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After a long streak of skyrocketing earnings, HTC's climb towards the stars seems to have stalled. Q4 was not kind to the company and CFO Winston Yung thinks he knows the reason why. During the today's earnings call Yung admitted that HTC "dropped the ball" with its selection of LTE devices. He con...

February 6th 2012 at 10:32am 0 Comments
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HTC's big 2011 was limited to those warm summer months, when everyone wanted a smartphone for the beach. Now the accountants have confirmed HTC's initial statement: fourth quarter revenues were down 2.49 percent (year on year). It made 101.42 billion Taiwanese dollars (just under $3.5 billion) in...

February 6th 2012 at 4:33am 0 Comments
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The latest figures are in from IDC: the top three global smartphone makers are Nokia, Samsung and Apple, in that order. Drilling down into the figures finds some surprises: Cupertino's third-place with only 8.7 percent of the market, while the giants of Korea and Finland are duking it out with 22.8...

February 2nd 2012 at 8:46am 0 Comments
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The British chip designer continued last year's growth streak with a 45 percent surge in quarterly normalized pre-tax profits compared to Q4 2010. Revenues also rose by 21 percent to £137.8 million ($217 million) -- not bad for a company that started out with twelve engineers in a barn. There...

January 31st 2012 at 2:45am 0 Comments
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In the wake of a relatively strong Q3, Canon today unveiled a slightly less rosy earnings report for the fourth quarter of 2011. Net sales for the quarter reached ¥964.8 billion (about $12.6 billion), up from the ¥916 billion the company reported last quarter, but down about 9.7 percent fr...

January 30th 2012 at 5:02am 0 Comments