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 …

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 …

Leaked injury reports suggest that Apple is working on AR glasses

Last month, we told you that the often rumored AR glasses reportedly being worked on by Apple are at least one-year away. Apple is quite high on AR right now with none other than CEO Tim Cook stating that Augmented Reality is going to be “huge.” Google already tried to take AR to the mainstream with Google Glass, but the whole concept became too complex and expensive, not only for Google, but potentially for consumers as well.

While Tim Cook has made his feelings about the future of AR public, talk about Apple’s AR glasses has been just that, all talk. While no smoking gun has been leaked, …

Apple is developing in-house power management chips, German analyst reports

After signing a $9bn deal with Samsung for the manufacturing of OLED displays earlier this month, Apple is now speculated to be working on an in-house power management chip. Karsten Iltgen, analyst for German bank Bankhaus Lampe, cut his rating on Dialog Semiconductor this Tuesday, sending the chip manufacturer’s shares down the slope. Mr Iltgen statated that “strong evidence” suggests Apple is looking to ditch Dialog’s power management integrated circuits (PMIC), and is allegedly working on its own unit that could go live by 2019.

After Bankhaus Lampe reduced its Dialog rating to “sell” …