FirstNews
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.
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...
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...
AT&T Grows Margins Despite Record 1Q Smarpthone Sales
April 23, 2013 5:52 pm | by Andrew Berg | News | CommentsAT&T Mobility managed to grow its margins even as it reported a first-quarter record of 6 million smartphone sales. On $16.6 billion in total wireless revenues, $5.1 billion of which was from mobile data, AT&T Mobility managed wireless operating income margins of 28 percent...
Apple’s 2Q Beats Street With Revenues Up, But Profits Down Annually
April 23, 2013 5:48 pm | by Ben Munson | News | CommentsEven coming off the most profitable quarter in tech company history, Apple still has earned a crooked gaze from Wall Street thanks to Apple’s stock falling 43 percent from its all-time high from September 2012. But Apple’s 2013 second quarter managed to beat the street with $43.6 billion in revenue on $10.09 EPS. That’s compared with estimates of $42.3 billion in revenue in $9.97 EPS, according to FactSet.
Aereo Brings Service to Boston
April 23, 2013 11:01 am | by Andrew Berg | News | CommentsAfter a big win in the appelate courts, Aereo today said it will bring its live streaming of the broadcast networks to mobile devices in the Boston area. According to a press release, consumers who have pre-regesitered with Aereo will receive an invitation to join the service beginning May 15...
First News Briefs for April 23, 2013
April 23, 2013 10:28 am | by Wireless Week Staff | News | CommentsT-Mobile USA, Inc. today announced the appointment of Drew Kelton to the newly created role of executive vice president of Business Markets, reporting to president and CEO John Legere; Openwave Messaging, Inc. has joined the Open Mobile Alliance (OMA), an industry forum for developing market driven, interoperable mobile service enablers; and more.
Sprint Launches New Enterprise Services
April 23, 2013 10:14 am | by Ben Munson | News | CommentsSprint today launched a number of new services geared toward the enterprise, addressing WAN limitations and BYOD. Data Link rolls out on Sprint 3G and LTE networks and provides enterprises with private network coverage. The 99.9-percent service level agreement Data Link supports smartphones, tablets, laptops, M2M applications, hotspots and mobile broadband cards.
In Wake of Aereo Decision, CBS Invests in Syncbak
April 23, 2013 10:09 am | by Andrew Berg | News | CommentsCBS today announced a strategic minority investment in Syncbak, a mobile company that aims to bring live TV to the small screen. Financial details of the investment were not immediately available. Syncbak says it offers broadcast networks a seamless solution to replicate existing national...
Ahead of the Bell: Analysts See iPhone Sales Down
April 23, 2013 9:34 am | by Associated Press | News | CommentsApple Inc. is set to report fiscal second-quarter results after the market close Tuesday, and analysts expect to see the first quarter ever in which iPhone sales declined. The launch of the first iPhone in 2007 set off a boom in smartphone sales...
RadioShack Misses and Shares Slump
April 23, 2013 9:29 am | by Associated Press | News | CommentsRadioShack's first-quarter loss widened to $43.3 million as demand for electronics at the beleaguered retailer continues to decline. Even measured against the diminishing expectations of analysts that follow the company, revenue numbers were particularly bad, and shares slumped more than 7 percent before the opening bell...
Cricket Rolls Out New Family, iPhone Plans
April 22, 2013 10:44 am | by Andrew Berg | News | CommentsPrepaid carrier Cricket today annoucned a new family plan discount, as well as a revamp of plans for the iPhone. As part of the family plan discount, consumers will essentially get $10 off the $50 smartphone plan when they activate 2 lines. The $50 smarpthone plan includes 1GB of data...
Canadian Tire Taps BlackBerry for Smartphone Needs
April 22, 2013 10:30 am | by Andrew Berg | News | CommentsBlackBerry 10 Smartphones To Be Deployed Across Canadian Tire's Family of Companies. BlackBerry can count Canadian Tire Corporation as the latest enterprise customer to purchase its new Z10 and Q10 BlackBerry 10 smartphones.
LG Display Logs Small Profit in Q1
April 22, 2013 10:14 am | by Youkyung Lee, AP Technology Writer | News | CommentsSEOUL, South Korea (AP) — South Korean panel giant LG Display Co. said Monday that it logged a small profit in the first three months of the year, reflecting slackening orders from its key client, Apple Inc., during a typically slow period for consumer electronics.
First News Briefs for April 22, 2013
April 22, 2013 10:11 am | by Wireless Week Staff | News | CommentsShipments of sub-US$250 low-cost smartphones will grow from 259 million in 2013 to 788 million in 2018, according to recent Market Data from market intelligence firm ABI Research. Mid (sub-$400) and high ($400+) cost smartphone shipments are expected to grow from 635 million to 925 million over the same period.
Former Google CEO Shares Vision in Tech Treatise
April 22, 2013 9:59 am | by Michael Liedtke, AP Technology Writer | News | CommentsSAN FRANCISCO (AP) — Some illuminating books already have been written about Google's catalytic role in a technological upheaval that is redefining the way people work, play, learn, shop and communicate. Until now, though, there hasn't been a book providing an unfiltered look from inside Google's brain trust.
