THE source for all wireless, all the time
Samsung Posts $6.5 Billion Profit
April 26, 2013 10:00 am | by Ben Munson | News | CommentsSamsung posted a gigantic $6.5 billion in profits for the first quarter of its fiscal 2013, up significantly from the same quarter last year when the company posted $4.5 billion. Overall sales for the quarter tallied $47.6 billion, down quarterly after the holidays but up from the $40.7 billion it posted in the first quarter of 2012.
AT&T Digital Life Launches in 15 Markets
April 26, 2013 9:54 am | by Andrew Berg | News | CommentsAT&T has officially launched its IP-based Digital Life home automation service in 15 markets, with plans to introduce the service in up to 50 markets by the end of 2013. The new service, which was announced last spring and has been trialing in Dallas and Atlanta, will be served up a la carte, depending on which aspects of their...
CTIA's John Walls: My Experience at the Boston Marathon
April 25, 2013 1:33 pm | by John Walls, Vice President of Public Affairs, CTIA | Articles | CommentsLike most of us, I use my wireless device every day—email, text, talk, “surf”. All of the usual stuff. But on the afternoon of April 15, my smartphone was transformed into the most precious and helpful tool I’ve ever needed, giving me invaluable connectivity to the world outside of the chaos surrounding me...
AVG Android App Hits 70M Downloads, Investors Cheer 1Q
April 25, 2013 10:58 am | News | CommentsAVG Technologies, which offers Internet and mobile security, is hitting a chord with Android users. The company said today that its flagship mobile product, AVG AntiVirus Free for Android has surpassed 70 million downloads on Google Play...
First News Briefs for April 25, 2013
April 25, 2013 10:52 am | by Wireless Week Staff | News | Commentspayvia, Inc. today announced impressive growth, winning contracts for its mobile payments platform including online careers community Bright, social video company OnCam and Skype. These new additions join payvia’s client base of digital companies across sectors such as gaming, social media, streaming video, dating, communications and online services.
Qualcomm Sees Big 2Q Revenues, Raises 2013 Guidance
April 25, 2013 10:35 am | by Ben Munson | News | CommentsQualcomm reported $6.1 billion in revenue on $1.06 EPS for the second quarter of its 2013 fiscal year. The jump is revenue represents a 24 percent increase annually and had led the chipset giant to raise revenue and earnings guidance for 2013.
Report: Android Tablets Gaining on iPad
April 25, 2013 10:07 am | by Ben Munson | News | CommentsAndroid tablets are closing the gap on Apple. A new study from Strategy Analytics indicates 17.6 million Android tablets shipped worldwide in the first quarter of 2013 compared with 6.4 million shipped in the same quarter last year. Apple shipped 19.5 million iPads worldwide in the first quarter, compared to 11.8 million in the same quarter last year.
Zynga Reports Lower 1Q Revenue, Shares Fall
April 25, 2013 9:36 am | by Barbara Ortutay, AP Technology Writer | News | CommentsZynga Inc.'s surprise profit in the first three months of the year got overshadowed by a revenue decline, a drop in the number of users and a lower-than-expected second-quarter forecast. The online game maker's stock fell more than 10 percent in extended trading Wednesday after the first-quarter results came out...
Facebook: Audit Finds Privacy Practices Sufficient
April 25, 2013 9:31 am | by Barbara Ortutay, AP Technology Writer | News | CommentsFacebook says that an independent audit found its privacy practices sufficient during a six-month assessment period that followed a settlement with federal regulators. Facebook Inc. said it submitted the findings to the Federal Trade Commission on Monday evening...
Approved: MetroPCS Shareholders OK T-Mobile Merger
April 24, 2013 10:54 am | by Ben Munson | News | CommentsMetroPCS shareholders have voted to approve a merger with T-Mobile. The approval comes after T-Mobile parent company Deutsche Telekom (DT) sweetened the offer by reducing the amount of debt the combined company would shoulder. In a statement, DT CEO René Obermann said “The merger with MetroPCS is extremely important, since it enables us to be more aggressive in the USA.”
Sprint, T-Mo Delay S4 Launch on Inventory Problems
April 24, 2013 10:47 am | by Andrew Berg | News | CommentsSprint and T-Mobile, which had previously announced their customers would get first dibs on the Samsung Galaxy S4, have now said the device will be delayed. In a statement, Sprint said that while it had planned to launch the phone on Saturday, April 27, Sprint was dealing with...
Ericsson Q1 Profits Dive on Restructuring Costs
April 24, 2013 10:26 am | News | CommentsWireless equipment maker Ericsson said Wednesday that a 2 percent gain in sales in the first quarter was not enough to prevent an 86 percent slump in net profit as it booked costs connected with downsizing its Swedish operations. Sales rose to 52 billion kronor...
First News Briefs for April 24, 2013
April 24, 2013 10:25 am | by Wireless Week Staff | News | CommentsRCN Business Services, DAS Communications, LCC International Inc. and Pacific Telemanagement Services (PTS) today announced a partnership that will bring wireless services to urban Boston areas through existing infrastructure, including traditional pay phone booths.
Sprint’s 1Q Losses Narrow, While Customers Jump Ship
April 24, 2013 10:14 am | by Andrew Berg | News | CommentsSprint today reported shrinking first-quarter losses of $643 million, down from $863 million in the same period last year. Revenues from the Sprint platform were up 9 percent annually to $7.1 billion. Subscribers continued to jump ship however, perhaps as they wait to see how the pending merger...
LG Electronics Profit Plunges on Slow TV Sales
April 24, 2013 9:54 am | by Youkyung Lee, AP Technology Writer | News | CommentsLG Electronics Inc. said Wednesday its first quarter earnings shrank to less than one tenth of the year-earlier quarter as its TV business languished, masking a recovery in mobile phone sales. It forecast higher profit for the current quarter as new smartphone models and a revamped lineup of TVs hit shelves in global markets.
