HMD Global raises $100 million so that it can build more Nokia phones

HMD Global’s deal with Nokia to license its name for smartphones has been a rousing success. For example, today’s flash sale to launch the Nokia X6 sold out all available inventory in ten seconds. The Nokia brand is on its way to having some relevancy again; the 4.4 million smartphones it sold in the fourth quarter of 2017 topped the number rung up by HTC, OnePlus, Google, Sony and Lenovo during the same period. It makes you wonder what might have been had then Nokia CEO Stephen Elop chosen Android instead of Windows Phone to run Nokia’s new connected handsets back in 2011. It was a decision …


Knights Chronicle turn-based RPG gets more than a half million pre-registered players before launch

Knights Chronicle is a brand new game from the company the brought us Marvel: Future Fight and Star Wars: Force Arena mobile smash hits. Earlier this week, the South Korean developer announced that its upcoming turn-based RPG (role-playing game) for mobile devices, Knights Chronicle, has reached 500,000 pre-registrations.

Pre-registrations have been opened since last week and will remain so for some time. Everyone who signs up before the game is launched will receive in-game items like SSR rated 6-star Rebecca, a member of the White Knights, 1 million gold, and 200 diamonds. All rewards …

Microsoft Word for Android has been installed over 500 million times

Microsoft Word for Android has become the first app offered up by Microsoft since Skype to have been installed over 500 million times. That tops other Microsoft apps for Android such as the Excel spreadsheet, the Outlook email consolidator and the OneNote digital note taker (more than 100 million installations each). While many of the features that a casual Word user would need are free, you do need a subscription to Office 365 for the full Word experience.
A Subscription to Office 365 for personal use is $69.99 for a year, or $6.99 a month. The whole house (up to …

Galaxy S9 sales finally surpass 1 million units in South Korea, Samsung confirms

Samsung has officially confirmed sales figures for the Galaxy S9 series in South Korea. The number one smartphone manufacturer still expects the Galaxy S9 line to outperform last year’s Galaxy S8 devices, although the company’s sales figures suggest the new devices are lagging behind slightly.

Since the Galaxy S9 series launched back in March, Samsung has confirmed its new lineup has sold 1 million units in its home country, taking just under two months to do so. For comparison, last year’s flagship devices took just 37 days to reach that number, while even 2011’s Galaxy S2 reached the …

Apple set to sell 440 million iPhone units over the course of 2018 and 2019

Apple could be set to sell a total of 440 million iPhone units across 2018 and 2019. Despite many claims that the Silicon Valley-based company is facing a sales drop due to the higher cost of the iPhone X, analyst Gene Munster expects the brand to sustain a high volume of sales over the course of this year and next.

Specifically, the analyst is forecasting iPhone sales of 220 million units in both 2018 and 2019, which also coincides with Wall Street’s estimates. The reason behind this is a new phase of “greater iPhone visibility” which should strengthen future sales despite high price tags …

Season Four launch pushes Fortnite on iOS past $50 million

Fortnite has earned more than $50 million in revenue in under two months. The popular battle game managed to earn $1.5 million while it was still in beta and, after its official release, it took just one month to reach $25 million in revenue. Now, just two weeks later, the game has managed to double this number according to new data from Sensor Tower, surpassing $50 million in revenue.

Despite the game being free to play, it capitalizes on the popular freemium model, allowing users to purchase in-game currency known as “V-Bucks” that can then be used to purchase various extras within the …

HULU announces downloadable content, 20 million subscribers and more

Hulu has issued a press release to coincide with its event in Madison Square Garden today. The company has announced that it has hit 20 million subscribers in the U.S. and growth in other areas as well. Hulu stated its total engagement has risen 60 percent. It also noted that 78 percent of its customers view content on connected TVs at home. This displays the serious competition the company is creating for cable companies and other traditional forms of media. hulu is also expanding its original series lineup, announcing Four Weddings and a Funeral as well as Ramy. The streaming service also …

Analysts expect Apple to report sales of 52 million iPhone units for fiscal Q2, up 2.4% YOY

After the stock market closes at 4pm in New York today, Apple will release its fiscal second quarter earnings. Wall Street analysts expect Apple to report sales of 52 million Apple iPhone units during the three month period, which ran from January through March. That would be a 2.4% hike from the 50.8 million handsets that Apple sold during the same quarter last year. It also would be a traditional decline from the previous quarter, which includes the holiday shopping season. In that quarter, Apple sold a record 77.3 million iPhone handsets, 27 million of which were the iPhone X.

With the …

Apple sells 52.2 million iPhone handsets in fiscal Q2, fails to beat estimates as stock still soars

Apple sold 52.2 million iPhone handsets during the January to March period, which failed to beat Wall Street’s estimate of 52.4 million. The figure was still higher than the 50.8 million units that Apple sold during last year’s fiscal second quarter. Apple CEO Tim Cook, mindful of the rumors about sluggish sales of the iPhone X, said customers “chose iPhone X more than any other iPhone each week in the March quarter.”

Despite Tim Cook’s claim about iPhone X sales, the company reported an Average Selling Price for the iPhone of $728 versus forecasts of $740. That would seem to indicate lower …

Xfinity Mobile loses $189 million during the first quarter despite adding 196,000 new subscribers

Xfinity Mobile, owned by cable giant Comcast, has reported its first quarter earnings report. During the three month period ended in March, Xfinity Mobile lost $189 million, which is a sizeable chunk of change. At the same time, the company added 196,000 new subscribers. Comcast doesn’t have to spend to build out a network, and sells its wireless service and phones from Xfinity stores already selling cable and internet. This might be a clue that Comcast is pricing Xfinity Mobile as a loss leader so that the company can push cable, internet and home phone service to its mobile subscribers.

Xfinity …