AMD collects half a billion in Q1 profit, Fusion APUs now account for half of its laptop shipments

AMD’s net income for the past quarter was $510 million, generated from $1.61 billion in total revenues. That should make happy reading for a company that’s been raising similar gross revenues previously but finding itself losing cash — though the more intriguing figures are a little deeper in its latest disclosure. CFO and interim CEO Thomas Seifert has noted that AMD “tripled” its Fusion APU shipments relative to last quarter — meaning that at least 3.9 million units have made their way out to OEM partners in Q1 — which now account for “roughly half” of the company’s notebook shipments. In less upbeat news, average selling prices in both the microprocessor and graphics divisions were down sequentially, with AMD having to react to pressure from its traditional foes Intel and NVIDIA. You might surmise that with the mainstream Llano APU out and shipping to computer makers, AMD might have a happier second quarter, but the company’s guidance is for revenues to be flat or slightly down. A final note of pride is reserved for the Radeon HD 6490M and HD 6750M GPUs, which figured prominently in Apple’s latest MacBook Pro refresh and mark a bit of a coup for AMD, who’s now responsible for all of Apple’s discrete graphics across the MacBook Pro and iMac computing lines. Click the links below for even more intel on Advanced Micro Devices.

Continue reading AMD collects half a billion in Q1 profit, Fusion APUs now account for half of its laptop shipments

AMD collects half a billion in Q1 profit, Fusion APUs now account for half of its laptop shipments originally appeared on Engadget on Fri, 22 Apr 2011 06:48:00 EDT. Please see our terms for use of feeds.

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Nokia’s Q1 2011: smartphone share down to 26 percent, ‘more challenging’ times ahead

Nokia has just published its first quarterly results in the era of its Microsoft partnership and things aren’t looking too bright. Smartphone market share, which had been at 41 percent this time last year and 31 percent in January, has now dipped to 26 percent, while operating profits have taken a 17 percent tumble relative to last year. The company managed to ship one percent more phones in Q1 2011 than in Q1 2010, but its 108.5 million units was an 18 percent drop from last quarter’s totals. CEO Stephen Elop describes the first quarter as solid, but warns that the second will be “more challenging.” The impact of Japan’s disaster earlier in the year will be felt more strongly in Q2, we’re warned, with respect to component supply and logistics, while new products won’t figure too strongly as Nokia intends to “start shipping the majority of our new products in the second half of the year.” Elop is, however, encouraged by the “roadmap of mobile phones and Symbian smartphones” that Nokia has in store for 2011, which sounds good on the surface, but we’d be more comforted if he’d have inserted the words “Windows Phone” or “MeeGo” in that sentence too. Hit the links below to see the full financial details.

Nokia’s Q1 2011: smartphone share down to 26 percent, ‘more challenging’ times ahead originally appeared on Engadget on Thu, 21 Apr 2011 06:15:00 EDT. Please see our terms for use of feeds.

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Qualcomm reports record quarterly revenues, boasts 100th Snapdragon device

Qualcomm’s back again with yet another set of impressive numbers. For the second quarter of this fiscal year, the chip giant saw record earnings of $3.88 billion, up 46 percent from the same quarter in the previous year, and collected $999 million of sweet profit which is a 29 percent jump from last year. This is no doubt to do with the 70 percent increase in the MSM7000- and MSM8000-series Snapdragon shipments in this half of the fiscal year (compared to 2H 2010), and it should be noted that this quarter also saw the 100th Snapdragon-powered device announced by a Qualcomm client. Additionally, EVP Steve Mollenkopf reassured us that the recent events in Japan won’t have any significant impact on upcoming shipments, so the 30 Snapdragon tablets in the pipeline should arrive as scheduled. Excerpts from the financial report can be found after the break.

Continue reading Qualcomm reports record quarterly revenues, boasts 100th Snapdragon device

Qualcomm reports record quarterly revenues, boasts 100th Snapdragon device originally appeared on Engadget on Thu, 21 Apr 2011 04:50:00 EDT. Please see our terms for use of feeds.

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AT&T reports best-ever first quarter for smartphone sales with 5.5 million, 60 percent of them are iPhones

We’ve been waiting for this one, the first indicator of the mythical Verizon iPhone‘s impact on the fortunes of the formerly exclusive Applephone carrier, AT&T. As it turns out, business is rolling along as usual over on the blue team, where AT&T spent Q1 2011 activating a total of 3.6 million iPhones, a nice round million more than the same period last year. Also interesting is AT&T’s note that somewhere around 40 percent of its smartphone sales come from Android, BlackBerry and Windows Phone 7 devices, leaving the iPhone to account for the remaining 60-ish percent. Taken as a whole, that group totaled up 5.5 million sales in the quarter, a new best for AT&T in the first three months of the year, and the smartphone segment is now said to account for 46.2 percent of the company’s postpaid user base. Jump past the break for more details in AT&T’s press release.

Continue reading AT&T reports best-ever first quarter for smartphone sales with 5.5 million, 60 percent of them are iPhones

AT&T reports best-ever first quarter for smartphone sales with 5.5 million, 60 percent of them are iPhones originally appeared on Engadget on Wed, 20 Apr 2011 08:17:00 EDT. Please see our terms for use of feeds.

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Philips sells HDTV business to Hong Kong-based TPV Technology, will sate itself with royalty payments

Philips has been making teevees for over 80 years, but today its new CEO has announced that this storied history is coming to an end. Unable to generate a profit from its HDTV division — it lost the company €87 million in the first quarter — Philips will soon sell the majority stake in it to Hong Kong manufacturer TPV Technology, while retaining a 30 percent ownership share and agreeing guaranteed royalty payments of €50 million per year from 2013 onwards. It’s not a bad deal for the Dutch consumer electronics maker, whose bottom line for the first quarter was €137 million in the black, but would have been double that had the new arrangement been in place. All 4,000 Philips employees working under the HDTV umbrella will be transferred over to TPV, though the company says it doesn’t want the “market to misread that [it] intend to lay-off a lot of employees.” Which is not to say that it won’t. A video interview with Philips’ chief Frans van Houten discussing the change of direction can be found after the break.

Continue reading Philips sells HDTV business to Hong Kong-based TPV Technology, will sate itself with royalty payments

Philips sells HDTV business to Hong Kong-based TPV Technology, will sate itself with royalty payments originally appeared on Engadget on Mon, 18 Apr 2011 05:41:00 EDT. Please see our terms for use of feeds.

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Live from HTC’s April 12th event!

Alright, so the cat may already be out of the bag (thank you, Vodafone!), but HTC still has a swanky London venue booked for today and the show, as they say, must go on. What’s more, there’s no reason to believe the 4.3-inch HTC Sensation will be the only thing announced at today’s marquee event from the Taiwanese smartphone and tablet maker. More buddies for the Flyer, perhaps? Unlikely, but weirder things have happened. Join us after the break for a little bit of good old liveblog action.

Continue reading Live from HTC’s April 12th event!

Live from HTC’s April 12th event! originally appeared on Engadget on Tue, 12 Apr 2011 08:30:00 EDT. Please see our terms for use of feeds.

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HTC breaks its own sales and profit records, keeps riding the smartphone wave to success

Another quarter, another spectacular set of financial results for HTC. The once-small Taiwanese phone maker reports its net income for the first quarter of 2011 nearly tripled earnings in the same period of 2010, now totaling an impressive $513 million. Overall quarterly revenue was in the vicinity of $3.6 billion and the causes cited were, rather predictably, demand for Android smartphones and higher-speed internet connectivity (as provided by the likes of the EVO 4G and Thunderbolt). Guess now we know why the stock markets are loving HTC so much — the company just can’t stop growing!

[Thanks, Karan]

HTC breaks its own sales and profit records, keeps riding the smartphone wave to success originally appeared on Engadget on Fri, 08 Apr 2011 15:24:00 EDT. Please see our terms for use of feeds.

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Obama says federal fleet to run on alternative fuels starting in 2015

Chances are the Secret Service won’t be ditching its signature black SUVs for these things anytime soon, but if all goes according to President Obama’s new energy plan, even the Commander in Chief’s armed guards will be rolling more eco-friendly in the next three years. In a speech given at Georgetown University Wednesday, the President said he expects all government agencies “to purchase 100 percent alternative fuel, hybrid, or electric vehicles by 2015.” Now, that doesn’t mean they’ll have to get rid of pre-existing gas guzzlers, but any new purchases made after the cutoff date will be expected to comply — the government’s current fleet consists of 660,000 vehicles, 400,000 of which run on gasoline. Among other things, the President also called for increased infrastructure for the production of biofuels made from things like wood chips and switchgrass. So no, Cadillac One probably won’t be replaced by a rechargeable egg car, but if Uncle Sam’s taking suggestions, we’d be happy to make a recommendation — Wheego Whip LiFe One does have a nice ring to it. Doesn’t it?

Obama says federal fleet to run on alternative fuels starting in 2015 originally appeared on Engadget on Thu, 31 Mar 2011 11:01:00 EDT. Please see our terms for use of feeds.

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Earth Hour 2011 starts at 8:30PM your local time, wants you to switch off for a bit

In what has become an annual tradition now, the WWF’s Earth Hour is presently sweeping across the globe, getting people to switch off non-essential lights and appliances for a sixty-minute kindness to Ma Earth and her finite energy resources. All you’ll need to do to participate is power down the old World of Warcraft questing station, turn the TV off, and maybe take a walk outside so your lights don’t have to be on, starting at 8:30PM tonight. Half the world’s already done its bit and it’s now coming around to those in the UK, Portugal and Western African countries to do the same. Will you be part of it?

Continue reading Earth Hour 2011 starts at 8:30PM your local time, wants you to switch off for a bit

Earth Hour 2011 starts at 8:30PM your local time, wants you to switch off for a bit originally appeared on Engadget on Sat, 26 Mar 2011 16:15:00 EDT. Please see our terms for use of feeds.

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AMD’s quad-core Llano APUs pegged for Q3 2011 release, Computex unveiling

X-bit labs has a (pretty massive) scoop of AMD info to share with us this week, as it has put together the above chart detailing what it expects the company’s APU roadmap will look like for the remainder of the year. Published a couple of days ago, this data has now been partially corroborated by the snoops over at DigiTimes, who confirm a couple of the model names and agree that AMD is planning an initial Q3 rollout of five Llano chips, to be followed by even more processors coming in Q4 of 2011. Llano represents AMD’s play for the performance crown, coming as it does with dual- or quad-core processing units, DirectX 11-capable Radeon HD 6000-series graphics, and a dual-channel DDR3 memory controller, all bundled up inside the same warm and toasty package. More E-series APUs for power-conscious users are also said to be on the cards, and AMD itself should be making these plans official at Computex in Taipei come early June. It’s a bit of a wait, but we’ve got a feeling it’ll be worth it.

Continue reading AMD’s quad-core Llano APUs pegged for Q3 2011 release, Computex unveiling

AMD’s quad-core Llano APUs pegged for Q3 2011 release, Computex unveiling originally appeared on Engadget on Fri, 18 Mar 2011 07:06:00 EDT. Please see our terms for use of feeds.

Permalink   |  sourceX-bit labs, DigiTimes  | Email this | Comments