Sprint has this morning reported its financial results for the first quarter of 2013, and they show yet another loss for America’s third-largest carrier. The company announced a $ 643 million net loss on $ 8.79 billion revenue, though it did manage to generate a positive operating revenue of $ 29 million.
Sprint sold 5 million smartphones during the period, 1.5 million of which were iPhones.
Sprint added 23,000 postpaid subscribers to [Read More...]
Samsung EVP David Eun, who is currently part of the company’s Open Innovation Center, believes the ongoing litigation between Apple and Samsung is “a loss” to innovation. Eun was probed for his opinion on the subject during an interview today at the D:Dive Into Media conference in Dana Point, California, and although he wouldn’t say much about the ongoing battles between the two consumer tech giants, he made it clear that he [Read More...]
Sprint has today announced its fourth quarter and full year financial results for 2012, and they don’t make for pleasant reading. Despite healthy smartphone sales driven by the iPhone, the carrier reported a loss of $ 1.3 billion for during the three-month period, which is the same figure it lost during Q4 2011. It also saw more than 1 million Nextel subscribers jumping ship.
Sprint did see an increase in revenue of [Read More...]
Verizon has today announced its financial results for the fourth quarter of 2012, which has been its best yet in terms of subscriber growth. The company added 2.1 million new customers during the three-month period, bringing its total number of subscribers up to 98.2 million, with 58% of those customers using a smartphone.
Verizon’s fourth quarter consolidated revenues totaled $ 30 billion for the first time, but the carrier still recorded a [Read More...]
Apple shares took a tumble today, with a over six percent loss, making this the largest stock drop in a single day, making it the biggest one in four years. Analysts and other investors are blaming the sell-off and resulting stock price drop on many factors, including a recent forecast by an influential firm that Google’s Android operating system continues to gain ground, as well as unconfirmed reports that at least one [Read More...]
A study was presented at the 116th annual meeting of the American Academy of Ophthalmology yesterday that shows the benefit of backlit tablet computers like the iPad help patients with vision loss due to eye diseases read at a comfortable level again.
The study looked at all backlit tablets, scoring the iPad highest in terms of helping readers with low vision due to conditions like macular degeneration or diabetic retinopathy read at [Read More...]
A peculiar bug that’s impacting some iPhone 5 users leaves the iPhone unable to find a signal and rejoin a 3G/4G network after leaving an area with EDGE or no service. Despite being in a location with adequate cell coverage, the iPhone will just report “No Service”. This is most likely a software issue with iOS 6, and for the time being the two possible solutions are [Read More...]
Trying to sell one of these? You’re not the only one.
Apple’s lengthy battle with Samsung came to a close last Friday when a jury decided Samsung was guilty of infringing six of Apple’s patents, and that it must pay more than $ 1 billion in damages as a result. Not only was this a huge blow to Samsung, but it appears it’s also hit the Korean company’s customers, too.
One used [Read More...]
Is it time to retire game consoles? That’s the question buzzing around in the wake of Nintendo announcing its first yearly loss, forcing a downgrade of the 3DS future. The creator of Super Mario said it lost $ 575 million (45 billion yen), surprising experts forecasting a $ 52 million (4.2 billion yen) deficit. The unspoken push over the precipice: the iPad and iTunes App Store games. Coming just a day [Read More...]
Verizon Wireless swung to a $ 2 billion loss, despite higher data revenue and doubled iPhone sales. Increased interest in the Apple smartphone was a double-edged sword. Higher iPhone demand resulted in steeper subsidies paid by the second-largest domestic carrier during the fourth quarter. In a corporate version of a Tale of Two Cities, Verizon announced higher iPhone sales, higher wireless revenue, but lower profit. Spurred by iPhone sales during the [Read More...]
