Engadget http://www.engadget.com Engadget http://www.blogsmithmedia.com/www.engadget.com/media/feedlogo.gif Engadget http://www.engadget.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Lenovo beats PC market with 46 percent profit surge]]>http://www.engadget.com/2012/05/23/lenovo-annual-financial-report/http://www.engadget.com/2012/05/23/lenovo-annual-financial-report/http://www.engadget.com/2012/05/23/lenovo-annual-financial-report/#comments http://www.engadget.com/2012/05/23/lenovo-beats-pc-market-with-46-percent-profit-surge/

Yep, it's party-time in Beijing once again. While the PC industry as a whole reportedly grew by a tight handful of percentage points over the past year, Lenovo has somehow managed to continue its long-running growth spurt, with shipments up 44 percent and operating profits up 46 percent. Sales of both laptop and desktop (including IdeaCentre all-in-ones) grew roughly equally, helped along by blossoming demand in emerging markets, while fledgling smartphones and tablets also proved popular in Lenovo's homeland. The manufacturer reckons it's now second in command of the market behind HP, although it conveniently disregards Apple's iPad from its ranking.

Lenovo beats PC market with 46 percent profit surge originally appeared on Engadget on Wed, 23 May 2012 03:16:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>20112012annualdesktopdesktopsearningsfinancialfinancialslaptoplaptopslenovomarket shareMarketSharepcpc marketpc shipmentsPcMarketPcShipmentsprofitsrevenuessmartphonesWed, 23 May 2012 03:16:00 EST<![CDATA[Panasonic racks up a record loss for 2012, looks forward to profits and a partner for OLED TVs]]>http://www.engadget.com/2012/05/13/panasonic-racks-up-a-record-loss-for-2012-looks-forward-to-prof/http://www.engadget.com/2012/05/13/panasonic-racks-up-a-record-loss-for-2012-looks-forward-to-prof/http://www.engadget.com/2012/05/13/panasonic-racks-up-a-record-loss-for-2012-looks-forward-to-prof/#comments Panasonic racks up a record loss for 2012, looks forward to profits and a partner for OLED TVs

Panasonic's yearly earnings are in and the red ink added up to a record $9.7 billion net loss for 2011. Number one on incoming president Kazuhiro Tsuga's list is turning around the company's TV division, where its heavy investments in both plasma and LCD manufacturing resulted in heavy losses. Currently the company expects a better result in both next year after 2011's write downs and restructuring, although its projections see total sales falling from 17.3 million last year to 15.5 million. Panasonic is expected to follow Samsung and LG into large screen OLED HDTV production and outgoing prez Fumio Ohtsubo mentioned it would likely look for a partner there. Sumitomo has been rumored as a potential ally in the past, though a preference for run-flat tires could not be confirmed at press time.

Panasonic racks up a record loss for 2012, looks forward to profits and a partner for OLED TVs originally appeared on Engadget on Sun, 13 May 2012 06:57:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011earningshdpostminilcdoledpanasonicplasmaq4 2011Q42011Sun, 13 May 2012 06:57:00 EST<![CDATA[Sony's final 2011 report shows a record net loss, optimism for 2012]]>http://www.engadget.com/2012/05/10/sony-fy-2011-results/http://www.engadget.com/2012/05/10/sony-fy-2011-results/http://www.engadget.com/2012/05/10/sony-fy-2011-results/#comments Image

After a slew of bad news and drastically restated projections, Sony has reported the numbers for its full 2011 financial year and as expected, they're not good. The company experienced a record net loss of 456.7 billion yen ($5.73 billion) and an operating loss of 67.3 billion yen. The good news to look forward to however, is that it currently expects an operating profit of 180 billion yen for next year. For the year, it also noted sales of 13.9 million units for the PlayStation 3, 6.8 million PSPs/PS Vitas, 19.6 million LCD TVs and 21 million cameras. Next year, Sony is looking to move 16 million PS3s and 33 million smartphones. New CEO Kaz Hirai has detailed the "One Sony" strategy he hopes will bring the company back to financial health but with its current worth standing at just a fraction of competitors like Samsung and Apple (Reuters pegs it at 10 percent and 3 percent, respectively), the electronics giant has a long, long way to go. Hit the source link below for more dirty financial details, slideshows and spreadsheets.

Sony's final 2011 report shows a record net loss, optimism for 2012 originally appeared on Engadget on Thu, 10 May 2012 03:02:00 EST. Please see our terms for use of feeds.

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Toshiba isn't going with the flow this financial season, bucking the trend and posting a healthy (albeit reduced) net profit of 73.7 billion yen ($898.8 million). Whilst down from $1.7 billion in 2010, the company points to the European debt crisis, Japanese Earthquake and high oil prices as the barriers to further success. Unlike its local rivals, Tosh branched out early into "social infrastructure," building everything from radiation detectors, power plants and LED light bulbs -- businesses that made a stack of cash while its computer and TV businesses slumped. Unencumbered by these crises in the future, the company is projecting to make $1.68 billion across the next 12 months -- at which point it might treat itself to a spa day, or something.

Continue reading Toshiba made $898.8 million profit, could manage to lend you twenty bucks

Toshiba made $898.8 million profit, could manage to lend you twenty bucks originally appeared on Engadget on Tue, 08 May 2012 05:21:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>20112012BusinessEarningsEuropean Debt CrisisEuropeanDebtCrisisFinancialsFY2011HDDhdpostcrossJapanJapanese EarthquakeJapaneseEarthquakeProfitQ1 2012Q12012RadiationSocial InfrastructureSocialInfrastructureSovereign DebtSovereignDebtThailand FloodingThailandFloodingToshibaTVTue, 08 May 2012 05:21:00 EST<![CDATA[Rovio makes a Mighty Eagle's $68 million in profit in financial squawk]]>http://www.engadget.com/2012/05/07/rovio-2011-financials/http://www.engadget.com/2012/05/07/rovio-2011-financials/http://www.engadget.com/2012/05/07/rovio-2011-financials/#comments Image

Rovio has announced that in 2011, it made a huge $106.3 million turnover and a whopping $67.6 million in profit (before tax), showing that flinging feathery fowl is a very serious business. Fueled by the success of Angry Birds, Seasons and Rio, the company grew by a factor of eight in the last year, from 28 employees all the way to 224. The company adds that the three games were downloaded 648 million times and are now used by 200 million daily users, while sales of merchandise contributed to around 30 percent of the total revenue. The report adds that the only barrier to future profits is if people stop buying new smartphones, but we're not sure that's likely to be the case for a while.

Continue reading Rovio makes a Mighty Eagle's $68 million in profit in financial squawk

Rovio makes a Mighty Eagle's $68 million in profit in financial squawk originally appeared on Engadget on Mon, 07 May 2012 15:23:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>20112011 Earnings Report2011 Report2011EarningsReport2011ReportAngry BirdsAngry Birds RioAngry Birds SeasonsAngry Birds SpaceAngryBirdsAngryBirdsRioAngryBirdsSeasonsAngryBirdsSpaceBusinessEarningsFinancialsFinlandGamingHelsinkimobilepostcrossPigsPomplamooseProfitRovio StudiosRovioStudiosMon, 07 May 2012 15:23:00 EST<![CDATA[Sharp posts $1.4 billion extraordinary loss, refocuses on mobile displays]]>http://www.engadget.com/2012/04/27/sharp-fy-2012-loss/http://www.engadget.com/2012/04/27/sharp-fy-2012-loss/http://www.engadget.com/2012/04/27/sharp-fy-2012-loss/#comments Sharp posts $1.4 billion extraordinary loss for 2011 - 2012, sees writing on wall in high definitionSharp has reported an extraordinary loss of 117.1 billion yen ($1.4 billion) for the financial year ending March 2012. The company has cited restructuring costs and inventory losses as the causes for the write-down, but also projected that its TV business would lose a further 18.7 percent of its projected sales in the current year. The company has decided to convert some of its big-screen LCD production lines into mobile LCDs as it tries to reassert its dwindling display business. It's yet more bad news after the company sold part of its LCD manufacturing business to Hon Hai, Sony withdrew from a joint venture and refused to deal with Sharp in the future, plus an 86 percent collapse in profits.

Continue reading Sharp posts $1.4 billion extraordinary loss, refocuses on mobile displays

Sharp posts $1.4 billion extraordinary loss, refocuses on mobile displays originally appeared on Engadget on Fri, 27 Apr 2012 04:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011BusinessCellphone DisplaysCellphoneDisplaysEarningsFinancialsFY 2011Fy 2012Fy2011Fy2012hdpostcrossHon HaiHon Hai PrecisionHonHaiHonHaiPrecisionLCDLCD PanelsLcdPanelsLossMobile DisplayMobileDisplayPaul MoleyneuxPaulMoleyneuxSharpSharp ElectronicsSharp Electronics EuropeSharpElectronicsSharpElectronicsEuropeSonyTVYenFri, 27 Apr 2012 04:20:00 EST<![CDATA[Huawei 2011 financials: 20 million smartphones sold yet profit down 53 percent]]>http://www.engadget.com/2012/04/23/huawei-2011-financials-20-million-smartphones-sold-yet-profit-d/http://www.engadget.com/2012/04/23/huawei-2011-financials-20-million-smartphones-sold-yet-profit-d/http://www.engadget.com/2012/04/23/huawei-2011-financials-20-million-smartphones-sold-yet-profit-d/#comments Image

Huawei's annual earnings report is out and it's a mixed bag, since while turnover increased by 11.7 percent to 203.9 RMB ($32.3 billion), profits plummeted 53 percent to 11.6 billion RMB ($1.8 billion). Revenue from overseas sales (138.4 billion RMB) equated for over half the company's total income and it boasted of having sold 150 million consumer devices, including 20 million smartphones in the year. The company didn't provide reasons for the drop in profit, emphasizing that it's increased R&D spending by 34.2 percent to 23.7 billion RMB ($3.75 billion) and that in any event, it's got around $30 billion of assets that can shoulder the brunt of a bad year.

However, the company may not see a rosy 2012 either, after both America and Australia refused to give the company big infrastructure deals (Huawei's bread and butter) thanks to allegedly close relationships between the company and the Chinese government. It seems to be following a similar trajectory to rival ZTE, which also felt margins squeeze as it entered the global retail space and felt the heat when its political dealings were thrown in the spotlight.

Continue reading Huawei 2011 financials: 20 million smartphones sold yet profit down 53 percent

Huawei 2011 financials: 20 million smartphones sold yet profit down 53 percent originally appeared on Engadget on Mon, 23 Apr 2012 17:12:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011BackboneBroadbandBusinessDevicesDropEarningsFallFinancialsGovernmentHuaweiInfrastructureInternetLossmobilepostcrossnational securityNationalSecurityProfitRen ZhengfeiRenZhengfeisecuritySmartphonesZTEMon, 23 Apr 2012 17:12:00 EST<![CDATA[Sony revises projections, sees $6.4 billion net loss for 2011]]>http://www.engadget.com/2012/04/10/sony-revises-projections-sees-6-4-billion-net-loss-for-2011/http://www.engadget.com/2012/04/10/sony-revises-projections-sees-6-4-billion-net-loss-for-2011/http://www.engadget.com/2012/04/10/sony-revises-projections-sees-6-4-billion-net-loss-for-2011/#comments While we wait to hear Kaz Hirai's new plan for Sony, the news is getting worse before it gets better. The company just announced new projections that are more than double the net loss it predicted in February for the fiscal year 2011, to the tune of $6.4 billion. The reason? According to Reuters, it's additional tax expenses that are causing the pain, as Sony says it's "due to the establishment of valuation allowances against certain deferred tax assets, predominantly in the U.S." There is a silver lining to this cloud however, as the company is projecting an operational profit of 180 billion yen ($2.2 billion US) in 2012, compared to a loss of 95 billion yen ($1.16 billion US) last year. There are already predictions that Kaz will announce significant cuts in jobs and bonuses on the 12th, and from the numbers in the PDF linked below you can see why.

Sony revises projections, sees $6.4 billion net loss for 2011 originally appeared on Engadget on Tue, 10 Apr 2012 03:27:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011breaking newsearningsfiscal year 2011FiscalYear2011hdpostcrossjapankaz hiraiKazHirailossmobilepostcrossnet lossNetLosssonyTue, 10 Apr 2012 03:27:00 EST<![CDATA[Sega streamlines US, European operations after posting $86 million loss]]>http://www.engadget.com/2012/03/30/sega-losses/http://www.engadget.com/2012/03/30/sega-losses/http://www.engadget.com/2012/03/30/sega-losses/#comments Image
Sega Sammy Holdings Inc. has announced that it will begin streamlining its American and European operations after posting an 7.1 billion Yen ($86 million dollar) extraordinary loss for the 2011 year. The move is expected to create a "smaller company positioned for sustained profitability" with the company planning a shift to a new "digital content" strategy. It'll cancel work on new, forthcoming titles and just concentrate on key earners like the Sonic, Football Manager and Total War franchises. There's no official word on if it'll involve job losses, but the company is setting aside 4.9 billion yen ($59.7 million) of that loss figure in order to cover the costs of the corporate reorganization. In the meantime, we're off to pour one out for one of our childhood staples.

Sega streamlines US, European operations after posting $86 million loss originally appeared on Engadget on Fri, 30 Mar 2012 11:07:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>20112011 Earnings2011 Financials2011Earnings2011FinancialsAliensBusinessEarningsFinancialsFootball ManagerFootballManagerRome: Total WarRome:TotalWarSegaSega SammySega Sammy Holdings IncSegaSammySegaSammyHoldingsIncSonic the HedgehogSonicTheHedgehogTotal WarTotalWarFri, 30 Mar 2012 11:07:00 EST<![CDATA[ZTE announces 2011 financials: turnover up, profits down, political scandals tricky]]>http://www.engadget.com/2012/03/30/zte-announces-2011-financials-turnover-up-profits-down-politi/http://www.engadget.com/2012/03/30/zte-announces-2011-financials-turnover-up-profits-down-politi/http://www.engadget.com/2012/03/30/zte-announces-2011-financials-turnover-up-profits-down-politi/#comments ImageZTE's annual earnings report is out and it's a mixed bag for the Chinese company with aspirations to go west. Revenues grew 23 percent to 86.25 billion RMB ($13.7 billion) but net profit fell a hefty 36.6 percent to 2.06 billion RMB ($327 million). More than half of ZTE's operating revenue came from overseas as the company moves into the global space and, while some of that cash came from its smartphone business, much more poured in from the infrastructure arm that supplies LTE equipment to networks. At the same time, ZTE is having to deal with accusations that it sold $131 million worth of snooping gear to Iran to monitor its own citizens, forcing the company to limit its operations there -- although it insists this won't have any impact on its future income.

Continue reading ZTE announces 2011 financials: turnover up, profits down, political scandals tricky

ZTE announces 2011 financials: turnover up, profits down, political scandals tricky originally appeared on Engadget on Fri, 30 Mar 2012 04:08:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>201136.6 Percent36.6PercentBusinessChinaEarningsFallFinancialsInfrastructureIranLTE GearLteGearmobilepostminiRMBSmartphonesZTEFri, 30 Mar 2012 04:08:00 EST<![CDATA[Nokia submits yearly SEC report, details €1.4b loss and Windows Phone risks]]>http://www.engadget.com/2012/03/08/nokia-2011-sec-report/http://www.engadget.com/2012/03/08/nokia-2011-sec-report/http://www.engadget.com/2012/03/08/nokia-2011-sec-report/#comments Nokia submits yearly SEC report, details €1.4b loss and Windows Phone risksNokia submitted its annual report (Form 20-F) to the SEC today, and -- as required of all publicly traded companies -- the information provided a candid overview of its financial health and market risks. Based on its quarterly reports, we've already known it was a rather bleak year for the Finnish outfit, which saw a €1.4b annual loss compared to €1.3b in profit just one year ago. Further, its net sales similarly took it on the chin, which amounted to €38.6b in 2011 versus €42.4b in the previous year. In terms of units sold, Nokia pushed out 339.8m feature phones during the year -- a three percent decline from the 349.2m units sold during 2010. The company attributed the drop to its aggressively priced competitors, as well as its lack of a dual-SIM handset for the first half of the year. Nokia's smartphone segment took an even harder hit, which fell to 77.3m units sold -- a 25 percent drop from the 103.6m devices shipped just one year ago. Once again, the company cites its aggressive competition as the primary factor for the decline, along with a waning interest in the Symbian platform.

In its discussion of potential threats to the company's bottom-line, Nokia provides a rather forthright assessment that accurately pegs its future success in the smartphone marketplace upon the acceptance of Windows Phone among developers and consumers. Likewise, its projections to sell 150 million Symbian units is failing to materialize -- big shocker there -- and Nokia now expects demand for its homegrown platform to continue deteriorating. Nonetheless, it remains stalwart in the commitment to support Symbian through 2016 -- though surprisingly, no comment on how this in itself could be a disaster to the company's bottom-line. Should Nokia's smartphone effort fail, that leaves it with the Series 40 feature phone segment, which it characterizes as a low-margin business that may see its demand erode as smartphones reach even lower price points. Nobody ever said that the mobile industry was a bed of roses, but if you'd like to view the world through Nokia's eyes, you're certain to find its commentary (pages 13 - 47 of the source document) an interesting read.

Nokia submits yearly SEC report, details €1.4b loss and Windows Phone risks originally appeared on Engadget on Thu, 08 Mar 2012 23:58:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011earningsfinancialsform 20-fForm20-flossmicrosoftmobilepostcrossnokiaprofitsecSecurities and Exchange CommissionSecuritiesAndExchangeCommissionseries 40Series40smartphonesmartphonessymbianwindows phoneWindowsPhoneyearlyThu, 08 Mar 2012 23:58:00 EST<![CDATA[MetroPCS Q4 results are in: increased revenue, slowing growth]]>http://www.engadget.com/2012/02/23/metropcs-q4-results-are-in-increased-revenue-slowing-growth/http://www.engadget.com/2012/02/23/metropcs-q4-results-are-in-increased-revenue-slowing-growth/http://www.engadget.com/2012/02/23/metropcs-q4-results-are-in-increased-revenue-slowing-growth/#comments MetroPCS Q4 results are in; revenue and ARPU up, growth slows

The nation's fifth largest wireless provider -- MetroPCS -- has checked in with its Q4 2011 financials, and on the whole, the company looks to be doing quite well. Metro reported $1.2 billion in consolidated quarterly revenues and $362 million in earnings, an increase of 16% and 15% when compared to the fourth quarter of 2010. A few other positive vitals: average revenue per user (ARPU) was up $0.76, net income rose to $77 million and churn dropped 80 basis points from 4.5% in Q3 to 3.7% in Q4. Two small blemishes can be found in the net customer additions and cost per user (CPU) columns. While MetroPCS added well over 197,000 new customers in Q4, the rate at which it grew slowed dramatically -- down 34% when compared to the fourth quarter of 2010. The company's CPU also rose $1.17 during that same period -- which can be partially attributed to LTE network services, along with general expansion and operating costs. One other mildly unfortunate note was word that voice over LTE wouldn't be launching till the second half of the year, slightly later than we had been anticipating. Taking all that into consideration, it was still a strong quarterly showing from the value-centered wireless carrier.

Continue reading MetroPCS Q4 results are in: increased revenue, slowing growth

MetroPCS Q4 results are in: increased revenue, slowing growth originally appeared on Engadget on Thu, 23 Feb 2012 14:38:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011ARPUCPUEarningsEBITDAfilingFinancialsfiscalfourthfourth quarterFourthQuarterMetroMetroPCSmobilepostcrossmobilepostminiPCSQ4Q4 2011Q42011quarterrevenueThu, 23 Feb 2012 14:38:00 EST<![CDATA[Visualized: iOS 2011 sales smoke 28 years of Mac]]>http://www.engadget.com/2012/02/17/visualized-ios-2011-sales-outsells-28-years-of-mac/http://www.engadget.com/2012/02/17/visualized-ios-2011-sales-outsells-28-years-of-mac/http://www.engadget.com/2012/02/17/visualized-ios-2011-sales-outsells-28-years-of-mac/#comments Visualized: iOS 2011 sales smoke 28 years of Mac
Love it or hate it, Apple had a pretty stellar 2011. According to crunched numbers from Asymco, between its iPhone, iPad and iPod touch, the Cupertino outfit sold some 156 million iOS devices in 2011, marking a grand total of 316 million in the mobile OS' short history. What's most interesting here, however, is the fact that last year's digits alone have completely blown past the 122 million units daddy Mac has managed in its 28 years of existence. It's no wonder the company borrowed a few tricks from iOS for its latest desktop operating system.

Visualized: iOS 2011 sales smoke 28 years of Mac originally appeared on Engadget on Fri, 17 Feb 2012 14:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011applecomputercomputersideviceidevicesimaciosios 2011 salesios platformios salesIos2011SalesIosPlatformIosSalesipadiphoneipod touchIpodTouchmacmac osmac platformmac salesmacintoshMacOsMacPlatformmacsMacSalessalesvisualizedFri, 17 Feb 2012 14:40:00 EST<![CDATA[HBO Go rolls out to most Samsung Smart HDTVs -- but not through all providers]]>http://www.engadget.com/2012/02/16/hbo-go-samsung-smart-tv/http://www.engadget.com/2012/02/16/hbo-go-samsung-smart-tv/http://www.engadget.com/2012/02/16/hbo-go-samsung-smart-tv/#comments It's been nearly a year since Samsung first announced HBO Go access would be coming to its Smart TVs, and today the company announced on all forms of social media (Twitter, Facebook, Google+ -- there may be a YouTube video out there somewhere) it's finally available. Most should be familiar with HBO's TV Everywhere offering that opens its archives to users on various internet devices and has already been well received on iOS, Android and Roku platforms. The official HBO Go Twitter account mentions news on the Xbox 360 client is "coming soon" but for now subscribers can just grab the app and start watching -- with a few caveats.

For reasons not mentioned, the HBO Go app doesn't play nicely with every Smart TV, with access available on all 2010 and 2011 models with the exception of several from last year (listed after the break). Also key to remember is that not every TV provider has given its blessing to allows customers access to HBO Go in the living room, so it seems Comcast, DirecTV and Time Warner customers are still out of luck. If you've got the right combo of service provider and hardware go forth and download from the Samsung Apps marketplace right now, we'll be busy trying to figure out where the old episodes of Arli$$ are.

Update: As a few readers pointed out, DirecTV customers actually are able to access the service on Samsung TVs, and HBO representatives confirmed they should have access to the service, contrary to the list posted on the HBO support site. Stream on satellite subscribers, stream on, and if you notice any other discrepancies in the official lists let us know in the comments.

Continue reading HBO Go rolls out to most Samsung Smart HDTVs -- but not through all providers

HBO Go rolls out to most Samsung Smart HDTVs -- but not through all providers originally appeared on Engadget on Thu, 16 Feb 2012 21:38:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>20102011connected tvConnectedTvhbohbo goHboGohdpostcrosshdpostminihdtvsamsungsmart tvSmartTvstreamingtv everywhereTvEverywhereThu, 16 Feb 2012 21:38:00 EST<![CDATA[Comcast slows the flood of video customer losses in Q4 2011]]>http://www.engadget.com/2012/02/15/comcast-slows-the-flood-of-video-customer-losses-in-q4-2011/http://www.engadget.com/2012/02/15/comcast-slows-the-flood-of-video-customer-losses-in-q4-2011/http://www.engadget.com/2012/02/15/comcast-slows-the-flood-of-video-customer-losses-in-q4-2011/#comments It's not often that a company announced it lost 17,000 customers in a quarter and that's considered good news, but for Comcast that's exactly the case when it comes to cable TV. Compared to the 135,000 customers lost in the same period a year ago (which was also lower than the year that preceded it), it's a slowing of a trend over the last few years and if you believe cord cutting is taking a toll on Big Cable, could indicate that is tailing off as well. That's not all of the good news however, as it also increased the number of customers picking up extra services like internet and phone. We didn't get too many tidbits from the earnings call, but did hear a mention that it's investing in new cloud-based software for its TV boxes -- hopefully that means we'll see that new Xfinity TV guide roll out widely sooner rather than later.

Comcast slows the flood of video customer losses in Q4 2011 originally appeared on Engadget on Wed, 15 Feb 2012 10:57:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011cablecable tvCableTvcomcastearningsfinancialshdpostminiinternetq4q4 2011Q42011subscribersxfinityxfinity tvXfinityTvWed, 15 Feb 2012 10:57:00 EST<![CDATA[Reminder: Vote for the 2011 Engadget Awards!]]>http://www.engadget.com/2012/02/14/reminder-vote-for-the-2011-engadget-awards/http://www.engadget.com/2012/02/14/reminder-vote-for-the-2011-engadget-awards/http://www.engadget.com/2012/02/14/reminder-vote-for-the-2011-engadget-awards/#comments Reminder: Vote for the 2011 Engadget Awards!
Emmys? Check. Grammys? Check. Engadget Awards 2011? Almost there. Now that we've gone through the nomination process, it's time for you to let us know who deserves to be crowned king of its category, which in some special cases, might not be something to be completely proud of. The clock's ticking and you have until 11:59PM ET on Monday February 20th to drop your precious ballot in. We'll let you know soon thereafter who's walking away a winner and who's heading back to the shelves empty-handed, as well as who earned our Editors' Choice picks.

Who's got your vote? Fill us in by hitting up our voting page here.

Reminder: Vote for the 2011 Engadget Awards! originally appeared on Engadget on Tue, 14 Feb 2012 14:17:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>20112011 engadget awards2011EngadgetAwardsawardawardscontestengadgetengadget awardsEngadgetAwardsgadgetshdpostcrossmobilepostcrossvotevotingTue, 14 Feb 2012 14:17:00 EST<![CDATA[Sprint announces Q4 2011 results: the iPhone brings in 720,000 new customers]]>http://www.engadget.com/2012/02/08/sprint-q4-2011-financial-results/http://www.engadget.com/2012/02/08/sprint-q4-2011-financial-results/http://www.engadget.com/2012/02/08/sprint-q4-2011-financial-results/#comments Sprint announces Q4 2011 results: the iPhone brings in new customers

Following its bittersweet Q3, the latest financial report from Sprint this quarter offers up another mixed bag of news. Net operating losses totalled $438 million, more than the $139 million posted in the same quarter last year. It suffered a staggering $1.3 billion net loss (much of that due to upfront costs associated with launching the iPhone), dwarfing the Q3's $301 million losses. Operating revenue increases were, however, the largest in the last five years, up to $8.72 billion from $8.3 billion. Net subscribers now total 55 million, with 33 million postpaid, 14.8 million prepaid and around 7.2 million arriving from wholesale, adding an extra 1.6 million Sprint customers in the last quarter. This was also the first time in a long while that new subscribers on the Sprint platform outpaced losses at the Nextel and wireline businesses. Sprint hoped to see its iPhone draw customers into its network, putting it toe-to-toe with the bigger carriers, and it largely did, with 40 percent of the 1.8 million iPhones sold landing directly in the hands of new customers. However, the higher subsidy costs of the iPhone was also responsible for these tougher financial results. Last year also saw the tentative launch of Sprint's LTE network, and that's where the future appears to be for the carrier, with its forward-looking statement hinging on exactly how fast they're able to grab the 4G bull by the horns and get it into their customers' hands. Compatibility with Clearwire's next generation network is mentioned here, as is the "financial performance of Clearwire and its ability to build, operate, and maintain its 4G network." Lightsquared, however, was conspicuously absent from Sprint's future machinations.

Continue reading Sprint announces Q4 2011 results: the iPhone brings in 720,000 new customers

Sprint announces Q4 2011 results: the iPhone brings in 720,000 new customers originally appeared on Engadget on Wed, 08 Feb 2012 07:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011businesscarrierdan hesseDanHesseearningsfinancefinancialfinancialslossesLTEmobilepostcrossOverland ParkOverlandParkpostpaidprepaidprofitq4q4 2011Q42011quarterlyquarterly earningsQuarterlyEarningsrevenuesprintsubscribersubscriberswirelessWed, 08 Feb 2012 07:15:00 EST<![CDATA[Virgin Media's Q4 2011 report: Brits love TiVo, Fast Broadband, Vampire Diaries]]>http://www.engadget.com/2012/02/08/virgin-media-2011-q4/http://www.engadget.com/2012/02/08/virgin-media-2011-q4/http://www.engadget.com/2012/02/08/virgin-media-2011-q4/#comments Virgin Media's Q4 2011 report: Brits love TiVo, Fast BroadbandVirgin Media's school report for both last year and last quarter has been pretty positive for the Branson-Branded service. It pulled down £4 billion ($6.3 billion) in revenue for the year and made its first ever profit with a tidy £76 million ($120 million). In the last quarter alone, it added 273,000 TiVo subscribers, a figure that doubled its overall figure to 435,000. Favorite shows included Coronation Street, which was most caught-up with and The Vampire Diaries, which was the most binge-watched series. It's also clear that us Britons do love some super-fast broadband, 133,000 users plumped for speeds over 30MB in Q4. Flush with cash, it's going to buy back some shares and double consumers broadband speeds as it promised in January -- which we suppose is a fair way to spend your first profit, even if we'd have preferred to go to Disneyland.

Virgin Media's Q4 2011 report: Brits love TiVo, Fast Broadband, Vampire Diaries originally appeared on Engadget on Wed, 08 Feb 2012 06:32:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011BillionCoronation StreetCoronationStreetEarningsFinancialhdpostminiMediaNumbersQ4StatisticsStatsThe Vampire DiariesTheVampireDiariesTiVoVirginVirgin MediaVirgin Media TiVoVirginMediaVirginMediaTivoWed, 08 Feb 2012 06:32:00 EST<![CDATA[Reminder: Vote for the 2011 Engadget Awards!]]>http://www.engadget.com/2012/02/07/reminder-vote-for-the-2011-engadget-awards/http://www.engadget.com/2012/02/07/reminder-vote-for-the-2011-engadget-awards/http://www.engadget.com/2012/02/07/reminder-vote-for-the-2011-engadget-awards/#comments
We've sorted through the nominations and now we're relying on you to determine the real tech winners from 2011. So, if your smartphone of choice didn't get all the love you hoped it would, hop on over to the voting page and cast your vote. Keep in mind you have until 11:59PM ET on Monday February 20th to let your voice be heard. Check back for the leading vote getters along with our Editors' Choice gadgets before the end of the month.

Hit the voting page here to submit your ballot.

Reminder: Vote for the 2011 Engadget Awards! originally appeared on Engadget on Tue, 07 Feb 2012 15:48:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>20112011 engadget awards2011EngadgetAwardsawardawardscontestengadgetengadget awardsEngadgetAwardsgadgetshdpostcrossmobilepostcrossvotevotingTue, 07 Feb 2012 15:48:00 EST<![CDATA[Sony's Q3 earnings are in: wider than expected full year loss, lowered sales projections]]>http://www.engadget.com/2012/02/02/sony-earnings-q3-2011/http://www.engadget.com/2012/02/02/sony-earnings-q3-2011/http://www.engadget.com/2012/02/02/sony-earnings-q3-2011/#comments Sony already revealed Kazuo Hirai will take over for Howard Stringer as CEO and President April 1st last night, and with the big shocker out of the way it's time for the fiscal Q3 reports. After posting a net loss of $346 million last quarter, Sony is now expecting a bigger loss for 2011 than it had previously estimated, as well as lower sales. It's currently showing a net loss for the quarter of 159 billion yen ($2~ billion), or a $1.2 billion operating loss. Blame is put on a larger than expected effect from the flooding in Thailand, strong yen and weakness in cellphones. Sales for the quarter were about $23 billion, down 17.4 percent from the same quarter last year. The consumer products and services division (HDTVs, PS3s, etc.) in particular caught a brick, with an operating loss of over a billion dollars on sales that dropped 24 percent from last year. It recorded a loss on its sale of shares in the S-LCD venture with Samsung, LCD TVs sold for prices lower than its cost reductions, and the PlayStation 3 had the killer combo of higher marketing costs and lower unit sales. Check the PDF and slides linked below for more bad news. We'll let you know what we hear on the earnings call in a few, but until then, Kaz, may we suggest bringing in Jimmy Rollins for tips on breaking out of a slump?

Continue reading Sony's Q3 earnings are in: wider than expected full year loss, lowered sales projections

Sony's Q3 earnings are in: wider than expected full year loss, lowered sales projections originally appeared on Engadget on Thu, 02 Feb 2012 01:04:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011braviaceoearningsfinancialsfiscalhdpostcrosshoward stringerHowardStringerKaz HiraiKazHiraimobilepostcrossps3q3q3 2011Q32011sonysony ericssonSonyEricssonThu, 02 Feb 2012 01:04:00 EST<![CDATA[Amazon announces Q4 2011 results: sales jump to $17.43 billion, but profits drop 58 percent]]>http://www.engadget.com/2012/01/31/amazon-announces-q4-2011-results-sales-jump-to-17-43-billion/http://www.engadget.com/2012/01/31/amazon-announces-q4-2011-results-sales-jump-to-17-43-billion/http://www.engadget.com/2012/01/31/amazon-announces-q4-2011-results-sales-jump-to-17-43-billion/#comments
Amazon's just announced its earnings for the fourth quarter of the year, and it's a bit of a mixed bag. While net sales were up 35 percent year-over-year to $17.43 billion, net income dropped a hefty 58 percent to $177 million, or 38 cents a share -- that's off analysts' expectations, who were looking for sales in the neighborhood of $18.3 billion and earnings of 17 cents a share. As always, the company is remaining mum on any specific Kindle sales figures, but it says that sales of all Kindle devices nearly tripled over the holiday shopping season, and that the Kindle Fire remains the bestselling item across all of the products it offers; of course, the loss it's taking on each one is also one of the big reasons for that drop in profits.

Specific figures are equally hard to come by for some of Amazon's other services, but the company says the number of Appstore for Android customers has nearly tripled from the previous quarter (with them downloading more apps in Q4 than all of the previous quarters combined), and that the number of Instant Video customers has more than doubled year-over-year (with the number of streams increasing 300 percent from the previous quarter). Looking at the full year, sales for all of 2011 totaled $48.08 billion, up 41 percent from $34.2 billion in 2010, while net income dropped 45 percent to $631 million (down from $1.15 billion in 2010). And as for the future, Amazon is also lowering expectations somewhat for the first quarter of 2012, projecting that revenue will come in at $12 to $13.4 billion, and that net income could range from a $200 million loss to a gain of $100 million.

Continue reading Amazon announces Q4 2011 results: sales jump to $17.43 billion, but profits drop 58 percent

Amazon announces Q4 2011 results: sales jump to $17.43 billion, but profits drop 58 percent originally appeared on Engadget on Tue, 31 Jan 2012 16:26:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011amazone booke bookse readere readerse-booke-bookse-readere-readersearningsfinancialfinancialsq4q4 2011Q42011resultsTue, 31 Jan 2012 16:26:00 EST<![CDATA[EU online spending estimated to grow 16 percent, reach €232 billion in 2012]]>http://www.engadget.com/2012/01/20/eu-online-spending-to-reach-232-billion/http://www.engadget.com/2012/01/20/eu-online-spending-to-reach-232-billion/http://www.engadget.com/2012/01/20/eu-online-spending-to-reach-232-billion/#comments Pardon us Americans as we act surprised, but it turns out that we have one more thing in common with our Euro brethren: a growing number of us dislike shopping in stores. According to Kelkoo estimates, online spending in the European Union is projected to continue its upward trend, which is said to reach somewhere in the neighborhood of €232 billion before year's end. If the estimate holds, this would be a 16 percent increase over the €200 billion raked by e-tailers during 2011, and is naturally assumed to come at the expense of traditional brick and mortar outfits, whose growth is projected to increase by a mere 1.8 percent.

The data gathered also suggest there's significant room for expansion, however, as online spending accounted for just 7.8 percent of all EU retail sales in 2011, with the UK, Germany and France being responsible for a whopping 71 percent of that tally. The 16 percent projected growth is a slight decline from 2011, which saw EU online spending grow by 18 percent -- although, Europe's growing habit for click-and-ship continues to outpace the US, which grew by only 12.8 percent in 2011. Now, since you've crammed all these numbers, why not check the funny pages?

[Shopping button via Shutterstock]

EU online spending estimated to grow 16 percent, reach €232 billion in 2012 originally appeared on Engadget on Fri, 20 Jan 2012 21:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>20112012consumer spendingConsumerSpendingenglandestimateestimateseueuropeEuropean unionEuropeanUnionforecastfrancegermanykelkooonlineonline salesonline shoppingonline spendingOnlineSalesOnlineShoppingOnlineSpendingretailsalessales figuresSalesFiguresshoppingspendingukunited statesUnitedStatesusFri, 20 Jan 2012 21:45:00 EST<![CDATA[Intel reports record 2011 earnings, bests Q4 estimates]]>http://www.engadget.com/2012/01/19/intel-reports-record-2011-earnings-bests-q4-estimates/http://www.engadget.com/2012/01/19/intel-reports-record-2011-earnings-bests-q4-estimates/http://www.engadget.com/2012/01/19/intel-reports-record-2011-earnings-bests-q4-estimates/#comments Intel just released its fiscal year-end numbers, including its Q4 report, and things are indeed looking up for the company. After revising its final quarter estimate late last December on the heels of supply chain reductions, the chipmaker posted $13.9 billion in revenues on the strength of its PC client and data center group, beating its prior goal of $13.7 billion, but still falling well under its initial $14.7 billion target. As for its full year performance, well it appears this is one for the books, considering revenues grew to $54 billion -- a $10 billion plus year over year boost -- with profits coming in at $12.9 billion, leading 2011's statement to "[eclipse] all annual revenue and earnings records." And with Ultrabooks lingering just on the horizon, the company expects business to continue to boom well into 2012. Need a more detailed look at Intel's bottom line? Then click on past the break for the official PR.

Continue reading Intel reports record 2011 earnings, bests Q4 estimates

Intel reports record 2011 earnings, bests Q4 estimates originally appeared on Engadget on Thu, 19 Jan 2012 16:28:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011earningsEarnings reportsEarningsReportsfinancialfinancialsintelq4q4-2011Thu, 19 Jan 2012 16:28:00 EST<![CDATA[Kickstarter details the year that was: 27k projects, almost $100 million in funding]]>http://www.engadget.com/2012/01/11/kickstarter-details-the-year-that-was-27k-projects-almost-100/http://www.engadget.com/2012/01/11/kickstarter-details-the-year-that-was-27k-projects-almost-100/http://www.engadget.com/2012/01/11/kickstarter-details-the-year-that-was-27k-projects-almost-100/#comments
Just how big a year was 2011 for Kickstarter? Very nearly a $100 million dollar year. That was the total amount of funding pledged on the crowd-sourced site during the year ($99,344,382, specifically), which is up considerably from the $27.6 million pledged in 2010. That was generated by just over 27,000 projects, 11,836 of which reached their funding goals (a success rate of 46%, up from 43% in 2010). What's more, while tech-related projects may generate the most attention 'round these parts, film and music projects were actually the two biggest cash draws on the site (netting $32 million and $19 million, respectively). Hit the source link below for the company's complete wrap-up.

Kickstarter details the year that was: 27k projects, almost $100 million in funding originally appeared on Engadget on Wed, 11 Jan 2012 01:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011crowd sourcedcrowd sourcingcrowd-sourcedcrowd-sourcingCrowdSourcedCrowdSourcingfundingindependentindiekickstarterWed, 11 Jan 2012 01:10:00 EST<![CDATA[2011 Year in review: A timeline]]>http://www.engadget.com/2012/01/01/2011-year-in-review-a-timeline/http://www.engadget.com/2012/01/01/2011-year-in-review-a-timeline/http://www.engadget.com/2012/01/01/2011-year-in-review-a-timeline/#comments
In an industry that changes minute by minute, a year's worth of news is a lot to digest. We combed our archives in an attempt to drown out the noise and came up with a short list of the stories that made 2011. Consider this an abridged look back at the year that was. Head past the break to check it out.

Continue reading 2011 Year in review: A timeline

2011 Year in review: A timeline originally appeared on Engadget on Sun, 01 Jan 2012 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>20112011 timeline2011Timelineengadget year in reviewEngadgetYearInReviewtimelineyear in reviewyear in review 2011YearInReviewYearInReview2011Sun, 01 Jan 2012 16:00:00 EST<![CDATA[Engadget Distro's 2011 Year In Review is here!]]>http://www.engadget.com/2011/12/30/engadget-distros-2011-year-in-review-is-here/http://www.engadget.com/2011/12/30/engadget-distros-2011-year-in-review-is-here/http://www.engadget.com/2011/12/30/engadget-distros-2011-year-in-review-is-here/#comments As yet another year of spectacular technological gains and enormous losses comes to a close, we present to you our best attempt at a comprehensive look back: Engadget Distro's Year In Review. In "Technology_In_2011.zip" we'll provide a compressed month-by-month timeline of just a few of the year's standout stories and announcements. We'll also bring you the year in corporate mudslinging with a collection of the most outrageous "CE-Oh No He Didn't" moments and present "The Top 10 Crappiest Crapgadgets of 2011," as selected by our readers. Looking ahead, we have our predictions of what's to come at CES 2012, TechnoBuffalo's Jon Rettinger gives us some insight into his distaste for OS wars in "Q&A" and Don Melanson offers up his list of the year's must-reads. So, in the interest of retrospection, hit that download link and let's reflect.

Distro Issue 20 PDF
Distro on the iTunes App Store
Distro in the Android Market
Distro APK (for sideloading)
Like Distro on Facebook
Follow Distro on Twitter

Cover Illustration by Stephen Webster.

Engadget Distro's 2011 Year In Review is here! originally appeared on Engadget on Fri, 30 Dec 2011 09:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>20112011 year in review2011YearInReview2012 preview2012Previewcesces 2012 previewCes2012Previewdistroengadget distroEngadgetDistrohdpostcrossissue 20Issue20jon rettingerJonRettingermagazinemobilepostcrossspecial editionSpecialEditiontechnobuffaloweeklyyear in reviewYearInReviewFri, 30 Dec 2011 09:15:00 EST<![CDATA[Google, Apple, other vaguely familiar tech names top Nielsen's 'Tops of 2011' list]]>http://www.engadget.com/2011/12/30/google-apple-other-vaguely-familiar-tech-names-top-nielsens/http://www.engadget.com/2011/12/30/google-apple-other-vaguely-familiar-tech-names-top-nielsens/http://www.engadget.com/2011/12/30/google-apple-other-vaguely-familiar-tech-names-top-nielsens/#comments Those perpetual rankers over at Nielsen unveiled their "Tops of 2011" list this week, revealing the most popular brands and products across all manner of categories. There's nothing particularly shocking over on the digital side of things -- Google topped the list of Top US Web Brands, followed by Facebook. Perhaps a bit more surprisingly, Yahoo managed to hold its own in 2011, rounding out the top three. Over on the smartphone side, Apple came out on top with a 29 percent marketshare in data pulled from August to October 2011, followed by HTC. Despite a fairly tough year, RIM managed the number three spot. On the social side, Facebook scored number one, followed by Blogger and Twitter, while some site called "YouTube" was ranked number one in video. Check out the rest of the results in the source link below.

Google, Apple, other vaguely familiar tech names top Nielsen's 'Tops of 2011' list originally appeared on Engadget on Fri, 30 Dec 2011 01:12:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011appleblackberryfacebookgooglehtcmobilepostcrossnielsentops of 2011TopsOf2011yahooFri, 30 Dec 2011 01:12:00 EST<![CDATA[Android and iOS share a merry little Christmas: seven million total device activations]]>http://www.engadget.com/2011/12/28/android-and-ios-share-a-merry-little-christmas-seven-million-to/http://www.engadget.com/2011/12/28/android-and-ios-share-a-merry-little-christmas-seven-million-to/http://www.engadget.com/2011/12/28/android-and-ios-share-a-merry-little-christmas-seven-million-to/#comments Google's SVP of Mobile just provided us with another glimpse inside the horse's mouth, claiming that Android scored 3.7 million new device activations over Christmas Eve and Christmas Day. To put that in context, Flurry reported that total Android and iOS activations on Christmas Day alone totaled 6.8 million. If we can accept a very high margin of error, and if we assume that the vast majority of Rubin's activations were on the 25th, then we might extrapolate a roughly even split between the two rival platforms. Considering where Android was just a couple of Christmas's ago, it's no wonder that Mr Rubin is in the tweeting mood.

Android and iOS share a merry little Christmas: seven million total device activations originally appeared on Engadget on Wed, 28 Dec 2011 05:55:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011activationactivationsAmazon AppstoreAmazonAppstoreandroidAndroid MarketAndroidMarketAndy RubinAndyRubinapp downloadsapp storeapp storesAppDownloadsappleapple iosAppleIosappsAppStoreAppStoresChristmasChristmas 2011Christmas2011figuresgooglegoogle androidGoogleAndroidiosmobilepostcrossplatformstatisticsstatsWed, 28 Dec 2011 05:55:00 EST<![CDATA[Shocker! Tablet ad requests up 700 percent during 2011]]>http://www.engadget.com/2011/12/22/shocker-tablet-ad-requests-up-700-percent-during-2011/http://www.engadget.com/2011/12/22/shocker-tablet-ad-requests-up-700-percent-during-2011/http://www.engadget.com/2011/12/22/shocker-tablet-ad-requests-up-700-percent-during-2011/#comments Good news: all those new tablets you see reported on these pages aren't being stolen by elves; they're entering the human population at large and -- most Christmassy of all -- they're displaying ads. Google told TechCrunch that its AdMob platform saw eight billion ad requests from tablets during the month of November, compared to one lonely billion back in December 2010. Total AdMob requests amount to roughly three billion per day, however, so tablet advertising is still sugary froth compared to that on smartphones.

Shocker! Tablet ad requests up 700 percent during 2011 originally appeared on Engadget on Thu, 22 Dec 2011 15:01:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011admobadvertisingchristmasgooglegoogle admobGoogleAdmobmobile advertisingMobileAdvertisingshockerstatstablettablet PCTabletPctabletstrafficThu, 22 Dec 2011 15:01:00 EST<![CDATA[iPhone app downloads stuttering in the US, but still gold compared to Android]]>http://www.engadget.com/2011/12/21/iphone-app-downloads-stuttering-in-the-us-but-still-gold-compar/http://www.engadget.com/2011/12/21/iphone-app-downloads-stuttering-in-the-us-but-still-gold-compar/http://www.engadget.com/2011/12/21/iphone-app-downloads-stuttering-in-the-us-but-still-gold-compar/#comments At some point, we'll all have to stop binging on discounted apps and start being reflective -- and that's when Distimo's 2011 'App Year in Review' report can serve as a nice digestive. Alongside some predictable trends, such as an impressive 400 percent surge in available Windows Phone apps, it also reveals a few interesting stats about the market leader. iPhone app downloads in the US "have been declining for nearly the entire year," it says, although there was big spike following the launch of the 4S. Regardless of volume, however, top-grossing iPhone apps still made four times as much money as the Android Market's premium performers. By the same measure, even iPad apps on their own generated twice as many dollars. Is this a tale of quality over quantity, or are Android apps simply better value? We'll decide when we're less queasy, and in the meantime there's a fuller summary of the report at the source link -- though you'll have to register to view it.

iPhone app downloads stuttering in the US, but still gold compared to Android originally appeared on Engadget on Wed, 21 Dec 2011 08:22:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011androidandroid marketAndroidMarketappapp storeapp storesApp year in reviewappleapple app storeAppleAppStoreappsAppStoreAppStoresAppYearInReviewdistimogoogleiosipad app storeIpadAppStoreiphone app storeIphoneAppStoremobilepostcrosswindows phoneWindowsPhoneWed, 21 Dec 2011 08:22:00 EST<![CDATA[RIM reports Q3 2011 earnings: $5.2b revenue, $265m net income and 14.1 million handsets shipped]]>http://www.engadget.com/2011/12/15/rim-reports-q3-2011-earnings-5-2b-revenue-265m-net-income-an/http://www.engadget.com/2011/12/15/rim-reports-q3-2011-earnings-5-2b-revenue-265m-net-income-an/http://www.engadget.com/2011/12/15/rim-reports-q3-2011-earnings-5-2b-revenue-265m-net-income-an/#comments
News out of Waterloo isn't all bad today, as Research in Motion has revealed its financial results for the third quarter of 2011. While the company previously had to scale back its earlier earnings projections of $5.6 billion in the quarter, it's apparent the firm came close to meeting that mark. After close of the markets today, RIM reported $5.2 billion in revenue with $265 million in net income and 14.1 million handsets shipped. The company was only able to eke out 150,000 PlayBook tablets during this time frame, however, which no doubt contributed to these reduced numbers. Unfortunately, the market hasn't taken so kindly to the revelation, as RIM's stock has fallen seven-percent in after hours trading. In a small bit of positive news, the firm reports that its subscriber count is up 35-percent year-over-year, which now totals 75 million subscribers.

Looking forward, the company expects to bring in between $4.6 and $4.9 billion in revenue for the next quarter, where it hopes to ship between 11 and 12 million units. Co-CEO Jim Balsillie referred to the last few quarters as among the most trying in the company's history, and promised to re-evaluate RIM's product portfolio, R&D strategy and to "leave no stone unturned" as it seeks to regain prominence in the smartphone world. Meanwhile, co-CEO Mike Lazaridis reaffirmed the commitment to the PlayBook OS 2.0, which remains on track for a February launch. As for the QNX-based BlackBerry 10 smartphones that we've been looking forward to, Lazaridis said to not expect anything until late 2012. Apparently, its availability will be hampered by a critical chipset supply that's not expected to become available until mid-next year. In other words, unless consumers develop a love for BlackBerry 7 OS real quick, 2012 may sadly be another ugly year for the folks in Waterloo.

RIM reports Q3 2011 earnings: $5.2b revenue, $265m net income and 14.1 million handsets shipped originally appeared on Engadget on Thu, 15 Dec 2011 16:47:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011blackberryblackberry 10Blackberry10earningsearnings reportEarningsReportJim BalsillieJimBalsillieMike LazaridisMikeLazaridismobilepostcrossplaybookplaybook 2.0Playbook2.0q3q3 2011q32011qnxquarterlyquarterly earningsQuarterlyEarningsresearch in motionResearchInMotionrimsmartphonesmartphonestabletThu, 15 Dec 2011 16:47:00 EST<![CDATA[Samsung claims record 300 million mobile sales this year]]>http://www.engadget.com/2011/12/12/samsung-claims-record-300-million-mobile-sales-this-year/http://www.engadget.com/2011/12/12/samsung-claims-record-300-million-mobile-sales-this-year/http://www.engadget.com/2011/12/12/samsung-claims-record-300-million-mobile-sales-this-year/#commentsAdd together ten million Galaxy S IIs, a dollop of Galaxy Nexii, a gargantuan gathering of Galaxy Notes and a healthy serving of Badas, and what do you get? 300 million handset sales so far in 2011, that's what. And Samsung claims that makes this the best year in its mobile-making history, surpassing 2010 by a whopping 20 million. Of course, more sales doesn't necessarily translate into greater revenue -- Nokia is still the world's largest manufacturer by volume and is a case in point. Nevertheless, we'll know more when Samsung reveals its Q4 earnings next month.

Samsung claims record 300 million mobile sales this year originally appeared on Engadget on Mon, 12 Dec 2011 07:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011BadaearningsGalaxy NexusGalaxy Notegalaxy S IIGalaxyNexusGalaxyNoteGalaxySIimobilemobile salesmobilepostcrossMobileSalesrecordrecord-breakingrevenuessalessamsungSamsung ElectronicsSamsungElectronicsMon, 12 Dec 2011 07:20:00 EST<![CDATA[HP releases Q4 2011 earnings: $9.7 billion operating profit for fiscal year]]>http://www.engadget.com/2011/11/21/hp-releases-q4-earnings-9-7-billion-operating-profit-for-fisca/http://www.engadget.com/2011/11/21/hp-releases-q4-earnings-9-7-billion-operating-profit-for-fisca/http://www.engadget.com/2011/11/21/hp-releases-q4-earnings-9-7-billion-operating-profit-for-fisca/#commentsIt hasn't been the best year for HP, what with the demise of webOS and the uncertainty surrounding its status as a PC maker. But, Meg Whitman hasn't taken the bridge of a sunken ship, though things are far from peachy keen. HP just posted its Q4 2011 earnings, and the company cleared a healthy $9.7 billion operating profit in 2011, though that's down 10 percent from last year. Total revenue for the quarter was 32.1 billion, a three percent decline from 2010. And, for those wondering just how much the death of webOS cost the company? Turns out that dalliance took a $3.3 billion chunk out of HP's bottom line. So, the news isn't the best for you HP fans, but we'll be listening in on the earnings call later today, so stay tuned for more details. Impatient folks can find plenty more financial figures in the Source link and PR that follow.

Update: CEO Meg Whitman and CFO Cathie Lesjac were on the call, and while specifics were hard to come by, they did let loose a couple hints regarding the company's future direction. Meg once again assured us all that HP and PSG are meant to be together, so the king of PC makers plans to keep its crown. Additionally, both bigwigs stressed that the company will be plowing more of its money in 2012 into R&D to foster "organic innovation" instead of buying it through outside acquisitions. Given the massive case of buyer's remorse HP had this year, that's probably a pretty good idea.

Continue reading HP releases Q4 2011 earnings: $9.7 billion operating profit for fiscal year

HP releases Q4 2011 earnings: $9.7 billion operating profit for fiscal year originally appeared on Engadget on Mon, 21 Nov 2011 16:44:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011earningsFinacial ReportFinacialReportfinancialshewlett packardHewlettPackardhpq4q4 2011q4 earningsq42011Q4EarningsMon, 21 Nov 2011 16:44:00 EST<![CDATA[Sony posts $350 million loss in Q2 earnings report, forecasts full-year loss]]>http://www.engadget.com/2011/11/02/sony-posts-350-million-loss-in-q2-earnings-report-forecasts-fu/http://www.engadget.com/2011/11/02/sony-posts-350-million-loss-in-q2-earnings-report-forecasts-fu/http://www.engadget.com/2011/11/02/sony-posts-350-million-loss-in-q2-earnings-report-forecasts-fu/#comments
Sony's Q2 earnings have just come in and, as you might guess, they're not particularly glowing. A few days after announcing plans to buy out Ericsson's stake in Sony Ericsson, the manufacturer posted a quarterly loss of ¥27 billion ($346 million) today, compared with a net income of ¥31.1 billion during the same quarter last year. Last quarter, the firm posted a net loss of ¥15.5 billion, or about $200 million. Sony attributed much of this decline to a stronger yen, lower TV sales and recent flooding in Thailand, which has disrupted its supply chain. On this basis, the company lowered its full year forecast, predicting a net loss of ¥90 billion ($1.2 billion), compared with a net profit of ¥60 billion that it had previously expected. It appears, then, that Sony's TV division is primed to post an annual loss for the 8th straight year, which would certainly explain those plans for a forthcoming shakeup. Find the full report at the source link, below.

Sony posts $350 million loss in Q2 earnings report, forecasts full-year loss originally appeared on Engadget on Wed, 02 Nov 2011 04:13:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011businessearningsfinancialshdpostcrossindustryjapanlossmanufacturingminipostmobilepostcrossmoneyprofitq2q2 2011Q22011salessmartphonesonysony ericssonSonyEricssonthailandthailand floodingThailandFloodingTVyenWed, 02 Nov 2011 04:13:00 EST<![CDATA[Cablevision reports Q3 earnings, sees profit fall by 65 percent, drop in video subscribers]]>http://www.engadget.com/2011/10/31/cablevision-reports-q3-earnings-sees-profit-fall-by-65-percent/http://www.engadget.com/2011/10/31/cablevision-reports-q3-earnings-sees-profit-fall-by-65-percent/http://www.engadget.com/2011/10/31/cablevision-reports-q3-earnings-sees-profit-fall-by-65-percent/#commentsIt's safe to say that Q3 2011 probably won't be remembered as Cablevision's finest. According to the provider's latest earnings report, profits declined by a full 65 percent over the year, with net income plunging to $39.3 million this quarter, compared with the $112.1 million it raked in during the third quarter of 2010. The company also reported a loss of 19,000 video subscribers during Q3, though it added 17,000 broadband customers and 38,000 telephone subscribers. Total customers, however, declined by 15,000 over the past three months. Revenue, meanwhile, increased by eight percent to $1.7 billion, though the New York-area operator lost about $16 million to Hurricane Irene -- not to mention all those legal fees. Smell that? That's a big platter of PR, sitting right there after the break.

Continue reading Cablevision reports Q3 earnings, sees profit fall by 65 percent, drop in video subscribers

Cablevision reports Q3 earnings, sees profit fall by 65 percent, drop in video subscribers originally appeared on Engadget on Mon, 31 Oct 2011 07:01:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011broadbandbusinesscableCablevisioncablevision earningsCablevisionEarningscostcustomersearningsearnings reportEarningsReportfinancialFinancial ReportFinancialReportfinancialshdpostminihurricane ireneHurricaneIreneindustrymoneynew yorkNewYorkprofitq3q3 2011q3 earningsQ32011Q3EarningsrevenuevideoMon, 31 Oct 2011 07:01:00 EST<![CDATA[Hon Hai sees profit fall nine percent in Q3, pins hopes on new Chinese factories]]>http://www.engadget.com/2011/10/31/hon-hai-sees-profit-fall-nine-percent-in-q3-pins-hopes-on-new-c/http://www.engadget.com/2011/10/31/hon-hai-sees-profit-fall-nine-percent-in-q3-pins-hopes-on-new-c/http://www.engadget.com/2011/10/31/hon-hai-sees-profit-fall-nine-percent-in-q3-pins-hopes-on-new-c/#comments
Hon Hai Precision Holdings has just released its Q3 earnings report, and it probably did so with a whimper. That's because net profits fell to NT$19.2 billion (about $614 million) this quarter, marking an 8.6 percent decline from Q3 2010, when Hon Hai (aka Foxconn) reported a net income of NT$21 billion (around $702 million). The company blamed the decline on a slow economic recovery and its ongoing expansion in China, where new factories are being constructed across inland areas like Chengdu, Wuhan and Zhengzhou. These costs are still taking a toll on Hon Hai's bottom line, though analysts say the expansion could pay off in the long-run, thanks to the lower wages that Hon Hai will have to pay to maintain operations in these less affluent regions. Some are also hopeful that the iPhone 4S will help spur production heading into Q4 of this year, though its ultimate effect, of course, remains to be seen. Hit up the links below for more details and analysis.

Hon Hai sees profit fall nine percent in Q3, pins hopes on new Chinese factories originally appeared on Engadget on Mon, 31 Oct 2011 05:26:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011applebusinesschinaearningsearnings reportEarningsReportfacilityfactoryfinancialfinancial reportFinancialReportfinancialsfoxconnhon haihon hai precisionHonHaiHonHaiPrecisioniphoneiphone 4sIphone4smanufacturingminipostmoneyplantprofitq3q3 2011q3 earningsQ32011Q3EarningsrevenueshipmentwageMon, 31 Oct 2011 05:26:00 EST<![CDATA[Nintendo posts first half loss in earnings report, slashes forecast yet again]]>http://www.engadget.com/2011/10/27/nintendo-posts-first-half-loss-in-earnings-report-slashes-forec/http://www.engadget.com/2011/10/27/nintendo-posts-first-half-loss-in-earnings-report-slashes-forec/http://www.engadget.com/2011/10/27/nintendo-posts-first-half-loss-in-earnings-report-slashes-forec/#comments
Nintendo's latest earnings report may be one of its most forgettable. The company posted a net loss of ¥70.27 billion ($923 million) this morning, in a report covering the first six months of the fiscal year ending on September 30th. That's significantly deeper than the ¥2.01 billion loss Nintendo posted during the same period last year, though Nintendo attributed the result, in part, to a strengthened yen and sagging demand for its 3DS console. Revenue, meanwhile, fell by 40.6 percent on the year, to ¥215.74 billion ($2.84 billion), as the manufacturer reported an operating loss of ¥57.34 billion. Things are looking so bleak, in fact, that Nintendo has decided to slash its financial projections yet again, predicting a net loss of ¥20 billion for the full year (ending in March 2012), compared with the ¥20 billion in profits it projected only in July. And, as Bloomberg notes, if these prognostications hold true, it would mark Nintendo's first annual loss in a full 30 years. Ouch. Check out the full report for yourself at the source link, below.

Nintendo posts first half loss in earnings report, slashes forecast yet again originally appeared on Engadget on Thu, 27 Oct 2011 04:28:00 EST. Please see our terms for use of feeds.

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Sprint has just unveiled its Q3 earnings report, and it's looking pretty bittersweet. According to the company, net operating revenues reached $8.3 billion during the quarter (about two percent higher than Q3 2010), while additions of new wireless net subscribers reached a five year high, with 1.3 million customers hopping onboard. Of those 1.3 million, 304,000 were of the postpaid variety, 485,000 were prepaid and about 835,000 were wholesale. Sprint lost about 44,000 net postpaid customers this quarter, but that's a major improvement over last quarter, when a little over 100,000 jumped ship, and marks a 59 percent improvement over last year's report. At the same time, however, the carrier reported net losses of $301 million -- lower than Q2's figures, but not exactly encouraging, either. As far as the future goes, the folks at Overland Park expect to end the year with even more new subscribers, though it remains to be seen whether that long-awaited LTE rollout can make much of a dent in its bottom line. Check out the press release in full, after the break.

Update: Listening in on the earnings call it's clear Sprint is really counting on the iPhone to help it run with the big dogs. According to some convoluted metaphor, the carrier is the Oakland A's in Moneyball and Apple's handset is A-Rod (who never spent a day with the Athletics... but we digress). Still, Sprint expects more loyalty and bigger profits from customers who choose the iPhone -- at least for the next four years, after which it'll have to negotiate a new deal with the Cupertino crew.

Update 2: Sprint also clarified that, in addition to its deal with LightSquared, it will be working with Clearwire to deliver LTE network coverage. The carrier has reached a preliminary agreement with its WiMAX partner, but expects to announce a wholesale deal soon.

Update 3: We already knew that the iPhone 4S launch was the company's best launch ever for a family, but now the company's confirming that it was its best launch ever for any device.

Continue reading Sprint announces Q3 earnings: net subs reach five year high, net losses at $300 million

Sprint announces Q3 earnings: net subs reach five year high, net losses at $300 million originally appeared on Engadget on Wed, 26 Oct 2011 07:44:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011breaking newsbusinesscarrierdan hesseDanHesseearningsfinancefinancialfinancialslossesLTEmobilepostcrossOverland ParkOverlandParkpostpaidprepaidprofitq3q3 2011Q32011quarterlyquarterly earningsQuarterlyEarningsrevenuesprintsubscribersubscriberswirelessWed, 26 Oct 2011 07:44:00 EST<![CDATA[Amazon focusing on 'lifetime' Kindle revenue, anticipating record device sales for Q4]]>http://www.engadget.com/2011/10/25/amazon-focusing-on-lifetime-kindle-revenue-anticipating-recor/http://www.engadget.com/2011/10/25/amazon-focusing-on-lifetime-kindle-revenue-anticipating-recor/http://www.engadget.com/2011/10/25/amazon-focusing-on-lifetime-kindle-revenue-anticipating-recor/#comments Today's Amazon earnings were decidedly split -- the company revealed both a 44-percent increase in net sales and a 73-percent decrease in net income. So, why the discrepancy? It may at least partially be due to the much discussed suggestion that the company actually loses money for each Kindle sold -- a trend which, if true, has likely only been compounded by the release of the uber-cheap ad-supported version of the device. The company addressed the matter in part, suggesting that it is focused on "the lifetime value [of the Kindle], not just the economics of the devices and accessories." The total economic picture of the Kindle includes the device itself, accessories, downloaded content and ad-revenue.

Things are apparently looking up for the company, as well, with Amazon anticipating "a record quarter in terms of device sales" for Q4. The positivity is a reflection, in part, of greater than anticipated Kindle pre-orders. Says CEO Jeff Bezos, "In the three weeks since launch, orders for electronic ink Kindles are double the previous launch. And based on what we're seeing with Kindle Fire pre-orders, we're increasing capacity and building millions more than we'd already planned."

Amazon focusing on 'lifetime' Kindle revenue, anticipating record device sales for Q4 originally appeared on Engadget on Tue, 25 Oct 2011 17:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>2011amazonamazon kindleAmazonKindleearningsfinancialfinancial resultsFinancialResultsfinancialskindlekindle fireKindleFireQ3q3 2011Q32011quarterlyquarterly earningsQuarterlyEarningsTue, 25 Oct 2011 17:45:00 EST<![CDATA[Amazon net sales up, net income down for Q3 2011]]>http://www.engadget.com/2011/10/25/amazon-net-sales-up-net-income-down-for-q3-2011/http://www.engadget.com/2011/10/25/amazon-net-sales-up-net-income-down-for-q3-2011/http://www.engadget.com/2011/10/25/amazon-net-sales-up-net-income-down-for-q3-2011/#comments
Amazon pulled back the financial curtain for Q3 2011, revealing $10.88 billion in net sales for the quarter, a 44 percent jump over this time last year. Net income, on the other hand, decreased 73 percent year over year, down to $63 million. The quarter also saw the company's "biggest order day ever for Kindle," according to CEO Jeff Bezos -- September 28th, the introduction of three new reader devices from the company. The company's Q4 report will likely be affected by the coming launch of the Kindle Touch and the long-awaited Fire tablet.

Continue reading Amazon net sales up, net income down for Q3 2011

Amazon net sales up, net income down for Q3 2011 originally appeared on Engadget on Tue, 25 Oct 2011 16:30:00 EST. Please see our terms for use of feeds.

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