Sony Ericsson today reported its Q4 Fiscal Year 2011 results. Its last quarter before merging with Sony saw a loss of €247 million (about US$317 million) due primarily to “intense competition, price erosion and restructuring charges.” If there is a silver lining in the announcement, it is the 65% growth in Xperia smartphone quarterly sales compared to a year ago. […]
Financial results
RIM announces Q3 FY12 results
Research In Motion today announced its Q3 results for fiscal year 2012. Revenues came in at US$5.2 billion, up 24% from US$4.2 billion in the previous quarter but down 6% from US$5.5 billion in the same quarter of last year. It shipped 14.1 million BlackBerry smartphones (meeting its revised Q3 guidance), up 33% from the previous quarter, and 150,000 BlackBerry […]
RIM to miss Q3 estimates due to poor PlayBook sales
Research In Motion today warned that it will miss its Q3 and full-year estimates due poor PlayBook sales. It now expects to lose US$485 million this quarter due to “several factors, including recent shifts in the competitive dynamics of the tablet market and a delay in the release of the PlayBook OS 2.0 software.” RIM sold approximately 150,000 BlackBerry PlayBook […]
HTC cuts sales forecast citing increased competition
HTC surprised many yesterday by cutting its Q4 revenue forecast to show no growth over the same quarter a year ago. It had originally forecast sales up to NT$135 billion (US$4.4 billion) but now expects them to fall around NT$104 billion (US$3.4 billion). It will be the first time in two years that HTC’s revenues have not grown quarter-on-quarter. HTC […]
WIND Mobile tops 350,000 subscribers
The latest Orascom Telecom financial results have once again given us an update on how WIND Mobile is doing in Canada. According to its Q3 report, WIND Mobile displayed “tremendous subscriber growth compared to 3Q 2010,” recording an increase of 156%. It now has 358,000 subscribers. It added 41,000 new customers in the last quarter alone. WIND Mobile’s ARPU (Average […]
HTC ships 13.2 million handsets in Q3 2011
As part of its Q3 2011 financial results, HTC announced that it shipped 13.2 million handsets in the quarter. This is an impressive 93% increase over the same quarter a year ago. This translated into NT$136 billion (US$4.5 billion) in revenue (a 79% increase over the same quarter a year ago) and after-tax profits of US$624 million (a 68% gain […]
RIM announces Q2 fiscal 2012 financial results
Research In Motion today announced its Q2 fiscal 2012 financial results. Revenues for the quarter came in at US$4.2 billion, down 15% the previous quarter and down 10% compared to the same quarter a year ago. It shipped about 10.6 million BlackBerry smartphones and approximately 200,000 BlackBerry PlayBook tablets (compared to 500,000 units shipped in the previous quarter). “We successfully […]
WIND Mobile now has 317,000 subscribers
Orascom Telecom yesterday announced its financial results for the first half of 2011. The company, which provides financial backing for WIND Mobile, now has over 105 million subscribers WIND Mobile contributed some 317,000 of those. Second quarter indicators show continued strong customer acceptance across different market segments, increasing WIND Mobile’s active subscriber base by 17% in Q2 2011 and reinforcing […]