Articles Tagged:

financial

6 articles
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WSJ: Sprint's Spectrum Holdings May Be Too Sparse To Keep Up In The LTE Arms Race

Just last week, Sprint finally lit up its LTE network. Not before selling a number of LTE-equipped phones, however. If you were worried about Sprint's ability to keep up with the big dogs in the race to expand LTE coverage, the WSJ has some comforting words for you. Wait, did I say "comforting"? I'm sorry, I meant worrying. Very, very worrying.

The long and short of it is, Sprint simply doesn't seem to have enough spectrum to keep up. The initial LTE rollout covered 15 markets, compared to Verizon's 330 and AT&T's 47. Despite the rather distant third-place position, Sprint hopes to have coverage in all areas by the end of 2013.

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Sprint Loses $1.3 Billion In Fourth Quarter, But Gains 1.6 Million Subscribers

Sprint posted its fourth quarter earnings this morning, and they definitely painted a mixed picture of the company's financial position. On the one hand, the Alamo of unlimited data increased its subscriber base by 1.6 million in the last quarter, with big thanks likely owed to the addition of the iPhone to Sprint's lineup - giving them a significant advantage over their primary price point rival, T-Mobile.

Unfortunately, also because of the iPhone, the company managed a $1.3 billion net loss for the quarter, owed in large part to the massive cost of providing the device ($15.5 billion over 4 years) to customers at heavily subsidized price points.

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[Giveaway Of 20x Pro Licenses] App Review: Keep Your Car In Check With aCar For Android

In this day and age, it’s increasingly difficult NOT to become at least a little interested in the small (or maybe not so small) charges that you incur on a regular basis. With gas prices soaring, tracking your vehicles fuel economy has become a regular practice for many consumers, myself included. It can be hard, though, to maintain a database of all your mileage information and aggregate this data in a pleasing and useful way.

Update by Jaroslav (11/2/10):

In light of the new version of the app (2.3.0) as well as aCar's first birthday that is coming up on November 5th, we thought we'd update the review with a roundup of the new features and throw a giveaway of 20x aCar Pro licenses.

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Official Yahoo Finance Application Now Available In The Android Market

Take a look at what I found in the Android Market this morning when I was doing a casual sift through the swamp of garbage that the Market is today. It's the official Yahoo Finance app - an app that trails behind Google's own super popular Finance app by over a year. Of course, the more the merrier, and Yahoo is a huge player in the finance world with its Yahoo Finance site, so I downloaded it to take a look.

Yahoo! Finance

Official description: Yahoo! Finance, the Web's #1 Finance site, is now available on your Android phone.

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Sony Ericsson Reports Q1 2010 Results, Posts First Profit Since Q2 2008 Thanks In Part To Android

Sony Ericsson, a well known mobile arm of the Japanese company Sony Corp and Swedish Ericsson, posted its first profit in years, following a cost-cutting measure and introduction of new phones to the market, including the XPERIA X10 - its first Android based device.

Profits for Q1 2010 were EUR21 mil, compared to a loss of EUR293 mil a year ago.

In mid-2008, Sony Ericsson started a transformation program with the aim of reducing annual operating expenses by EUR880 mil. It is continuing with the full benefit expected during the second half of 2010. Since the start of the program, Sony Ericsson has laid off approximately 3,150 people to reach a total of 8,450 by March 31, 2010.

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HTC Announces Q1 Financial Results, Blows Past Everyone's Expectations

HTC, an increasingly popular smartphone maker and the single biggest player in the Android business, just announced its financial results for the first quarter of this year, and they simply couldn't be any better.

Q1 2010 Financial Results

Revenues rose 19.3% year-over-year to NT$37.7 billion (US$1.2 billion) from NT$31.59, blowing way past the analysts' forecasts of NT$32-34 billion and even HTC's own expectations.

Net profits rose 3% year-over-year to NT$5.03 billion (US$158 million) from NT$4.88 billion.

Sales rose 33% compared to the same quarter a year ago.

HTC's shares are trading at NT$401.50 this morning, +5.38% from last night's close of NT$381 (morning Taiwanese time that is, it's 8PM Pacific here).

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