handset market

HTC net profits grow by two thirds in third quarter

Pay no attention to that dipping stock price, HTC is rolling in the dough. The company announced its Q3 earnings today, and profits are up by 18.64 billion Taiwanese Dollars, or about $615 million USD. That's an increase of 68%. The company's total revenue has hit an impressive $4.4 billion, almost all of it coming from Android and Windows Mobile 7 phones.

Gartner’s revises predictions on Android’s meteroic rise

It's easy to predict a meteoric rise half way through, but analysts Gartner has done just that, revising it's prediction on the Android's dominance in the marketplace. Back in 2009, Gartner was absolutely convinced that there would be a three way tie between Android, the iPhone, and RIM for smart phone market share. Clearly that didn't happen as Android exploded, and now Gartner expects that by next year, Android will control a full 49% of the smartphone market. While the iPhone is quickly surpassed by the Robot (old news) Gartner's predictions now show modest growth, but nowhere near being able to keep pace.

Android friend HTC passes Nokia and RIM in Market Cap

HTC devices like the Nexus One, EVO, and more like the Flyer have helped them fly past and exceed not only Nokia, but also RIMs market cap. This is good news for our devoted Android handset maker. Our source mentions they have grown over 30 times their value over the last 5 years to a whopping $33.88 billion. That is compared to Nokia's $32.85 bn, and RIM's slowly lowering $28.5 bn.

TMZ launches official Android app

Gossip celebrity news giant TMZ has just released their very own Android app. It’s a free download from the Android Market. If you have a hankering to keep track of your favorite celebrities (or stalk), you can now do so from the convenience of your Android handset. Market description reads: "Find out the latest breaking entertainment news, videos and photos from TMZ.com. Whenever entertainment news breaks, wherever you are -- TMZ on your Android gives you an all-access pass to the latest info on your favorite celebs. It’s all free and updated throughout the day."