E Ink, the popular company that provides paper-look gray-scale displays for eReaders, reported consolidated revenues of $48.02 million in January, down 63.6% from the same month last year and 11% sequentially. The growing popularity of media tablets with full-color displays likely played a big role in the decline — sales of Amazon’s Kindle Fire and Barnes & Noble’s Nook Tablet are thought to be eating into the companies’ respective dedicated eReader businesses to an extent. Even thoug...

Amazon on Tuesday reported its earnings for the fourth quarter, during which it took in $17.4 billion in revenue. While its net sales were up 35% from the $12.95 billion reported during the fourth quarter last year, the company missed analyst estimates of $18.26 billion in revenue for the quarter. Amazon’s net income decreased 58% to $177 million during the quarter, or $0.38 per diluted share, compared with the net income of $416 million it reported during the same quarter last year. Net sales for the y...

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 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...

Verizon on Tuesday reported its fourth quarter 2011 results. The company noted record revenue growth during the quarter, which it said was fueled by strong demand for wireless service. Revenue for the year totaled $110.9 billion, up 4% from 2010. Its quarterly revenue of $28.4 billion was up 7.7% from the same time period last year. Verizon Wireless, a joint venture between Verizon Communications and Vodafone, reported the highest number of retail net additions in three years driven by smartphone sales. Reve...

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 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...

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...

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 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 ...

HP reported its fiscal fourth-quarter and full-year earnings on Monday, noting net revenue of $32.3 billion for the quarter, down 3% year-over-year. HP’s diluted earnings per share of $1.17 in the fourth quarter was also down 12% year-over-year. Fiscal 2011 GAAP net revenue was $127.2 billion, up 1% from the $126 billion HP reported in 2010. Despite beating analyst expectations of $32.05 billion in net revenue and earnings of $1.13 per share, the company said it is cautious as it looks into 2012. Read ...

Apple’s MacBook shipments are expected to remain strong during the fourth quarter of this year, DigiTimes reported on Tuesday. There has been a bit of speculation that the company’s shipments might be affected due to flooding in Thailand, which has impacted hard drive manufacturing, and a recent order for the company’s chassis supplier to freeze its production line. The chassis supplier, Catcher Technology, was reportedly ordered to stop production in October over concerns that the company...

Apple on Tuesday reported its earnings for the fourth fiscal quarter of 2011. Wall Street was expecting revenue of $29.5 billion and earnings of $7.29 per share. The company delivered revenue of $28.27 billion and earnings of $7.05 per share. Apple sold 17.1 million iPhones, 11.1 million iPads, and 4.89 million Macs. While this was Apple’s biggest September quarter ever, the company still missed on most Wall Street estimates. During the third fiscal quarter this year, Apple recorded revenue of $28.57 b...

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...