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TOTA - APPLE iPHONE & iPAD & Mobile News Thread PT1 (CLOSED) (pg. 447)
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| E2EK1EL |
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| Prometheus Xex |
| quote: | Originally posted by jester
Not sure why people really need anything over 60" for a tv though. |
Bigger is better! |
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| jester |
| quote: | Originally posted by Prometheus Xex
Bigger is better! |
Sort of hard to fit a 150" screen in many rooms. Actually you could fit it anywhere (almost), but you will probably go cross-eyed or have eye problems being so close to the damn screen :cool: |
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| Prometheus Xex |
| quote: | Originally posted by jester
Sort of hard to fit a 150" screen in many rooms. Actually you could fit it anywhere (almost), but you will probably go cross-eyed or have eye problems being so close to the damn screen :cool: |
I'd find a place. Also, imagine games on it? You would be completely immersed !!! |
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| E2EK1EL |
O2 bails on BlackBerry PlayBook, blames ‘end to end customer experience’
Citing issues with the user experience, O2 UK announced on Thursday that it “will not be selling” the BlackBerry PlayBook. The wireless carrier began notifying customers who had signed up for more information about its change of heart on Thursday. The carrier officially stated: “unfortunately there are some issues with the end to end customer experience,” but didn’t delve further into its reasons for the decision. We suspect it could be the lack of a native email client, an addition that RIM has said it will add in a future update, but we also noted that it felt like an “unfinished product” in our recent review. O2 did say that it could offer the product at a later date, and that it will work with Research In Motion on its BlackBerry PlayBook products in the future.
(That's COLD)
RIM reports Q1 earnings: misses analyst estimates, Q2 outlook misses, layoffs coming
Research In Motion on Thursday reported earnings for the first quarter of fiscal 2012. After cutting its first-quarter outlook at the end of April, RIM’s May quarter came in below analyst estimates. First quarter revenue came in at $4.9 billion versus the Street’s estimate of $5.5 billion, and device shipments totalled 13.2 million versus expectations of 13.5 million. Net income for the quarter was $695 million, down from $769 million in the same quarter a year earlier. Earnings per share in the first quarter beat estimates by a penny at $1.33. RIM’s revenue for the quarter breaks down as 78% hardware, 20% service, and 2% software and other revenue. In the second quarter, RIM trimmed its outlook to $4.2-$4.5 billion in revenue, significantly under the Street’s consensus of $5.46 billion. RIM’s second-quarter EPS forecast is just $0.75-$1.05 versus $1.40 consensus. For the full year, RIM cut its EPS outlook from $7.50 to between $5.25 and $6 per share. “Fiscal 2012 has gotten off to a challenging start,” RIM Co-CEO Jim Balsillie said in a statement. “The slowdown we saw in the first quarter is continuing into Q2, and delays in new product introductions into the very late part of August is leading to a lower than expected outlook in the second quarter.” RIM also said it would soon begin a “program to streamline operations” that will involve job cuts. Shares of RIM stock opened down 15% in after-hours trading. RIM’s full press release follows below.
RESEARCH IN MOTION REPORTS FIRST QUARTER FISCAL 2012 RESULTS AND REVISES FULL YEAR GUIDANCE
ANNOUNCES PLANS TO STREAMLINE OPERATIONS AND ACCELERATE NEW PRODUCT INTRODUCTIONS
BOARD OF DIRECTORS APPROVES SHARE REPURCHASE PROGRAM
Waterloo, ON – Research In Motion Limited (RIM) (Nasdaq: RIMM; TSX: RIM), a world leader in the mobile communications market, today reported first quarter results for the three months ended May 28, 2011 (all figures in U.S. dollars and U.S. GAAP).
Highlights: • Revenue in the first quarter of fiscal 2012 grew 16% over the same quarter last year • International revenue1 in Q1 grew 67% year over year • Gross margin in the quarter was approximately 44%, slightly higher than expected due to product mix • RIM launched the BlackBerry PlayBook tablet in North America and shipped approximately 500,000 units in the first quarter
Q1 Fiscal 2012 Results:
Revenue for the first quarter of fiscal 2012 was $4.9 billion, down 12% from $5.6 billion in the previous quarter and up 16% from $4.2 billion in the same quarter of last year. The revenue breakdown for the quarter was approximately 78% for hardware revenue, 20% for service and 2% for software and other revenue. During the quarter, RIM shipped approximately 13.2 million BlackBerry handheld devices and approximately 500,000 BlackBerry Playbook tablets.
“Fiscal 2012 has gotten off to a challenging start. The slowdown we saw in the first quarter is continuing into Q2, and delays in new product introductions into the very late part of August is leading to a lower than expected outlook in the second quarter.” said Jim Balsillie, Co-CEO at Research In Motion. “RIM’s business is profitable and remains solid overall with growing market share in numerous markets around the world and a strong balance sheet with almost $3 billion in cash. We believe that with the new products scheduled for launch in the next few months and realigning our cost structure, RIM will see strong profit growth in the latter part of fiscal 2012.”
Net income for the quarter was $695 million, or $1.33 per share diluted, compared with net income of $934 million, or $1.78 per share diluted, in the prior quarter and net income of $769 million, or $1.38 per share diluted, in the same quarter last year.
The total of cash, cash equivalents, short-term and long-term investments was $2.9 billion as of May 28, 2011, compared to $2.7 billion at the end of the previous quarter, an increase of approximately $170 million from the prior quarter. Cash flow from operations in Q1 was approximately $1 billion. Uses of
1 Includes revenue outside of the U.S. and Canada
June 16, 2011cash included intangible asset additions of approximately $560 million, capital expenditures of approximately $220 million and business acquisitions of approximately $30 million.
Cost Optimization Program:
The company also announced that it will begin a program to streamline operations across the organization, which will include a headcount reduction. This realignment will be focused on taking out redundancies and a reallocation of resources to allow us to focus on the areas that offer the highest growth opportunities and align with RIM strategic objectives, such as accelerating new product introductions. We expect to implement this program beginning in the second quarter with the benefits impacting results primarily in Q3 and beyond. Any one-time charges associated with this initiative are not included in our Q2 and full year outlook but will be identified and disclosed when we report our second quarter results.
Share Repurchase Program:
RIM’s Board of Directors today also approved a share repurchase program to purchase for cancellation through the facilities of the NASDAQ Stock Market (NASDAQ) or by way of private agreement up to 5% of RIM’s outstanding common shares. The share repurchase program may commence after July 10, 2011 and will remain in place for up to 12 months or until the purchases are completed or the program is terminated by RIM.
The price that RIM will pay for any shares purchased over NASDAQ will be the prevailing market price at the time of purchase. The share repurchase program will be effected in accordance with Rule 10b-18 under the U.S. Securities Exchange Act of 1934, which contains restrictions on the number of shares that may be purchased on a single day, subject to certain exceptions for block purchases, based on the average daily trading volumes of RIM’s shares on NASDAQ. Any purchases made by way of private agreement may be at a discount to the prevailing market price at the time of purchase, and would be subject to regulatory approval.
RIM’s Board of Directors believes that a share repurchase program at this time is in the best interests of RIM and its shareholders, and will not impact RIM’s ability to execute its growth plans. Any shares purchased under the program will increase the proportionate interest of, and may be advantageous to, all remaining shareholders of RIM.
The actual number of shares purchased, the timing of purchases, and the price at which the shares would be bought under the share repurchase program will depend on future market conditions and upon potential alternative uses for cash resources. There is no assurance that any shares will be purchased under the share repurchase program and RIM may elect to suspend or discontinue the program at any time.
Q2 and Full Year 2012 Outlook:
Revenue for the second quarter of fiscal 2012 ending August 27, 2011 is expected to be in the range of $4.2-$4.8 billion. Gross margin percentage for the second quarter is expected to be approximately 39%. Earnings per share for the second quarter are expected to be $0.75-$1.05 diluted, excluding any one-time charges. Earnings per share for the full year fiscal 2012 are now expected to be between $5.25-$6.00 diluted, excluding any one-time charges or share repurchases.
(Thanks for the reminder devnull) |
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| patpicos |
| quote: | Originally posted by E2EK1EL
O2 bails on BlackBerry PlayBook, blames ‘end to end customer experience’
Citing issues with the user experience, O2 UK announced on Thursday that it “will not be selling” the BlackBerry PlayBook. The wireless carrier began notifying customers who had signed up for more information about its change of heart on Thursday. The carrier officially stated: “unfortunately there are some issues with the end to end customer experience,” but didn’t delve further into its reasons for the decision. We suspect it could be the lack of a native email client, an addition that RIM has said it will add in a future update, but we also noted that it felt like an “unfinished product” in our recent review. O2 did say that it could offer the product at a later date, and that it will work with Research In Motion on its BlackBerry PlayBook products in the future.
(That's COLD) |
from my short experience using the playbook.....its pretty much right!
http://www.thestar.com/business/com...-cuts-jobs?bn=1 (i hope my friends at rim are untouched) |
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| E2EK1EL |
Jailbreakme 3.0 maybe today |
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| E2EK1EL |
Apple expands copycat accusations with more Samsung products, stronger wording
Apple is all over its copycat accusations filed in a formal complaint against its key supplier Samsung. Just days after it wrote in court documents that Samsung was “harassing us”, Apple yesterday amended the filing with more intellectual property rights against more products – even re-phrasing accusations more strongly. The legal maneuver comes on the eve of today’s court hearing where the judge will decide about granting each party access to the other’s unreleased products. FOSS Patents spotted the updated complaint:
The original complaint specifically accused the following products of infringement: “the Samsung Captivate, Continuum, Vibrant, Galaxy S 4G, Epic 4G, Indulge, Mesmerize, Showcase, Fascinate, Nexus S, Gem, Transform, Intercept, and Acclaim smart phones and the Samsung Galaxy Tab tablet.” The amended complaint accuses all of the above plus the Droid Charge, Exhibit 4G, Galaxy Ace, Galaxy Prevail, Galaxy S (i9000), Gravity, Infuse 4G, Nexus S 4G, Replenish, Sidekick, Galaxy Tab 10.1, and Galaxy S II (aka Galaxy S 2). It also specifies the accusation against “Showcase” products, naming the Showcase i500 and Showcase Galaxy S.
The amended compliant includes rephrased wording explaining that Samsung “has been even bolder” than other copycats with “products that blatantly imitate the appearance of Apple’s products to capitalize on Apple’s success”. The company claims that the F700 released in 2007 was the first Samsung phone to “copy the clean flat clear surface of the Apple iPhone Trade Dress and the Apple iPhone/iPhone 3G/iPhone 4 Trade Dress”. Apple also points out that its products and brand have been featured in credible newspapers and magazines and even points out the #1 position it took in the BrandZ index. In Apple’s words, this is why iPhone is an iconic product:
Apple’s introduction of the first iPhone product, no other company was offering a phone with these features. Prior mobile phones were often bulkier and contained physical keypads. Some had a rocker-style navigation button and sets of buttons for numbers and calling features. Others had a front panel with a partial or full QWERTY keyboard and a screen. None had the clean lines of the iPhone, which immediately caused it to stand apart from the competition. |
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| E2EK1EL |
One of RIM’s biggest investors says “Steve Jobs is a much better marketer”, sells over 5 million shares
The bloodbath continues today for RIM. After announcing disappointing financial results and declaring their upcoming devices will be delayed, the market is reacting and their share price is currently down over 20%, or $7.00/share. To make matters worse their 6th biggest shareholders with approximately 10.2 million shares has lost faith, selling over 50% of their stake in the company.
Jarislowsky Fraser Ltd had about $361 million tied up in RIM stock but Chairman Stephen Jarislowsky said “We are on the way out. The stake has been reduced by more than 50% or even more… They are resting on their laurels… Steve Jobs is a much better marketer than RIM”.
What do you think… will RIM make it back to the glory days? |
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| GGM |
Back to the glory days is highly unlikely but not impossible. Both RIM's and Apple's success came from the fact they didnt aim to beat the competition, they blew them away by doing things that were previously not even thought of. More or less re-inventing what people call a cell phone.
They've fallen so far behind that they really need to re-work the company in a massive way. Current largest problem is they're releasing products either too early with bugs, or too slow without bugs. Second problem is they're trying to "chase" Android and iOS but are years behind, and even if they could catch up they likely wouldn't be a favourite among the 3. They need to focus on their strengths which is security, business users, and strong communication oriented phones. Take those strengths and bring them to the next level so they have something iOS and Android can't compete with. It's similar to what happened ages ago with the Japanese car manufacturers blowing away the domestics in design and production (and the domestic big 3 still haven't caught up).
I'm sure one day Apple will lose the #1 spot (almost surely when Jobs steps down, the man is a genius) as well but whether you're a fan or not you have to admit what they've been able to accomplish by releasing 1 phone model a year is damn impressive. |
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| E2EK1EL |
Top marketing exec at RIM leaves for Samsung
Brian Wallace, the Vice President of digital marketing and media at Research In Motion, has reportedly left the BlackBerry maker for Samsung ¡ª the top cell phone company in the U.S. According to Advertising Age, Wallace will pick up at Samsung as Vice President of strategic marketing for the U.S. Instead of focusing on digital media, Wallace will also work on branding and offline media. Research In Motion announced its first-quarter earnings yesterday and missed analyst estimates for the quarter. The firm shipped 500,000 units of its new BlackBerry PlayBook tablet, but also said that it would have to reduce its workforce.
Apple Could Acquire Nokia, RIM, HTC, Motorola With Cash
Apple could buy out every major phone vendor except Samsung in cash, according to Asymco's Horace Dediu. The analyst expects Apple to have about $70 billion in Cash, Cash Equivalents, Short-term marketable securities and long-term Marketable Securities.
Dediu estimates the enterprise values of the public companies selling 75% of all phones sold world-wide are as follows:
¡ñ Nokia $22.6b
¡ñ RIM $13.8b
¡ñ HTC $25.4b
¡ñ Motorola Mobility $4.2b
¡ñ Sony Ericsson $0.21b x 14 = $3.0b
¡ñ Samsung (Phone Business) $3.76b x 14 = $53b
¡ñ LG (Phone Business) $10b
He also notes that "as market values of phone vendors continue to decline, Apple's cash will continue to grow dramatically. Indeed, a time may soon come when Apple's cash will be worth more than the entire phone industry." |
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| E2EK1EL |
| quote: | Originally posted by E2EK1EL
Rogers to release a $10 “Unlimited U.S. Text Message Pass”
The winds are a changing. Rogers is getting ready to release an new roaming package called “Unlimited U.S. Text Message Pass”. The price: $10 for unlimited sent and received texts. Good deal considering their past travel packs were ridiculously high at $12.50 for 25 text messages sent. No word yet on when this will be in place but it includes Puerto Rico, U.S. Virgin Islands all the USA (including Hawaii and Alaska).
(Really???) |
WTF????!!!!
NEW! THE CHEAPEST WAY TO STAY IN TOUCH WHILE YOU ARE TRAVELLING IN THE U.S.
U.S. Roaming Text Messaging Pass
Make a one-time purchase and enjoy the freedom of UNLIMITED text messaging while you are travelling in the U.S. The pass is valid from the time of purchase until midnight the following day1.
http://www.rogers.com/web/content/a...ontent&submenu4 |
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