Recent Entries in Profits & Losses
LG Profits from Touchscreen and QWERTY Phones
LG Electronics (LG) announced their earning here's what they released regarding their mobile arm.The Mobile Communications Company reported KRW 5.140 trillion (USD 3.981 billion) in sales, 25.8 percent higher than the previous year, and operating profit of KRW 545 billion (USD 422 million) with a ma…
AT&T Sold 1.9 Million iPhones added 2.1 Million Subs in Q4 2008
T&T reported that revenues grew in in 2008, and it expects 2009 will be another year of overall revenue growth and solid progress Consolidated revenue growth was driven by 13.2 percent wireless growth. "During the past year, we took major steps to improve AT&T's position for 2009 and beyond.…
Increased Data Revs in Q4 and More that 45.5 Million 3G Devices at Verizon Wireless
Verizon has announced its 2008 fourth quarter results. Verizon Wireless' revenue increased 12.3% for the fourth quarter because subscribers increased their spending on text messaging and Internet services by 41% compared with the same period a year earlier. There official release describes Wireless…
Apple Monetizes iPhone Over 4.363 Million sold in Q4 2008
Apple is still making profits. In the fourth quarter of 2008 it sold 4.363 million iPhones. Quarterly iPhone units sold were 4,363,000, representing 88 percent unit growth over the year-ago quarter. Apple's Q1 profits were $1.61 billion up from $1.58 billion. "Even in these economically cha…
Moto Changing OS and Staff
According to the Wall Street Journal, Motorola is getting ready to make some changes in its mobile division including:Cutting jobsFocusing on Android as the operating system for its showcase phones.Motorola is still the top supplier of cell phones in the United States with its RAZR topping sales cha…
Verizon Added 1.5 Million Cell Phoner with a 42.5% in Data Revs
Although Verizon's landline business was down, it earned $1.67 billion in its latest quarter, a 31% rise from last year. Verizon Wireless added 1.5 million cell phone customers to bring the total wireless customers to 70.8 million.The mobile division had 12.5 percent increase in total revenue…
T-Mobile Growth Slow, US Cellular Data Up, Metro PCS Flat-Rate Gains
Q2 profits are stats were released for many of the cellular carriers. T-Mobile USA subscriber growth was slow in Q2 this year. It added only 668,000 net new customers in the second quarter, making its total subscribers 31.5 million. In the first quart it added 981,000 new customers which is th…
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