Tag archive: revenue

Last week, HTC cut its revenue forecast for the fourth quarter of 2011 by 23 percent due to increased competition from the likes of Apple and Samsung. However, speaking with Reuters, Chief Financial Officer (CFO) Winston Yung seemed quite optimistic about the future, arguing that HTC's 2012 sales will still be almost double what they were in 2011. The company will also (and this isn't any surprise) announce competitive new models… Read More

Verizon has revealed its third quarter (Q3) results and they aren't bad. According to an official press release, the wireless carrier added 882,000 new contract subscribers for the quarter. According to AllThingsD, the carrier sold 2 million iPhones during the quarter–less than the 2.3 million it sold last quarter and less than the 2.7 million iPhone activations AT&T announced yesterday. Naturally, these numbers are below… Read More

Questions continue popping up around the tech sector on whether companies are worth their valuations. Yet despite the grumblings of another tech bubble, salesforce showed a record revenue in the second quarter of $546 million, up 38 percent since last year. According to the press release, it is the first cloud computing company to exceed $2.1 billion annual revenue run rate and their total customers rose to 104,000, up 21,600 or 26% since last… Read More

There are no flawless victories in mobile. An SEO Analyst and fan of Windows Phone 7 has published some numbers comparing sales of an app on Android and WP7 to see which platform may be a better place for free apps. The app was called Mortal Kombat Tactics and is a guide to the game (not an actual game itself). While Windows Phone performed much better during the first five days of availability with 12,331 impressions compared to… Read More

A couple days ago HTC raced past Nokia to become the world's third-largest phone maker by market value. Today, the smartphone company revealed that sales in the first quarter (three months) of 2011 were double that of a year ago, helping HTC beat estimates for revenue and profit, two things that have investors jumping for joy. Bloomberg notes that strong demand for its Android devices, especially the ThunderBolt 4G, propelled sales. HTC… Read More

HTC has come a long way in the past few years. High Tech Company has been building and selling smartphones roughly as long as Nokia and RIM, but its early and focused embrace of Android has helped it grow to  have a market value 30 times what it was five years ago, reports All Things D. Today, HTC's market cap (the price of its shares multiplied by the number of shares) is $33.9 billion, edging out Nokia's $32.8 billion and… Read More

Twitter is having a cash crisis. After years of doing its own thing, the social network is finally deciding that it's time to make some money. As such, Twitter may add branded pages to its site. Marketing Magazine reports that the pages would work a lot like Facebook Pages, which give brands their own profile page and let them acquire followers and post out updates. CEO Dick Costolo and Adam Bain, president of revenue, are leading the… Read More

During its second press conference today, Nokia elaborated on a number of points related to the Finnish mobile companies adoption of Microsoft's Windows Phone 7 platform. Nokia executives, led by CEO Stephen Elop, clarified the roles between the hardware and software companies and several layers of restructuring that will help Nokia achieve this transition. Below are some highlights of the event, separated by topic. For an initial outline… Read More

With the impending launch of the iPhone on Verizon, many are wondering how many subscribers will swap carriers in the next few months. In its last quarter of iPhone exclusivity, however, AT&T has been making the most of its pedestal. During the last three months, the wireless carrier added a record 2.8 million new subscribers, making it the number one wireless carrier in the United States with more than 95.5 million subscribers. While… Read More

It seems the iPhone can't come soon enough for Verizon. Today, the wireless carrier posted its quarterly results and they were a bit bland for Wall Street. In the last three months, Verizon's revenue fell 2.6 percent from last year to $26.4 billion. According to the NY Times, analysts wanted another $0.08 billion to satisfy their expectations. The company posted a net profit of $2.64 billion, much better than last year's $617… Read More

HTC was the first company to support Google's new Android operating system and its investment has taken the company to new heights. Before Android, HTC rarely produced smartphones under its own name, instead branding most of its phones with wireless carriers. How times have changed. Today, HTC announced that it expects revenue and shipments to more than double in the first three months of 2011 (Q1) thanks to a new slate of devices. The… Read More

If you hate the expanded role of apps in smartphones, the next five years are gonna be brutal. A new study by MarketsandMarkets predicts that the global apps market will swell to about $25 billion in annual revenue by 2015, growing at a compound annual growth rate of 29.6 percent from now until 2014. The growth will mostly come from the high adoption rate of smartphones, proliferation of high-speed 4G services, and falling data costs in the… Read More

It seems only yesterday that Facebook began making any money and now it's already raking in billions. The social networking behemoth will bring in about $2 billion this year, reports Bloomberg. If true, it means the site has more than doubled its 2009 revenue of $700-$800 million and exceeded 2010 estimates by $500 million. Not only is Mark Zuckerberg Time's Person of the Year, he might just be one of the richest as well.… Read More

Well, it's worth a try, right? European mobile operators, whose only job is to provide phone and data services, don't think they should have to pay for their own business expenses. Several operators including France Telecom SA, Telecom Italia SpA, and Vodafone Group Plc are seeking a deal that would require content providers to pay fees tied to how much bandwidth they consume, reports Bloomberg. That means that bandwidth consuming… Read More

Despite a rocky start for Hulu Plus, CEO Jason Kilar is very happy where Hulu is headed. The flash video site is set to bring in $240 million in 2010, doubling its revenue from 2009. Reuters reports that Hulu had 30 million viewers last month and is the second most popular video site on the web; YouTube is still number one. Hulu's most popular content is broadcast television shows from NBC, ABC, and Fox, who each own a portion of the… Read More