Nokia's Q4 financial reports better than expected

Nokia Campus in Espoo, Finland
Telecommunications giant Nokia’s financial results for Q4 2017 are out and they are better than the initial predictions. The company reported $1,2 billion operating profit for Q4 – up from the $1,101 billion forecast. 
What made the 9% increase a reality was the multi-year patent license agreement, signed between the Finnish company and another network Goliath – Huawei, which brought in $260,4 million, with more revenue expected during the term of the contract.
Despite …


Nokia's Q4 financial reports better than expected.

Nokia Campus in Espoo, Finland
Telecommunications giant Nokia’s financial results for Q4 2017 are out and they are better than the initial predictions. The company reported $1,2 billion operating profit for Q4 – up from the $1,101 billion forecast. 
What made the 9% increase a reality was the multi-year patent license agreement, signed between the Finnish company and another network Goliath – Huawei, which brought in $260,4 million, with more revenue expected during the term of the contract.
Despite …

AT&T reports $20 billion tax cuts profit windfall, record low subscriber churn

The $1.5 trillion tax cuts that the government passed last month is beginning to look great for companies like AT&T or Verizon, which had a bunch of deferred taxes on their books. After Verizon announced it can now tack $17 billion in extra profit to its quarterly results, thanks to the new tax law, AT&T came out swinging, and booked $20 billion in Q4.

That’s right, the carrier will be having a windfall, but mostly on paper, as due to the capital-intensive nature of the carrier business, those taxes could have been put off indefinitely anyway. Still, the move to bring …

Corning sold more in 2017, but reports net loss

Corning, the company that gave life to the Gorilla Glass technology and brought it to our smartphones, has reported its 2017 Q4 and full-year financial results, indicating net loss.

On a yearly basis the company indicates an increase in income, from $9.39 billion in 2016 to $10.11 billion in 2017. Despite that, Corning still finds itself at a net loss of $497 million – way worse than 2016, when the company had a net profit of $3,695 billion. The financial deficit can be easily explained with the fact that the company has recently invested in 23 projects, including the construction …

Consumer Reports subscribers rank Sprint dead last among the four major U.S. carriers

According to Consumer Reports latest survey to determine the best carrier, which is based on votes cast by the magazine’s subscribers, small carriers finished at the top of the list while large carriers like AT&T and Sprint finished at the bottom of the survey. The three that finished on top, Consumer Cellular, Project Fi, and Ting all scored high for value. It was Consumer Cellular that took home the trophy as the overall number one ranked carrier.

In case you’re unfamiliar with the top ranked trio, Consumer Cellular is a post-paid MVNO. Project Fi is the hybrid pre-paid MVNO owned …

Google looking into reports of slower Pixel 2 XL fingerprint scanner after Android 8.1 update

Some Google Pixel 2 XL users are not happy about what happened to their handset following the update to Android 8.1 earlier this month. According to the Google support forum, several Pixel 2 XL owners found that the fingerprint scanner on the back of the phone is taking longer to unlock their device. For example, one user of the device said that it took “a good second” for the screen to turn on after activating the fingerprint sensor.

Apparently, there is a workaround for the sluggish biometric reader. Turning on the always on feature will allow the fingerprint scanner on the Pixel 2 XL …

Consumer Reports ranks the iPhone X lower than Galaxy S8… and iPhone 8, too

The Consumer Reports’ take on Apple’s newest iPhone X is finally in, and, after perusing it for a while, the renowned testing grounds for all things capitalist and consumerist, came in with the verdict: “meh.” We kid, but, while they praised the camera and the display, the folks at Consumer Reports found a few flaws that  prevented the iPhone X from taking the top spot in the smartphone ranks.
Chief among those were durability and battery life. While most folks would put a case on a $999 phone, Consumer Reports still found it guilty in failing …

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 …