Hasta La Gadget!

While the top three smartphone makers (Apple, Samsung, and Nokia) garner most of the press, HTC is quietly becoming a juggernaut. IDC’s number five just posted yet another month of record sales, hitting $1.56 billion — almost twice what the company moved in July of last year. To celebrate its continued meteoric rise, the Taiwanese manufacturer has announced it plans to acquire Dashwire, the cloud services company behind the awesome brilliant Awesome Drop, for $18.5 million. The only question is, how long HTC can keep this growth up? After all, common sense says what goes up, must come down — just ask Nokia.

HTC posts record sales (again), getting itself something nice (Dashwire) to celebrate originally appeared on Engadget on Fri, 05 Aug 2011 13:20:00 EDT. Please see our terms for use of feeds.

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Back in the last quarter of 2010, Motorola Mobility predicted a rocky road for future business, and its Q2 earnings seem to be right on track. The company reported total net revenues of $3.3 billion in the second quarter, up 28 percent year-over-year, but saw a net loss of $56 million, compared to earnings of $80 million in the second quarter of 2010. Mobile Devices saw an operating loss of $85 million, compared to the previous year’s earnings of $87 million. Moto’s not all doom and gloom however, as it predicts profitability in mobile devices by Q4. In terms of sales, the company reportedly shipped 11 million mobile devices, including 4.4 million smartphones and 440,000 Xoom tablets. Here’s hoping Motorola’s powers of prediction remain strong.Full PR after the break.

We’d heard that the Droid Bionic was “coming soon,” but up until today, we still didn’t have a firm date for the LTE Android phone. Well, the cat is sort of out of the bag, as Mobility CEO Sanjay Jha has just announced that the long-awaited handset will hit stores in September. When in September is still anyone’s guess, but we’ll keep you posted as we learn more.

Continue reading Motorola Mobility reports $56 million net loss in Q2, $3.3 billion in revenue, Bionic debut in September

Motorola Mobility reports $56 million net loss in Q2, $3.3 billion in revenue, Bionic debut in September originally appeared on Engadget on Thu, 28 Jul 2011 17:33:00 EDT. Please see our terms for use of feeds.

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AT&T this morning offered up some earnings tidbits, and there’s some good news in there for the iPhone-wielding mobile network. In its best-ever second quarter for smartphone sales, the company moved more than 5.6 million of the devices. AT&T raked in consolidated revenues of $31.5 billion for the quarter, up $680 million over last year. The Former Mrs. Bell also revealed that it is “confident” that, much to the chagrin of Sprint and others, its planned purchase of T-Mobile is set to be completed by the first quarter of 2012. AT&T will be offering up more financial details in an earnings call later today, including, no doubt, the much-rumored plans for magenta carpeting in its global headquarters.

Update: The company didn’t talk too much about its interior decorating plans, but it did insist that it is “look[ing] forward to working with the FCC,” and while it still has “work to do, we remain confident that we can satisfy the FCC and DOJ.” AT&T also happily pointed out support from governors of 26 states. The acquisition, it added, will offer “enormous efficiencies” and “is the surest and fastest way to address the unique network constraints and spectrum shortages affecting AT&T.”

AT&T ‘confident’ T-Mobile deal to close in Q1 2012 originally appeared on Engadget on Thu, 21 Jul 2011 09:03:00 EDT. Please see our terms for use of feeds.

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It’s everybody’s favorite time of year. Yup, the Q2 earnings results are coming in, and Google’s leading the pack, reporting $9.02 billion in gross revenue for the second quarter of 2011: a 32 percent increase over the same period in 2010. CEO Larry Page notes, that’s a “record breaking over $9 billion of revenue,” with net income reaching $2.51 billion, up from $1.84 billion in Q2 2010. Google’s various sites apparently made up 69 percent of the $9.02 billion in revenue, generating $6.23 billion — 2010 numbers were $4.50 billion. Operating expenses saw a notable increase over 2010, cutting into profits by $2.97 billion, up from $1.99 billion.

Larry Page has just announced some Android usage numbers, pointing out that 550,000 devices, rocking the little green robot, are being activated per day. That’s up from the 500,000 announced late last month. Android Market numbers are also up, with six billion total downloads.

Continue reading Google announces Q2 earnings: $9.02 billion in revenue, $2.51 billion in net income

Google announces Q2 earnings: $9.02 billion in revenue, $2.51 billion in net income originally appeared on Engadget on Thu, 14 Jul 2011 16:07:00 EDT. Please see our terms for use of feeds.

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There’s a new patent war brewing on both sides of the Atlantic, now that Dolby has filed a set of lawsuits against RIM. At issue is the audio compression technology RIM uses in its BlackBerry phones and PlayBook tablets. Dolby claims this intellectual property is protected under patents that several other smartphone makers have already licensed, and that RIM should be forced to do the same. The company’s lawsuits, filed yesterday in both the US and Germany, seek financial damages and an injunction that would stop all sales of allegedly infringing products. RIM declined to comment on the suit, but we’ll be sure to keep you posted as the battle unfolds. Head past the break for Dolby’s press release.

Continue reading Dolby sues RIM over alleged patent infringement, seeks injunction in 7.1 surround

Dolby sues RIM over alleged patent infringement, seeks injunction in 7.1 surround originally appeared on Engadget on Thu, 16 Jun 2011 11:23:00 EDT. Please see our terms for use of feeds.

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