Hasta La Gadget!

Facebook revealed its Q1 earnings in an SEC filing leading up to its big IPO earlier this year, but it’s now officially out with its first earnings report as a public company. For Q2 of 2012, it brought in $1.18 billion in revenue, up 32 percent year-over-year and slightly better than what analysts were expecting, while GAAP net income sat at a loss of $157 million (down from a profit of $240 million a year ago). Looking at things on a non-GAAP basis, though, net income is actually up from $285 million to $295 million.

What’s more, the company also confirmed that it has 955 million monthly active users (or what it calls MAUs) as of the end of June, up 29 percent year-over-year. As you can see in the chart after the break, those users are distributed fairly evenly across the world, including 186 million in the US and Canada, 246 million in Europe, 255 million in Asia, and 268 million elsewhere. Daily active users totaled 552 million for the same time period, up 32 percent year-over-year, while mobile users now stand at 543 million, up 67 percent from last year. Not surprisingly, a huge chunk — 84 percent — of the company’s revenue comes from advertising, which brought in $992 million for the quarter, an increase of 28 percent from last year. That apparently wasn’t enough to please investors, though, who have sent the company’s stock to a new low of less than $25 (down over ten percent) in after hours trading.

Update: Expectedly, the ever-recurring topic of a Facebook phone came up during the Q&A portion of the company’s earnings call, and CEO Mark Zuckerberg didn’t avoid the issue entirely. While not completely dismissing recent rumors of an HTC-built phone, Zuckerberg did say that building a whole phone “really wouldn’t make much sense for us to do.”

Continue reading Facebook posts first earnings as a public company: $1.18 billion in revenue, 955 million users

Filed under: Internet

Facebook posts first earnings as a public company: $1.18 billion in revenue, 955 million users originally appeared on Engadget on Thu, 26 Jul 2012 16:12:00 EDT. Please see our terms for use of feeds.

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Apple wants to be master of the house — yours, in particular. At least that’s the vision put forth by this latest patent application, filed back in March of this year, that would give iOS-wielding homeowners control of virtually all Cupertino-sanctioned gadgetry within the confines of domesticity. It’s really as basic as that, given that the doc clearly outlines a method for discovering, selecting and operating a multitude of tech from a handheld device (insert your iGadget of choice here) over WiFi. Could this connected (and likely, Siri-voiced) home network in the making streamline remote manipulation of everyday household items, like setting refrigerators to make ice from the comfort of your couch, DVRs to record while you work in the garage or thermostats to lower as you laze about under the bedsheets? As always, only time and the combined ingenuity of designers and engineers hiding out in R&D bunkers somewhere beneath One Infinite Loop will tell.

Filed under: Handhelds, Wireless, Internet, Software

Apple patent application could make you Master and Commander of the iHome originally appeared on Engadget on Thu, 26 Jul 2012 14:15:00 EDT. Please see our terms for use of feeds.

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Now that Google’s fiber optic service is official, it’s time to talk about plans. Google Fiber has three plans for consumers to pick from – one with TV & Gigabit Internet, one with just Gigabit Internet, one with free Internet – and here we’re going to be talking about the second one on that list. If you want to take advantage of Google’s fiber optic network but don’t require a plan that includes TV service, this is the one for you.

Google’s Gigabit Internet package costs $70 per month and comes with a one-year contract that you’ll need to sign. It boasts download and upload speeds of up to one gigabit (obviously) with no data caps, and also comes with a network box and 1TB of Google Drive storage. Normally, Google would charge a $300 construction fee that covers the cost of stringing fiber optic cables to your house, but with this plan that fee is waived.

Unfortunately, Google Fiber is only available in Kansas City, KS and Kansas City, MO at the moment. In order to get Google Fiber in your neighborhood, you’ll have to head over to the Google Fiber website and pre-register for service. Once you’ve done that, you need to convince your neighbors to pre-register for service too, as Google will only bring its fiber optic service to “fiberhoods” that meet pre-registration requirements. So, rally your neighborhood and show Google that you’re all interested, or get left in the dust as Google brings its network to other neighborhoods. This may be one of the only times you’ll nag your neighbors about something that’s mutually beneficial, so get to it. Stay tuned for more information on Google Fiber!

Google Fiber web plan revealed for $70/mo is written by Eric Abent & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

The Humble Bundle may have gone mobile on Android earlier this year, but that’s proven to be a relatively small jump compared to the organization’s latest expansion. It’s now rolled out its first Humble Music Bundle, a collection of six albums that, as always, you can name your price for. Those include an album of rarities from They Might Be Giants, Jonathan Coulton’s Greatest Hit (Plus 13 Other Songs), an exclusive MC Frontalot collection, Christopher Tin’s Calling All Dawns, and game composer Hitoshi Sakimoto’s Best of the Valkyria Chronicles — plus OK Go’s Twelve Remixes of Four Songs if you pay above the current average price. Naturally, all of the albums are DRM-free and available in both MP3 and FLAC formats, and you’re able to choose what percentage of your payment goes to the artists, charities (Child’s Play and the Electronic Frontier Foundation) and the Humble Bundle organization itself. You can get a taste of what’s in store in the video after the break, or get previews of each album before you buy at the link below.

Continue reading The Humble Bundle tries something different, lets you name your price for albums from They Might Be Giants, Jonathan Coulton, and more

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The Humble Bundle tries something different, lets you name your price for albums from They Might Be Giants, Jonathan Coulton, and more originally appeared on Engadget on Thu, 26 Jul 2012 13:01:00 EDT. Please see our terms for use of feeds.

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This week Google’s Fiber ultra-fast web connection has been turned on in Kansas City, complete with a set of new hardware bits for users to make full use of it. One of these is the Google Fiber TV Box – this device connecting to the web, bringing you wifi connection, wired connection, and bluetooth as well. The Google Fiber Storage Box is a storage unit in which you’ll be able to keep TV shows, movies, and more – inside you’ve got Two terabytes of storage and the ability to record 500 hours of HD content. All of this is controlled from none other than the Google Nexus 7 tablet.

Google’s introduction of Fiber for Kansas City brings on the TV package that includes not just the two boxes listed above, but 1TB of Google Drive storage and a Network Box as well. You’ll also get all the major networks in one package, premium movie channels at an additional fee, and thousands of hours of content each month.

There’s one $300 construction fee, one time fee, and you’ve got a $120 a month cost. With a two-year contract you also have no construction fee at all. All of this will be live for Kansas City immediately if not soon – and once Google is ready to bring on Fiber to the whole USA, you’ll have it as well. Can’t wait!

Google Fiber TV package priced and detailed is written by Chris Burns & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.