The tech giant is slapped with a class action suit, which alleges it knowingly sold users iPhone 4 smartphones with power buttons that broke shortly after the 1-year warranty expired. [Read more]
Tag Archives: sold
For many observers, the real story for Windows 8 was never going to be the 60 million licenses sold during the holiday rush — it was always about the long term. The first indications of its post-launch impact are here, and show mixed results. In an interview on the company blog, Microsoft CMO/CFO Tami Reller says that it “recently” sold its 100 millionth Windows 8 license since the OS launched in October. That’s a healthy figure, but sales of about 10 million units a month between its January stat update and today show adoption hasn’t picked up again since the initial dropoff. The usual post-holiday lull no doubt played a part, although estimates of a much steeper drop in PC sales than usual suggest more was afoot. Microsoft doesn’t see an immediate problem however, touting both brisk Windows Store adoption — downloads of both free and paid apps surged from 100 million in January to 250 million — and the pending arrival of more affordable convertible notebooks, touchscreen laptops and all-in-ones later this year.
Oh, and about that Windows Blue update everyone’s been talking about? It’s at last official. Microsoft isn’t mentioning details beyond the Windows Blue codename, but it does promise that the upgrade should be available before 2013 is over. We’re looking forward to that extra level of personalization already.
Source: Blogging Windows
Chrysler‘s CEO Sergio Marchionne stated yesterday in a speech that the manufacturer will lose approximately $ 10,000 for every Fiat 500 electric vehicle it sells, something he used to demonstrate that electric motors are not – at least presently – the solution to government-mandated fuel regulations. He discussed his concerns regarding present regulation efforts and the
During Verizon’s quarterly financials call, company CFO Fran Shammo let slip that of the 7.2 million smartphones that the company activated, 4 million of them were iPhones. He added that half of them were LTE-ready, which we can take to mean the iPhone 5, while the other half was mixed amongst the older devices in Apple’s smartphone pantheon. While the executive didn’t break out how much of the 3.2 million other smartphones were Android-based, we’re reasonably confident that other operating systems haven’t made too much of a dent in that figure.
Nokia has just reported is results for Q1 2013 with sales of $ 7.6 billion and a loss per share of $ 0.03 — a mixed result compared to analyst estimates, who had expected a loss per share of $ 0.05 on revenues of $ 8.65 billion (€6.6 billion). That estimated loss per share is effectively half of what it was a year ago, when Nokia posted a loss of $ 0.08 per share. Analysts had also estimated that Nokia would report sales of 5.6 million Lumia devices for the quarter, and there Nokia was right on target. The company has been building out the range of handsets it’s been selling in the last quarter, extending further into midrange and less expensive models. These are small but encouraging signs. To put these Lumia sales numbers in to context, a Reuters survey estimates that in the same quarter, Samsung has shipped 61.6 million smartphones, while Apple has shipped 36.9 million. In its Q4 2012 results Nokia posted better-than-expected results, with 4.4 million sales of its new Windows Phone Lumia smartphones and sales of $ 10.7 billion, but it also warned of a weaker Q1. At the time, Nokia said it expected operating margin to be negative 2%, plus or minus four percentage points, citing “competitive industry dynamics” that have negative impact on smart devices and mobile phones. In other words, ever more competition from Apple and Samsung, which continue to keep a stronghold on smartphone sales, even as Windows Phone models, led by Nokia, are seeing gains. Indeed, Nokia noted that although Lumia smartphones continue to “ramp up” this may not offset larger consumer demand or the wider economic environment. It also noted last quarter that it expected Location & Commerce non-IFRS operating margin in the first quarter 2013 to be negative “due to lower recognized revenue from internal sales, which carry higher gross margin, and to a lesser extent by a negative mix shift within external sales.” CEO Stephen Elop announced in February that its mapping division would rebrand as “Here,” dropping the Nokia name, partly so that it could better target cross-platform business. Indeed, not only does it power Amazon’s location services, but Nokia’s maps are also available for Android and iOS, in addition to Windows Phone. More to come
Roku just announced via its blog that it has sold 5 million of its streaming Internet media players since its launch back in 2008. The devices have managed to stream a total of 8 billion pieces of content in that time, impressive for a device that started out as essentially a dedicated Netflix box. Roku recently introduced its third-generation hardware to market with the Roku 3, which went on sale in March.
Seagate might have been selling hard drives since 1980, but it’s seen a huge increase in demand in the last few years, allowing it to double its total sales since 2008, crossing the two billion unit milestone in the process. It’s thanking everyone’s unabated desire for streaming video, online shopping and other heavy-lifting data services for the uptick, with the company predicting that hunger for storage is likely to quadruple in the next two years. Thanks a lot, Ultra High Definition.
Filed under: Storage
Thousands of living beings worth half a million bucks were stripped from their homeland in China and Australia, shipped halfway around the world and sold in the U.S., the district attorney alleged Monday.
It’s been roughly two years since LG began its role in the LTE Revolution, but the company has just crossed an important milestone in its pursuit. Today, LG revealed that it’s now sold 10 million LTE smartphones, which is double the number we last saw in August. Despite the lengthy amount of time it’s taken LG to achieve this 10 million figure, the news comes at an interesting juncture, as the company’s now ramping up distribution of its halo device, the Optimus G. Similarly, both the Optimus F7 and F5 are due later this year, which will be aimed at those seeking 4G on a budget. Will we see an uptick in LG’s sales of LTE smartphones? We certainly hope so, but our Magic 8-Ball’s currently broken. That said, you’ll find the full announcement after the break.
TechCrunch is one of the many outlets to report that Microsoft’s Surface Pro tablet computer sold out on its first day of wide availability. Business Insider points to Reddit threads complaining that “selling out” was largely a product of not having all that many in stock to begin with, in some cases not even enough to cover pre-ordered devices.
Read more of this story at Slashdot.
Earlier today, we reported that Microsoft’s Surface Pro tablet is now available in the United States and Canada. Now a few hours later, reports are rolling in showing that the 128GB model is out of stock at many retailers, including Microsoft’s online store in the US. Staples and Best Buy are also reported as having
Ever bought a track from iTunes? Well, turns out, if you did you’re in good company, with Apple revealing that over 25 billion songs in total have been purchased from the store. Wondering what song was the record breaker? That’d be Monkey Drums (Goksel Vancin Remix) by Chase Buch. No? Us neither. Said song was bought by one lucky German, Phillip Lüpke, snagging the music fan a €10,000 iTunes voucher at the same time. And who said there was no money in the music business these days.
Mercedes-Benz USA has reported a January sales increase of 10.7-percent over 2012, with the number of vehicles sold totaling 24,059. Specifically, the Mercedes-Benz line experienced its record January sales, with a total of 22,501 vehicles sold, an increase of 10.8-percent over last year. The sales were fueled by both SUVs and passenger vehicles. The CL,
Microsoft shipped an estimated 900,000 Surface RT tablets last quarter, barely missing the top five device makers, but illustrating that demand was “muted at best,” IDC said today.
Some consolidation in the world of mobile payments and mobile banking: mFoundry is getting acquired by FIS for $ 120 million. FIS already had a 22% stake in the company; today’s deal will see it paying for the remaining 78% in cash. Investors in mFoundry — which provides services to banks to enable payments and banking on mobile devices — included companies like Intel, Motorola and MasterCard. More recently the company started to make moves to work closer with some of the more disruptive players like Dwolla to enable peer-to-peer mobile payments via people’s banks. Release below. More to come. Refresh for updates. Acquisition supports FIS’ strategy to invest in new innovation Combination creates one of the leading mobile entities in the financial services space Transaction expected to close by the end of the first quarter JACKSONVILLE, Fla., Jan. 31, 2013 – Expanding on its leadership position in mobile financial services, FIS™ (NYSE: FIS), the world’s largest provider of banking and payments technology, today announced it has signed a definitive agreement to acquire the remaining 78 percent interest in mFoundry, a foremost provider of mobile banking and payment solutions for financial institutions and retailers. Previous to this transaction, FIS held a 22 percent interest in the company. The addition of mFoundry creates one of the leading mobile entities in the financial services space and enables FIS to leverage its technology assets across a broader client base. “mFoundry has a well-earned reputation for innovation, powerful vision and agile development and delivers one of the most advanced mobile platforms in the market today,” noted Gary Norcross, FIS president and chief operating officer. “Consumers have adopted the mobile channel faster than any other delivery channel in existence, and delivering industry-best mobile solutions is a vital focus area for FIS. Our goal is to provide the solutions that underpin an organization’s ability to best reach and serve its customers, and the addition of mFoundry plays a key role in that strategy.” Founded in 2004 and serving more than 850 clients, mFoundry’s customer-focused solutions have become a leading platform for mobile banking and mobile retail and have been adopted by some of the largest banks, credit unions, payments processors and retailers in the country. Commenting on the transaction, Drew Sievers, mFoundry co-founder and chief executive officer stated, “FIS has been a great investment partner for the last several years, and the timing was right for us to
AT&T sold a record number of smartphones in the last three months of 2012 as consumers snapped up new products from the likes of Apple and Samsung.
With all the hoopla around CES, we sadly missed this amazing milestone for one of the greatest little projects I’ve seen in a long time, Raspberry Pi. An estimated one million of these tiny computers have been sold so far, an amazing feat for a tiny $ 35 circuit board that can boot directly into a streamlined version of Linux.
Hugh Pickens writes “Matt Richtel and Jesse McKinley write in the NY Times that for generations of American children, Legos were the ultimate do-it-yourself plaything. Little plastic bricks, with scant instructions, just add imagination. But today’s construction sets are often tied to billion-dollar franchises like Star Wars and Lord of the Rings and invite users to follow detailed directions, not construct their own creations from whole brick. It’s less open-ended, some parents and researchers say, and more like paint-by-numbers. ‘When I was a kid, you got a big box of bricks and that was it,’ says Tracy Bagatelle-Black. ‘What stinks about Lego sets now is that they’re not imaginative at all.’ Lego loyalists are quick to defend the company. Josh Wedin, the managing editor of the Brothers Brick, a Lego blog, called complaints that they are less creative ‘simply ridiculous,’ adding that Legos always included some instructions, though he says he misses the alternative designs that used to be on the back of the box. But Clifford Nass, a sociology professor at Stanford University who studies how people relate to the physical world versus the virtual world, says some essential qualities were lost when Lego became more like other toys. ‘The genius of Lego was, you had to do the work.’ Learning about frustration, Nass says, ‘is a hugely important thing.’” (And watch soon for a review of The Unofficial Logo Builder’s Guide, a book intended to help Lego users escape the tyranny of block-by-number instructions.)
Read more of this story at Slashdot.
An anonymous reader writes “Intellectual Ventures and RPX Rational Patent, two companies frequently referred to as patent trolls, have snapped up the troubled Kodak company’s imaging patents. Bloomberg reports that Kodak has agreed to sell the patent portfolio for $ 525 million, despite previous valuations of over $ 2 billion.” New submitter speedplane adds “How many stories have we read hating on the biggest patent troll of them all? Finally we see Intellectual Ventures making their case in a Wired op-ed, filled with everything you would would expect from a company suing the tech world on thousands of dubious patents: ‘…the system needs intermediaries within the market — companies like Intellectual Ventures — to help sift through and navigate the published landscape. By developing focused expertise, these patent licensing entities and intermediaries can function as patent aggregators, assembling portfolios of relevant inventions and providing access through licensing.’ And my favorite gem: ‘Ultimately, the users of those products — you — are the ones who benefit.’”
Read more of this story at Slashdot.
Microsoft’s aging Xbox 360 console still has some pep in its proverbial step, moving more than 750K consoles last week in the US alone, rounded out by Black Friday. Between November 18 and 23, 360 sales bucked internal forecasts — no doubt bolstered by the release of Halo 4 a few weeks prior, as well as holiday bundles — helping Microsoft’s game box to best Nintendo’s new Wii U by more than double (during the Wii U’s launch week, no less). Of course, the Xbox 360 now exists in a variety of flavors, from the $ 99 subscription model to the $ 300 S model; this makes Nintendo’s $ 300 minimum for a Wii U a somewhat unfair comparison with the variety of Xbox 360s out there.
Regardless, Redmond’s assuredly hoping these sales numbers will keep Xbox 360 in the top of NPD’s monthly sales charts (October was the 360′s 22nd consecutive month on top), though we have a few more weeks before we’ll hear for certain which console maker moved the most units during one of the year’s most crucial sales months. Despite a new PlayStation 3 model and the launch of the Vita this year, Sony’s yet to announce its Black Friday numbers.
Hewlett-Packard said in a letter to the U.S. Securities and Exchange Commission that it had determined that its products were procured from a partner that was not informed that their ultimate destination was Syria.
After Google ran out of stock with Nexus 4 units after just minutes of becoming available, customers’ only hope was to wait until T-Mobile started offering it online and in their stores. However, after just hours of Google quietly posting up the link to T-Mobile’s website in the Google Play store, online stock of T-Mobile
Sony has announced that it’s now sold over 70 million PlayStation 3 consoles. Direct from the console maker itself, it also revealed that more than 15 million PlayStation Move motion controllers have been sold since its launch over two years ago. Meanwhile, the slightly aging (but constantly tweaked) base console is now approaching its sixth birthday, but there’s no word yet on its hardware successor, with Sony preferring to focus on new connectivity features between the PS3 and its handheld relative.
mask.of.sanity writes “Hardcoded usernames and passwords have been discovered in a recent line of Telstra broadband routers that allow attackers access to customer networks. The flaws meant customer unique passwords could be bypassed to access the device administrative console and LAN.”
Read more of this story at Slashdot.
Just hours after Samsung’s Korean arm remarked on the sales of its Galaxy Note II, Samsung Poland jumped into the act confirming the Galaxy S III has moved 30 million units. We don’t know if the celebration included taking a victory lap going the wrong way, but the figure is the highest announced for a phone in the series, after the original Galaxy S topped 10 million in 2011, and the Galaxy S II breached 20 million earlier this year. The line has even spawned spinoffs like the aforementioned Note and upcoming Galaxy S III mini, all while showing no sign of slowing any time soon — lawsuit or not.
Though it’s obviously more of a show business story than it is a technology industry story, the news of Lucasfilm’s $ 4 billion sale to Disney has reverberated throughout the tech world this afternoon. This is partly just because of Star Wars’ cult status among the geeks (and I use that term with all respect and love) who make the web go ’round. But also, Lucasfilm has straddled the worlds of tech and film in a unique way, with its headquarters in San Francisco instead of LA and its strong operations in tech- and engineering-heavy things such as visual effects, sound design, animation, and gaming.
Although they may be very valuable to you, your personal details could be sold on the Internet for fractions upon fractions upon fractions of a penny.
another random user tips news that Nintendo will be selling its upcoming Wii U console at a loss in the hopes that spurring earlier adoption will work out for the company in the long run. This differs from the Wii, which made money from the start, but it’s a similar strategy to those used with the Xbox 360 and PS3, which both lost money for their companies at release.
“The Japanese firm’s president revealed the news after the firm cut its profit forecast. It marks a change in the company’s business strategy. The decision to abandon the prospect of immediate profits in order to maximize later earnings is part of a growing trend in the tech world. Nintendo might have altered course to take advantage of the fact that neither Microsoft nor Sony have announced their next-generation consoles yet. Its pursuit of the more casual gamer means it has also had to take account of the keenly priced tablet market which attracts a similar consumer.”
Read more of this story at Slashdot.
It’s been a long time coming, but private equity firm Providence Equity Partners has sold its stake in Hulu for $ 200 million, a person familiar with the matter has confirmed. The buyout of the firm’s shares, which has closed but has not yet been announced, will have a huge impact on Hulu and could significantly shape its future.
Here’s something that’s causing a bit of controversy with the gamers of the world: apparently, Microsoft isn’t interested in allowing PEGI 18-rated games on the Windows 8 App Store. In Microsoft’s list of Windows 8 Marketplace certification requirements, the company says, “Apps with a rating over PEGI 16, ESRB MATURE, or that contain content that
Apple says it has sold more than 5 million units of the new iPhone 5 in the three days since its launch.
Apple’s 5m iPhone 5 sales in the first three days of availability are impressive, but analysts are still scrabbling to explain why their own predictions had been so much more enthusiastic. Notorious Apple-obsessive and Piper Jaffray analyst Gene Munster went further than most, suggesting as many as 6-10m iPhone 5 handsets would be snapped up;
It was possible to walk into a store Saturday and buy an iPhone 5. But it took some hunting.
NPD has released its sales statistics for the US video game market in August, and Darksiders II has taken the software crown. That’s in a month where every category tumbled year-over-year, with total software sales falling by a significant 20% to $ 515.6 million. The decline in software sales didn’t sting as much, with that number
It isn’t a good day for Capcom, as the publisher has confirmed that a small number of stolen copies of Resident Evil 6 have been sold in some Polish stores. These bum sales come almost exactly a month before the game was slated to hit shelves. The good news is that the early sales seem
TechCrunch Disrupt is now one week away. We are excited to say that Startup Alley is now SOLD OUT. We have over 200 early stage companies joining us over two days on Monday and Tuesday. Thirty five percent of these companies are joining us from outside of the U.S.
On Monday and Tuesday, the audience votes for their “Audience Choice Winner” among all of the Startup Alley companies demoing on that day. The audience favorite receives the last spot to compete on the TechCrunch Disrupt stage as one of that day’s Battlefield contestants, and if chosen, will be eligible to compete in the Battlefield Finals for the $ 50,000 grand prize and coveted Disrupt Cup.
The Kindle Fire has been snuffed out — in a good way.
Consolidation in solar continues as Germany’s Q-Cells reaches an agreement to be acquired by Hanwha Group.
Insolvent German solar manufacturer Q-Cells said it has an agreement with Hanwha Group to buy the company, a sign of the rapid consolidation moving through the solar industry.
Faced with a dire financial situation, OnLive is been sold to another company that will do business under the name OnLive. Because the move is an “Assignment for the Benefit of Creditors,” wrote Jane Anderson, the new OnLive PR rep, “Unfortunately neither OnLive, Inc. shares nor OnLive staff could transfer under this type of transaction, but almost half of OnLive’s staff were given employment offers by the new company at their current salaries immediately upon the transfer, and the non-hired staff will be given offers to do consulting in return for options in the new company.”
hypnosec writes “Just days after it was officially made available on Google Play, Google’s Nexus 7 16GB version has been sold out and is not available for order. Google’s probable answer to Amazon’s Kindle has been selling like hot cakes from day one, and was available with two different amounts on-board storage: 8GB and 16GB. Considering that people now-a-days want more space on their portable computing device, the 16GB version was selling more than its 8GB sibling. Another reason for the 16GB to outsell the 8GB variant is that the price difference between the two is just $ 50.”
Read more of this story at Slashdot.
Hope you got your 16GB Nexus 7 already. Google is no longer taking orders for the $ 249 model. It’s sold out. The product page on Google Play now sports a “coming soon” message and an input field for buyers to leave their email to be notified when the 16GB model is available again. The $ 199 8GB is still available with a shipping estimate of 3-5 days.
Citing sources close to Google, the Guardian reports that “the search giant seriously underestimated the demand for the 16GB version of its 7in Nexus 7 tablet.” Orders placed through last week will be fulfilled, but due to insufficient stock, Google is no longer taking orders for the model. There’s no word when the model be available again.
We already knew that Minecraft was immensely popular on PC, but it turns out that Minecraft‘s popularity is not restricted to just one platform: the Xbox 360 version of the game – which has only been available since May 9 – has topped 3 million sales. Mojang founder Markus “Notch” Persson announced the sales milestone