Hasta La Gadget!

Microsoft’s Kin One and Kin Two might not turn out to be the most auspicious devices for Tegra’s debut in the smartphone arena, but NVIDIA seems to be learning from its mistakes. Admitting that the company committed too strongly to Microsoft with the first-gen iteration, Jen-Hsun Huang has now said that the second generation of Tegra will look to Android devices first and foremost. This newfound focus will materialize with both smartphones and tablets in the third and fourth quarter of this year, and will, according to Jen-Hsun, offer device makers a viable competitor to Apple’s A4 SOC. In other news, NVIDIA has now shipped “a few hundred thousand” Fermi cards, and has also achieved 70 design wins with its Optimus graphics switching technology. Eleven of those are now out in the wild, but the vast majority are still to come, mostly as part of the seasonal “back to school” refresh at the end of the summer. These revelations came during the company’s earnings call for the first quarter of its 2011 fiscal year, and you can find the full transcript at the source below.

[Thanks, TareG]

NVIDIA puts its Tegra 2 eggs in Android’s basket, aims to topple Apple’s A4 originally appeared on Engadget on Mon, 17 May 2010 04:20:00 EST. Please see our terms for use of feeds.

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If Apple created the first round of disruption to the business-as-usual lethargy infecting the cellphone industry then Google appears poised to bring round two. When looking around at choices, it’s the Android OS backed by Google’s cloud-based services and the 50k app-strong Android Market we usually find underpinning the sexiest and most powerful hardware on the market. And guess who’s making the hardware? Right, HTC. Now HTC — thanks to its recently introduced Desire, Legend, HD Mini, Smart, EVO 4G and Droid Incredible — says it expects record revenues of $1.6 billion in Q2 on sales of 4.5 million handsets, up from 3.3 million handsets sold in Q1 and ahead of analyst expectations. Cheng Hui-ming, HTC chief financial officer, credits the bump to the “growing popularity of the Android platform in Europe and the US”. One can only imagine what HTC sales will do when its long-standing Microsoft partner releases Windows Phone 7 OS later this year.

HTC expects 36 percent increase in Q2 sales thanks to Android originally appeared on Engadget on Thu, 29 Apr 2010 04:40:00 EST. Please see our terms for use of feeds.

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We’ve had TiVo firmly on deathwatch since 2005, and although the company’s shares have recently surged with the launch of the TiVo Premiere and another legal victory over Echostar, things are still looking somewhat bleak: the Q4 numbers are in, and everyone’s favorite DVR company just posted a $10.2m loss. Why? For the same reason that’s plagued the company for five damn years now: it’s hard to sign up new subscribers when the cable company offers a similar good-enough product for less money, especially when TiVo can’t access cable VOD. And let’s be brutally honest here: we love TiVo and we’re more than excited to get our Premiere review units, but we don’t think a revised interface is going to stem the tide — almost every feature of the Premiere is available on the TiVo HD, after all. We’ve offered up our suggestions on how to re-energize the company in the past — that new QWERTY remote is a great start — but until TiVo stops playing ball with the same cable companies that actively try and cut it off at the knees and starts going for the jugular with features and pricing, we don’t think things are going to get any better.

TiVo posts $10.2m loss, remains on deathwatch originally appeared on Engadget on Mon, 08 Mar 2010 22:13:00 EST. Please see our terms for use of feeds.

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As everyone knows, Garmin and TomTom have their backs against the ropes in a fight to remain relevant in an age of free GPS turn-by-turn navigation on smartphones (thanks Google and Nokia). While dedicated personal navigators are almost always superior to their converged competition, the gap has certainly narrowed such that it’s become difficult to justify another device when an increasing number of people already carry a fine navigation device in their pockets. But that’s just gut instinct talking, where’s the hard evidence? Certainly not speculative stock prices. A good place to start is in forward-looking financial statements like the one Garmin, the leading navigation device maker in the US, just issued. Gamin says that it expects competition to cause prices to decline by about 10% in the personal navigation device (PND) industry putting pressure on margins, and thus profits, in 2010. It also sees flat or slightly declining revenue over the same period. Fortunately for Garmin, it has a diversified product offering that includes the Nuvifone. However, Garmin admits to being disappointed by sales of the handset that “won” our Editor’s Choice award for Worst Gadget of the Year.

Things aren’t all doom and gloom, though. Garmin has a pair of Nuvifones in the chute including the Android-powered A50. And its Q4 results of $1.43 per share easily beat analyst expectations of 95 cents a share. Even TomTom surprised many last week with a 1% increase in Q4 revenue and net profit of €75 million compared to a €989 million loss a year ago. So there’s some hope left for the dedicated PND market… but not much.

Filed under: Cellphones, GPS

Garmin and TomTom cling to profits, hope originally appeared on Engadget on Thu, 25 Feb 2010 02:44:00 EST. Please see our terms for use of feeds.

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Pretty good news for Nokia today as it announces its Q4 results. Net income jumped 65% to €948 million (on €12 billion in sales) or 26 eurocents per share, from €576 million euros, or 15 eurocents a share, earned in Q4 2008. That handily beat the consensus forecast of 19 eurocents per share. Importantly, Nokia grew its smartphone (or “converged devices” in Nokia parlance) marketshare to a healthy 40%, up from 35% just last quarter. Looking forward, Nokia cautioned that it expects its adjusted operating margin in Devices & Services in Q1 2010 will be at the low end of its 12% to 14% target. At the time of this posting, Nokia stock has jumped about 9% in recognition of these good times.

Nokia grows profits and smartphone share in Q4 originally appeared on Engadget on Thu, 28 Jan 2010 07:00:00 EST. Please see our terms for use of feeds.

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