Hasta La Gadget!

HTC’s 2012 smartphones have been met with favorable reviews, but it looks like the numbers aren’t reflecting the quality of the handsets. HTC has reported its July 2012 revenues, with the company amassing ~$835 million. That’s down 45% compared to July 2011, with the company also dropping ~$168 million compared to May of this year. HTC’s share prices fell by 7% after the news was released, with the company’s stocks sitting at their lowest since November 2008, according to Reuters.

The cause of HTC’s woes? Samsung. One analyst states that while the HTC One X is a strong product, customers are turning towards Samsung’s Galaxy branding instead, snapping up the recently released Galaxy S III. Samsung launched its latest flagship smartphone in the United States across several carriers last month, as well in Europe a month prior to that.

Things aren’t looking so good for the company going forward either, with Michael On, managing director of Beyond Asset Management, claiming that HTC may post a loss in the fourth quarter. The news comes after HTC closed its offices in South Korea late last month, as well as shutting down its operations in Brazil not long before that. HTC’s Q2 results were also disappointing, with profits down 57% compared to the same period in 2011.

HTC recently ran into trouble with Apple regarding patent infringement. Shortly after the launch of the HTC One X and EVO 4G LTE, a ban from the ITC went into effect that prevented that handsets from being imported into the United States, a win secured by Apple back in December 2011. Apple detailed how HTC infringed on a context menu that appeared when selecting certain actions, something which the company promptly removed. The ban may have been brief, but it delayed stock from reaching stores across the country, ultimately causing a knock-on effect for sales of the two handsets.

[via Android Central]

HTC faces bleak future as July revenues drop 45% is written by Ben Kersey & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

We know you’re excited about all these financial results, so we’ll just keep them coming. LG has managed a healthy profit overall for the second quarter, up 46% compared to the same period last year, but its cellphone business took a hit. That caused an overall decline in revenues too compared to last year, down by 10.6% to $11.16 billion. LG’s cellphone business may not be looking good, but its home entertainment section is looking better than ever.

LG sold 13.1 million phones worldwide in the second quarter, with 44% of those being smartphones, up from 36% last quarter thanks to strong LTE handset deployment. Revenues were down 27.5% year-on-year at $2.01 billion, resulting in a loss of $49.48 million for that section of the company. LG notes that it plans to rollout further LTE-enabled phones in the second half of the year across the United States and Europe that should bolster its smartphone numbers.

The other part of LG that helped offset the loss in the cellphone division was Home Appliances. Revenues increased to $2.50 billion, resulting in a third fold increase in profit to $143.23 million. That’s all thanks to a diversified product range and improved cost efficiency, and things should should continue to improve for the division despite the weak demand in developed markets.

[via Engadget]

LG sells 13.1m phones in Q2 ’12, 44% were smartphones is written by Ben Kersey & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Apple’s out with its third quarter financials today and, as is customary, it’s provided some sales figures for all of its big hardware categories. Those are headlined by record sales of the iPad, which jumped a whopping 84 percent year-over-year and 44 percent from the previous quarter to 17 million units sold during Q3 (no word on a breakdown by iPad model, though). iPhone sales were also up year-over-year to 26 million units, although that represents a more modest year-over-year growth of “just” 28 percent (and a drop from 30 million in Q2), no doubt due in part to folks holding off on a purchase until the next model comes out.

A bit more surprising are the company’s Mac sales numbers which, despite a new slate of MacBooks, saw year-over-year growth of only two percent for sales of an even four million in the quarter — compared to growth of seven percent in Q2. That seems to be explained at least in part by a dip in desktop sales, which were down 13 percent year-over-year while laptops were up 8 percent, resulting in some fairly flat growth overall. Lastly, as has been the trend for some time now, the company’s venerable iPod line is the one area that continues to see a consistent decline as phones and tablets take over, with it dropping ten percent year-over-year to sales of 6.8 million for the quarter. As Apple noted on its earnings call, though, those iPod numbers were actually better than it expected, and the iPod touch continues to be the most popular device in the category far, accounting for more than half of all iPod sales.

Update: Apple didn’t divulge any Apple TV sales figures in its earnings report, but Tim Cook was happy to provide them on the earnings call. The company sold 1.3 million Apple TV units during Q3, up an impressive 170 percent year-over-year. Still officially a “hobby,” apparently, but not one that Tim Cook says he’d be pursuing if the company didn’t believe in it.

Continue reading Apple’s Q3 hardware sales by the numbers: 17 million iPads, 26 million iPhones, 4 million Macs

Filed under: Cellphones, Desktops, Laptops, Tablet PCs

Apple’s Q3 hardware sales by the numbers: 17 million iPads, 26 million iPhones, 4 million Macs originally appeared on Engadget on Tue, 24 Jul 2012 16:53:00 EDT. Please see our terms for use of feeds.

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This is it, folks. The Steam Summer Sale has entered its eleventh and final day, so in less than 24 hours, it’ll be time to say goodbye. While that will likely be a relief for most Steam users, there are some tempting featured deals on offer for those who haven’t purchased quite enough yet. As always, there are also flash deals and community choice deals up for grabs, so even though we’ve entered the final hours of the event, there are still plenty of sales to take advantage of before things wrap up entirely.

All of today’s featured deals are a whopping 75% off, with indie gem Bastion at $3.74, Space Pirates and Zombies at $2.49, Football Manager 2012 at $7.49, and Splinter Cell: Conviction at $4.99. Indie Bundle XI – which features Hydrophobia: Prophecy, ORION: Dinosaur Beatdown, Star Ruler, Waveform, and World of Goo – is down to $9.99, while the Double Fine Bundle brings Psychonauts, Stacking, and Costume Quest together for $7.49. BioShock, Operation Flashpoint: Red River, and Jagged Alliance: Back in Action round out today’s featured deals, with BioShock looking especially good at $4.99.

At the time of this writing, Just Cause 2 is $3.74 as the community choice deal. Legend of Grimrock (which we highly recommend) is $5.99 for the next three hours as a flash deal, while other flash deals include Modern Warfare 3 for $29.99 and Assassin’s Creed: Revelations for $13.59. You’ll need act quick though, because all of those deals are ending in just a few hours.

It’s been a pretty exciting ride, but we have to admit that we’ll be thankful for an opportunity to put our wallets away and give our credit cards a much-needed rest. It won’t be long before we’re back at it again, however, as this means that the inevitable Steam Holiday Sale is now just five short months away. What did you pick up during the Steam Summer Sale this year? Leave us a comment detailing your haul below!

Steam Summer Sale enters final day is written by Eric Abent & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

Here’s an interesting little tidbit out of Verizon’s Q2 conference call today: the company sold 2.7 million iPhones in the second quarter, and 2.9 million Android devices. The iPhone figures are down slightly compared to Q1, where the carrier sold 3.2 million iPhones. That’s to be expected this long after the launch of the latest generation iPhone, but Android seems to have held steady, selling 2.9 million devices last quarter.

To be precise, 2.9 million LTE devices were sold in the first quarter, including tablets, but the carrier only has Android-based LTE devices right now. The number may have remained steady for this quarter, but we imagine it will increase in the third quarter thanks to the recent launch of the Samsung Galaxy S III and the popularity surrounding the device.

As for Verizon’s other financial results for this quarter, the company saw an increase in revenue to $18.6 billion and a jump in income margin to 30.8%. The carrier added 1.2 million new subscribers, 888,000 of which were postpaid, beating analysts’ expectations which put the number around 600,000. Half of Verizon’s customer base are now using smartphones, up from 47% last quarter.

Verizon: 2.7m iPhones and 2.9m Android devices sold in Q2 ’12 is written by Ben Kersey & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.