Facebook’s reversal of fortunes in such a short span of time has played
out almost like a modern-day morality tale. The fall-out of the social
network post-IPO, after such an enthusiastic build-up was telling. While it lined the
pockets of some (namely investment bankers), it deprived the 99
Percenters (or Dumb F*cks
as Zuckerberg so adroitly labeled them back in 2004) full-disclosure,
resulting in a subsequent short-fall on their FB investment.
FCC restarts review clock for AT&T’s spectrum purchase, gives itself 180 days originally appeared on Engadget on Mon, 12 Dec 2011 12:41:00 EDT. Please see our terms for use of feeds.
ST-Ericsson’s NovaThor to power Nokia’s Windows Phone devices, loosens Qualcomm’s grip originally appeared on Engadget on Wed, 02 Nov 2011 05:43:00 EDT. Please see our terms for use of feeds.
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The quarterly earnings stats just keep rolling in today — this time, from Lenovo, which has just posted yet another stellar report. According to the company, profits for the second quarter of this year reached $145 million, marking an 89 percent increase over the same period last year. Consolidated sales, meanwhile, rose by 35.8 percent to a record $7.8 billion, giving Lenovo a worldwide quarterly market share of 13.5 percent, also its highest ever. Laptops, not surprisingly, were at the forefront of this surge, accounting for 57.5 percent of the company’s total revenue, with PC shipments rising 35.4 percent over the year. Lenovo also saw a 25.4 percent increase in shipments to China, as well as a 54.5 percent year-over-year increase in shipments to mature markets, including Western Europe and the US. For more statistical delights, check out the full PR, after the break.
Continue reading Lenovo posts Q2 earnings, sees increase in profits, shipments and market share
Lenovo posts Q2 earnings, sees increase in profits, shipments and market share originally appeared on Engadget on Wed, 02 Nov 2011 04:56:00 EDT. Please see our terms for use of feeds.
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Sony posts $350 million loss in Q2 earnings report, forecasts full-year loss originally appeared on Engadget on Wed, 02 Nov 2011 04:13:00 EDT. Please see our terms for use of feeds.
Continue reading Amazon, Netflix ink licensing deals with ABC, add new content for you to munch on
Amazon, Netflix ink licensing deals with ABC, add new content for you to munch on originally appeared on Engadget on Tue, 01 Nov 2011 04:27:00 EDT. Please see our terms for use of feeds.
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Boo! No, that’s not your doorbell ringing again, that’s HTC popping out of nowhere in order to toss a Nah-nah-nah-boo-boo in the direction of Samsung and Apple. Just days after Strategy Analytics published a global smartphone shipment report for Q3 2011, Canalys — another formidable name in the sector — has pushed out a report of its own. Not surprisingly, the global figures line up almost precisely with what we’d already heard, with Samsung’s Q3 numbers rising above those from Apple, Nokia and the rest of the industry. The difference here, however, is the focal point on the US of A. Here in the States, Taiwan’s own HTC is pulling rank; the aforesaid handset maker edged out Apple and Samsung by shipping 5.7 million smartphones.
All told, it owned “around a quarter of the market,” with Samsung (4.9 million) claiming the second spot and Apple (4.6 million) pulling in for the bronze. Conspicuously absent from the leader board? RIM, which saw its volume decline 58 percent from a year ago and its US market share sink from 24 percent in Q3 2010 to just 9 percent this quarter. Our take? HTC (and Samsung, from a global perspective) best enjoy it while the quarter lasts — as soon as the iPhone 4S and Nokia’s spate of Windows Phone devices start figuring in, we’re guessing that the top spots will be completely up for grabs all over again.
Continue reading Canalys: HTC nips Apple, Samsung to become top smartphone vendor in US for Q3 2011
Canalys: HTC nips Apple, Samsung to become top smartphone vendor in US for Q3 2011 originally appeared on Engadget on Mon, 31 Oct 2011 18:14:00 EDT. Please see our terms for use of feeds.
It’s safe to say that Q3 2011 probably won’t be remembered as Cablevision‘s finest. According to the provider’s latest earnings report, profits declined by a full 65 percent over the year, with net income plunging to $39.3 million this quarter, compared with the $112.1 million it raked in during the third quarter of 2010. The company also reported a loss of 19,000 video subscribers during Q3, though it added 17,000 broadband customers and 38,000 telephone subscribers. Total customers, however, declined by 15,000 over the past three months. Revenue, meanwhile, increased by eight percent to $1.7 billion, though the New York-area operator lost about $16 million to Hurricane Irene — not to mention all those legal fees. Smell that? That’s a big platter of PR, sitting right there after the break.
Cablevision reports Q3 earnings, sees profit fall by 65 percent, drop in video subscribers originally appeared on Engadget on Mon, 31 Oct 2011 07:01:00 EDT. Please see our terms for use of feeds.
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Hon Hai sees profit fall nine percent in Q3, pins hopes on new Chinese factories originally appeared on Engadget on Mon, 31 Oct 2011 05:26:00 EDT. Please see our terms for use of feeds.
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HTC releases Q3 earnings report: profit up 68 percent, shipments soar 93 percent originally appeared on Engadget on Mon, 31 Oct 2011 04:39:00 EDT. Please see our terms for use of feeds.
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