News Corp COO Chase Carey spoke about Fox’s digital strategy in an earnings call Wednesday afternoon. The company saw strong growth in home video, thanks to digital downloads. Carey also acknowledged that Hulu will have to adapt in coming years to compete with Netflix. Read more at paidContent »
The Washington Post posted discouraging earnings Friday, with revenue and circulation down from a year ago. Read more at paidContent »
The New York Times’s latest quarterly earnings estimates slightly missed analysts’ expectations. The company also announced a new plan to offer a variety of new, lower-priced digital products. Read more at paidContent »
Sprint lost another 771,000 Nextel iDEN subscribers as customers, offsetting all of the gains Sprint made in its CDMA business. It sold 5 million smartphones, and activated 1.5 million iPhones. Read more »
AT&T set a new Q1 record for smartphone sales and connected 365,000 tablets. It saw its prepaid customers fall away, but recorded an overall net subscriber gain of 291,000. Read more »
January through March sales are always slower compared to the holiday buying period. And all of Apple’s major products — iPhone, iPad, iPad mini, Macs — were refreshed in the fall, leaving Apple with no major new device release during the quarter. Read more »
Prepaid mobile giant TracFone had a massive quarter, adding 839,000 subscribers and even beating out Verizon Wireless. TracFone didn’t say why, but not coincidentally its Straight Talk brand and partner Walmart began selling the iPhone 5. Read more »
Google posted reports that came close to analyst expectations. CEO Larry Page talked up the Google’s more exotic products and dismissed questions about resource allocation and the impact of Facebook’s Home screen on mobile. Read more »
Verizon’s generated some impressive activation numbers in the normally slow first quarter: 5.9 million LTE devices; 7.2 million smartphones; and 4 million new iPhones, half of which were the LTE-capable iPhone 5. Read more »
Among the highlights from Pearson’s 2012 report: Financial Times digital subscriptions surpassed print for the first time, and ebooks accounted for 17 percent of Penguin’s global revenues. Read more at paidContent »
It’s only been a couple of months since Barnes & Noble downgraded guidance for its Nook business. Now the company is doing so again. Unfortunately, Nook Media is supposed to be the profitable part of the company. Read more at paidContent »
The New York Times posted new earnings numbers this morning and they present a familiar, discouraging story of the Grey Lady’s inability to grow its digital business fast enough to offset other revenue declines. Read more at paidContent »
Sprint sold 6.1 million smartphones, including 2.1 million iPhones. The exodus of Nextel and Boost customers continued, though, resulting in overall subscriber losses. Read more »
Facebook released its fourth quarter earnings on Wednesday, beating analyst estimates and making significant gains in mobile, which was an important metric for the company this quarter. Facebook saw mobile daily active users exceed web DAUs for the first time. Read more »
Amazon announced fourth-quarter and full year 2012 earnings report roughly in line with investor expectations Tuesday afternoon. Speaking of ebooks, CEO Jeff Bezos said, “We’re now seeing the transition we’ve been expecting.” Read more »
The arrival of Marissa Mayer at Yahoo is fueling the desire for a comeback story. Despite press reports suggesting the turnaround has come, Yahoo’s modest earnings improvement this week are not that story. Read more at paidContent »
Record revenues and best-yet iPhone and iPad sales weren’t enough to keep already-skittish investors from continuing their freakout of Apple’s future fortunes. Apple CEO Tim Cook did his very best to assure them that he has a plan. Read more »
How did the most important public companies on GigaOM’s radar fare in the fourth quarter? Here’s our roundup of quarterly report cards. Read more »
All signs point to Apple reporting a great holiday quarter. But sinking investor confidence about Apple’s future will hang over the earnings call. Read more »
It was a confusing quarter to judge, but Google appears to have had a solid fourth-quarter when it comes to its bread-and-butter: search and internet advertising. Read more »
LTE devices drove Verizon’s fourth quarter. It activated 7.3 million LTE devices in three months and sold 6.2 million iPhones. Half of those iPhones were Apple’s newest LTE-enabled model. Read more »
In an SEC filing, Verizon reported that it sold 9.8 million smartphones during the fourth quarter, which includes the all-important holiday season. The company specifically noted it saw a “higher mix of Apple smartphones” — similar to news from AT&T a day earlier. Read more »
In its earnings report Thursday, Barnes & Noble reported revenues of $1.9 billion on losses of $0.04 a share, roughly flat with last year. Nook sales were up, but sales in stores and on BN.com fell. Read more at paidContent »
Look out, world. Mail Online is still investing in building out its U.S. and U.K. teams. The next focus for cash will be video production. Read more at paidContent »
After the Napster years, the world’s biggest major label is approaching growth again, and is about to reach the point where it sells more music digitally than on discs. Read more at paidContent »
Hachette and Random House’s parent companies Lagardère and Bertelsmann reported earnings Tuesday. At Hachette, ebooks made up 20 percent of adult trade book sales in both the U.S. and U.K. divisions. Read more at paidContent »
Publishers reliant on classified advertising are getting hurt by the UK’s fragile local economy. Some are now desperately courting alternative advertising models, but our earnings round-up shows their growth is so far being wiped out. Read more at paidContent »
HarperCollins and Simon & Schuster’s parent companies both reported earnings Wednesday. While News Corp shared little about HarperCollins’ performance, CBS noted that digital made up 21 percent of Simon & Schuster’s revenues for the quarter. Read more at paidContent »
Online earnings are falling despite booming audiences at leading UK news publisher Trinity Mirror, caught in a confluence of circumstances that prompt the big question — does content pay? Read more at paidContent »
Martha Stewart Living Omnimedia announced poor third-quarter earnings Friday morning, which did not come as a surprise following the layoffs and magazine closures the company announced Thursday afternoon. Publishing and broadcasting revenues fell significantly, with a bright spot in the merchandising segment. Read more at paidContent »
The Financial Times’ digital subscriber sign-up continues apace, as the paper finds more money and more readers in paid digital content whilst the advertising market looks weak. Read more at paidContent »
The refresh of the entire mobile lineup and most of the Mac lineup and Apple’s decision to ramp production on all of these products at almost the same time has costs, CFO Peter Oppenheimer explained in a call with investors. Read more »
While revenue was in line with expectations, earnings per share were slightly off: Financial analysts had been anticipating revenue between $34.28 billion and $38.04 billion, and around $8.75 earnings per share. Read more »
Amazon reported high sales and lower than expected profits in its third-quarter earnings report Thursday afternoon. Shares were down in after-hours trading. Losses were due in part to the company’s investment in struggling daily deals site LivingSocial. Read more at paidContent »
In Russia’s fast-growing internet scene, Mail.ru is successfully marshalling its diverse arsenal of social network and game services to attract paying users, while its social advertising prospects turn down. Read more at paidContent »
The New York Times posted a familiar earnings tale of rapidly declining advertising and steady gains in digital subscriptions. The good news is that those subscription increases came even after the paper tightened its paywall. Read more at paidContent »
Facebook reported third-quarter earnings Tuesday, posting revenue of $1.26 billion and earnings of $0.12 per share, which were slightly above analyst expectations. The company said 14 perent of its advertising revenue in the quarter came from mobile. Read more »
In its first full quarter with former Google exec Marissa Mayer as CEO, Yahoo reported Q3 revenues of $1.08 billion with net income of $0.23 per share. Earnings were in line with analyst expectations, and shares rose in after-hours trading. Read more at paidContent »
Nokia Siemens Network just turned a big quarterly profit, all thanks to its recent LTE momentum. The infrastructure vendor is trying to build on that momentum by pushing into future LTE technologies like small cells and HetNet, which it claims will increase network capacity 1,000-fold. Read more »
Somebody is probably looking for a job after the search giant unexpectedly pre-announced its financial results hours before they were supposed to be released. What’s worse, the numbers were bad. Read more »
