Hasta La Gadget!

T-Mobile has reported its first quarter earnings for the year, with the numbers showing both good and bad things. The good, not surprisingly given the Uncarrier push, was the first growth in branded customers the carrier has seen since the beginning of 2009. The bad news, however, is that its operational cash flow dropped year-over-year by 7.5-percent.

Despite that drop, the short-term view of the operational cash, more specifically referred to as the EBITDA, was good, with last quarter’s numbers coming in above the last quarter of 2012 by 12.4-percent. The company also saw growth in its Business to Business segment, with the first quarter of the year ending at 6.7 million, an increase over the first quarter of 2012 by 7-percent.

As far as the results from the carrier’s Uncarrier advertisements and plans, the results seem to be good, with the carrier scoring its first increase of branded customers out of over a dozen quarters. The carrier says that it now has 34 million customers, of which that number represent an increase of 579,000 over 2012′s last quarter.

Said the carrier’s President and CEO John Legere: “Our first quarter operating metrics and financial results are showing positive impact from the changes we began making in the fourth quarter. Branded customer net additions turned positive for the first time since the first quarter of 2009 and our postpaid business has demonstrated significant improvement. We ended the quarter with strong operational momentum, which is continuing into the second quarter…”

[via T-Mobile]

T-Mobile sees first branded customer growth increase since 2009 is written by Brittany Hillen & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Facebook has reported its Q1 2013 earnings today, and there seems to be mixed results across the board. The company scrounged up $1.46 billion in revenue, which is up 38% from the same quarter last year, but it’s not up to par from where the company was at over the summer. As for net profit, the company earned $312 million and earnings of 12 cents per share.

As for the social network’s user base, the latest figures show that mobile usage on Facebook is continuing to rise. The company boasts that 751 million users are accessing the social networking site via mobile devices, while only 665 daily users are visiting through the desktop. This is the second quarter in a row where mobile users have trumped desktop users.

As for advertising, Facebook says that $375 million of its advertising revenue came from mobile alone, while 30% of the company’s revenue this quarter came from advertising, proving that putting ads on their service is one of the most lucrative things that they’re doing, which means that users won’t see a slow down in the number of ads they see anytime soon.

As for the number of monthly active users on Facebook, the company has updated that number to 1.11 billion users, which is a 23% increase from the same time last year. As for Facebook’s 665 million daily active users, that’s up from 26% from the same quarter last year. It’s been interesting to see Facebook’s usage grow and grow, but we have to be approaching a point when they’ll hit a plateau. When will that be, exactly?

Facebook rakes in $1.46b revenue, 751m mobile users in Q1 2013 is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Samsung‘s first quarter financial numbers are in, revealing a net profit increase of $6.4 billion alongside a slow down in growth, which is being attributed to increased competition in the low and mid-end smartphone market. Such quarterly profits represent a 42-percent increase over the first quarter of 2012, however, and many analysts are saying that Samsung is still on the top, reports The Wall Street Journal.

Once again, smartphone sales were the driving force behind Samsung’s success in a market polarized between iOS and Android, with Apple being the Korean company’s biggest competitor. Samsung didn’t reveal how many smartphones it shipped during the quarter, but estimates are putting the number at about 70 million devices, which would likely allow the company to retain its top position in the smartphone market.

Quarterly earnings were up again, with Q4 2012 coming in at 7.04 trillion won, a figure that was eclipsed by last quarter’s 7.15 trillion won. The South Korean company saw an overall sales increase of 16.8-percent, with cell phones and telecommunications devices representing just under three-quarters of its profits, with its mobile division seeing a slight rise in operating profit margin.

As we saw with T-Mobile earlier this week, Samsung has suffered delays in getting its GALAXY S 4 flagship handset out to carriers on time, resulting in delayed and pushed back launch dates. The problem is said to be caused by high demand and inventory issues, but that doesn’t bode well when the company is relying so heavily on the phone to drive it to another quarter of success.

[via Wall Street Journal]

Samsung’s Q1 financial report shows rising profits despite growth slowdown is written by Brittany Hillen & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Boeing has revealed its financial data for the first quarter of this year, showing an increase in profits despite problems with its grounded 787 Dreamliner. Net income hit $1.1 billion, up a fair amount from $923 million in 2012. Revenue, however, dipped 2.5-percent to $18.9 billion, largely in part due to the Dreamliner problem, something Reuters says investors have most ignored because of the way it was handled. After revealing the quarterly earnings, shares rose 3.4-percent.

Back in January, Boeing’s 787 Dreamliner was grounded following an overheating incident involving batteries on two of the planes. Says Reuters, some analysts were expecting Boeing to peg the financial cost of this problem, which it didn’t do, instead saying that most of it was reflected in the Q1 numbers. According to Boeing’s CFO Greg Smith, the financial burden that resulted was mostly neutralized via resource shifting.

On April 19, we reported that the FAA had approved Boeing’s battery design changes with plans to lift its flight ban following the publication of instructions to operators over the changes. The changes required to the battery design include installing “containment and venting systems for the main and auxiliary system batteries,” as well as replacing the chargers and batteries.

Jim McNerney, Boeing’s CEO, said during the conference call that the company anticipates resuming Dreamliner deliveries early next month, with the modifications to 50 customer jets wrapping up by the middle of the month. He is quoted as saying that the battery modifications needed are “not big” compared to what they could be.

[via Reuters]

Boeing Q1 financial report shows income up despite Dreamliner woes is written by Brittany Hillen & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

As expected (and a bit earlier than promised), Apple has announced its Q2 2013 earnings for this past quarter. The company raked in $43.6 billion in revenue and netted $9.5 billion of that for the quarter. Analysts had estimated that the company would bring in $41.82 billion in revenue, so it seems Apple did better than expected on that front.

The company’s $43.6 billion in revenue trumps its revenue from the same quarter last year, which was $39.2 billion. However, net profits were down from $11.6 billion in Q2 2012. These numbers represent a slow growth for Apple, and this marks one of the few times that Apple hasn’t seen huge gains, but nonetheless, the money is definitely there.

As for sales of products, Apple sold 37.4 million iPhones and 19.5 million iPads during the three months, which is up 6.55% and 65.25% year-over-year, respectively. A 65% gain is certainly respectable, but we have to give most of the credit to the recently-released iPad mini for bumping those numbers up quite a bit.

As expected, Mac sales went down to 3.95 million units sold during the quarter from last year’s 4 million, and iPod sales also continued on with their slow decline, down to 5.6 million iPods sold from last year’s 7.7 million. We can’t say we’re too surprised here, but the iPhone and iPad have been the dominating products for the company as of recently.

Apple boasts $9.5b profit on $43.6b revenue in Q2 2013 is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.