Carriers will now provide high bill alerts, says FCC

The FCC has announced that ahead of yesterday’s deadline, carriers have instituted an alert system that will give subscribers a heads up when they’re nearing what will be a large bill. This follows many stories about unsuspecting consumers who have gone about their daily mobile usage, only to be faced with a massive bill at the end of the month for exceeding their limits.

FCC Logo

Says the Federal Communications Commission, 97-percent of mobile device users in the United States are now covered by the high bill alert system. The remaining 3-percent are using carriers who weren’t part of the voluntary agreement Consumer Code for Wireless Service. That doesn’t mean those carriers won’t send out alerts to their customers, only that they won’t be doing so under the CTIA-sponsored agreement.

Participating carriers include Verizon, AT&T, Sprint, T-Mobile, US Cellular, Clearwire, Cellcome, and a few others, all of which provide voice, data, roaming, and text alerts (if applicable). The high bill alerts will be provided free of charge, so users don’t have to worry about the notifications eating into their text limits, for example.

Obviously, the alerts will only be given to those who have a plan where there’s a limitation in place with penalties for going over it, such as a limited number of minutes. Also, alerts will be provided if someone is roaming and doesn’t have a roaming package, putting them at risk of higher fees. The alerts are automatically generated and delivered. Those who want more info should head over to the CTIA’s website.

[via FCC]


Carriers will now provide high bill alerts, says FCC is written by Brittany Hillen & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Google boasts $3.35 billion net income in Q1 2013 earnings

Google is out with their first quarterly earnings report for 2013, and things are looking high and mighty for the Mountain View-based company. They ended up raking in a revenue of $14 billion during the three months, and ended up netting $3.35 billion. Compared to last year at this time, revenue is up a whopping 31%.

google

CEO Larry Page coined this quarter’s earnings as a “very strong start to 2013,” even though the company’s revenue and income have remained slightly stagnant over the past few quarters. Operating income for the company was $3.48 billion for the quarter, compared to last year’s $3.39 billion operating income during the same quarter.

As far as Google’s net income of $3.35 billion, this is a slight increase over the previous quarter’s $2.89 billion, and the company’s $14 billion revenue is slightly down from $14.42 billion during Q4 2012. As for the company’s cash on hand at the moment, we’re looking at just over $50 billion in the bank.

Page says that Google is “working hard and investing in [its] products that aim to improve billions of people’s lives all around the world.” As for Motorola, they experienced a bit of a drop off in revenue, posting just over $1 billion this quarter, compared to $1.51 billion during the previous quarter. The company also experienced an operating loss of $271 million. Ouch!


Google boasts $3.35 billion net income in Q1 2013 earnings is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Microsoft posts $20.5 billion revenue in Q3 2013 earnings

Microsoft has just reported its fiscal Q3 2013 quarterly earnings, and things are looking adequate for the company, which reports a revenue of $20.5 billion for the quarter, with a net income of $6.06 billion. The company also posted an operating income of $7.61 billion, which is up from $6.37 billion during this time last year.

microsoft

Analysts had predicted Microsoft’s revenue to be $20.5 billion, and they were right on the money. The company’s revenue last quarter was $21.46 billion, so they didn’t do as well this quarter, but a positive income in the black is always a good thing. Microsoft’s Windows division did fairly well this quarter, bringing in $5.7 billion, compared to last year’s $4.3 billion.

The company’s Business division raked in $6.32 billion, while they’re Entertainment division brought in $2.53 billion. All three of these divisions saw a revenue increase compared to this time last year. CEO Steve Ballmer says that the company’s big bets were on “cloud services,” and he says those bets are paying off big time.

Overall, year-over-year changes were all in the positives, with Microsoft’s Entertainment division seeing the biggest increase of 56%. Along with today’s quarterly earnings, Microsoft announced that Peter Klein, who served as the company’s CFO for four years, is stepping down from the role. He spent 11 years at Microsoft.


Microsoft posts $20.5 billion revenue in Q3 2013 earnings is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Nokia reports $196 million loss in Q1 2013 earnings

It seems that Nokia has returned to the land of unprofitability this past quarter, as the company as posted a loss of €150 million ($196 million), with a total revenue for the quarter reaching €5.85 billion ($7.65 billion), which is down from €7.35 billion ($9.6 billion) during the same time last year.

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However, despite the losses, Nokia Lumia sales have hit a record high of 5.6 million in Q1 2013. This is up from 4.4 million during the previous quarter. In the same quarter last year, Nokia only sold two million Lumia smartphones, so that’s less than double of what they’re selling now. Since shipping their first Windows Phone device in November 2011, Nokia has just under 20 million Lumias.

While Nokia’s financial state certainly wasn’t ideal this quarter, it’s definitely better than what it was last year during this time, where the company experienced an operating loss of €1.34 billion ($1.75 billion), so the company is certainly succeeding at digging themselves out of a deep hole, even with less revenue coming in this quarter.

However, Nokia isn’t doing so well in North America. The company only shipped 400,000 devices during Q1 2013, which down 33% from the same time last year where they shipped 700,000 handsets. All in all, Nokia says that Lumia sales increased in all regions of the world in Q1 2013 except North America.


Nokia reports $196 million loss in Q1 2013 earnings is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Verizon boasts $4.8 billion profit in Q1 2013 results

Verizon didn’t do so hot during Q4 2012, but the company is back posting up their Q1 2013 results, and things are looking mighty good for the company. Verizon profited a whopping $4.8 billion during Q1 2013, and that’s mostly thanks to the addition of 677,000 new subscribers throughout the quarter, with 7.2 million smartphone activations.

verizon

Verizon is now up to 98.9 million subscribers total, which means it shouldn’t be too long before they reach the 100 million mark. Furthermore, the carrier activated 5.9 million LTE devices out of the 7.2 million total activations. Verizon also claims that 28% of all activations during the quarter were customers who came from other carriers.

As for Verizon’s other services, FiOS internet saw a bump of 188,000 new customers and 169,000 new FiOS Video customers, which rose the revenue of that particular sector of the company up $2.6 billion. And for those who thought that Verizon quit expanding FiOS will be pleased to know that they added fiber optics to 83,000 homes during the past quarter alone, with 217,000 more homes planned for 2013.

Total revenue for the company rang in at $29.4 billion, which is 4.2% increase year-over-year. Operating income grew 19.8% to $6.2 billion in Q1 2013, compared to $5.2 billion during the same time last year. $19.5 billion of that $29.4 billion revenue came from Verizon’s wireless business alone, which is up 6.8% from last year.


Verizon boasts $4.8 billion profit in Q1 2013 results is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Apple stock falls below $400 for first time since 2011

Apple seems to be having some rough times stock-wise lately, as the company’s stock fell below $400 today for the first time since December 2011. Specifically, the stock hit $398.11 earlier in the day, which is the lowest level that Apple’s stock has been in a year and a half. The highest that the company’s stock has ever been was in September 2012 when they surpassed $700.

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It’s said that the stock fell today due to the claim by Cirrus Logic Inc. that a particular chip with another supplier is said to be slowing down in order to make room for a newer chip, most likely the Apple A7 that’s been rumored heavily to be put in next-generation Apple products. Cirrus makes audio chips for both the iPhone and iPad.

This suggests that a big decline in Apple sales is imminent during Q2 this year, which could mean that Apple may wait to launch a new product until Q3 or Q4 later this year, including a new iPhone, full-size iPad, and a new iPad mini. Traditionally, Apple has launched new iPads earlier in the year, rather than in the fall.

Based on the company’s all-time high that the stock hit back in September (when the iPhone 5 released), that’s down 42% from what it is now. We haven’t seen a new product from Apple since the iPhone 5 release, which could be the reason behind the falling stock prices. Apple is set to announce its Q2 2013 quarterly results next Tuesday.

[via ABC News]


Apple stock falls below $400 for first time since 2011 is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

AAA: It costs $9,122 a year to own a car

The price tag fixed to a car is only part of what you’ll spend for the vehicle, with the sale being followed shortly by licensing fees and taxes. Beyond that, there’s the cost associated with properly maintaining the vehicle and fixing the occassional problem that arises, and then there’s the daily cost, primarily in the form of filling the tank up. Most of these costs were used in AAA’s “Your Driving Costs” report, which pegs the yearly price of owning a car at $9,122.

Cars

The study analyzed the costs associated with tires, insurance, fuel, maintenance, and depreciation to make its determination, with maintenance being the largest culprit this time around for sedan owners, having increased to 4.97 cents per mile over 2012. Obviously, smaller cars are said to have lower costs across the board, while bigger vehicles have higher costs in all categories.

Insurance saw the next highest increase, with costs rising 2.76-percent yearly over 2012. Fuel was third at a 1.93-percent increase, and depreciation was a close fourth at .78-percent. The costs associated with tires, meanwhile, didn’t change, with costs at only about a penny per mile, making them pretty cheap in the grand scheme of things.

The yearly cost is based on driving 15,000 miles per year, which means it could be too high for some drivers and not high enough for others. The average cost of driving those miles, when factoring in all the categories, is 60.8 cents/mile, which represents a cost increase over 2012 of about 2-percent. Not monumental, but still a relevant increase.

[via USA Today]


AAA: It costs $9,122 a year to own a car is written by Brittany Hillen & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Yahoo publishes first-quarter 2013 financial data

Yahoo has reported the results of 2013′s first quarter, which came to an end on March 31. The numbers show a revenue of about $1.07 billion, a rate that Yahoo calls flat in comparison to the same quarter in 2012. Still, the company that has been struggling to regain its foothold has beat out expectations despite an 10-percent drop, pulling in $425 million in GAAP revenue.

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Display revenue (ex-TAC) came in at $402 million for Q1 of this year, an 11-percent decrease over 2012′s $454 million. With the exception of in South Korea, Yahoo’s ad sales also dropped, falling 7-percent over the same quarter last year. The price per ad also fell, but not quite as drastically, coming in at only 2-percent lower.

Not all was falls and decreases, however, with the rate of paid clicks (again, excluding South Korea) increasing by 16-percent over the same quarter last year. That was partially neutralized by the 7-percent drop in price-per-click, however. Yahoo made some big business changes, as well, such as rolling out a refreshed “experience” and acquiring a host of companies, including Snip.it and Alike.

Said Yahoo’s CEO Marissa Mayer: “I’m pleased with Yahoo!’s performance in the first quarter. We saw continued stability in our business, strengthened our team, and started the year with fast execution against our products and partnerships. We are moving quickly to roll out beautifully designed, more intuitive experiences for our users. I’m confident that the improvements we’re making to our products will set up the Company for long-term growth.”

[via Yahoo]


Yahoo publishes first-quarter 2013 financial data is written by Brittany Hillen & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Facebook wants advertisers to pay $1m a day to display their video ads

Facebook is gearing up to launch video ads on its network come this summer. The ads are expected to arrive in June or July, and Ad Age reports that there will be 4 slots, each slot costing around $1 million daily for advertisers to use. While Facebook has yet to decide on what video ad format it wants to use, sources have told Ad Age that Facebook has conferred with 3 executives about the new product.

Facebook expects advertisers to pay 1 million dollars for video ads units

Facebook will make these video ads targeted towards specific users. There is a category for women over 30, women under 30, men over 30, and men under 30. Each ad will be about 15 seconds long, and users will only see a maximum of 3 ads per day. The ads will be on auto-play mode, and will either cover the entirety of the user’s Facebook page, be smaller ads located on a corner of your Facebook feed, or be something else entirely. The video ads will also be implemented onto Facebook Mobile.

If Facebook is successful in getting advertisers to pay the elaborate fee, it can generate at least $120 million a month and $1.44 billion a year. It’s speculated that Facebook wants to target those in the TV industry who have a huge budget for advertising. One executive who was briefed on the new product, however, says that the current price tag will most likely deter many advertisers, and would most likely spark outrage among Facebook’s users.

Launching video ad units on its social network, while may generate a massive amount of revenue for Facebook, will not be well-received by its users. Facebook users want to quickly get into their Facebook feed, check out any new status updates, message a few friends, and get out. Having to close out of Facebook’s video ads, or worse, be required to sit through a 15 second ad will anger a lot of people. But as we know, Facebook’s main goal is to generate as much revenue as possible.

[via Ad Age]


Facebook wants advertisers to pay $1m a day to display their video ads is written by Brian Sin & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Intel reports $12.6 billion revenue in Q1 2013 earnings

Intel just reported their quarterly earnings for Q1 2013, and while there’s big money to be called out, things are down for the company compared to last quarter. Intel brought in a total revenue of $12.6 billion for the quarter, which is down 7% from $13.5 billion in Q4 2012. The company’s biggest drop was their operating income, which took a 20% dive down to $2.5 billion for the quarter.

intel

Both net income and earnings per share were down 17% this quarter as well. Intel earned a net income of $2 billion, compared to $3.2 billion from the previous quarter. As for earnings per share, it’s at $0.40 for Q1 2013, compared to $0.48 during Q4 2012. Intel blames the slight losses on poor PC demand for the quarter.

The future for Intel is in question, with this being CEO Paul Otellini’s last earnings call, the company could change drastically by the time the next earnings report rolls around. Otellini will officially step down from Intel and retire next month. However, the change in CEO may not play much of a roll in the company’s revenue and profits, but we’ll ultimately have to wait and see.

As for the company’s predictions for next quarter’s earnings results, they’re expecting to bring in a revenue of $12.9 billion, give or take $500 million. They’re also predicting to have a gross margin percentage of 58%. Hopefully the company can meet that goal the next time around, and with the new 14nm technology they’re working on, we can’t see why they wouldn’t bring back an increased profit.


Intel reports $12.6 billion revenue in Q1 2013 earnings is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.