Nokia Q1 2013 Misses With Sales Of $7.6B With $0.03 Loss Per Share; 5.6M Lumias Sold
Nokia has just reported is results for Q1 2013 with sales of $7.6 billion and a non-IFRS loss per share of $0.03 (and a reported EPS of $0.09) — 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. Nokia’s operating loss was $196 million, and while that’s down into the red again compared the previous quarter, when it posted an operating profit of $557 million, it’s a very significant improvement on a year ago, when its operating loss was $1.7 billion. Similarly, operating margin for the quarter was negative 1.5%, a reversal on the 6.8% of last quarter, but much better than the negative 5.1% of a year ago. 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, noting that the 5.6 million Lumias ...
Amazon Takes More Steps Toward Building A Mobile Ad Network With An API In Beta
Amazon is taking the first steps toward building a mobile ad network across its Kindle devices with a new advertising API in beta for developers. If you judge by the earnings of publicly traded mobile advertising companies like Millennial Media, which has had annual losses for the last five years, it’s a tough business with low margins. But Amazon has something that most other competing networks don’t: troves of data on the millions of consumers who buy goods off its site. That could help Amazon understand what kinds of ads actually result in purchases better than Google AdMob, Facebook or any of the independent networks like InMobi or Jumptap. It also means much more seamless calls-to-action embedded in ads that can get users immediately clicking through to buy products. Amazon is kicking off the network with advertisers like Duracell Powermat and Nature’s Bounty. For now, Amazon’s mobile ads API will only work with U.S. users and apps and games on the Kindle Fire, Kindle Fire HD ...
Apple Hit By Hackers Who Targeted Facebook
snydeq writes "Apple was recently attacked by hackers who infected the Macintosh computers of some employees, the company said on Tuesday in an unprecedented disclosure that described the widest known cyber attacks against Apple-made computers to date, Reuters reports. 'The same software, which infected Macs by exploiting a flaw in a version of Oracle Corp's Java software used as a plug-in on Web browsers, was used to launch attacks against Facebook, which the social network disclosed on Friday. ... A person briefed on the investigation into the attacks said that hundreds of companies, including defense contractors, had been infected with the same malicious software, or malware. The attacks mark the highest-profile cyber attacks to date on businesses running Mac computers.'"
Found more than 1 month ago on channel Slashdot
Netflix’s ‘House Of Cards’ Is Internet TV-Funded Original Programming But Don’t Kid Yourself It’s Ad-Free (Spoiler Alert)
When Netflix bid on and won the rights to House of Cards back in 2011 – buying the show before it was shot and committing to two full seasons – it made headlines. And with good reason: Funding such a high-profile slice of original programming – with David Fincher and Kevin Spacey on board — cast Netflix in a role typically occupied by HBO. Rumours of a $100 million+ price tag for HoC were bandied around. An AllThingsD source suggested a minimum of $3 million per episode – putting the total cost at $78 million at least. Netflix has not publicly confirmed how much it’s spending on the show, although a WSJ source “familiar with Netflix’s plans” claimed the cost would likely be far less than $100 million. Whatever the final figure, Netflix has rolled out a red carpet of grand claims regarding what the show means for Internet TV. “We believe that February 1st [the date the first season of HoC was put on Netflix] will be a defining moment in the development of Internet TV,” ...
EU Charges Samsung With Abusing Vital Telecoms Patent
Dupple sends this news from Reuters: "The European Commission charged Samsung Electronics on Friday with abusing its dominant position in seeking to bar rival Apple from using a patent deemed essential to mobile phone use. The Commission sent a 'statement of objections' to the South Korean group, with its preliminary view that Samsung was not acting fairly. 'Intellectual property rights are an important cornerstone of the single market. However, such rights should not be misused when they are essential to implement industry standards, which bring huge benefits to businesses and consumers alike,' Competition Commissioner Joaquin Almunia said in statement."
Found more than 1 month ago on channel Slashdot