Tag Archives: q1 2012

T-Mobile reports customer growth for Q1 2012, tries not to think about Q4 2011

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T-Mobile reports customer growth for Q1 2012, tries not to think about Q4 2011

T-Mobile USA took a bit of a hit back in Q4, following its failed merger with Ma Bell, but things are looking up for the magenta network. It still took a 2.8 percent hit in terms of raw revenues, taking in $5 billion including service and equipment sales, but it's still proud to report a net growth of 187,000 customers and diminishing reports of customer losses when compared to previous quarters. T-Mobile's branded net customer loss of 510,000 marks a 28-percent improvement over its 706,000 Q4 loss, and is bolstered by a 13 percent increase in prepaid customers, totaling 249,000. The firm blames its previous quarter contract losses on the widespread availability of the iPhone 4S on its competitors' networks. It's also assuring investors that its lauded 4G rollout is still underway, and noted that it has signed agreements with Ericsson and Nokia Siemens Network to upgrade 37,000 cell sites with LTE hardware over the next two years. The company hopes a brand relaunch (and the availability of handsets like the Galaxy S Blaze 4G, Nokia Lumia 710, and HTC One S) will drive customers to the high-speed network as it fills out over 2012 and 2013. Hit the break for all of the financially riveting details.

Continue reading T-Mobile reports customer growth for Q1 2012, tries not to think about Q4 2011

T-Mobile reports customer growth for Q1 2012, tries not to think about Q4 2011 originally appeared on Engadget on Thu, 10 May 2012 02:46:00 EDT. Please see our terms for use of feeds.

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

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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 EDT. Please see our terms for use of feeds.

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IDC: Apple makes big gains in tablet market, Android stumbles

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Research firm IDC predicted there would be a steep drop off in tablet shipments during Q1 of 2012. Following the surge of sales during the holiday season, a fall of 34 percent, while certainly staggering, is hardly surprising. But there's bad news: shipments failed to meet even those bleak predictions. Shipments fell by 38.4 percent, thanks in large part to Android slates stumbling dramatically. After a reasonably impressive holiday season, IDC expected Android would continue to make inroads in the market. Instead, the number of units moved dropped drastically, allowing Apple to not just maintain its position at the top of the heap, but assert an unquestionable dominance not seen since the early days of Honeycomb. After accounting for 54.7 percent of all tablet shipments in Q4 of 2011, the iPad opened up an impressive lead, claiming 68 percent of the market in Q1 of 2012. What's more, after catapulting to the number two spot by shipping 4.8 million units at the end of last year, Amazon fell to number three -- accounting for only 4 percent of tablets shipped, a precipitous fall from 16.8 percent last quarter. That's good news for Samsung, however, which reclaimed its place as first runner up slate wars. For more, check out the PR after the break.

Continue reading IDC: Apple makes big gains in tablet market, Android stumbles

IDC: Apple makes big gains in tablet market, Android stumbles originally appeared on Engadget on Thu, 03 May 2012 12:21:00 EDT. Please see our terms for use of feeds.

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Motorola Mobility loses $86 million in Q1, device shipments way down

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Motorola Mobility loses $86 million in Q1, device shipments way down

Well, the first quarter of 2012 is officially over Motorola Mobility, and the financial news is rather sobering for the company. While revenues were up, the climb was modest, to just $3.1 billion. And that small bump in incoming cash was not enough to stave off another quarter of loses. In fact, after losing $80 million in Q4 of 2011, Moto lost $86 million in Q1 of 2012. The company continued to bleed cash in large part because shipments of mobile devices dropped off dramatically. Only 8.9 million devices were shipped in the quarter, down from 10.5 million in the last part of 2011. With 5.1 million of those being smartphones however, the phone division did manage to increase revenues by three percent. The one bright spot was the home segment which, thanks to its home gateways and broadcast goods, managed to make (that's right, not lose) $68 million, up from $53 million a year ago. For more numbers and charts check out the source link.

Continue reading Motorola Mobility loses $86 million in Q1, device shipments way down

Motorola Mobility loses $86 million in Q1, device shipments way down originally appeared on Engadget on Tue, 01 May 2012 16:47:00 EDT. Please see our terms for use of feeds.

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IDC crowns Samsung the biggest phone maker by shipments for Q1 2012

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Research firm IDC is reporting that Nokia has been dethroned as the world's biggest phone maker by Samsung. In the first quarter of the year, Samsung shipped 98.3 million mobile phones, with Nokia and Apple in second and third place. In the smartphone-only charts, the Korean company shipped 42.2 million of its Android and Windows Phone handsets, while Cupertino shipped 35.1 million and Nokia shipped a paltry-by-comparison 11.9 million.

Samsung, Apple and companies outside the top 5 all made big gains in the smartphone space, while Nokia, RIM and HTC all felt their numbers drop. Unsurprisingly, companies with big stakes in dumb phones suffered, with Nokia and LG losing big chunks of their market share to the big two and stalking horse ZTE, which has bested LG for fourth place. After the break, we've got the official tallies that you can pore over.

Continue reading IDC crowns Samsung the biggest phone maker by shipments for Q1 2012

IDC crowns Samsung the biggest phone maker by shipments for Q1 2012 originally appeared on Engadget on Tue, 01 May 2012 05:07:00 EDT. Please see our terms for use of feeds.

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Mobile Miscellany: week of April 23rd, 2012

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Mobile Miscellany: week of April 23rd, 2012

Not all mobile news is destined for the front page, but if you're like us and really want to know what's going on, then you've come to the right place. This past week, we learned that ZTE intends to release a phablet of its own, and Samsung unseated Nokia as the world's largest supplier of mobile phones. These stories and more await after the break. So buy the ticket and take the ride as we explore the "best of the rest" for this week of April 23rd, 2012.

Continue reading Mobile Miscellany: week of April 23rd, 2012

Mobile Miscellany: week of April 23rd, 2012 originally appeared on Engadget on Sat, 28 Apr 2012 22:35:00 EDT. Please see our terms for use of feeds.

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Canon reports slightly higher profits in Q1, teases new compact cameras on the way

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Canon reports slightly higher profits in Q1, teases new compact cameras on the way

Canon reported its Q1 2012 earnings this week, and things certainly appear to have gone better than the last time we checked in when it replaced the company president. While revenue declined slightly, net profit reached 61.54 billion yen ($766 million), up 11 percent from a year ago. There's no executive moves to report, however on the earnings call executive VP and CFO Toshizo Tanaka noted a unit sales increase of 30 percent for SLR cameras including the new EOS 5D Mark III as well as the cheaper T3i, Mark II and 60D models, combined with strong sales for WiFi-connected point-and-shoots. As far as new products, while its new cinema cameras got a glancing mention the plan this year includes compact cameras "offering the image qualities that approaches SLR cameras", with improved design and network connectivity features. All the numbers and earnings call talk are in black and white at the links below, although we prefer to spend our time speculating about the future of mirrorless cameras.

Canon reports slightly higher profits in Q1, teases new compact cameras on the way originally appeared on Engadget on Sat, 28 Apr 2012 05:11:00 EDT. Please see our terms for use of feeds.

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Samsung’s Q1 2012 profits nearly double year-over-year on higher margins for TVs and phones

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Samsung's Q1 2012 profits nearly double year-over-year on higher margins for TVs and phones

The numbers for Samsung's first quarter of 2012 are in and as it expected they are up sharply over the same period from 2011. After predicting profits of 5.8 trillion won it managed to top that, notching an operating profit of 5.85 trillion won ($5.16 billion US) for the quarter, a 98 percent gain over a year ago. Phones accounted for 73 percent of the profit, contributing 4.27 trillion won to the bottom line. As the world awaits the debut of what we assume will be the Samsung Galaxy S III May 3rd powered by its Exynos 4 Quad CPU, there's clearly no shortage of demand for the Galaxy S II and Note. Sales of chips and TVs decreased from last quarter, but like its competitor LG, growing sales of high res tablet panels (we wonder which one that might be), 3DTVs and OLEDs increased profitability. Specifically, the high end 7000/8000 series of HDTVs increased sales by 50 percent from last year, while the company plans to focus on "region-specific" LED models for emerging markets, and high end (and high priced) flat-panels for developed markets.

We're listening in to the earnings call at the moment, and we'll let you know if there's any other details that come out of what is mostly boring numbers talk. So far it's all pretty businessy, although in response to a question executives did confirm that they expect the Galaxy S III and Galaxy Note to occupy different segments in terms of size. So there you have it -- the Galaxy S III will (shockingly) not have a 5.3-inch screen. Also, it predictably is trying to continue the trend of global launches, although that hardly puts to rest the issue of how long we may end up waiting for carrier-specific versions here in the US. Check out the rest of Samsung's details in a press release and a few slides from the report embedded after the break.

Continue reading Samsung's Q1 2012 profits nearly double year-over-year on higher margins for TVs and phones

Samsung's Q1 2012 profits nearly double year-over-year on higher margins for TVs and phones originally appeared on Engadget on Thu, 26 Apr 2012 20:20:00 EDT. Please see our terms for use of feeds.

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Amazon’s Q1 2012 earnings: net income down 35 percent to $130 million, net sales at $13.18 billion

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It's no Apple-sized quarter, but you'd need to be on HGTV's Million Dollar Rooms a handful of times over to scoff at Amazon's Q1 2012 earnings. After reporting $177 million in net earnings last quarter (on $17.43 billion in revenue), the online sales behemoth has today registered $13.18 billion in net sales -- proudly reporting that said tally was up from the $9.86 billion in its Q1 a year ago. Excluding the $56 million unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales would have grown 34 percent compared with first quarter 2011. As for operating income? That checked in at $192 million (compared to $322 million Q1 2011), with the outfit noting that the "unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter on operating income was $4 million." Net income also sank 35 percent from $201 million a year ago, but it still left Amazon with $130 million more in the bank than it had just three months ago.

It's important to note that the outfit didn't have "the holidays" here to help out, but it's still a bit worrisome to investors when profit margin shrinks. Focusing on more positive things, CEO Jeff Bezos noted that Amazon has "over 130,000 new, in-copyright books that are exclusive to the Kindle Store," again reminding the world that Amazon Prime members can "borrow them for free with no due dates." We're also told that the Kindle Fire remains the top, most gifted and most wished for product across its entire store, while pointing out that the North American sales segment was up 36 percent from Q1 2011 (reaching $7.43 billion). Our overseas comrades -- specifically, Amazon's UK, German, Japanese, French, Chinese, Italian and Spanish sites -- accounted for $5.76 billion in sales, up 31 percent year-over-year. Worldwide media sales saw a 19 percent uptick to $4.71 billion, while global electronics and "other merchandise" saw sales grow a whopping 43 percent to $7.97 billion. Notably, the company continually banged on unfavorable exchange rates, so if you're looking for a place to heap blame... well, there you go.

Continue reading Amazon's Q1 2012 earnings: net income down 35 percent to $130 million, net sales at $13.18 billion

Amazon's Q1 2012 earnings: net income down 35 percent to $130 million, net sales at $13.18 billion originally appeared on Engadget on Thu, 26 Apr 2012 16:36:00 EDT. Please see our terms for use of feeds.

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MetroPCS announces Q1 2012 results: total revenues up, new subscriber growth shrinks

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MetroPCS announces Q1 2012 results: total revenues up, new subscriber growth shrinks

Regional network MetroPCS has announced total revenues of approximately $1.3 billion for Q1 2012, up from $1.2 billion in the last quarter and up seven percent from the same period in 2011. Users on contract now total 9.5 million, with 16 percent of them making the move across to a smartphone. Net income has, however, dropped 63 percent since Q1 2011, with cost per user up 16 percent compared the same period last year. MetroPCS puts down to "retention expense" and the roll-out of its 4G network. The fifth biggest US carrier added over 131,000 new subscribers, but growth continues to slide -- it's down from 190,000 in Q4 2012. On the positive side, users are creeping onto the carrier's 4G network, with 580,000 LTE subscribers nowmaking up six percent of its total subscription base -- regardless of those creeping costs for unlimited data.

Continue reading MetroPCS announces Q1 2012 results: total revenues up, new subscriber growth shrinks

MetroPCS announces Q1 2012 results: total revenues up, new subscriber growth shrinks originally appeared on Engadget on Thu, 26 Apr 2012 07:34:00 EDT. Please see our terms for use of feeds.

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