Alphabet reported today in its annual earnings call that the company's fiscal Q4 was a bit of a dismal one, owing to a decision to provision a new tax on foreign assets ahead into the 2017 fiscal year. Basically, Google took a $9.9 billion tax hit in the last quarter of 2017, dramatically lowering the effective net income the company earned for the whole of the fiscal year.
Google lost $3 billion in Q4, but for 2017 overall, it managed net income of $12.7 billion on revenues of $110.8 billion. While net income is down versus 2016 ($19.5 billion), revenues are way up - around 23%. Read More
Assa Abloy, the world's largest lock and access company, already sells smart home products through its Yale brand (one of the world's most recognized lock makers), but now it wants to expand that part of the business. And that's exactly what it's doing, with the announcement of a deal to purchase fledgling US smart lock firm August Home, known for its smart locks and doorbells with cameras. Read More
Remember when everyone thought tablets would replace PCs, at least for average consumers? Yeah, that didn't happen. In fact, the opposite is happening. In a report from the International Data Corporation (IDC), worldwide tablet shipments in Q1 2017 have dropped 8.5% compared to Q1 2016, with just 36.2 million devices shipped. Read More
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. Read More
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. Read More
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.
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.
Official description: Yahoo! Finance, the Web's #1 Finance site, is now available on your Android phone. Read More
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. Read More