Nintendo sells 3.61 million 3DS handhelds, but sees 2010 net profit decline by 66 percent

It’s a “good news, bad news” kind of a day in Super Mario land, as Nintendo’s announcement of a Wii successor has been followed up with the delivery of the company’s financial results for fiscal year 2010, which don’t make for happy reading. Nintendo’s net sales of $12.4 billion for the period ending on March 31st 2011 was 29 percent less than it tallied during the previous year, while its $825 million of net profit was also a staggering 66 percent lower than it earned last year. The 3DS has sold well so far, reaching 3.61 million transactions worldwide, but the Wii is down to 15 million global sales, which marks a 25 percent contraction from its FY2009 total of 20 million. So the impetus for a hardware refresh of the Wii is clearly there, now it’s just a matter of waiting for E3 to find out exactly how Nintendo plans to go about it.

Nintendo sells 3.61 million 3DS handhelds, but sees 2010 net profit decline by 66 percent originally appeared on Engadget on Mon, 25 Apr 2011 04:53:00 EDT. Please see our terms for use of feeds.

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‘Hummer’ handsets now account for 24 percent of US smartphone sales, prove Steve Jobs wrong

Remember when Steve Jobs had a dig at Apple’s mobile competition and proclaimed that “no one” would buy their Hummer-like 4-inch-plus smartphones? Well, going by the latest NPD data, that group of “no ones” among US smartphone consumers is now a meaty 24 percent. Separating handsets into screen categories of 3.4 inches and below, 3.5 to 3.9 inches, and those above 4 inches, the stat mavens discovered that the midrange is holding steady, but smaller-screened devices are starting to lose out to their jumbo-sized brethren. No prizes for guessing that Android-powered devices were behind that big sales increase, with the HTC EVO 4G and Motorola Droid X leading the way, followed by Samsung’s multivariate Galaxy S range. Now, care to tell us more about our mobile future, Steve?

[Thanks, Skylar]

Disclaimer: NPD’s Ross Rubin is a contributor to Engadget.

Continue reading ‘Hummer’ handsets now account for 24 percent of US smartphone sales, prove Steve Jobs wrong

‘Hummer’ handsets now account for 24 percent of US smartphone sales, prove Steve Jobs wrong originally appeared on Engadget on Tue, 22 Mar 2011 09:37:00 EDT. Please see our terms for use of feeds.

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Reminder: You can still vote for the 2010 Engadget awards!

Guys, the Engadget Awards are still open — so hit up this link right here and get to voting.

Votes will be tallied until Monday February 20th, 11:59PM EDT.

Hit up the link right here to vote. No cheating. We can see you.

Reminder: You can still vote for the 2010 Engadget awards! originally appeared on Engadget on Thu, 17 Feb 2011 13:21:00 EDT. Please see our terms for use of feeds.

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Reminder: Vote for the 2010 Engadget Awards!

The nominations are in, the picks have been sorted, and now it’s time for you, the reader, to help us judge the best in tech from 2010! We’ve put together a long, long list of the top selections below — all we ask is that you cast your vote for the gadgets nearest and dearest to your hearts.

Votes will be tallied until Monday February 20th, 11:59PM EDT.

Hit up the link right here to vote. No cheating. We can see you.

Reminder: Vote for the 2010 Engadget Awards! originally appeared on Engadget on Mon, 14 Feb 2011 14:10:00 EDT. Please see our terms for use of feeds.

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Canalys: Android overtakes Symbian as world’s best-selling smartphone platform in Q4 2010

One day somebody will write a book called “The rise and rise of Android” and this moment will be highlighted in bold. Canalys’ latest smartphone sales figures show that Android phone makers managed to shift a cool 33.3 million handsets in the last quarter — more than any other smartphone platform out there, including the previous leader, Symbian, which sold 31 million units. That’s a mighty leap from the 20.3 million Android devices the stats agency estimates were sold in Q3 2010. Symbian itself grew from 29.9m in Q3 to 31m in Q4, but Android’s pace of expansion has been so rapid as to make that irrelevant.

Update: NPD’s numbers are in as well, indicating that Google now has a 53 percent share in the US market, while Windows Phone 7 has managed to nab only two percent so far.

Continue reading Canalys: Android overtakes Symbian as world’s best-selling smartphone platform in Q4 2010

Canalys: Android overtakes Symbian as world’s best-selling smartphone platform in Q4 2010 originally appeared on Engadget on Mon, 31 Jan 2011 05:35:00 EDT. Please see our terms for use of feeds.

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IDC: ZTE takes fourth in global cellphone rankings, leapfrogs Apple and knocks RIM out of top 5

IDC: ZTE takes fourth in global cellphone rankings, leapfrogs Apple and knocks RIM out of top 5

You like numbers? Good, because it’s the season and amid all these lovely financial reports we’ve been hitting there are some broader trends to look at. IDC has released its mobile phone report for 2010 and has concluded that, worldwide, the industry grew 18.5 percent over 2009, shipping a massive 1.39 billion units. That’s nice and all, but check out this bit about ZTE. The manufacturer boosted its annual shipments by 94 percent, stealing Apple’s recently-won fourth place position globally and, in doing so, knocking RIM straight into the dreaded “others” category. Can RIM make it back? Will Apple recover? Will Siobhan and Lucky ever reconcile their differences? Tune in next quarter to find out.

IDC: ZTE takes fourth in global cellphone rankings, leapfrogs Apple and knocks RIM out of top 5 originally appeared on Engadget on Fri, 28 Jan 2011 10:54:00 EDT. Please see our terms for use of feeds.

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Samsung Tabulates 2 million slates, 80 million phones sold in Q4 2010, breaks revenue records

Score one for Samsung in its eternal struggle against South Korean nemesis LG. Whereas the Life’s Good crew were licking their Q4 2010 wounds yesterday, Samsung’s had the pleasure of announcing that the final quarter of last year helped it bust through all its previous fiscal records: total revenue ($139b), net income ($14b), and operating profit ($15.5b) all reached all-time highs. The fourth quarter’s contribution was $2.7b in operating profit, 80.7 million mobile devices sold, 12.72 million flat panel TVs shipped, and two million Galaxy Tabs distributed to Android lovers yearning for some Froyo. That last number’s pretty important as it shows the Tab’s sales have almost doubled over the last month of the quarter — it reached one million sales in early December — indicating that there is indeed a hunger for slate-based computing. Oh, and if you’re wondering what Samsung’s planning for the future, there’s a reminder that a device with a Super AMOLED Plus screen and a dual-core processor is coming to replace the Galaxy S in the first half of 2011. Good to know.

[Thanks, Tascien]

Continue reading Samsung Tabulates 2 million slates, 80 million phones sold in Q4 2010, breaks revenue records

Samsung Tabulates 2 million slates, 80 million phones sold in Q4 2010, breaks revenue records originally appeared on Engadget on Fri, 28 Jan 2011 06:59:00 EDT. Please see our terms for use of feeds.

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Amazon celebrates its first ‘$10 billion quarter’ in sales, finds Kindle books overtaking paperbacks

July 19, 2010 marked the day that Amazon’s digital book sales eclipsed the sales of hardcover books, and it barely took half a year for those e-book sales to also overtake the sales of paperbacks. According to the ouftit’s latest earnings release, “Kindle books have now overtaken paperback books as the most popular format on Amazon.com.” The company had surmised that this would happen by Q2 of this year, but it clearly went down a lot earlier than even it expected. Bezos and co. also sold through $12.95 billion worth of goods, representing The Jungle’s first “$10 billion quarter.” That came up to $416 million in net income, representing an eight percent uptick year-over-year. Of note, operating income slipped from $476 million in Q4 2009 to $474 million this year, with the unfavorable impact from year-over-year changes in foreign exchange rates generating a staggering $18 million hit.

When looking at 2010 as a whole, Amazon’s sales were up 40 percent over 2009, with operating income rising some 25 percent to $1.41 billion compared to the whole of 2009. Speaking specifically of the Kindle, the company is now moving 115 Kindle books for every 100 paperbacks sold, but this obviously only takes into account the US book business. We’re still no closer to finding out exactly how many Kindles have been moved, but we’re told that “millions” of the third-gen model were moved in Q4 2010, and the Kindle Storeitself has over 810,000 books on its digital shelves. Head on past the break if you’re thirsty for more, Sir Economist.

Continue reading Amazon celebrates its first ‘$10 billion quarter’ in sales, finds Kindle books overtaking paperbacks

Amazon celebrates its first ‘$10 billion quarter’ in sales, finds Kindle books overtaking paperbacks originally appeared on Engadget on Thu, 27 Jan 2011 16:58:00 EDT. Please see our terms for use of feeds.

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LG posts Q4 results, 2010 profit down 93 percent, cellphone sales down 15 percent

LG post Q4 results, 2010 profit down 93 percent, cellphone sales down 15 percent

Nokia isn’t the only one with bad news today. LG has posted its Q4 results and is taking this time to look back on what can only be described as a dismal 2010 overall. Fourth-quarter revenues were up 9.4 percent over the third quarter, but still resulted in a 246.4 billion won loss — that’s about $226.3 million. LG Home Entertainment sales were actually up almost 16 percent but still posted a loss thanks to cut prices and stiff competition. LG Mobile, meanwhile, saw an eight percent increase in sales over previous quarter, thanks to “strong” performance of phones like the Optimus One, but compared to 2009 sales are down 14.7 percent, a 15.2 percent drop for handsets alone. Looking for some cooler news? Air conditioning sales are up 50 percent!

LG posts Q4 results, 2010 profit down 93 percent, cellphone sales down 15 percent originally appeared on Engadget on Thu, 27 Jan 2011 09:43:00 EDT. Please see our terms for use of feeds.

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Qualcomm has best quarter ever, teases a host of Snapdragon tablets

If you’ve got a speedy Snapdragon in your smartphone, Qualcomm’s the one to thank — but considering the raw earnings figures shared yesterday, your dollars have applauded the firm enough already. Qualcomm reported record earnings of $3.35 billion for its first fiscal quarter of the year, up 25 percent since Q1 2010, and it raked in a nice fat $1.17 billion of that in profit, 39 percent more than last year. That’s thanks to shipping 118 million of those Mobile Station Modem (MSM) chips that power mobile devices, as well as other ventures, and the company expects revenues to continue their upward bent as 2011 progresses — thanks to new devices on the way.

Qualcomm EVP Steve Mollenkopf told investors that “we currently have more than 150 Snapdragon devices in development, including more than 20 tablets,” and that the dual-core 1.2GHz MSM8660 in particular was picking up steam, with over 60 devices slated to use the dual-mode chipset with HSPA+ and EV-DO Rev. B. What of a groundbreaking deal with Apple to power new iPhones and iPads? CEO Paul Jacobs wouldn’t say: “We’re happy to see the Verizon iPhone announcement since it’s been the subject of intense speculation, but we have no other comments on that topic.” Guess we’ll have to wait and see.

Qualcomm has best quarter ever, teases a host of Snapdragon tablets originally appeared on Engadget on Thu, 27 Jan 2011 07:35:00 EDT. Please see our terms for use of feeds.

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