, but the increase was less than the 60.9% jump in shipments between the first and second quarters of this year. The slower growth was attributed to a weaker global economy, and the entire industry suffered. Apple is estimated to have shipped 13 million units in the September quarter, fewer than DigiTimes’s prediction that Apple would sh...
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Todd Haselton |Oct 14th, 2011 at 08:40PM
Sony Ericsson reported its third-quarter results on Friday and while several figures suggest the company is on the upswing quarter-over-quarter, its net income and shipments were still down compared to the same quarter in 2010. The company shipped 9.5 million devices during the quarter, up 33% from the 7.6 million it shipped last quarter but down from the 10.4 million it shipped during the third quarter last year. It attributed the decline to fewer feature phone shipments as the company continues to pivot its...
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Todd Haselton |Oct 13th, 2011 at 05:20PM
Google announced its third quarter 2011 results on Friday, which surpassed analyst expectations. “We had a great quarter,” Google CEO Larry Page said. “Revenue was up 33% year on year and our quarterly revenue was just short of $10 billion,” Page explained, noting that the company’s brand new Google+ social network now has more than 40 million users. To clarify Page’s statement, the company’s revenue was $9.72 billion, up from the $7.29 billion reported during the thi...