earnings reports from both Samsung and HTC and they are each telling opposite stories. While the details for both Samsung and HTC are unaudited, they should match up closely with the official details that will be revealed later in the month. With that in mind, Samsung is showing a year-over-year profit increase of 47 percent while HTC is showing a year-over-year profit decrease of 83 percent.
T-Mobile has posted their Q1 2013 results and while these numbers will not reflect the recent merger with MetroPCS, the carrier has said this quarter has brought the "first positive branded customer growth in four years." T-Mobile is reporting 3,000 branded net customer additions, which to put a year on that first positive branded customer growth in four years comment -- means this stems back from 2009.
GALAXY S 4 launch still in the process for Samsung, their latest quarterly report is showing an increase in net profit, which likley comes as a result of an increase in smartphone sales. Of course, thanks to the latest IDC report we were already given a bit of a teaser in terms of where Samsung stands in the smartphone market.
MetroPCS and T-Mobile merger received the final approval yesterday. Following that news, we now have the MetroPCS Q1 2013 earnings report. In addition to the expected financials, this report also touches a bit on the merger. In the report there is mention of how they plan to have the merger completed by April 30, 2013. Of course, Deutsche Telekom had said that much yesterday.
Google is hosting their Q1 2013 earnings report where we're hearing all sorts of interesting details and sales reports. While Google rang in roughly $14 billion in revenue, the folks from Motorola aren't doing quite as good. Q1 2012 Motorola reported an operating loss of $121 million, but this year it has increased to $179 million. A little bit of a black hole Google is hoping to change.
Google have just released their Q1 earnings report for 2013 - and they had a biggie. It looks like things are following along with the end of 2012, and Google's reporting some very solid numbers and a strong start to this year. With more than $14 billion in revenue things are looking good.
Verizon has posted their latest earnings report, which in this case happens to be for the first quarter of 2013. Jumping right in with some numbers and we have 677,000, which is the number of new subscribers that have been added for Verizon Wireless. In addition, some of the highlights coming from the Q1 2013 report talk about smartphones in general and also the current state of the 4G LTE network.
T-Mobile UNcarrier event, it does appear as if the carrier has some good news to share. Whether that good news will continue will be a story for another day, however as of today T-Mobile is reporting "continued positive momentum and the building of a solid foundation for growth."
HTC unveiled the One smartphone last month and many are calling for it to be the savior. Time will tell just how accurate that ends up being, however it does look like the HTC One is off to a good start. The handset received the "Best Mobile Device" award at Mobile World Congress. The One took first above the Sony Xperia Z, however we are a bit curious as to whether that would have come out the same had the Galaxy S4 been announced. Without worrying about what could have happened, we do have some HTC financials to discuss today.