The scene: a board room. Ominous and shrouded in mystery, all that can be seen is a long, black glass desk and on either side, twelve featureless chairs. In each sits a grumpy old person. The rest of the chamber is a dark, empty void. Out of the abyss a lone man appears, approaching the head of the table. He's adorned in blue jeans, a white dress shirt and a dark blazer.
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 ($15.5 billion over 4 years) to customers at heavily subsidized price points.
The latest unaudited results from HTC for Q4 2011 indicate that total revenues reached NT$ 101 billion (US$ 3.34 billion), a 2.49% drop as compared to the same period in 2010. In stark contrast, Samsung just had a record breaking quarter with profits reaching 5.2 trillion won (US$4.5 billion), almost double the figures of Q4 2010. Samsung's results for Q4 2011 breaks its previous record profit period of 5.0 trillion won (US$ 4.3 billion) from Q2 2010 and is an increase of 22% from Q3 2011.
Google Music is old hat. Sorry, guys - it's true. Streaming? Amazon's Cloud Player and iTunes iCloud both have it. Locker storage? Amazon gives you a decent amount, too - and they might even increase it if they feel Google Music is one-upping them. Purchase options? Apple and Amazon both have more music you can purchase digitally, including titles from Warner Music Group (which Google Music does not have), where many major contemporary artists are signed.
Early this morning (or late last night if you want to get technical), Samsung made its quarterly earnings call, and the company's mobile division is doing quite well - profits are up 38%, thanks in large part to the Galaxy S line of phones.
Samsung managed to sell over 10 million Galaxy S handsets in 2010, comprising roughly a third of all the manufacturer's smartphone sales. Given the Galaxy S's global launch along with its premium hardware and fair pricing, it's no surprise that device has been a big hit.
There was initially some doubt as to whether or not the Motorola Droid 2 actually contained the proper hardware for FM radio. We can safely lay that discussion to rest because, as of today, the developers at XDA have gotten a fully working port of the FM radio app from the Droid X onto the Droid 2.
According to the Wall Street Journal, HTC beat estimates in its Q2 2010 earnings report; with net profits coming in at $268 million for the first half of the year, a 33% increase over 2009. The reason? Probably the fact that HTC is on track to ship over 20 million phones in 2010, a 66% increase over the 12 million they sold last year.
While at first glance these numbers hold little meaning, their implications could be significant.
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.