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$30 billion net revenue, $1.5 billion net earnings, big drop in PC sales

Source: http://www.engadget.com/2012/02/22/hp-reports-q1-2012-earnings-30-billion-net-revenue-1-5-billi/

HP reported results for its first fiscal quarter of 2012 this afternoon, including $30 billion in net revenue (down seven percent from the previous year), and net earnings of $1.5 billion (down a full 44 percent). Partly contributing to that drop is a slump from its Personal Systems Group, which saw revenue slip 15 percent year-over-year, and total desktop and notebook units decline a rather drastic 19 and 18 percent, respectively. The company’s Imaging and Printing Group also saw a seven percent decline in revenue, with the total number of printer units slipping 15 percent. HP’s services business managed to eke out a one percent growth with revenue of $8.6 billion, though, while its software business saw the biggest growth in any one area at 30 percent (that includes results from the recently-acquired Autonomy). The company’s full rundown can be found in the press release after the break, with additional numbers available at the source link below.

Update: On the company’s earnings call, CEO Meg Whitman laid some of the blame for PSG’s decline on hard drive shortages, but also said that HP has “under-invested in innovation for the last several years” and “been late to market too often,” adding that “we have to lead again.” A transcript of Whitman’s prepared remarks can be found here.

Continue reading HP reports Q1 2012 financials: $30 billion net revenue, $1.5 billion net earnings, big drop in PC sales

ttp://ww w.engadget.com/2012/02/22/hp-reports-q1-2012-earnings-30-billion-net-revenue-1-5-billi/”>HP reports Q1 2012 financials: $30 billion net revenue, $1.5 billion net earnings, big drop in PC sales originally appeared on Engadget on Wed, 22 Feb 2012 16:22:00 EDT. Please see our terms for use of feeds.

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Wednesday, February 22nd, 2012 news No Comments

SanDisk makes 128-gigabit flash chip, crams three bits per cell, takes afternoon off

Source: http://www.engadget.com/2012/02/22/sandisk-makes-128-gigabit-flash-chip-crams-three-bits-per-cell/

SanDisk has developed a chip that earns it membership in the exclusive 128-gigabit club. Not content with simply matching the Micron / Intel effort, SanDisk and its partner Toshiba claim their new memory uses 19- rather than 20-nanometer cells in the production process. Shrinking the size is one thing, but SanDisk’s new chips also use its X3 / three-bit technology. Most memory stores just two bits per cell; cramming in another means fewer cells, less silicon, more savings, cheaper memory, happier geeks. Analyst Jim Handy estimates that the price per gigabyte for the tri-bit breed of flash could be as low as 28 cents, compared to 35 for the Micron / Intel equivalent. Full details in the not-so-compact press release after the break.

Continue reading SanDisk makes 128-gigabit flash chip, crams three bits per cell, takes afternoon off

SanDisk makes 128-gigabit flash chip, crams three bits per cell, takes afternoon off originally appeared on Engadget on Wed, 22 Feb 2012 19:37:00 EDT. Please see our terms for use of feeds.

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Wednesday, February 22nd, 2012 news No Comments

Disney considering 28-day rental window, because ‘On Stranger Tides’ was that good

Source: http://www.engadget.com/2012/02/08/disney-28-day-window/

That sound you can hear is the studios dashing around as they look for a new scapegoat. Disney’s got Redbox and Netflix in its sights as it declares plans to impose a 28-day window before it’ll make its titles available for rental. Despite conceding that the studio hadn’t seen any impact on overall DVD sales, CEO Bob Iger pointed to a 16 percent drop in quarterly revenue compared to 2010 as the motivation. It’s also collecting splinters in its backside as it watches to see how well digital locker service UltraViolet fares with consumers before committing to join the program. Of course, given the legitimacy of First Sale Doctrine, it’s possible Redbox will do as its done with Warner titles and just buy ’em at retail — as long as it can cover its costs as it does so.

Disney considering 28-day rental window, because ‘On Stranger Tides’ was that good originally appeared on Engadget on Wed, 08 Feb 2012 18:46:00 EDT. Please see our terms for use of feeds.

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Thursday, February 9th, 2012 news No Comments

Disney considering 28-day rental window, because ‘On Stranger Tides’ was that good

Source: http://www.engadget.com/2012/02/08/disney-28-day-window/

That sound you can hear is the studios dashing around as they look for a new scapegoat. Disney’s got Redbox and Netflix in its sights as it declares plans to impose a 28-day window before it’ll make its titles available for rental. Despite conceding that the studio hadn’t seen any impact on overall DVD sales, CEO Bob Iger pointed to a 16 percent drop in quarterly revenue compared to 2010 as the motivation. It’s also collecting splinters in its backside as it watches to see how well digital locker service UltraViolet fares with consumers before committing to join the program. Of course, given the legitimacy of First Sale Doctrine, it’s possible Redbox will do as its done with Warner titles and just buy ’em at retail — as long as it can cover its costs as it does so.

Disney considering 28-day rental window, because ‘On Stranger Tides’ was that good originally appeared on Engadget on Wed, 08 Feb 2012 18:46:00 EDT. Please see our terms for use of feeds.

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Thursday, February 9th, 2012 news No Comments

‘App Economy’ has created 500,000 jobs since 2007

Source: http://www.engadget.com/2012/02/08/study-app-economy-has-created-500-000-jobs-since-2007/

It’s no secret that the rise of smartphones, tablets and social networking has fostered an entirely new market for app developers, but a freshly released study has now attempted to quantify this impact, in terms of real jobs. According to TechNet, a bipartisan network of tech execs, the so-called “App Economy” has created an estimated 466,000 jobs since 2007, when the iPhone was first unveiled. The report specifies that this estimate includes all jobs at Facebook-focused companies like Zynga, as well as dev gigs at Amazon, AT&T and Electronic Arts, in addition to the obvious heavyweights, Apple and Google. As far as geography goes, California leads the way as the most app-friendly state, though New York City tops the list of metropolitan areas. It’s not an entirely bi-coastal affair, though, with some two-thirds of all app-related jobs located outside of California and New York. TechNet acknowledges that the App Economy “is only four years old and extremely fluid,” so it’s likely that these numbers will fluctuate in the years to come, though the organization says these numbers underscore a fundamental principle: “Innovation creates jobs, and in this case, lots of them.” Read the full report at the source link below.

Study: ‘App Economy’ has created 500,000 jobs since 2007 originally appeared on Engadge! t on Wed, 08 Feb 2012 08:32:00 EDT. Please see our terms for use of feeds.

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Wednesday, February 8th, 2012 Uncategorized No Comments

27k projects, almost $100 million in funding

Source: http://www.engadget.com/2012/01/11/kickstarter-details-the-year-that-was-27k-projects-almost-100/

Just how big a year was 2011 for Kickstarter? Very nearly a $100 million dollar year. That was the total amount of funding pledged on the crowd-sourced site during the year ($99,344,382, specifically), which is up considerably from the $27.6 million pledged in 2010. That was generated by just over 27,000 projects, 11,836 of which reached their funding goals (a success rate of 46%, up from 43% in 2010). What’s more, while tech-related projects may generate the most attention ’round these parts, film and music projects were actually the two biggest cash draws on the site (netting $32 million and $19 million, respectively). Hit the source link below for the company’s complete wrap-up.

Kickstarter details the year that was: 27k projects, almost $100 million in funding originally appeared on Engadget on Wed, 11 Jan 2012 01:10:00 EDT. Please see our terms for use of feeds.

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Wednesday, January 11th, 2012 news No Comments

Barnes & Noble looks to sell publishing arm, keeps the other to hold a Nook Tablet

Source: http://www.engadget.com/2012/01/04/barnes-and-noble-looks-to-sell-publishing-arm-keeps-the-other-to/

In a sign of ever shifting priorities in the ole book business, Nook’s papa is reportedly looking to sell its publishing unit, Sterling Publishing. According to the Wall Street Journal, B&N acquired Sterling in 2003, ramping up its publishing efforts after more than 30 years in the business. News of a possible sale follows last month’s Q2 earnings report that saw a $6.6 million net loss for the bookseller. That same quarter, the company’s Nook business took an 85 percent leap forward, landing it a $220 million value. Barnes & Noble has yet to comment.

Barnes & Noble looks to sell publishing arm, keeps the other to hold a Nook Tablet originally appeared on Engadget on Wed, 04 Jan 2012 19:59:00 EDT. Please see our terms for use of feeds.

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Thursday, January 5th, 2012 news No Comments

Verizon posts Galaxy Nexus simulator, doesn’t cap your virtual data

Source: http://www.engadget.com/2011/12/14/verizon-posts-galaxy-nexus-simulator-doesnt-cap-your-virtual-d/

Want to be an Ice Cream Sandwich champ before you even have a Galaxy Nexus in hand? Big Red’s just opened the e-freezer, launching its Samsung Galaxy Nexus support simulator, complete with programed hands-on tutorials for navigating menus, launching apps, taking beautiful food pictures with creamy bokeh and browsing various single-page Verizon sites. The tutorial isn’t a full sim in the traditional sense — it’s merely a microsite with static pages and limited animations — but it’s the closest many of us will get to playing with the real thing; until tomorrow, at least. Clear your schedule for the next five minutes, and hit up the source link for the smoothest smartphone experience you’re likely to ever have.

[Thanks, Zedster]

Verizon posts Galaxy Nexus simulator, doesn’t cap your virtual data originally appeared on Engadget on Wed, 14 Dec 2011 15:44:00 EDT. Please see our terms for use of feeds.

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Wednesday, December 14th, 2011 news No Comments

Android leads US market share, iOS may have stopped growing, RIM is still falling

Source: http://www.engadget.com/2011/12/14/shocker-android-grew-us-market-share-after-q2-ios-was-static/

NPD just published its latest plotting of the great American smartphone OS rivalry, and although the report covers annual rather than quarterly trends, it’s perhaps more interesting to hold it up against the previous set of figures we saw — those for Q2 2011. Back then, Google’s OS had a 52 percent share, but these new figures suggest a marginally better performance of 53 percent between January and October. Meanwhile, iOS’s 29 percent share is identical to what we saw in Q2, hinting that its growth has slowed right down or even stopped. RIM’s share of the pie is 10 percent, compared to 11 percent in Q2, showing that the Summer flurry of new BB7 handsets like the Bold 9930 and Torch 9810 had little immediate impact. WP7 obstinately refuses to overtake Windows Mobile, although these figures are pre-Titan, while the doomed Symbian and webOS are barely clinging to life. Aside from all that, perhaps the only stats that are genuinely still shocking are those at the top of the column for 2006. Click below for further detail’s in NPD’s press release.

Continue reading Android leads US market share, iOS may have stopped growing, RIM is still falling

Android leads US market share, iOS may have stopped growing, RIM is still falling originally appeared on Engadget on Wed, 14 Dec 2011 08:41:00 EDT. Please see our terms for use of feeds.

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Wednesday, December 14th, 2011 news No Comments

Google, Facebook, Twitter and others speak out against the Stop Online Piracy Act

Source: http://www.engadget.com/2011/11/16/google-facebook-twitter-and-others-speak-out-against-the-stop/

Earlier today, the House Judiciary Committee held a hearing on the proposed Stop Online Piracy Act (or SOPA) which, depending on who you ask, is either a means to stop piracy and copyright infringement on so-called “rogue” websites, or the most serious threat of internet censorship that we’ve seen in some time. In the latter camp are some of the biggest internet companies around, including Google, Facebook, Twitter, Yahoo, eBay, LinkedIn, Mozilla, Zynga and AOL (full disclosure: Engadget’s parent company), who today made their stance clear by taking out a full-page ad in The New York Times.

The ad itself is a letter sent by the nine companies to Congress, which states that while they support the stated goals of the bill and the related Protect IP Act, they believe that, as written, the bills “would expose law-abiding U.S. Internet and technology companies to new uncertain liabilities, private rights of action, and technology mandates that would require monitoring of web sites.” The companies further went on to say that they believe the measures also “pose a serious risk to our industry’s continued track record of innovation and job-creation, as well as to our Nation’s cybersecurity.” While they didn’t all sign onto the letter, those companies also also joined by a host of others who have spoken out against the legislation, including Foursquare and Tumblr. The sole witness against the proposed measures at today’s hearing, however, was Google’s copyright policy counsel, Katherine Oyama — you can find her testimony on Google’s Public Policy Blog linked below.

Google, Facebook, Twitter and others speak out against the Stop Online Piracy Act originally appeared on Engadget on Wed, 16 Nov 2011 15:43:00 EDT. Please see our terms for use of feeds.

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Thursday, November 17th, 2011 news No Comments

Dr. Augustine Fou is Digital Consigliere to marketing executives, advising them on digital strategy and Unified Marketing(tm). Dr Fou has over 17 years of in-the-trenches, hands-on experience, which enables him to provide objective, in-depth assessments of their current marketing programs and recommendations for improving business impact and ROI using digital insights.

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