Hasta La Gadget!

Sony just posted its yearly results today, and while a ¥40.8 billion ($439 million) loss is never a good thing, it’s at least a marked improvement from last year’s staggering $1 billion drop into the red, which was the company’s first loss in 14 years. LCD TVs and cameras were Sony’s big electronics sellers, while PS3 sales went up to 13 million from 10.1 million last year — and hey, Sony’s console actually became profitable at the end of the year as production costs have gone down. Now for the bad news: PSP sales were down to 9.9m from 14.4 last year, with game sales dropping to 44.4m from 50.3m units, while PS2 hardware went down to 7.2m from 7.7m units and PS2 software fell sharply from 83.5m units to 35.7m units. That’s not completely unexpected, as the PS2 can’t last forever and the PSP is getting long in the tooth, but it means that Sony faces some serious pressure to hit its target of 15m PS3s sold this year to pick up the slack and help it hit its goal of posting a ¥50 billion ($541 million) profit next year. Let’s hope that Move controller lives up to the hype, right? Sony’s also counting on 3D to help it get there, and wonder of wonders, it also expects Sony Ericsson to hit profitability, so that X10 mini pro had better be a big improvement over the Xperia X10. We’ll see if Sir Howard can keep all these various ships going in the right direction while still keeping the rest of Sony’s diverse operations (like its profitable life insurance business) in line — it should be an interesting year.

Sony posts another huge annual loss, but PS3 sales are up originally appeared on Engadget on Thu, 13 May 2010 17:27:00 EST. Please see our terms for use of feeds.

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Without going into much detail, Clearwire mentioned on its first quarter earnings call today that WiMAX-capable phones bearing the Clear name from both Samsung and HTC are “expected” to be available before 2010’s out, which is a pretty optimistic affirmation of comments the company made earlier this year. It describes the Sammy as “an Android-based 3G/4G/WiFi device optimized for heavy video and video communications use,” while the HTC’s language leaves out the platform — it’s just called “a 3G/4G/WiFi enabled phone,” leading us to believe that this puppy could very well be running Windows Phone 7. If that’s the case, we can understand why HTC wouldn’t want Clearwire spilling the beans since they’ve yet to officially announce any plans for jumping into the WinPho 7 game. In fact, Clearwire went so far as to say on the call that the HTC device would not be the EVO 4G, so yeah, we can totally buy that there’s some Microsoft action going on behind the scenes here.

As for Clearwire’s health, it has seen a 94 percent year-over-year boost in total WiMAX subscribers for a total just shy of a million — and interestingly, the overwhelming majority of those are retail, not wholesale, meaning that folks are running Clear-branded equipment. We expect that to change dramatically once Sprint’s Overdrive gets a little more penetration and the EVO comes into play, but for now, some 814,000 customers are familiar with the Clear logo. They lost a hair over $94 million in the quarter, but hey, in the scheme of things, that’s peanuts — building out networks isn’t a cheap endeavor, after all.

Clearwire promises Clear-branded HTC and Samsung WiMAX phones this year originally appeared on Engadget on Wed, 05 May 2010 18:56:00 EST. Please see our terms for use of feeds.

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Moto’s earnings for the first quarter came out today, and they pretty much echo what the company managed to do in the fourth quarter of 2009 — pull a small profit thanks to performance from the Home, Enterprise Mobility, and Network groups in the face of an operating loss from the Mobile Devices (read: phones) division. Unfortunately, all of the numbers are just a little bit worse across the board; Motorola didn’t have any Droid-style blockbuster launches or major gift-giving holidays to help it along this quarter, and ended up dropping $192 million in the hole compared to $132 million in the quarter prior. Co-CEO Sanjay Jha still seems upbeat, though — and he’d better, considering that he’ll lead the spun-off phone division after the breakup — pointing out that shipments actually increased in the quarter with the release of six new handsets. When you throw all the numbers together, the combined company posted $69 million in earnings, down from $142 million in the fourth quarter; hey, that’s still better than a loss, especially considering that it’s estimating considerably higher earnings in the current quarter. Follow the break for Motorola’s release.

Update: Despite the slight profit, poor phone sales may have finally cost Motorola the stateside mobile crown. The Associated Press is reporting that with 8.8 million iPhones sold in Q1, Apple has edged out Motorola as the largest phone maker in the US.

Continue reading Motorola posts another tiny quarterly profit, phone division not yet pulling its weight (update)

Motorola posts another tiny quarterly profit, phone division not yet pulling its weight (update) originally appeared on Engadget on Thu, 29 Apr 2010 12:46:00 EST. Please see our terms for use of feeds.

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It’s a milestone folks: the PS3 hardware is finally ready to generate a profit. The loss-leading console once estimated to cost Sony more than $800 per (losing between $241 and $307 per console sold back in 2006) has likely turned a corner thanks to a reduction in manufacturing costs. While Sony isn’t saying anything on the matter, PocketNews confirms that the latest PS3 SKU — CECH-2100A spotted in the FCC back in February — uses an improved RSX graphics chip based on smaller 40-nm processes similar to the PS3 Slim’s new 45-nm Cell processor. The result is a 15 percent decrease in console power consumption when compared to the 120GB CECH-2000A PS3 Slim sporting a 65-nm RSX. The cooler running chip allows for a stealthier heat sink and power supply in addition to a smaller cooling unit. Those changes combined with fewer adjoining chips around the shrunken RSX should make the console cheaper to build which is good news to Sony’s sagging bottom line.

Update: PocketNews has confirmed with Sony that the RSX graphics chip is built using 40-nm processes (not 45-nm). Post updated to reflect the change.

Sony PS3 upgraded with cooler 40-nm RSX graphics chip, profits await (updated) originally appeared on Engadget on Mon, 26 Apr 2010 06:27:00 EST. Please see our terms for use of feeds.

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Apple might not be too happy about having a fourth-gen iPhone prototype get stolen, but there’s nothing like cold, hard cash to turn a frown upside-down — and the company certainly made plenty of it in the second quarter of 2010, posting a $3.07b profit on $13.5b in revenue. That’s the Apple’s best non-holiday quarter ever — profits were up 90 percent while revenue was up 49 percent — and yet another record quarter for Steve and the gang. Mac sales were up 33 percent from a year ago with 2.94m units sold, iPhone sales were up 131 percent with 8.75m units sold, and iPod sales were down one point with 10.89m units sold. We’re just about to jump on the analyst conference call, we’ll let you know if we hear anything good — we wonder what people might be asking about?

Update: Oh, why not — let’s liveblog this thing. Follow along after the break at 5PM ET.

Continue reading Apple has another record quarter, posts $3.07b profit

Apple has another record quarter, posts $3.07b profit originally appeared on Engadget on Tue, 20 Apr 2010 16:48:00 EST. Please see our terms for use of feeds.

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