Apple may be grappling with a case of iPhone fatigue — but it’s still getting people to shell out more money for the phones they do buy. The Cupertino, California, company on Thursday said it didn’t sell as many iPhones as analysts expected, and it projected lackluster revenue results for the December quarter. Apple also …
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Apple just made it a little trickier to figure out how well its iPhones are selling. Apple Chief Financial Officer Luca Maestri said Thursday on a conference call with financial analysts that the company will no longer offer unit sales data for iPhones, iPads and Macs starting in the next quarter. The company will instead focus on the revenue generated. …
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Spotify wasn’t spectacularly unprofitable in the third quarter. And it has a big Chinese streaming service to thank for that. The world’s biggest subscription streaming music service by members, Spotify routinely reports wide losses in the hundreds of millions of euros, primarily because royalties eat up the majority of its revenue. But its latest three-month period was the exception, thanks …
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Sprint is in the midst of a “lame duck” session as it awaits a takeover by bigger rival T-Mobile. And it’s been keeping itself busy with an upgrade to — what else? — 5G . The smallest of the four national wireless carriers, which earlier this year struck a deal to be acquired by T-Mobile to create a larger No. …
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T-Mobile will almost certainly take the checkered flag for wireless growth this quarter as consumers continue to flock to the Un-carrier. The nation’s third-largest wireless carrier said it added 1.6 million net total customers, with 774,000 critical postpaid phone subscribers, or customers who pay at the end of the month. Verizon added 295,000 such customers, while AT&T nabbed 69,000 customers. …
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The boost Amazon received from Prime Day wasn’t high enough to vault the retail giant over Wall Street’s expectations. Amazon said Thursday that its third-quarter revenue jumped 29 percent, to $56.6 billion, helped by a take from its annual Prime Day sale that RBC Capital Markets estimated at $2 billion. Amazon’s increased revenue still fell shy of the $57.1 billion …
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AT&T’s transformation into a media company isn’t going to be easy. The telecom provider, which has placed big bets in media with its acquisition of DirecTV and Time Warner, posted a mixed bag in its third-quarter results, with a strong showing from its rebranded WarnerMedia segment but also a loss of traditional television customers. WarnerMedia saw revenue rise 6.5 percent …
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On this podcast, we talk about: Cutting through the 5G hype. Pixel 3’s computational photography chops. Netflix’s blowout subscriber growth in the last three months. The 3:59 gives you bite-size news and analysis about the top stories of the day, brought to you by the CNET News team in New York and producer Bryan VanGelder. Check out the extended shows on YouTube. …
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On this podcast, we talk about: CNET’s review of the new Microsoft Surface Go tablet. T-Mobile‘s latest strong quarter of customer growth. The huge demand for the Nintendo NES Classic mini-console. Now playing: Watch this: Microsoft’s low-cost Surface Go isn’t actually that cheap… 4:58 The 3:59 gives you bite-size news and analysis about the top stories of the day, brought …
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Once again, T-Mobile took the pole position when it comes to smartphone wireless customers. The carrier added a total of 1.6 million net new customers in the second quarter, a number that includes 686,000 so-called postpaid phone customers. The company said it has led the industry for 18 straight quarters in that key metric. T-Mobile’s continued dominance comes amid the …
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