Superstorm Sandy and mounting pension costs took a toll on Verizon. The New York telecommunications provider posted a fourth-quarter loss of $4.22 billion, or $1.48 a share, compared with a year-ago loss of $2 billion, or 71 cents a share. The results were affected by costs associated with Superstorm Sandy, which devastated the Northeast region …
Read More »Roger Cheng
Verizon: We sold 6.2M iPhones in the fourth quarter
Verizon Wireless activated 6.2 million iPhones in the fourth quarter, according to Chief Financial Officer Fran Shammo. A vast majority of the remaining 3.6 million smartphones activated in the period were Android devices, Shammo said during a conference call with analysts today following the release of the company’s fourth-quarter earnings report. Related stories When Does My Phone Unlock? And How …
Read More »Motorola’s $353M Q4 loss weighs on Google results
Google’s Motorola unit continues to struggle, posting a loss of $353 million in the fourth quarter and besmirching the Internet giant’s other profitable results. Excluding one-time items, the unit posted a loss of $152 million. A year ago, when Motorola was still an independent company, it posted a net loss of $80 million and an adjusted profit of $61 million. …
Read More »Samsung’s secret weapon in the mobile wars: Tizen
You’ve probably never heard of Tizen, but the companies behind it are some of the most recognizable brands in the tech industry. Tizen draws its heritage from the likes of Nokia and Intel through their aborted MeeGo initiative, as well as Samsung Electronics, Verizon Wireless, and Vodaphone through the LiMo Foundation. Now it’s under the direct control of Samsung and …
Read More »Samsung Galaxy Note 8.0 may pop up in February
Samsung Electronics may add another member to its already large family of tablets. The company is set to unveil the Galaxy Note 8.0, possibly next month at the Mobile World Congress conference, according to self-described “fansite” SamMobile, which did not cite sources for the information. Related stories Best Samsung Galaxy Z Flip 4 Cases TV in the Bathroom: Technically Doable …
Read More »In iPhone vs. Galaxy battle, Apple still way on top
Despite the doom and gloom talk surrounding Apple, its iPhone franchise has still vastly outsold Samsung Electronics’ own Galaxy lineup. That’s according to Raymond James analyst Tavis McCourt, who compiled the cumulative sales of the iPhone 4, 4S, and 5 and stacked them against the Galaxy S and Galaxy Note smartphones. In total, Apple outsold Samsung 219 million to 131 …
Read More »AT&T eyes international expansion for growth
AT&T is interested in buying a European carrier for growth, according to the Wall Street Journal. With the U.S. market about to get more competitive, AT&T is looking at markets in Europe where it can upgrade technology and roll out new services and pricing strategies, the Wall Street Journal said, citing unnamed sources. It reported that AT&T is studying potential …
Read More »BlackBerry 10 L
The first BlackBerry 10 smartphone will feature specifications that are comparable to the competition’s. Tech news site Techradar apparently got the details through official training documents from Research In Motion. Related stories Best Password Manager to Use for 2022 Your Phone Screen Is Gross. Here’s How to Clean It Without Causing Damage Spending All Night With the First iPhone Kanye …
Read More »Nexus 4 reportedly heads to T
T-Mobile USA’s retail stores are set to carry the hard-to-find Nexus 4, according to TmoNews. The Nexus 4, initially sold unlocked as well as with T-Mobile, had been hit with supply issues as consumers gravitated toward this latest marquee smartphone from Google. Related stories Best Home Security Cameras of 2022 Here’s How to Turn Your Old Android or iPhone Into …
Read More »Wireless trade group CTIA to drop one conference
Wireless trade group CTIA said today that it will go from two shows a year to a single conference in the fall starting in 2014. The group, which is primarily focused on the U.S. wireless industry and includes carriers, handset manufacturers, and other related companies, has traditionally held two shows each year: a larger main show in the spring and …
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