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Amazon.com, Inc. (NASDAQ:AMZN) will allow Kindle owners to loan e-books to each other soon. In a note to readers, Amazon.com said “later this year, we will be introducing lending for…
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written by Duy Phong
\\ tags: amazon, amazon kindle, amazon-com, amzn, content, full-links, loan-e-books, other-content, pulse2, tweet-amazon-com, year
AT&T Inc. (NYSE:T) has reported 2.6 million new wireless subscribers in the third quarter of 2010. This is a record number of wireless subscriber increase for the year. The company also reported a total net profit of $12.3 billion. Below is the full press release:
Record Wireless Sales, Strong Revenue and Earnings Growth Highlight AT&T’s Third-Quarter Results
Dallas, Texas, October 21, 2010
$2.08 diluted EPS compared to $0.54 diluted EPS in the third quarter of 2009; EPS of $0.55, excluding $1.53 in one-time gains from a previously disclosed tax settlement and the sale of Sterling Commerce
Consolidated revenues from continuing operations of $31.6 billion in the third quarter, up $847 million, or 2.8 percent, versus the year-earlier period
11.4 percent growth in wireless revenues, with a 10.5 percent increase in wireless service revenues
Record wireless volumes, with more than 8 million postpaid integrated device sales
2.6 million increase in total wireless subscribers – the highest third-quarter net gain in the company’s history – to reach 92.8 million subscribers in service
Postpaid subscriber ARPU (average monthly revenues per subscriber) up 2.0 percent to $62.84, the seventh consecutive quarter with a year-over-year increase
1.32 percent total wireless churn, best-ever third-quarter
30.5 percent growth in wireless data revenues, up $1.1 billion versus the year-earlier quarter
First year-over-year growth in wireline consumer revenues in more than two years
30.0 percent growth in consumer IP data revenues, driven by AT&T U-verse® expansion
236,000 net gain in AT&T U-verse TV subscribers to reach 2.7 million in service, with continued high broadband and voice attach rates
148,000 net gain in wireline broadband connections
15.4 percent growth in revenues from strategic business services such as Ethernet, Virtual Private Networks (VPNs), hosting and application services
[Engadget]
written by spokoloko
\\ tags: at&t inc., att, earnings-growth, networks, tax-settlement, texas, total-wireless, versus-the-year, virtual, wireless, year
American video game development company Valve Corporation has announced that their online gaming platform Steam has surpassed 30 million accounts. This is the platform’s 6th year in a row of over 100% growth in unit sales versus the previous year. This year they have seen almost 200% growth. Part of this year’s growth is because of the launch of Mac OS X support.
Steam supports over 1,200 games and it is estimated that they have a 70% market share of digital distribution market for video games. Game publishing companies that use Steam include id Software, EA, Activision, 2K Games, Ubisoft, Sega, LucasArts, Capcom, Rockstar Games, and Square Enix.
[Joystiq]
written by iieevvn1
\\ tags: activision, Games, launch, online-gaming, rockstar games, steam, the-platform, valve corporation, year
Verizon Communications Inc. (NYSE:VZ) is preparing to launch the iPhone on their network in early 2011 according to The Wall Street Journal. One of the reasons I believe it is because The Wall Street Journal has a close-knit relationship with Apple CEO Steve Jobs. Jobs has appeared at the AllThingsD (A Wall Street Journal spin-off blog) conference numerous times. This would finally put an end to the exclusive deal that Apple has with AT&T.
Apple is expected to sell a total of over 40 million iPhones this year. Apple is expected to start mass producing the new iPhone by the end of the year. Verizon and Apple have been meeting regularly to test the heavy data load that the iPhone would put on Verizon’s networks according to a Wall Street Journal source.
Google’s Android operating system has been spreading at a rapid pace. There are currently 10.9 million people using smartphones powered by the Google Android operating system as of August in this past year. A year earlier than that, about 866,000 people were using smartphones powered by Android. Apple is supposedly working on a CDMA version of their device through a contract with Pegatron Technology Corp.
[Wall Street Journal]
written by simonivan
\\ tags: allthingsd, Apple, apple iphone, exclusive, Iphone, network, street, street-journal, verizon-wireless, year
 So you’re a big electronics company who wants to make a tablet PC to get in on that iPad glory?
Well, you might be in for it. According to analysts:
“We believe Apple’s lead in the tablet market will prove difficult to close by the onslaught of competing products coming over the next several quarters,” Whitmore said Monday in a research note obtained by Fortune. “Ultimately, we expect the slew of upcoming competition to fall flat from a user-experience standpoint while struggling to materially undercut the iPad on price.”
In other words, it appears that Apple has the upper hand when it comes to the tablet market. However, in my own opinion (and I am more of a writer than an analyst) usually the big guy never stays in power for too long. Look at Blockbuster. Look at Atari.
Eventually, we all have to learn to come in second place. Any idea on when it will happen to Apple?
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written by spokoloko
\\ tags: app-development, business, expect-the-slew, holiday, ipad, rumors-surface, tablet pc market, words, year
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