Insert Coin: 2012’s top 10 crowd-funded projects

Insert Coin: 2012's top 10 crowd-funded projects

This trip around the sun has been a monumental one for crowdfunding, marked by big projects and astronomical numbers. Take Kickstarter wunderkind OUYA, for example, which raised more than $8.5 million in funding from 63,416 backers. Kickstarter itself has even grown and matured, expanding to the UK and putting its foot down when it comes to pitching hardware by requiring working prototypes and assessments of risks and challenges. Out of the 60 crowdfunding efforts that crossed our desks as Insert Coins in 2012, 47 were successfully funded, four still have time to rake in funds and nine fell short of their goals or were otherwise stymied. We’ve handpicked and placed the top 10 projects that won our hearts and, on occasion, our hard-earned scratch after the break.

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The Biggest Tech Disappointments of 2012

Lots of fun, good, and exciting things happened in our world this year. But there were still so many things that could’ve been truly great, but flopped. Broken promises. Awful gadgets. Here’s what broke Gizmodo’s heart in 2012. More »

The 9 Worst Tech Buzzwords of 2012

Technology is about making and using cool new things that enrich our lives. But technology is also about using idiotic, tired words that mean next to nothing, designed to confuse us into wasting money. Here are the year’s stupidest offenders. More »

Be Afraid: The Government Denies the World Is Ending on December 21st

According to many doomsday theories, the world is set to end on December 21st 2012. It seems so many people are worried about this that the United States government has gone so far as to officially deny the rumors on the USA.gov blog. Before we were pretty sure these theories were rubbish, but now that the government has denied the rumors we’re actually worried. Why would the government bother denying something so ridiculous… unless it was true? More »

T-Mobile USA Q3 2012 earnings: Revenue drops 6 percent to $4.9 billion, profit down 15 percent

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T-Mobile USA just announced its Q3 2012 financials, and its balance sheet is sagging over last year: the company collected $4.9 billion, 6.4 percent less than Q3 2011, and earned $1.2 billion, a decline of 15.2 percent. The mobile operator said while it earned more from equipment sales, it wasn’t enough to offset an 8.7 percent drop in service revenue caused by a loss of 492,000 lucrative postpaid clients. Despite the gloomy tidings, the telecom said it added 160,000 new users (net) over last quarter thanks in part to the iPhone 5 launch, including 365k branded prepaid customers — and improved “churn” (clients switching carriers) by 30 basis points to 2.3 percent. The company also feels its MetroPCS merger will also start to pay off soon, figuring it’ll soon have “LTE deployment in 90 percent of the top 25 US markets.” Whether the cheery talk will assuage investors remains to be seen — check the PR after the break to see for yourself.

[Image credit: Wikimedia Commons]

Continue reading T-Mobile USA Q3 2012 earnings: Revenue drops 6 percent to $4.9 billion, profit down 15 percent

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T-Mobile USA Q3 2012 earnings: Revenue drops 6 percent to $4.9 billion, profit down 15 percent originally appeared on Engadget on Thu, 08 Nov 2012 01:41:00 EDT. Please see our terms for use of feeds.

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US Cellular takes hit on LTE devices, profits halved to $35.5 million in Q3 2012

US Cellular takes hit on LTE devices, sees profits nearly halve in Q3 2012

US Cellular’s latest figures show that while the network saw its revenues remain constant, net profits fell by nearly half compared to the same period last year. It coined $35.5 million in net profit this quarter, down from the $62.1 million it made in Q3 2011 despite bringing in $1.04 billion in turnover both times. The cause of this reduced profitability is said to be down to higher subsidies on LTE devices, which represented a full 50 percent of the company’s smartphone sales in the quarter.

While the carrier has reversed the trend of losing customers, it only managed to add a rather measly 9,000 new customers in the three-month period. That could be part of the motivation behind US Cellular selling off a big chunk of its Midwestern operations to the now cash-rich Sprint — so it can concentrate on areas where business is stronger.

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US Cellular takes hit on LTE devices, profits halved to $35.5 million in Q3 2012 originally appeared on Engadget on Wed, 07 Nov 2012 07:59:00 EDT. Please see our terms for use of feeds.

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Toshiba Q2 results: profit of $722 million, whole-year forecast cut by $500 million

Toshiba Q2 results profit of $722 million, wholeyear forecast cut by $500 million

Toshiba has managed to pick itself up this quarter, recording $17.8 billion in sales, making for an operating profit of $722 million over the past three months. The “social infrastructure” segments recorded a healthy profit ($518 million), while income from digital products, home appliances and electronic devices fell due lower than expected demand. Forecasts for the year have been cut for the full year by approximately $500 million to $3.26 billion, as Toshiba expects lowers sales and operating profits due to the uncertain global economic situation. Individual segments are expected to continue their distinct trends, with the social infrastructure business pulling in more while its other arms bear the brunt of the economic slowdown.

[Image credit: Wikimedia Commons]

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Toshiba Q2 results: profit of $722 million, whole-year forecast cut by $500 million originally appeared on Engadget on Wed, 31 Oct 2012 04:30:00 EDT. Please see our terms for use of feeds.

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Clearwire sees wholesale revenues dip, LTE delays as it posts a $41.3 million net loss in Q3

Clearwire sees wholesale revenues dip, LTE delays as it posts a $413 million net loss

Clearwire’s figures show that the network it isn’t cool to love will be making placating faces at its bank manager for yet another quarter. It pulled in revenues of $313.9 million for the three month period, but with business costs (and depreciation) clocking in at $646.7 million, the company posted an operating loss of $332 million and a net loss of $41.3 million. If that wasn’t bad enough, it’s also hacked back a target to add TD-LTE to 5,000 sites before mid-2013 to just 2,000. A similar problem has occurred over at newly-minted majority owner Sprint, which has found itself a quarter behind its own LTE timetable thanks to parts shortages — so let’s hope the folks over at Softbank can help both companies improve their estimating skills.

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Clearwire sees wholesale revenues dip, LTE delays as it posts a $41.3 million net loss in Q3 originally appeared on Engadget on Fri, 26 Oct 2012 07:23:00 EDT. Please see our terms for use of feeds.

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IDC: Samsung and Apple still kings of the smartphone market, Nokia loses top five spot to RIM

IDC Samsung and Apple still kings of the smartphone market, Nokia loses top five spot to RIM

IDC’s third quarter figures are in, complete with a few unexpected shake-ups. The entire cellphone market grew 2.4% over the same time last year, but smartphones drove the majority of that, showing growth of 45.3% and beating the analysts’ expectations. Of the 179.7 million smartphones shipped, Samsung and Apple devices accounted for almost half of them, with the companies retaining their number one and two positions in the market, respectively. IDC notes that iPhone shipments didn’t increase, but this is somewhat expected given the latest iteration was released only a short time before the end of the quarter. What we find particularly interesting is that Nokia was ousted from the top five smartphone players and replaced by RIM. Whether Nokia’s upcoming Windows Phone 8 devices will put it back in contention remains to be seen, as does the effect BB10 and RIM’s new handsets will have on the market. ZTE finished fourth in the list thanks to increased sales in North America, with HTC rounding up the top five vendors with continued uptake of its power devices. With a bunch of new handsets coming to the table and the holiday season fast approaching, look out for even more surprises in the fourth quarter numbers, due early next year.

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IDC: Samsung and Apple still kings of the smartphone market, Nokia loses top five spot to RIM originally appeared on Engadget on Fri, 26 Oct 2012 03:56:00 EDT. Please see our terms for use of feeds.

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Amazon Q3 2012 earnings: $13.18 billion revenue, net loss of $274 million

Amazon announces Q3 2012 earnings

Amazon has just released its earnings for the third quarter of the year and it looks like it’s slightly off analysts’ expectations. The company reported $13.18 billion in revenue (a growth of 27 percent) and an operating loss of $28 million, with net income standing at a loss of $274 million. As Amazon notes, though, a chunk of that, some $169 million, comes from losses resulting from its investment in LivingSocial — it says the figure is “primarily attributable to its impairment charge of certain assets, including goodwill.” Expectedly, the company still isn’t offering any specific numbers for device sales, noting only that the Kindle Fire HD is the number one selling product across Amazon worldwide, and that the next two bestselling products worldwide are the Kindle Paperwhite and the $69 Kindle. As for its outlook for the next quarter, the company is expecting net sales of between $20.25 billion and $22.75 billion, and operating income of anywhere from a loss of $490 million to a profit of $310 million. You can find the company’s full breakdown of all the numbers at the link below.

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Amazon Q3 2012 earnings: $13.18 billion revenue, net loss of $274 million originally appeared on Engadget on Thu, 25 Oct 2012 16:07:00 EDT. Please see our terms for use of feeds.

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