Verizon activated 4.5 million LTE devices in the third quarter, an increase of 1.3 million over Q2. While the iPhone 5 was introduced only 10 days before the close of the quarter the new LTE-powered Apple phone contributed to that growth. Read more »
Nokia sold a quarter fewer of its flagship smartphones last quarter, as retailers and carriers shied away from Lumia’s current generation, leaving Nokia with €120 million in spare parts. Shifting to new Lumias with the Windows Phone 8 software has hurt any momentum Nokia had. Read more »
Magazine publisher Future’s early enthusiasm for Apple’s Newsstand storefront appears to be paying off. The company has sold £5 million in titles there, and now wants to diversify and globalise its digital business. Read more at paidContent »
MailOnline’s celebrity gossip and photo galleries may have drawn millions of readers at breakneck speed, but it is now monetising the audience even faster, earnings show. Read more at paidContent »
Should websites charge users or advertisers? Russia’s number-two operator does both, but has this year seen payments from its user base quickly become its top revenue line, in a positive sign for Russian content payments. Read more at paidContent »
The trailblazing firm may need more VC cash to cover its losses as it builds a global streaming behemoth, a disclosure reveals. So who gets what value from Spotify, and how could that change after another investment? Read more at paidContent »
Barnes & Noble has a $300m investment from Microsoft and will launch the Nook in the UK this fall. But the country’s largest bookstore chain is struggling to compete against Amazon. Nook device sales fell during Q1 2013, though digital content sales were up. Read more at paidContent »
The UK publisher of 230 local newspapers has set ambitious digital growth targets for its new CEO’s turnaround. So far, Johnston’s online gains are going slow from a low base. But the most interesting part of its strategy may lay ahead. Read more at paidContent »
After showing signs of shaking the AT&T merger specter, T-Mobile is shedding customers again, posting a 205,000 subscriber loss in the second quarter. T-Mobile has shrunk by about 400,000 subscribers in the last year while all of its competitors have grown. Read more »
As the market for music on discs shrinks, struggling retailer HMV will try blurring online and in-store to beef up plastic. But is the initiative just designed to defend a fast-diminishing old business? Read more at paidContent »
Just how poor is the outlook for publishing? News Corp has answered that question by devaluing its own activities before splitting them from its TV businesses. To blame? Restructuring costs, diminishing advertising and the gap left by the News Of The World, the company says. Read more at paidContent »
When is an explosion in mobile users ever a bad thing? When those users are switching from your website and you have no mobile business model. That is what growing numbers of online service are now worrying about. Read more at paidContent »
Demand Media announced the promotion of Michael Blend to president and COO this afternoon. Blend replaces Charles Hilliard, who stepped down in June. Separately, the company broke even for the first time, with revenues up 17 percent. Read more at paidContent »
Company filings this week suggest economic worries have resurfaced the downturn in the free web’s engine oil – advertising . Some digital operators are celebrating sheltering in paid content, but others are still courting advertisers. What do their fortunes tell us about the recipe for online success? Read more at paidContent »
Facebook reported earnings that met estimates on Thursday, but that wasn’t enough for some investors — who clearly wanted to see the company outperform even the rosiest expectations. Meeting those lofty goals will be a challenge for Facebook in the future, especially as its growth rate slows. Read more »
Facebook’s second quarter earnings report – its first since going public in May – just matched Wall Street analysts’ expectations. The company also said it had 955 million monthly active users as of the end of June. Read more »
Amazon disappointed investors with its second-quarter earnings Thursday, reporting plunging profits and results below Wall Street expectations. The company reported $12.83 billion in revenue, up 29 percent over last year but missing estimates of $12.9 billion, and predicts an operating loss for Q3. Read more at paidContent »
Sprint saw 1 million Nextel and Boost customers kick their phones to the curb in Q2. But Sprint managed to steer 600,000 of those departing subscribers to CDMA contracts or its prepaid brands. Helped by steady iPhone sales and its MVNO business, Sprint managed to grow. Read more »
Apple has long benefited from the relentless rumor machine that constantly speculates about new products it has coming up. But this arrangement is, by its own admission, now hurting its sales. Read more »
Apple reported its fiscal third quarter earnings on Tuesday of $35 billion in revenue and $8.8 billion in earnings, or $9.32 per share. That’s ahead of what Apple itself had forecast, but below what Wall Street was expecting. Read more »
Though AT&T’s smartphone penetration is well over 60 percent, it keeps activating new smart devices at a rapid clip. AT&T remained the carrier of choice for iPhone customers. It added 3.7 million iPhones in the second quarter, 22 percent of which came from competitors. Read more »
In a Q3 without a new iPhone, and one in which the iPad has continued to gather steam, it’s worth wondering if the iPad could finally rival the iPhone in terms of sales and significance to Apple’s bottom line when it reports earnings on Tuesday. Read more »
Google announced Q2 earnings that showed the company is still enjoying strong growth. The company’s results beat expectations but its crucial ‘cost-per-click’ metric for ads continues to decline, likely increasing the pressure on Google to find a way to diversify its reliance on search advertising. Read more »
Verizon Communications is the first U.S. operator out of the gate in the second quarter earnings heat, reporting 1.2 million new net subscriber adds in its wireless division and 134,000 new FiOS residential broadband customers in its wireline group. Read more »
Yahoo took a hit on layoff costs in the second quarter but still showed a small profit, eking out tiny single-digit increases in some meaningful metrics while keeping search from falling off a cliff. In a word, it was flat compared to the same quarter in […] Read more at paidContent »
Guardian News & Media is re-opening its voluntary redundancy programme after its “digital-first” survival strategy’s first year resulted in much higher company losses. Read more at paidContent »
BBC Worldwide is ringfencing early BBC.com profits for its journalism operation and writing value off its travel publisher thanks to currency markets. Read more at paidContent »
As they fight Apple’s iPhone, two of Android’s key exponents are seeing divergent fortunes in the Far East. Read more »
AOL CEO Tim Armstrong promised improvements in U.S. display ad sales processes, after international growth embarrassed domestic declines. Read more at paidContent »
DirecTV continued to reap the benefits of Latin American expansion in Q1, increasing revenue in the region by 33 percent while providing a role model for other subscription-based media companies like Netflix who are also endeavoring the expense of southern infiltration. Still, investors remain unimpressed. Read more at paidContent »
The Washington Post Co. newspaper division continues to struggle, nearly doubling its operating loss with drops in print circulation and advertising — and digital ad sales aren’t picking up the slack. The company may to reevaluate its no paywall’ stance. Read more at paidContent »
Amazon’s earnings were down during its first quarter, but both revenue and profit came in much higher than investors had expected on the back of another strong quarter for the company’s electronic sales efforts. Read more at paidContent »
Sprint’s unlimited data offers plans seem to as a big draw as it had hoped when it comes to selling the iPhone. Sprint sold 1.5 million iPhones in the first quarter, compared to the 3.2 million Verizon and 4.3 million AT&T activated in the same period. Read more »
InformationWeek publisher and events organiser UBM on Wednesday became the latest to report what is now becoming a trend. Read more at paidContent »
When Apple announces its 2012 second fiscal quarter earnings on Tuesday, it’s sure to boast about new iPad sales. But the iPhone is still the product that will have the biggest impact on the company’s results and how Wall Street reacts. Read more »
As the online video opportunity booms, video index and advertising firm Blinkx is growing fast – but not quite as fast as had been expected, as revenue for the last 12 months fell slightly behind analysts’ expectations.. Read more at paidContent »
Groupon was forced to restate earnings results for its first quarter as a public company after discovering “material weakness” in its accounting controls, it said late Friday, forcing us to wonder if they used a Groupon for accounting services. Read more »
Large book publishers’ most recent earnings reports reflect a new normal: Revenues are roughly flat, but profits are up — in large part due… Read more at paidContent »
Online advertising and new content fees have helped Europe’s largest news publisher become the latest to reach a print-to-digital tipping po… Read more at paidContent »
As revenues fall, Martha Stewart Living Omnimedia (NYSE: MSO) plans to focus on some digital initiatives at its magazines, including releasi… Read more at paidContent »
