HTC has released their earnings for the month of November, and things are looking up. They generated $523 million in revenue, up from $507 million for last month. That’s a 3% bump, and brings their total annual earnings to $6.45 billion.
Leap Wireless, which operates under the Cricket brand, released their earnings today. While the news wasn’t positive, it does pose a welcome sign for customers who are anticipating the merger with AT&T, which is coming once FCC regulators and the Department of Justice approve the deal.
Qualcomm, manufacturer of the Snapdragon chipset that powers so many smartphones, has released their Q3 2013 earnings. Officially, we find they are reporting $6.48 billion in revenue, a 33% increase over this time last year. That coincides almost directly with their rise in chipsets sold.
T-Mobile recently released their earnings for Q3 2013, and are continuing to impress. According to the Un-carrier, they added another 1 million total customers in Q3 2013. That’s in line with Q2 2013, where T-Mobile added 1.1 million customers.
Sony released their earnings for the third quarter, and they’re showing some promise. In Q3 2013, sony sold more phones than the previous quarter, or this time last year. While profits down, though, the growth is not as impressive as you’d like to think.
Samsung has just released its third-quarter earnings report and, quite unsurprisingly, the figures show a strong quarter with a rise in the manufacturer's operating profits. Analysts, however, are concerned about the company's ability to surpass that in light of the very fierce competition in the mobile device industry.
Amazon announced their Q3 2013 earnings today, and results are mixed. A huge jump in net sales helped the online retailer make an impact and bottleneck losses, but they’re still there. Though not as bad as in previous quarters, Amazon still takes a hit on their bottom line.
After a stellar second quarter, LG comes back with another impressive earnings report. For Q3 2013, LG reports they shipped 12 million mobile phones, which is nearly on-par from the 12.1 shipped last quarter. They also note $2.78 billion in mobile revenue, up 24% over this time last year.
A week after Verizon posted their impressive earnings results, AT&T has followed suit. The nation’s number two carrier sits firmly in second place, both in regard to subscribers and revenue. They’ve reported gains in just about every category, and are up year-over-year from 2012.
One facility in Taoyuan near Taipei sits silent and dark as HTC decided to temporarily shutter one of its four main manufacturing lines. This may be a sign of the company's growing woes as its cash flow problems deepen and demand for its smartphones slump.