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Samsung tops smartphone and overall handsets market in Q4

2013-01-25 12:59:38| InfoWorld: Top News

Samsung led both the smartphone and overall handsets market in the fourth quarter, though analysts' estimates of shipments and market share varied. The South Korean company shipped 106 million handsets in the fourth quarter of which 60 million were smartphones, ABI Research said Thursday. Samsung had a 31 percent share of smartphone shipments in comparison to Apple's 24.5 percent share, the research firm said.

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Mobile phone market grows 1.9%, smartphones 36.4% in Q4

2013-01-25 10:05:00| Telecompaper Headlines

(Telecompaper) The global mobile phone market grew by 1.9 percent to 482.5 million units in the fourth quarter of 2012, compared to 473.4 million in the fourth quarter of 2011, according to IDC. Shipments for the full year were generally flat in 2012, down 0.2 percent on over 1.7 billion units shipped in 2011. Smartphone shipments rose by 36.4 percent to 219.4 million units in the fourth quarter, accounting for a record 45.5 percent of all mobile phones. For the full year, smartphone shipments rose by 10.1 percent to 545.2 million units. Samsung ranked first for mobile phones and smartphones in the fourth quarter, shipping 111.2 million mobile phones for a 23 percent market share and 63.7 million smartphones for a 29 percent market share. Nokia was the second biggest vendor of mobile phones at 86.3 million units for a 17.9 percent market share, but did not place in the top five for smartphones. Apple was third for mobile phones, shipping 47.8 million units for a 17.9 percent share, and second for smartphones, selling 47.8 million units for a 21.8 percent share.

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Nokia returns to profit in Q4

2013-01-24 12:03:00| Telecompaper Headlines

(Telecompaper) Nokia returned to a net profit in the fourth quarter, helped by a gradual improvement in sales of its mobile phones and cost reductions. EPS came in at EUR 0.05, versus a loss of EUR 0.29 a year earlier, and adjusted operating profit rose 33 percent year-on-year to EUR 635 million. Sales were still down 20 percent to EUR 8.04 billion, but improved 11 percent compared to the third quarter. Its core Devices & Services division showed a similar picture, with revenues down 36 percent year-on-year but 8 percent higher sequentially at EUR 3.85 billion. Adjusted operating profit at the division plunged 82 percent from a year ago to EUR 52 million, and the margin fell to 1.3 percent from 4.9 percent, but this was better than the company's guidance of minus 6 percent, plus or minus four percentage points. For the seasonally weaker first quarter, Nokia forecast a margin of negative 2 percent, plus or minus four points. Nokia said it will not pay a dividend for 2012, in order to maintain a strong balance sheet. It finished 2012 with EUR 9.9 billion in cash.

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Netflix posts surprise profit in Q4

2013-01-24 09:11:00| Telecompaper Headlines

(Telecompaper) Streaming video service Netflix reported fourth-quarter results better than expected, thanks to solid subscriber growth both in the US and abroad. Revenues rose to USD 945 million from USD 876 million a year ago, while net profit dropped to USD 8 million from USD 35 million. The result was better than expected, after Netflix earlier forecast a loss in the period due to costs for launching in Nordic markets during the period. The international activities performed better than expected, growing by 1.8 million customers in three months to a total 6.12 million, ahead of Netflix's guidance of 5.2-5.9 million. Losses from the international activities were less than expected, at USD 105 million on revenues of USD 101 million. Netflix said the Nordic launch went well, but it does plan any further expansion until late 2013 or 2014. In its home market the US, streaming customers by just over 2 million from September to 27.15 million, just ahead of the company's outlook. For the first quarter, Netflix said it expects net profit flat versus Q4, while free cash flow will be deeper in the red than the USD 51 million last quarter, due to costs for creating original programming. Subscribers numbers are expected to grow to 28.5-29.2 million in the US and 6.6-7.3 million at the international activities.

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Google revenues increase 36% in Q4

2013-01-23 08:31:00| Telecompaper Headlines

(Telecompaper) Google reported fourth-quarter revenues up 36 percent year-over-year to USD 14.42 billion. Operating income totaled USD 3.39 billion, down from USD 3.51 billion, while non-GAAP operating income rose to USD 4.27 billion, from USD 4.04 billion a year earlier. Net income, including a net loss from the sold Motorola Home activities, amounted to USD 8.62 per share, up from USD 8.22 in the year-ago quarter.

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