Lenovo sees $54.9 million net profit in Q1 earnings, hits double digits in global market share

Look out, world — Lenovo‘s on a serious tear, and it doesn’t look to be stopping anytime soon. In the company’s latest earnings report, it proudly announced its first-ever double digital market share of 10.2 percent. As if that milestone wasn’t enough to make upper management grin, the outfit also nailed down just under $55 million in net income (a pre-tax income of $75 million) on sales of $5.1 billion. This quarter also marks the third in a row that it has been the fastest growing of the top five PC makers, and the fifth consecutive quarter that it outgrew the industry. Specifically, the outfit’s PC shipments increased some 48.1 percent year-over-year, and consolidated sales for its fiscal Q1 saw an insane 49.6 percent uptick from last year. As of now, things are looking mighty rosy for Lenovo, and it just seems logical for the company to revive the Skylight in celebration. Who’s with us?

Lenovo sees $54.9 million net profit in Q1 earnings, hits double digits in global market share originally appeared on Engadget on Fri, 20 Aug 2010 10:27:00 EDT. Please see our terms for use of feeds.

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Tata bringing two all-electric cars to a Europe near you by March

First of all, don’t worry, the spontaneously combusting Nano isn’t among the pair of newly Euro-bound EVs from Tata. Going slightly more upmarket, the Indian company will be launching the Indica Vista EV hatchback for eco-conscious Brits and Scandinavians early next year, alongside the somewhat less exciting Ace, a commercial mini-truck. The Indica Vista has clearly had a few trials and tribulations in coming to market in an all-electric form, having originally been promised to Norwegian tree huggers for 2009, so let’s just hope that this schedule is the one that sticks. It’s about time this whole EV movement got some more affordable options.

Tata bringing two all-electric cars to a Europe near you by March originally appeared on Engadget on Mon, 16 Aug 2010 09:01:00 EDT. Please see our terms for use of feeds.

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Chevrolet bringing 10,000 Volts in 2011, but it’s the current of change that will kill you

Good news for all electric heads out there: “intense interest” in the Chevy Volt has led General Motors to expand its launch markets to now include Connecticut, New Jersey, New York, and Texas. They join California, Michigan and Washington DC, although only Austin in Texas and New York City will have the honor of retail Volts before 2010 is through; the rest of the new markets will get their fill in 2011. Though Chevy still hasn’t set down a final date and price for its electric car, late 2010 availability seems to mesh well with a November 1 rumor we heard earlier. Beyond this year, 10,000 units are planned to be built in 2011, with 30,000 more coming up in 2012. So it’s gonna be a pretty exclusive club however you look at it, now can we get a cheesy music video going for this car or what? Oh wait…

Continue reading Chevrolet bringing 10,000 Volts in 2011, but it’s the current of change that will kill you

Chevrolet bringing 10,000 Volts in 2011, but it’s the current of change that will kill you originally appeared on Engadget on Fri, 02 Jul 2010 07:36:00 EDT. Please see our terms for use of feeds.

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RIM sells 100 millionth BlackBerry, hints at two more devices in the near future

Say what you will about BlackBerrys — although with the Bold 9800 slider and OS 6, things might be looking up — Research in Motion is still doing strong in the pocketbooks. The company just released its first fiscal quarter 2011 results with revenue growth of 24 percent year-over-year, and here’s the rounded-number kicker: its 11.2 million shipments of smartphones this quarter has raised total shipments to over 100 million BlackBerrys. Quite a feat, but enough chit chat about the past — what does the future hold? In a conference call pertaining to the fiscal results, RIM alluded to two new devices shipping soon, with one for the summer and one closer to fall. We’d bet a pretty penny one of them is the aforementioned slider, but as for the second? Guess we’ll just wait and see.

RIM sells 100 millionth BlackBerry, hints at two more devices in the near future originally appeared on Engadget on Thu, 24 Jun 2010 19:15:00 EDT. Please see our terms for use of feeds.

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2011 Hyundai Equus to come with ‘multimedia tablet,’ learning tutorials from Video Professor

It’s certainly not the first time we’ve heard of an automobile shipping sans a paper-based user guide, but unlike those other guys who toss you a CD-R with a couple of PDFs on there, Hyundai is seriously upping the ante with its 2011 Equus. Revealed today over at the New York Auto Show, the company announced that the aforementioned vehicle would ship with an Equus Multimedia Tablet, enabling users to easily and quickly pull up a slew of information and diagrams about their new whip. The outfit’s US president John Krafcik didn’t specifically mention the brand or model of the tablet that’d be included, but the image shown to the crowd (and to you, above) certainly reeks of iPad. What’s even more interesting is that the tablet will be used as more than just an owner’s guide, but as an interface for handling “customer / dealer interactions like scheduling service appointments.” We suspect we’ll hear more about what kind of device will be included as the vehicle’s ship date nears, but if we were the betting kind, we’d say that a massive, undercover deal with Fusion Garage will put a JooJoo into each and every Equus owner’s hands. Kidding.

2011 Hyundai Equus to come with ‘multimedia tablet,’ learning tutorials from Video Professor originally appeared on Engadget on Thu, 01 Apr 2010 18:07:00 EST. Please see our terms for use of feeds.

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Verizon to blanket ‘one third’ of America with LTE this year, double coverage in 15 months

Remember when we heard that Verizon Wireless just might be able to bump its commercial LTE rollout to the first quarter of 2010? Man, talk about having our hopes and dreams dashed. Here at CTIA, we heard a few details on the company’s most up-to-date deployment plans, and it sounds like things are pretty well locked into place at this point. Tony Melone, the company’s Senior Vice President and CTO, seemed remarkably enthused that a bona fide LTE network would be launching “in the not too distant future,” and when pressed for specifics, he stated that they would launch “25 to 30 networks this year, covering one third of America by the end of 2010.” Beyond that, we’re looking at a footprint twice that size “15 months” after the initial rollout, and by the end of 2013, the company’s 4G coverage map will be the same size, “if not larger,” than its existing 3G map. Of course, the carrier insisted that they wouldn’t be abandoning 3G advancement while being fixated on 4G, noting that it was moving “fast and aggressively” on both fronts, with hopes that its LTE network would eventually eclipse even the 3G networks (in terms of coverage size) of competitors. Them’s bold words, VZW, and we’ll be carefully watching to see if that really does come to fruition.

Verizon to blanket ‘one third’ of America with LTE this year, double coverage in 15 months originally appeared on Engadget on Wed, 24 Mar 2010 15:54:00 EST. Please see our terms for use of feeds.

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Ford adding HOV logic, ability to download outside Mapquest destinations to 2011 NAV systems

Ford’s been keeping itself busy on the navigation front, and while you may have noticed that 2010 just began a few weeks ago (on the Gregorian calendar, anyway), 2011 model year vehicles are already on the minds of those in Dearborn. 2011 models with voice-activated navigation systems will be getting an update that brings along HOV logic, helping users who travel with a buddy to get from point A to point B more hastily if carpool lanes are nearby. Of course, only 2,500 miles of those blanket America, so a few other updates might be intriguing to those of you who are sane enough to live outside of the rat race. Branded POI icons, higher density street labeling and HD Radio will come standard on voice-controlled NAV systems, and potentially most interesting is the notion that “integration with SYNC Traffic, Directions and Information (TDI) app — enabling new features like the ability to download destinations sent from a home or work computer from Mapquest” — will hit later on in the year. Full release is after the break.

Continue reading Ford adding HOV logic, ability to download outside Mapquest destinations to 2011 NAV systems

Ford adding HOV logic, ability to download outside Mapquest destinations to 2011 NAV systems originally appeared on Engadget on Thu, 25 Feb 2010 00:00:00 EST. Please see our terms for use of feeds.

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MyFord Touch coming to 2011 Ford Focus

The 2010 Detroit Auto Show has just kicked off and Ford’s plans for the 2011 Focus have been made official. While others might care more about the 155bhp or new six-speed dual-clutch transmission, we’re best pleased by the inclusion of the MyFord touch control system. This setup was designed to drag the car dash into the modern touchscreen era, and our comprehensive hands-on revealed it to be a most impressive bit of tech. Two displays flank the analog speed gauge, but the pièce de résistance is an 8-inch, 800 x 480 optional screen landing in the center of the dash. Endued with a web browser, it’ll connect via 3G or 4G modems and concurrently act as a WiFi hotspot. Add in a bunch of forthcoming apps and compatibility with any Bluetooth device, and you’ve got a tech lover’s dream system. The next generation Focus should enter production near the end of 2010, giving us a full year to write a “vroom, vroom” app for our smartphones.

MyFord Touch coming to 2011 Ford Focus originally appeared on Engadget on Tue, 12 Jan 2010 04:31:00 EST. Please see our terms for use of feeds.

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Sony, IMAX & Discovery bringing 24/7 3D home first in 2011

Since it was one of the first to launch 24/7 HD broadcasting with Discovery HD Theater, it only makes sense Discovery is blazing the 3D path, helped along by Sony and IMAX. The bad news? This three way venture won’t be coming home until 2011, well after ESPN kicks off part time broadcasting and, in our opinion, leaving a wide window if a certain Dallas-based billionare wants to launch his own channel — we’re thinking “3DNet” could be a good name. C’mon Mark, you know you want to. Check the PR after the break for details, although there’s no word on which documentaries we’ll be seeing looped day after day (and, if our experience with HD Theater is any indication, will still be amazed by even the 50th time.)

Continue reading Sony, IMAX & Discovery bringing 24/7 3D home first in 2011

Sony, IMAX & Discovery bringing 24/7 3D home first in 2011 originally appeared on Engadget on Tue, 05 Jan 2010 17:08:00 EST. Please see our terms for use of feeds.

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Audi A8 MMI adds handwriting recognition to list of 2011 features

The A8’s Multi Media Interface (a fancy name for a nav unit with media player attached) is already a pretty sophisticated piece of tech, but Audi has opted against resting on those laurels and has pushed out a new feature for the luxury saloon’s next iteration. The 2011 A8 (available in Spring 2010 — crazy, we know) will benefit from the same handwriting recognition as promised for the next-gen R8, wherein the user is able to scribble his destination all John Hancock-like and then use the touchscreen to complete his instructions. With Cyrillic, Chinese, Japanese, and Korean character support, this could be a particular boon for gadget lovers of a more Eastern persuasion. And just in case you’re fretting that the rest of your gear won’t get as much love, there are further plans afoot for connecting the car via UMTS and distributing WiFi goodness to the devices inside it. The only thing this is missing is a Snoop Dogg voiceover for the ultimate in convergence tech. Video after the break.

Continue reading Audi A8 MMI adds handwriting recognition to list of 2011 features

Audi A8 MMI adds handwriting recognition to list of 2011 features originally appeared on Engadget on Wed, 02 Dec 2009 05:04:00 EST. Please see our terms for use of feeds.

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