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PC shipments plummeted 13.9 percent during the first quarter of 2013 as compared to the same period of time last year, even more than the expected decline of around 7.7 percent. The International Data Corporation released its Worldwide Quarterly PC Tracker data today, and reports that these numbers are the worst quarter ever, since the IDC began tracking the [Read More...]
Samsung has today announced its estimated earnings for Q1 2013, and it looks like the Korean electronics giant is set for another record quarter, exceeding Wall Street expectations. The company has forecast a 53% rise in profit to 8.7 trillion won ($ 7.7 billion) for the three-month period between January and March, driven by smartphone sales.
Samsung’s estimate was better than the average forecast for 8.3 trillion won ($ 7.3 billion) in [Read More...]
The consensus on Wall Street seems to be unanimous: for the first time in decade, Apple will report lower income this quarter than it did the year before. But don’t panic: even Wall Street doesn’t think Apple’s era of profitability and innovation is at an end.
Fortune reports that the current consensus on Wall Street is that Apple’s estimated earnings per share for Q1 2013 will be around $ 10.18, down [Read More...]
Ad impressions reached a record high during the fourth quarter of 2012, according to data from Opera’s latest State of Mobile Advertising report, with revenue to publishers more than twice that of any previous quarter throughout the year. The figures show that Android continues to increase its share of the market, but it’s got a long way to go before it topples iOS, which boasts a whopping 41.91% [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...]
Following Verizon and Apple’s quarterly earnings reports, AT&T has just released their numbers for the last quarter, and the iPhone 5 made it another banner period for Ma Bell: they activated 8.6 million iPhones last quarter, with 16% going to new AT&T customers.
Here’s the breakdown of AT&T’s numbers this quarter:
• $ (0.68) diluted EPS in the fourth quarter compared to $ (1.12) diluted EPS in the year-ago period. Excluding [Read More...]
Apple will announce its quarterly earnings for the 2012 holiday season tomorrow, and investors are nervous. The company’s stock has been on quite the roller coaster ride since its $ 700 high back in September 2012. AAPL is now trading right around $ 500, which is the lowest it has been in more than six months.
Recent reports have said that demand for products like the iPhone is faltering. That’s [Read More...]
Apple will announce its quarterly earnings for the 2012 holiday season tomorrow, and investors are nervous. The company’s stock has been on quite the roller coaster ride since its $ 700 high back in September 2012. AAPL is now trading right around $ 500, which is the lowest it has been in more than six months.
Recent reports have said that demand for products like the iPhone is faltering. That’s [Read More...]
Microsoft’s new tablet, the Surface, is supposed to make the iPad and MacBook Air irrelevant. It’s supposed to be the best of both worlds by being a tablet/laptop hybrid. Reviews of the Surface have been mixed, and initial sales reports are indicating that Surface RT might be in trouble, because no one is buying it.
According to new research by the Boston-based brokerage firm Detwiler Fenton, Microsoft is likely to sell fewer than [Read More...]
Microsoft’s new tablet, the Surface, is supposed to make the iPad and MacBook Air irrelevant. It’s supposed to be the best of both worlds by being a tablet/laptop hybrid. Reviews of the Surface have been mixed, and initial sales reports are indicating that Surface RT might be in trouble, because no one is buying it.
According to new research by the Boston-based brokerage firm Detwiler Fenton, Microsoft is likely to sell fewer than [Read More...]
