China’s smartphone market has contracted by 4% YoY (Year on Year), in the first quarter of 2015 with 98.8 million units as opposed to the same time frame last year. This is the first time in six years that the Chinese market has declined YoY.
Canadian smartphone manufacturer, BlackBerry, announced its financial results for Q1 2015 earlier today. The results while not entirely positive, prove to be marginally encouraging.
BlackBerry has managed to stem its losses for the most part. Revenues were $966 million which is a 1% drop Quarter on Quarter. The revenue breakdown can be explained as 39% towards hardware, 54% towards services and 7% for software. The company has a cash and investments balance equivalent to $3.1 billion which is up from $2.7 billion in the previous fiscal. The company has managed to reduce operating expenses by 57% year on year. Continue reading “BlackBerry announces 2.6 million smartphones sold as part of Q1 2015 earnings report”
BlackBerry has been facing tough times the last few quarters owing to less than stellar hardware offerings and a lack of consumer interest. Even with BlackBerry 10, the company has hardly managed to stem the tide. The company’s bread and butter has been the Bold and Curve lines and as a sign of the times, both the lines have finally stopped being the volume sellers they used to be. The Canadian smartphone manufacturer has reported fourth quarter losses of $423 million. Continue reading “BlackBerry posts Q4 2014 results, Reports losses of $423 million”
HTC just published its financial reports for the third quarter of 2014 and has unfortunately reported yet another decline in sales. The company reported revenues of NT$42.9 billion. This is a substantial year on year drop from the NT$60 billion reported in Q4 2012. The 28% drop amounts to a drop of about USD 0.6 billion YoY in terms of revenue.
HTC’s operating margin was reported as -3.7 percent with a quarterly profit of NT $0.31 billion. HTC has forecast even lower revenue for Q1 2014. The company expects to make about NT$35 billion in the first quarter of 2014. This can be accounted to the lack of new launches especially in the upper end segment. We reported earlier that HTC plans to make a broader push towards strengthening their lower and mid range product portfolio. Continue reading “HTC reports Q4 2013 financial results, revenue drops to NT$42.9 billion”
Ever since the introduction of the Smartphones in the mobile industry, we have been witnessing nothing but growth. The category was all set to replace the common mobile phone and the mid point of this transition was noticed sometime last year, with us seeing Smartphones outshipping the feature phones for the first time. The trend continued throughout the year and apparently history was made last year, with smartphones surpassing a billion shipments for the first time. This is after the holiday quarter, which has provided the necessary boost, with almost 284 million shipments. Head past the break for more information.
LG, a company which was known to be struggling in the mobile industry just a few years back, has posted strong results for the fourth quarter of 2013 today. It has been a grand revival of sorts for the company which has seen great releases last year in the LG G2 and the Google Nexus 5. Incidentally, LG confirms that these exact two devices have contributed massively to the improvements in its mobile revenue over the quarter as well as over the year. The numbers for QoQ increase in revenues are 18% – 3.38 bn USD, while yoy numbers are more encouraging at 29% – 11.85 billion USD. LG has quickly become one of the more interesting Android OEMs in the recent times and the numbers clearly reflect that.
It is the results season, and every company has been relentlessly working on posting its numbers for the investors to analyze, and HTC is no exception. They have just revealed their complete audited performance numbers for Q2 2013 today. With the HTC One doing well, the revenue has increased, so has the profits, but that hasn’t stopped the company from expecting to post its first losses ever, from 0 to 8%, in the next quarter. The low impact of mid range devices from HTC are to be blamed as the company repeatedly ensured that it will have renewed focus on that specific market segment.
Nokia just published it’s Quarter 2 2013 results and posted an operating loss of EUR 115 million over revenues of Eur 5.695 billion. The device and services division in particular had losses to the tune of Eur 33 million which is below than expected. The Nokia Siemens (NSN) division made Eur 8 million over the last quarter which helped offset losses from other arms of the Finnish company. We also recently saw that the Nokia Lumia 520 has risen to the position of being the most popular Windows Phone in the world, and had hoped that it reflect positively on the results. Looks like it has indeed happened with them announcing a grand total of 7.4 million units of Lumia smartphones sold this quarter, which is up from 5.6 million last quarter.
Blackberry manufacturer, RIM, today announced its third quarter earnings report. The company has reported losses of $114 million which is equivalent to $0.22 per share. Revenues were $2.7 billion during the quarter ending December 2012. The company has once again managed to beat analyst predictions who estimated losses to to the tune of $0.35 per share.
Nokia today declared an operating loss of 487 million euros in Q2.The company managed to ship 88.5 million phones in the quarter and had net sales of 9.3 billion euros but the handset maker is struggling to make a profit.Looks like Nokia CEO Stephen Elop has some tough days ahead of him.
Today at Google I/O conference, Google officially unveiled Google Music, Android 3.1 and Google Movies. Whenever Google get a chance to tell people about their Android sales, they don’t miss the chance and we are always waiting to hear from them. Continue reading “Google: More than 400,000 Android devices are activated daily”
If you were thinking that Android and iPhone has killed the Blackberry, then you are wrong because Blackberry is showing some strong Q2 results. RIM has announced that a record 12 Million Blackberry devices were shipped during Q2. Most of us were thinking that Blackberry is Continue reading “RIM strong second-quarter results, bring $4.62 Billion in revenue”
Another amazing quarter for Apple Inc thanks to great sales of the iPhone, iPad and Macs.The company reported a 78 percent increase in earnings . iPad sales have not had a negative impact on Mac or iPhone sales. Surprisingly iPod sales have decreased but iPod touch sales are up and Apple has close to USD 47 billion cash in the bank !
Good news from Blackberry maker RIM today as they announced higher than expected revenue for the quarter ended November 2009. They have sold 10 million Blackberries in one single quarter which is amazing considering the economic climate. What recession ? Their revenue was up 11% over the last quarter and 41% over the same quarter last year ! Continue reading “RIM sold 10 million Blackberries in Q3 2009”
Getting exams results only with a few steps is now made possible with the collaboration of IMImobile and National Network Education (NNE).This move has been initiated by National Network Education that has several online portals, providing results of several, central and regional, exams under a single place i.e. its web portal.
NNE have now went one step ahead by collaborating with a 2 way SMS service provider – IMImobile using which any student can request their marks by just sending an SMS – ‘RESULT’ to 56263. Continue reading “Now Easily Get your Exam Results Via SMS”