Tag Archives: finance

Preordering is broken, and here’s how to fix the system

If you’re not happy with how the iPhone X preorder launch went, you’re not alone. Twitter, Reddit and other social media forums were full of complaints from the moment Apple’s preorders opened (or, for some people, failed to open) on Oct. 27. Websites and apps stalled, crashed or hung; shopping carts mysteriously reset themselves; partner …

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Amazon’s bet on groceries, drones and films can’t dent profit

No, Amazon isn’t quite done growing. The biggest online retailer in the world managed to blow away Wall Street estimates for its latest quarter, thanks again to sharply higher revenue (hello, Prime Day!) and its superbly profitable Amazon Web Services cloud-computing business. That the company can post a higher profit despite its huge investments in international markets, drone deliveries, new …

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Sprint sees glimmer of comeback as merger deal nears

Sprint is hoping to ride out its days as an independent carrier on a high note. The nation’s fourth-largest carrier on Wednesday posted its fiscal second-quarter results, reporting that its rate of growth for post-paid subscribers, or regular customers who pay at the end of the month and often have higher phone bills, was the highest it’s been in more …

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Apple iPhone 8 off to bumpy start with iPhone X in the wings

For Apple, the iPhone excitement just isn’t there.  At least, not yet.  The tech giant’s iPhone 8 and iPhone 8 Plus, both of which went on sale on Sept. 22, have done little to excite consumers, results from the big four US carriers indicate. Over the last week, the carriers have hinted at weaker interest for the phones, but expressed …

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As AT&T focuses on show business, its wireless business struggles

AT&T can’t stop reminding people that it’s in the entertainment business now.  But the reality is the company’s still in the phone business. The country’s second-largest wireless provider by subscribers added 3 million net customers in the third quarter, the company said in its earnings report on Tuesday. Roughly 2.3 million of those customers were in the US, the company’s …

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T

Outspoken T-Mobile CEO John Legere is playing it low-key this time.  On Monday, the “Un-carrier” posted third-quarter results — usually a chance for Legere to jump on a conference call to crow about the company’s performance or to bash its competitors. But aside from a seven-minute video Q&A segment and a quote in a press release, Legere is remaining mum.  That’s …

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Google denies report of revenue sharing with news publishers

It appeared Sunday that Google may have a lifeline for struggling news publishers, but that might not be the case after all. The Financial Times reported Sunday that the web giant is planning to share a chunk of its revenue with publishers. According to FT, Google’s plan is to mate its treasure trove of personal data with machine learning algorithms …

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Verizon adds 603,000 postpaid customers, Q3 earnings in line

AT&T dangles HBO and the promise of “Game of Thrones” when you sign up. T-Mobile throws in Netflix for its family plan customers.  Where’s the Verizon entertainment bundle? The New York telecommunications company has waded into the media world with its acquisitions of AOL and Yahoo, but those deals are more about delivering advertisements, not video. It also has an …

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Why is Netflix hiking your bill? It needs even more shows

Having a hard time keeping up with everything Netflix is putting out? So is the company’s budget.  Netflix on Monday celebrated its biggest gain ever in subscribers for this time of year, in a report detailing its finances for the third quarter. But on the heels of a price increase, the company vowed to keep revving up its output of …

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Track your mileage for free with Hurdlr

Mileage is money. That’s the truth for the self-employed, the small-business owner and just about anyone who drives for work. For every mile you log, you get to deduct 54 cents from your taxes. OK, but how do you log those miles? In the old days, you jotted odometer readings into a notebook, then spent a lot of time with …

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