Apple refutes reports about underperforming sales of iPhone 8, says it "exceeded expectations"

We have seen more than one report suggest that the Apple iPhone 8 sales are not doing great: analysts claimed that the iPhone 7 is selling better than the new iPhone 8 on multiple occasions. Analysts’ reports are not facts, though, and it seems that those rumors were not in line with reality: Apple chief executive Tim Cook has officially confirmed that the new iPhone 8 and iPhone 8 Plus “instantly became our two most popular iPhone models, and have been every week since then”.

iPhone 8 has instantly become Apple’s most popular phone

Cook …


Consumer Reports recommends the Samsung Galaxy S7 over the Apple iPhone 8

Non-profit magazine Consumer Reports provides readers with unbiased recommendations. In its latest look at the smartphone industry, CR recommended that its readers purchase the 2016 Samsung Galaxy S7 over the brand spanking new Apple iPhone 8. Yes folks, that is not a typo. And not only did last year’s Galaxy model top the iPhone 8, so did this year’s Samsung Galaxy S8 and Samsung Galaxy S8+.

Consumer Reports gave the Samsung Galaxy S8 and the Samsung Galaxy S8+ each a score of 81. The Apple iPhone 8 and the Galaxy S7 both tied with scores of 80. Despite the tie, the magazine recommended …

HTC reports that September revenue soared 117% sequentially

Thanks to shipments of the Pixel 2 to Google, HTC today reported September revenue of $6.51 billion New Taiwan Dollars (equivalent to $215 million USD). That was a 117% hike from the $3 billion New Taiwan Dollars in revenue (equivalent to $99.2 million USD) reported by HTC for August, when there were no Pixel 2 shipments made. This year, HTC is responsible for the Pixel 2, while LG built the Pixel 2 XL. Last year, both the Pixel and the Pixel XL were manufactured by HTC.

Since it delivered only one of the Pixel sequels to Google this year, it is no surprise that HTC’s September 2017 revenues …

HTC reports another three months of red ink for the second quarter of 2017

For nine consecutive three-month quarters, HTC has announced a loss. It makes you wonder how the company can afford to keep spending for the red-ink cartridges that they are using to print these reports. The just announced net loss for the second quarter of 2017 amounted to $64.23 million USD, a slight 3.9% improvement from the $66.87 million USD loss that HTC reported for the previous quarter. This works out to a loss of 7.8 U.S. cents a share for Q2 versus a loss of 8 U.S. cents a share for this year’s first quarter. Gross margins declined to 13.7% from 16.3% during the same time period.

For …

Foxconn reports disappointing quarter just before iPhone 8 era begins

For the company’s last three-month earnings report prior to the Apple iPhone 8 “era,” contract manufacturer Foxconn disappointed global financial professionals and investors by reporting lower than expected profits for the calendar second quarter. Foxconn is known for assembling various devices, none more famous or popular than the Apple iPhone. There is speculation that the tenth anniversary iOS handset, a premium model, is already undergoing mass production inside certain Foxconn facilities.

For the quarter ended in June, Foxconn reported net of $589 million USD. That is a 25% shortfall …

Google parent Alphabet reports lower Q2 profit thanks to EU fine

Google parent Alphabet reported its 2017 second quarter earnings today after the closing bell. The company reported a 21% year-over-year increase in revenue from the $21.5 billion reported during last year’s second quarter. $25.1 billion flowed into the company’s coffers during the period from April through June. Earnings per share, at $5.01, topped Wall Street expectations of $4.49. Paid clicks rose 52%, but the cost per click dropped 23%. The Street was looking for a smaller 15% drop, which means that advertisers paid much less to advertise on Google than expected.

Also negatively affecting …

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 …

Galaxy S8 and Galaxy S8+ named top smartphones on the market by Consumer Reports

Ths Samsung Galaxy S8 and S8+ are the current top smartphones money can buy, well ahead of all the competition, claims testing publication Consumer Reports.

Samsung’s latest flagships have secured the two top spots on CR’s list thanks to their beautiful design, great battery life, vibrant displays, and “stunning” cameras.

The outlet’s findings, after rigorous testing, also indicate that the S8 and S8+ are among the toughest high-end smartphones, successfully passing a dunk tank test, which was last year failed by the rugged S7 Active. As far as all-glass, …

What's the future of LED displays? Apple already working on own micro-LED units, reports say

Back in 2014, Apple acquired LuxVue to develop advanced micro-LED screens – a technology that is still not in mass production, but looks promising to be the ‘next big thing’ in display tech. A recent report suggests that Cupertino has been working actively on concepts that make use of mico-LED diodes, together with infrared sensors, and what not. The emerging screen tech holds massive potential, in terms of energy reduction, capacity for unseen before display features, as well as a much better all-round visual experience.

In recent months, various official and semi-confirmed …

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 …