Facebook and Instagram may have successfully borrowed a lot of Snap’s designs, but it still has a few tricks up its sleeves. The social networking company, known for its disappearing messages and popularity among teenagers, surprised Wall Street Tuesday when it announced better-than-expected fourth quarter sales of $285.7 million and a daily user count of …
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There is no white knight for Sprint. The nation’s fourth-largest wireless carrier by subscribers spent much of 2017 in preparation for a merger with No. 3 T-Mobile, only for the companies to walk away from the deal in November. It was a shocking development because most in the industry believed the deal made sense, creating a larger combined player to …
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Apple is said to be reducing its order of iPhone X components. According a report in Business Korea, some components for the current topline iPhone model are “estimated to reach zero in the second half of this year.” The phone’s OLED screens, notably, are sourced from Samsung Display, a division of Apple’s archrival in the smartphone sphere. That reinforces earlier …
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Sony’s PlayStation 3 sales stand at around 80 million — which means its successor, the current gen PlayStation 4, will soon surpass it. The Japanese electronics giant sold 9 million PlayStation 4 consoles from October through December, it said on Friday in its latest quarterly earnings report. Sales for the console were at 67.5 million as of Sept. 30 2017, …
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Just how well the iPhone X performed remains a mystery. Still, one thing’s for sure: Apple sold boatloads of iPhones but not quite enough. The Cupertino, Calif., consumer electronics giant said Thursday that it sold 77.3 million iPhones, down 1 percent from a year ago. Bernstein analyst Toni Sacconaghi had pegged the company to sell around 79 million iPhones in …
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As questions about iPhone X demand grow ever louder, Apple gets a chance to set the record straight. Apple on Thursday will report financial results for its fiscal first quarter, which ended in December. The period is typically the company’s biggest of the year because it benefits from the release of the newest iPhones and the holiday season. This time …
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AT&T has never shied away from a fight. The Dallas telecom giant has been in the thick of a long battle with the other national carriers over your business, with each player offering freebies like discounts on that new iPhone or even a year of free service. AT&T, for its part, has offered to bundle HBO into its plans as …
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Get ready to hear more about 5G from Verizon. The company is preparing for the commercial deployment this year of its next-generation wireless network, which will eventually serve as a replacement for broadband internet service. The company is set to spend $17 billion to $17.8 billion this year on capital projects, which includes its work on 5G. 5G has become …
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On the eve of Oscar nominations, Netflix was reveling in its popcorn fare. Netflix cheered its Hollywood-blockbuster flick “Bright,” a fantasy/action film starring Will Smith, as the company on Tuesday reported its best quarter ever for booking new members. “Bright” might have been panned by critics but it got high marks from Netflix execs for boosting membership. The news, hitting …
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Maybe the best way to characterize Netflix’s attitude about price hikes at the moment is that the company has no plans to increase your bill right up until it does. During a video interview about fourth-quarter earnings Monday, Netflix CEO Reed Hastings said the company has “no plans to try to repeat” price hikes “in the near term.” Last year, …
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