Tag Archives: earnings

You can’t get enough of T-Mobile.  The nation’s third-largest wireless carrier said it added 1.3 million net new customers in the second quarter, helped largely by the 786,000 new phone customers on a post-paid plan, or who pay at the end of the month. The figure topped at least one Wall Street firm’s expectations.  The …

Netflix has something else to crow about beyond its 91 Emmy nominations. The streaming video service on Monday said it added 5.2 million new customers in the second quarter, up from 1.7 last year. In the US, the company added 1.07 million customers, up from 160,000 a year ago. While the US is still its core market, this quarter marked …

Samsung expects its biggest operating profit ever in the second quarter, thanks to continued global demand for semiconductors and the popularity of its Galaxy S8 flagship phone. The Korean electronics giant said Thursday it expects to record a 72 percent increase in its second-quarter operating profit. Operating profit for the three-month period ending June 30 will be 14 trillion won …

Payment services like Venmo and Square Cash have enjoyed lots of attention from the younger set. Now there’s a new option that’s making a pitch for everyone else. This new peer-to-peer service called Zelle officially launched Monday. Zelle will integrate directly into dozens of mobile banking apps, allowing people to send and request money using their checking accounts for free. …

Now playing: Watch this: Has Netflix gone soft on net neutrality? 1:15 Netflix is ready to wave the white flag when it comes to the war over net neutrality. The Federal Communications Commission and President Donald Trump want to tear down the rules governing an open internet that were put in place under the previous administration. While Netflix has been …

Looks like Twitter and the NFL will be broadcasting partners again after all. Both said Thursday they’re teaming up for new programming on the social network, including a 30-minute show with on-air personalities from the NFL Network who will broadcast five days a week during the season. There also will be behind-the-scenes pregame broadcasts on Twitter and on its Periscope …

Now playing: Watch this: iPhone legal battle may take new, dramatic turn 1:02 Qualcomm could be planning to escalate its legal spat with Apple. The chipmaker may ask the US International Trade Commission (ITC) to ban Apple from importing iPhones into the US, Bloomberg reported Wednesday, citing a person familiar with Qualcomm’s strategy. The possibility comes amid a legal dispute …

Facebook has been facing a torrent of criticism over its slow reaction to murder and suicide videos posted to the site. In response, CEO Mark Zuckerberg on Wednesday said the social network will be hiring an additional 3,000 people to monitor its Facebook Live videos and other problematic posts on the site. We discuss whether that effort will be enough …

Apple CEO Tim Cook blames the iPhone 8 rumor mill for hurting iPhone sales in its second quarter. “It’s that there are more rumors floating and more press articles and mentions of new things, and when that happens, a percentage of people delay,” Cook told Jim Cramer on CNBC’s “Mad Money” Wednesday. No where was that effect more apparent than …

It turns out 1 percent makes for a huge difference. In recent months, Sprint has contended that its overall network reliability is within 1 percent of larger rivals Verizon and AT&T, and actually exceeds T-Mobile, and that you’re better off with one of its plans, which can be as much as half off the competition’s rates. Why pay so much …