T-Mobile is the fastest LTE network in the U.S. for 14th straight quarter; Verizon now 3rd

T-Mobile has been bragging that its network is more suited for unlimited 4G LTE service than its rivals. And some of this has actually been borne out by data mined by Ookla, the creator of the Speedtest app, and analyzed by the carrier itself. T-Mobile has now gone 14 consecutive quarters with the fastest network in the U.S. While a chart posted by T-Mobile shows the latter’s data speeds continuing to move higher, T-Mobile Chief Technical Officer Neville Ray pointed out that the chart reveals what happens when “carriers jump into unlimited without doing the hard work to make sure their networks …


Xiaomi records best ever quarter with 23.16 million smartphone shipments in the March-June period

According to a recent publication by a Taiwanese news outlet, Xiaomi has marked its best ever quarter in the March-June period this year, seeing a 70% increase in smartphone shipments from Q1. The company sold 23.16 million units in Q2 and, as per Lei Jun, Xiaomi’s CEO’s words, its aim is to hit a revenue of $14.7 billion (100 billion Yuan) by the end of this year.

Apparently, the company’s focus on physical retail sales, largely through its 123 Mi Home stores in China, seems to be working well, while it also plans to open a few more stores in the country in the next …

BlackBerry reports a profit for its fiscal first quarter

BlackBerry reported its fiscal first quarter 2018 earnings this morning, and as the company continues to focus on the “Enterprise of Things” and cybersecurity, it was able to report a profit for the period. Under GAAP (certain accounting rules), BlackBerry reported a profit of $1.23 per share vs. a loss during last year’s fiscal Q1 of $1.28 a share. On a GAAP basis, the company had revenue of $235 million for the three months ended in May. $160 million of that amount came from sales of software and services. Under GAAP, BlackBerry had gross margins of 64%, and ended the three months with $2.6 billion …

Analyst: Apple to ship over 40 million iPhones this quarter due to strong interest

Times are good for Cupertino, as Cowen and Company analyst Timothy Arcuri believes Apple is going to have a big quarter, shipping as many as 41.5 million iPhones. Not only is this an indicator for strong retailer demand of Apple’s most financially important product, it would also mark an increase of over one million units shipped from the same quarter last year.

Arcuri, though, is careful to point out that the number of phones actually bought by customers could be going down. Despite this, retailers are as sure as ever in Apple’s ability to deliver desirable phones. On the topic of the upcoming …

Nokia 3310 is now shipping, all Nokia phones to be launched globally this quarter

According to Nokia’s Twitter account, the new Nokia 3310 is now shipping. This was announced with a playful little video, which you can see at the end of this article.
However, we’re not sure what this means exactly, as no retailers have been listed on Nokia’s site as selling the device. We assume that the new iteration of the iconic handset is probably on its way to stores around the world, though, as the UK retailer Clove Technology is already accepting pre-orders. However, those that decided to buy their new feature phone via Clove will have to wait until mid-June …

Canalys: Huawei ends Oppo's two quarter reign as China's top smartphone manufacturer

Analytical firm Canalys says that during the first quarter of this year, Huawei was the top smartphone manufacturer in China. That ended Oppo’s two quarter reign at the top. Still, it was a photo finish at the wire. From January through March, Huawei (pronounced “Wah-weigh”) shipped 21 million handsets in China resulting in a market share of 18% for the company. Oppo was right behind as it delivered a bit under 20 million units.

With shipments in the ballpark of 17 million for the first quarter, Vivo was in third place. Those three smartphone producers together accounted for half of all …

Samsung posts its second-best quarter ever, promises a new flagship release in late 2017

Today, Samsung Electronics has released its quarterly earnings report for Q1 2017, and it’s looking pretty good: the company has posted profits of 9.9 trillion won ($8.7 billion) across all of its businesses. However, profits from its mobile division have actually fallen compared to those in Q4 2016, despite an increase of device shipments.

Or in other words: Samsung sold more phones, but earned less money from them. The fault, interestingly, may lie in consumers’ great interest in the Galaxy S8, which launched just last week. To accommodate for …

T-Mobile reports another strong quarter with 798K new postpaid phone subscribers

T-Mobile this afternoon released its quarterly earnings report for the first three month period of 2017. Covering January through March, the nation’s third largest carrier added 798,000 postpaid phone subscribers. Considering that Verizon lost 289,000 customers in this category for its first quarter, T-Mobile seems to be running on all cylinders. The company says that it alone will be responsible for 250% of the industry’s growth in the quarter. The postpaid phone churn for the three months was a record low 1.18%, down 15 basis points from last year, and 10 basis points from the fourth …

Verizon reports a drop in postpaid phone subscribers for the first quarter of 2017

Verizon released its first quarter earnings report today. The nation’s largest carrier had revenue from January through March of $20.9 billion, which was 5.1% lower than what Big Red grossed a year earlier. Verizon blamed the decline on a drop in revenue received from overages, the cost of promoting the business, and a decline in the number of postpaid customers. Of the 307,000 postpaid customers that left the carrier during the three month period, 289,000 were phone-related customers which is the holy grail of the industry. Still, postpaid phone churn came in under .90% for the eighth consecutive …

Samsung forecasts its best quarter in four years, to haul in $8.8 billion in profits

After much uncertainty how would Samsung do in the second quarter that the Note 7 wasn’t on sale, and only running on Galaxy S7 and S7 edge fumes, the ballyhooed analyst predictions turned out true in the end. Samsung itself just chipped in to release its earnings guidance for the first quarter of the year, and it seems that it will break a record again, thanks to stellar performance of its chip businesses.

Samsung is forecasting operating profit of no less than $8.8 billion for the January-March period, which would be its best quarter in four years. We’ll now …