Hasta La Gadget!

It goes without saying that HTC has been focusing on the top-tier phone market recently, with the release of the HTC One and HTC One mini, as well as the DROID DNA late last year. However, the company is wanting to focus more on releasing mid-tier devices, as the market in several countries has grown in that respect.

During the company’s Q2 earnings call, CEO Peter Chou said that HTC’s upcoming plans will “address some of our challenges of mid-tier product competitiveness.” Chou says that the company has suffered recently due to intense competition with flagship devices, but he thinks that focusing more on mid-tier products will get the company back on track.

Essentially, HTC is looking to diversify its lineup of products, and we’ve already seen evidence of that recently, with the unveiling of the Desire 500, which is the company’s newest low-tier smartphone that includes a 4.3-inch 800×480 display, with a quad-core Qualcomm Snapdragon 200 processor clocked at 1.2GHz and 1GB of RAM on the inside.

Aside from focusing on more mid-tier devices in the future, the company also wants to focus on more partnerships, and Chou notes that he hopes this will help HTC make a big statement in the mobile market once 2014 rolls around. Chou is also hoping to finish out the year on a high note, following what the company is predicting to be a poor third quarter.

HTC is expecting Q3 revenue in the range of $1.7 billion to $2 billion, which would be down from the previous quarter’s revenue of $2.35 billion. This would as much as a 30% drop in revenue. However, the company says that Q4 will be much better, but didn’t mention financial outlooks that far ahead yet.

VIA: The Next Web

SOURCE: HTC

HTC mid-tier devices planned with poor third quarter expected is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2013, SlashGear. All right reserved.

The retail game is all about scraping a living out of tiny margins, and nowhere is that more evident than in Amazon‘s latest financial report. The company managed to grow revenue by 22 percent year-over-year between April and June, to $15.7 billion, and yet it confounded analysts’ predictions by making a loss of $7 million, versus a $7 million profit in the same quarter last year. Then again, this knock has been attributed to the fact that Amazon is pushing to expand beyond the retail game, by investing heavily in its Kindle business, digital downloads and streaming products, as well as in building a bigger presence in China. This has been the strategy for a while, of course, and it’s not the first time the company has been pushed into the red as a result. But Jeff Bezos says that Amazon’s top ten bestselling products last quarter were all either Kindles, accessories for Kindles, or digital content for Kindles, which suggests the transformation is steadily having an impact, even if it’s proving expensive.

Filed under: Misc, Tablets, Internet, Amazon

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Source: BBC News

If you think EA’s bottom line is primarily driven by endless Madden sequels, think again. In reporting its fiscal first quarter results, the studio has revealed that its digital businesses — DLC, mobile and the web — now generate more official revenue ($482 million) than disc-based games and distribution ($467 million). The company isn’t breaking down these figures, although it says that DLC and mobile are the main factors. We do know that iOS plays a crucial role — EA says that Apple is now its largest retail partner in terms of pure sales. The revenue shift isn’t completely surprising when the company is big on flagship mobile games and the free-to-play model, but it suggests that discs are losing some of their luster at one of the world’s largest developers.

Filed under: Cellphones, Gaming, Internet, Mobile, Apple

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Via: CNET

Source: EA (1), (2)

As Apple reports a record quarter for iPhone sales and an otherwise less-than-eventful quarter for hardware, Google rings the last bell they hope they’ll have to ring with a Motorola loss. How do the two compare other than in billions of dollars this past set of three months? Let’s have a peek!

Google’s reported consolidated revenues for this past quarter rang in at $14.11 billion USD, this a 19% increase over the same quarter one year previous.

This includes a total of $998 million in revenue from Motorola alone – though as our Motorola earnings in Google earnings rundown shows, GAAP operating loss for Motorola headed upward to $342 million for this quarter, while non-GAAP operating loss went from $49 million to $218 million in the same quarters year-over-year – no small change to scoff at.

It’s important to note at this point that the two companies do not record earnings to be compared to one another specifically, and as such, this article should be taken at face value. Apple and Google create reports like these to send information out to their investors specifically – this battle is for entertainment alone.

Apple plays a very different game here than Google, creating their own hardware and software rather than chalking up wins and losses to a separate entity. While Google works with Motorola and will soon be releasing Moto X, the closest Google will have come yet to taking total control of a Motorola handset, there’s still a point at which the two entities are more separate than Apple is with its hardware/software combinations.

Apple’s quarterly revenue comes in at $35.3 billion, this up from $35 billion (without the .3 at the end) the same quarter one year ago.

Meanwhile Google’s operating expenses, other than the cost of revenues, were up at $4.92 billion for this quarter, while Apple’s were $3.82 billion. Net income for Apple rang in at $6.9 billion for the three month period while Google’s was $3.23 billion (and that’s non-GAAP).

While Google rings in the earnings bell for items like Advertising, Apple lets numbers be known on each individual piece of hardware they sell – iPhones, iPads, Mac, iPod, and Accessories. Will we see similar numbers in the future as Google continues with Motorola, especially with products like the Moto X? And what kind of one-on-one numbers will we see between the Moto X and the next iPhone, coming this Fall? We shall see!

VIA: Apple; Google

Apple vs Google earnings show major differences in similarly popular companies is written by Chris Burns & originally posted on SlashGear.
© 2005 – 2013, SlashGear. All right reserved.

LG Electronics has released its earnings report for the second quarter of 2013, and while its net profit of 156 billion won ($139 million) slipped from the same period last year, it’s proudly trumpeting a record 12.1 million smartphones shipped. Operating profit for it mobile unit slipped from last quarter, but grew year over year to 54.37 million, and LG is apparently banking on phones like the Optimus L II, Optimus F and of course the upcoming G2 to keep things moving in the right direction. The mixed results continued when it came to TVs, as revenue and profit increased from the previous quarter, but dropped compared to last year, which the company blamed on lower demand and increased competition. As we’ve seen, it’s focusing on the high end with new tech like Ultra HD and OLED for developed markets, although at the current prices it may take a while for those to have an effect.

Filed under: Cellphones, Displays, Home Entertainment, HD, Mobile, LG

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Source: LG, Q2 2013 Performance (PDF)