Posts tagged as:

Q1

Blackberry Curve Outsold iPhone Last Quarter

by Jason Wilk on May 4, 2009

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  • Apple’s iPhone was not the most-purchased smartphone in the first quarter of 2009 according to SAI and research firm NPD Group. That title goes to RIM’s BlackBerry Curve 8300 series. Although the Curve was on sale at more carriers and had a buy-one, get-one free sale at Verizon Wireless during the quarter, this is still a big get for Blackberry.

    Q1 2009 Top ‘Five’ Smartphones:

    1. RIM BlackBerry Curve (all 83XX models)
    2. Apple iPhone 3G (all models)
    3. RIM BlackBerry Storm
    4. RIM BlackBerry Pearl (all models, except flip)
    5. T-Mobile G1

  • Smartphones accounted for 23% of U.S. phone sales in Q1, up 6% from Q1 ‘08. AT&T said it activated 1.6 million iPhones during Q1, to give you an idea of just how may Curves were purchased.

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More Cash In More Places, AT&T Earnings Solid

by Jason Wilk on April 22, 2009

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  • AT&T reported solid earnings today, showing little to no signs of slowing from the rough economic state. Beating the Street estimates, the death star delivered first quarter net income of $3.1 billion, or 53 cents a share, on revenue of $30.6 billion. CEO Randall Stephenson said the company continues to play through a tough economy and invest in growth areas.

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Highlights:

  • AT&T added 875,000 new post-paid subscribers, up 9.2 percent from last year. They now have 78.2 million total wireless subscribers (40% own a 3G device)
  • Wireless data revenue is up 38.6 percent from a year ago.
  • AT&T doubled the amount of text messages delivered to more than 94 billion. Wow.
  • 1.6 million iPhones were activated in the first quarter (40% new to AT&T). That’s down from 1.9 million in the fourth quarter and 2.4 million in the third quarter.

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  • AT&T added 284,000 U-verse TV subscribers to hit a total of 1.3 million TV subs.
  • Total broadband subscribers (includes 3G wireless cards) increased by 471,000 in the first quarter to hit 16.7 million.

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Last Minute Layoffs Keep Coming In

by Jason Wilk on March 26, 2009

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  • With the end of Q1 2009 almost here, trying to cut costs at the last minute to impress investors is becoming a quick trend. We just heard about Google layoffs, now 5,000 people from IBM are losing their jobs in the U.S.  Amazon cut 210 people at three distribution centers in Nevada, Indiana, and Pennsylvania. The New York Times also announced a 5 percent cut(1oo people) of its business operations. This is not a good sign of what is to come out of Q1 earnings. Companies are clearly trying to look more lean as they woo  investors on staying with them through tough times.

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