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Todd Haselton |Jan 26th, 2012 at 07:51AM
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...
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Todd Haselton |Dec 28th, 2011 at 08:10PM
U.S. Consumers spent $35.3 billion during this year’s holiday season, up 15% from the same period last year. Shoppers also spent a total of $2.8 billion during the week ended December 25th, up 16% from the same week in 2010, comScore reported. “Holiday e-commerce spending has remained strong throughout the season, and we have now reached a record $35 billion in U.S. online sales for the season-to-date,” said comScore chairman Gian Fulgoni, noting that the record $1.25 billion spent on Cyb...
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Todd Haselton |Nov 30th, 2011 at 10:20PM
U.S. consumers spent a record $1.25 billion online on Cyber Monday, the second time the U.S. has ever spent more than $1 billion online in a single day and a 22% increase from the amount spent last year. “While last year saw Cyber Monday rank as the heaviest online spending day of the year for the first time ever, it will be interesting to watch the next couple of weeks to see if any future individual days in 2011 manage to leapfrog this year’s highest day-to-date,” comScore chairman Gian Fulgon...
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Zach Epstein |Nov 29th, 2011 at 04:10PM
Microsoft announced on Tuesday that last week marked the Xbox 360′s best ever week of sales. The company sold more than 960,000 Xbox 360 consoles and more than 750,000 Kinect controllers last week. Microsoft also confirmed that more than 800,000 of the consoles it sold last week were purchased on Black Friday alone. ”We have seen tremendous excitement from customers for our hot holiday gaming offers,” said Chris Homeister, senior vice president and general manager of Home Entertainment at B...
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Zach Epstein |Nov 15th, 2011 at 12:20PM
Activision’s Call of Duty: Modern Warfare 3 has become the fastest-selling video game in history, crushing previous records set by earlier titles in the Call of Duty franchise. The game lab on Tuesday announced that week-one sales of Modern Warfare 3 totaled 12.3 million units, making it the biggest launch of all time and pulling in an estimated $738 million in revenue. The Xbox 360 version of the game lead sales with more than 7 million copies, a record for game sales on a single console that was previ...
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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 ...
Breaking
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Zach Epstein |Oct 20th, 2011 at 09:06AM
And the disappointments keep on coming… AT&T on Thursday announced that it has now activated more than 1 million iPhone 4S handsets. ”It’s no surprise that customers are clamoring for the iPhone 4S and they want it to run on a network that lets them download twice as fast as competitors’,” said AT&T CEO Ralph de la Vega in a statement. Apple announced on Monday that opening-weekend sales of its new iPhone 4S handset surpassed 4 million units, and AT&T reported last F...
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Todd Haselton |Oct 19th, 2011 at 10:00PM
During the AsiaD conference in Hong Kong on Wednesday, Google’s Android boss Andy Rubin said his company’s upcoming music store “will have a little twist.” Rubin confirmed Google “won’t just be selling 99 cent tracks,” which suggests it might take a subscription-based approach, or even offer ad-based free listening as Spotify does. Google Music beta already allows users to store up to 20,000 in the cloud. Reportedly, Google is only close to sealing a deal with EMI snd...
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Zach Epstein |Oct 14th, 2011 at 06:30PM
As we reach the end of the workday, hordes of iPhone hopefuls are likely getting ready to pack it in and head to their local retailer in an effort to score a shiny new iPhone 4S. As popular as the device has been around the country however, stock-outs are a definite possibility. After all, Sprint and AT&T have both announced record sales and the day isn’t even over. According to an email from a RadioShack spokesperson, The Shack might just be your best bet. “iPhone 4s enthusiasts who are still...
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Zach Epstein |Oct 14th, 2011 at 05:53PM
AT&T on Friday confirmed that it has activated a record number of iPhones. “As of 4:30 pm ET today, AT&T had already activated a record number of iPhones on our network – and is on-track to double our previous record for activations on a single day,” the company said in a statement delivered to BGR via email. “These record volumes may produce slower activations for some customers, though our systems continue to run at record levels.” Customers have been complaining of diffi...
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Zach Epstein |Oct 14th, 2011 at 05:00PM
Sprint on Friday confirmed that today’s iPhone launch has resulted in the carrier’s best-ever day of sales for a device family. ”Sprint today reported its best ever day of sales in retail, web and telesales for a device family in Sprint history with the launch of iPhone 4S and iPhone 4,” Sprint’s product chief Fared Adib said in a statement sent to BGR via email. “We reached this milestone at approximately noon CT/1pm ET. The response to this device by current and new cust...
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Zach Epstein |Oct 3rd, 2011 at 12:50PM
Despite rumors, leaks and punditry that now suggest a worst case scenario — no iPhone 5, just an iPhone 4S and an entry-level iPhone 4 — Apple will indeed unveil the mythical aluminum unibody iPhone 5 on Tuesday that will “shatter” Apple’s previous smartphone sales records. In a note to investors on Monday, Ticonderoga Securities analyst Brian White wrote that Apple has a blockbuster in store for consumers this fall, with unprecedented demand that will result in Apple’s biggest l...
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Todd Haselton |Oct 3rd, 2011 at 08:11AM
A recent report from Net Applications suggests that Apple’s iOS and Mac OS X operating systems both achieved a record high global market shares during the month of September. iOS had a global market share of 54.65% for the month, up from the 53.04% grip it had on the market in August. iOS is trailed by Java ME with an 18.52% market share, Android (16.25%) Symbian (6.12%) and BlackBerry (3.29%). Mac OS X reached a record high 6.45% share of the operating system market during September, up from 6.03% in...
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Zach Epstein |Aug 5th, 2011 at 03:30PM
HTC on Friday reported record sales for the fourth consecutive month, though the Taiwan-based smartphone vendor’s growth did slow significantly in July. Following revenues of NT$38.7 in April, NT$40.6 billion in May and NT$45 billion in June, HTC pulled in NT$45.11 billion ($1.56 billion) last month to set a company record yet again. Continued strong demand for HTC’s Android smartphones drove revenue up 83% over July 2010, but HTC’s momentum slowed as it grew less than 1% over June. HTC is ...