Skip to Content

Listen to the Joystiq Podcast (because your ears can't read)
AOL Tech

Posts with tag market

Samsung warns that the handset market ain't what it used to be

Echoing sentiments 'round the globe is Samsung, who evidently understands that Q4 and beyond will be much tougher for handset makers than in quarters past. According to spokesman James Chung, "the actual global market growth on a unit basis could come short of [Samsung's] initial forecast for 9% growth (in 2008)," and "as for next year, it is possible that the market could post a single-digit or even negative growth." Of course, it's not like any other cellphone maker has it too much easier, but for folks wondering if Sammy had some kind of magical elixir for generating positive numbers, we hate to say it doesn't.

[Via RCRWireless]

Sprint posts Q3 net loss of $326 million, sees 1.3 million subs leave


Sprint's year just keeps getting worse. After losing over 900,000 customers last quarter while posting a $344 million loss, the company insistent on advertising with faux soap operas and in black and white (and yellow) is hanging its head once more. During Q3, the carrier saw 1.3 million net subscribers head for the exits, and it also reported a loss of $326 million. According to CEO Dan Hesse, Sprint "has yet to turn the corner," warning that the process of turning things around would be gradual. Moving forward, the company expects gross additions to "stabilize," while the turnover rate is apt to remain at around 2.15%. In related news, the provider's stock price has sunk around 60% in the past six months, and while that's surely bad news to shareholders, not many other mega-corps out there are doing tremendously better.

[Via The New York Times]

Google strips meat, gristle off Android Market's bones, leaves just 13 apps


Prior to the G1's stealth launch, Google's on-device Android Market was a busy place, teeming with some 50-plus apps seemingly ready to win the hearts and minds of early adopters anxious to outfit their G1s with... oh, you know, simple pleasures like a video player or the ability to change the UI's font size. We guess that wasn't part of Mountain View's strategy, though, with all but 13 applications having been removed today -- presumably a knee-jerk response to the knowledge that phones were starting to make their way into paying customers' hands. Truth be told, this was probably the plan all along; the Market had gotten a little dirty from both developer and Google testing, and we're figuring they were just looking to tidy things up a bit to make it presentable on launch day before it got nasty dirty with a flood of developers outside the confines of Google's own Android Developer Challenge. Either that, or there's some deep, dark conspiracy lurking involving the unceremonious removal of any content that upsets Schmidt, Brin, or Page.

Update: We're hearing this is all due to an update to the Market -- older apps that haven't been updated to meet the Market's specs aren't available at the moment. Thanks, everyone!

Sony Ericsson sees net profits fall 97%, looks to cut 2,000 jobs


Sony Ericsson warned the world just over a fortnight ago that things wouldn't be too rosy when it came time to announce Q2 results, and rosy things are not. Even though the handset maker was hoping and praying to break even at the end of the quarter, net profits ended up falling through the floor to the tune of 97%. As predicted, weak sales of mid-to-high-end mobiles were blamed for the bulk of the bad news, and it did affirm that conditions would remain rough for the rest of the year. Granted, the looming launch of the Xperia X1 should help matters a bit, but without a new stable of low-end cellies to send to emerging markets, it'll be a long road back to the top. Unfortunately, SE's sagging position in the market has left it slashing 2,000 jobs across the globe, though it didn't say exactly where the cuts would be made. It's okay SE, there's only one place to go when you're laying on the bottom... or something like that.

[Image courtesy of Flickr]

Read - Sony Ericsson's Q2 earnings
Read - Sony Ericsson plans job cuts

Tag Heuer to partner with ModeLabs on luxury handset?

It looks like the competition in the luxury phone market is heating up, as folks still trying to choose between Gresso, Vertu, GoldVish, the D&G RAZR, or the ridiculously pricey Black Diamond could see one more alternative in addition to the recently-unveiled LG Prada. According to Sybarites, Tag Heuer -- the folks responsible for Jeff Gordon and Tiger Woods' sumptuous wristwatches -- is teaming up with ModeLabs to introduce "a completely new phone" for deep-pocketed talkers. While details (including a sneak peek) are scant, the phone is "expected to be made of stainless steel and have many similarities to Tag watches," but it seems we'll just have to wait this one out before making any other far-reaching predictions.

[Thanks, James]

Hands-on with Motorola MOTOFONE F3

Who knew going back to segmented displays on handsets was such a good idea? No, seriously -- check out the picture, it looks pretty nifty in the flesh. Mobile Burn was equally impressed in their up-close-and-personal look at Moto's MOTOFONE F3, their newest low-cost handset for emerging markets, saying that the screen actually reminded them a lot of an Etch-a-Sketch. With a large text readout and voice prompting, they were equally impressed with the phone's foolproof simplicity, suggesting this might be a great device for the very young and old in, uh, emerged markets as well. We'll reserve final judgment for when we can get our hands on an F3 ourselves, but we'd like to cautiously offer Moto congratulations for getting us unusually worked up over an extremely simple phone.

[Thanks to everyone who sent this in]




    AOL News

    Other Weblogs Inc. Network blogs you might be interested in: