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Posts with tag EarningsCall

Sony Ericsson drags hard on Sony's numbers


It's easy to think of Sony Ericsson as a little drop in parent Sony's gargantuan bucket, but yeah, that's not so much the case. News of the manufacturer's dismal fiscal performance did its fair part in sending Sony's earnings into a free fall, thanks to a cash payout just 3 percent of what it was a year ago -- ¥17.1 billion all the way down to a meager ¥0.6 billion. Talk of Sony's exit from the joint venture is terribly, terribly premature, but you've got to wonder: since the company isn't really a holistic part of the Sony ecosystem, how many consecutive quarters would a crappy balance sheet be tolerated? [Warning: PDF link]

[Via mocoNews]

Verizon has its own data success story in Q2 earnings

AT&T isn't having all the fun when it comes to subscribers' newfound love for data. Verizon has published the nitty gritty details of its second quarter earnings this week, revealing that data ARPU is up some 31.3 percent year over year -- undoubtedly a reflection on devices like the Glyde and XV6900 that are making email and quick visits to Engadget Mobile during morning meetings not just possible, but usably so. What's more, net adds totaled 1.5 million in the quarter, besting AT&T's 1.3 million -- not to say it needs to, considering the Alltel acquisition will end up giving 'em more than enough ammo to propel back into the number one spot, assuming that it ends up getting approved.

[Via mocoNews]

Palm announces Q4 earnings -- it's not as bad as you think

Palm continued to flaunt its almost inexplicable boost in health in an earnings call yesterday. According to reports, honcho Ed Colligan boasted of a 29 percent gain in smartphone sales year-over-year, largely in part to the stellar performance of the company's budget-priced (with contract) Centro. In light of the recent negative outlook from investors, retail store closings, a constantly delayed OS update, and fierce competition, it's a pretty impressive feat to not only stay afloat, but manage some small victories. Now if they can just deliver on those OS and device promises we keep hearing about, they may stay in this game yet.

[Via Palm Infocenter]

Virgin Mobile's first quarter earnings: down, but good times supposedly ahead

Virgin Mobile's warnings of a bleak quarter were pretty dead-on, with a mere 17,772 net adds coming on board during the three-month time frame ending March 31 -- not quite the blockbuster 309,721 reported in the same period a year ago. Similarly, revenue and income both took a dive, supposedly in part due to a big marketing push focused on the MVNO's new pricing plans. If there's a silver lining on the dark, rumbling cloud, though, it's that the CEO believes they'll start to see some positive growth again in the third quarter after a weak second (for his sake, we hope he's right). Also notable was a mention that although the company had no strategic partnerships, alliances, or investments to announce, it was definitely open to "non-organic growth" in the form of another MVNO or "capability." Wonder what he may have been talking about there?

[Via mocoNews]




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