Tag Archives: earnings

iPhone X is the best

While rumors of the next generation of iPhones continue to proliferate, it was Apple’s current lineup, including the $1,000 iPhone X, that captured most of the attention this week. On Tuesday, CEO Tim Cook announced that Apple earned nearly $150 billion in revenue and $34 billion in earnings for the first half of the company’s …

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When it comes to Apple’s iPhone X sales, Wall Street got it wrong

Turns out the iPhone X isn’t too pricey after all. That’s one major takeaway from Apple’s earnings report Tuesday. The company, which many feared would report dismal iPhone sales and offer a soft sales forecast for the current quarter, ended up surprising just about everybody — even Apple executives.  iPhone unit sales, while not soaring, held their own. They rose …

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Our first impressions of the LG G7 ThinQ (The 3:59, Ep 395)

On this podcast, we talk about: A look at the new LG G7 ThinQ phone. Apple’s latest earnings, which proved critics wrong that iPhone sales were slowing down. At its F8 conference, Facebook introduces a new dating feature. Now playing: Watch this: Our first impressions of the LG G7 ThinQ (The 3:59, Ep… 4:40 The 3:59 gives you bite-size news …

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Could T

T-Mobile’s success could undo its $26 billion bid to buy Sprint. The Seattle-based mobile carrier continued a run of adding new customers, saying on Tuesday it had grabbed 617,000 postpaid phone subscribers in the quarter that ended in March. Postpaid subscribers are customers who pay their bills at the end of the month.  The growth was greater than that of …

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Amazon’s sales surge as possible Trump backlash looms

With six tweets three weeks ago, President Donald Trump threatened many of the massive gains Amazon has enjoyed throughout its 24-year history. After repeatedly calling out Amazon’s partnership with the US Postal Service — claiming the e-commerce giant was underpaying for shipments and engaging in a “scam” — he ordered a review of USPS finances and operations. The fusillades against …

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AT&T adds customers as the courts decide Time Warner deal

The fate of the AT&T — and potentially all media deals — is in the hands of a judge on the US District Court for the District of Columbia.  It’s in the courtroom of Judge Richard Leon that AT&T and Time Warner are battling with the Justice Department over their right to merge, bringing together one of the largest telecom …

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Verizon sees slowdown as it wrestles with Justice Dept. probe

For Verizon, no news is bad news when it comes to customer growth.  After a flurry of promotional activity in 2017, which saw the return of unlimited data plans in a big way, as well as media bundles like free Netflix for T-Mobile subscribers and HBO Go thrown into AT&T wireless plans, US wireless carriers backed down with fewer discounts …

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Netflix hits 125 million subscribers worldwide

Netflix’s march to worldwide domination is tramping along.  The streaming video service hit 125 million members in its first quarter, the company said in a better-than-expected earnings release Monday. The blowout quarter comes at a time of heightened annoyance at Netflix among some in the traditional filmmaking industry. Last month, Steven Spielberg said movies that have mere “token” theatrical runs …

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T

Given T-Mobile’s track record, there’s no surprise that it’s led the industry in growth. The question is how it will keep the engine going at the same pace. The fourth-quarter report for the nation’s third-largest wireless carrier included a forecast for branded postpaid net customer additions of 2 million to 3 million, down from 2017’s 3.6 million tally. T-Mobile has …

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Twitter’s fourth

There are millions of fake accounts tweeting, retweeting and liking many of the most high-profile accounts on Twitter. So what is the company going to do about it? The issue’s been bubbling under the surface at Twitter for years, but was brought to the forefront last month by The New York Times, which uncovered companies that make their money by inflating …

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