The impact of a delay with the HTC One is now showing itself as the company reported its lowest quarterly profit ever causing the company to yet again miss revenue targets. HTC’s first-quarter net income plummeted 98%, which marks the sixth-straight quarterly decline. The company’s quarterly earnings totaled a mere $2.8 million on $1.4 billion in… Read more
Verizon’s third quarter 2012 numbers are looking pretty good as the carrier reports an additional 1.5 million postpaid connections, its highest number in four years. Verizon now services 95.9 million total retail connections, 90.4 million of those are postpaid. Smartphone sales rose to 6.8 million for the quarter, accounting for 79% of total postpaid… Read more
Sprint announced earlier this morning their second quarter 2012 financial results and while we hope it’s ready for a bright future, the present isn’t so positive. Sprint reported a net loss of $1.4 billion, compared to a net loss of $847 million in the second quarter of 2011. Sprint did gain 263,000 postpaid net additions in the quarter, the eighth such… Read more
HTC announced their second quarter 2012 financial results amidst a 57.8 percent net profit drop, which still shows the company's financials improving over the first quarter of this year. Combining weaker than expected European sales, along with customs issues in the US played a large role in financial numbers that are still well down from the same time… Read more
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