Sales

HTC: “We are coming back.”

HTC: “We are coming back.”

Nokia isn’t the only company facing trouble, with HTC receiving a battering from Apple and Samsung in smartphone sales. The company has tried to streamline its product line, but consumers still seem to be turning to the Galaxy S line as well as the iPhone. Bloomberg reports that Peter Chou, CEO of HTC, has sent out a email designed to rally employees, describing how the company needs to get to grips with the current situation.

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Gartner: Worldwide phone sales shrink 2.3%

Gartner: Worldwide phone sales shrink 2.3%

According to research and analyst firm Gartner, the worldwide mobile phone market shrank by 2.3% in the second quarter of this year compared to the same period last year. Gartner cites the worldwide economy as the reason for the decline, and also points to current smartphone owners holding off on upgrading their handsets as the release of the next iPhone looms large.

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Xbox 360 tops console sales charts once again in July

Xbox 360 tops console sales charts once again in July

The games industry as a whole may be suffering from a decline, but don't tell Microsoft that. According to NPD, the Xbox 360 was the top-selling console for the month of July, marking its 19th consecutive month at the top of the chart. That's not all either, as total retail spend on Xbox 360 consoles, software, and accessories reached $218 million, more than what was spent on the on the PS3 and the Wii combined.

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Apple vs. Samsung trial reveals sales numbers

Apple vs. Samsung trial reveals sales numbers

Apple and Samsung are currently duking it out in court over various patent infringement allegations, and as part of the proceedings the two companies have had to submit detailed sales numbers for their smartphones and tablets. Apple normally reveals how many iPhones and iPads it has shipped during its quarterly earnings results, but this is the first time we’re getting a closer look at some of Samsung’s sales numbers along with detailed breakdowns in the United States.

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Vringo buys 500 Nokia patents for $22m

Vringo buys 500 Nokia patents for $22m

Vringo, a technology company that develops and licenses mobile patents, has today announced that it will be acquiring 500 patents from Nokia for around $22 million. As a result, the company is selling off 9.2 million shares in the company to raise $31.2 million to cover the purchase. Vringo is acquiring 500 patents and applications across the world, with 109 issued within the United States. Critically, some of the patents relate to 2G, 3G, and 4G technologies.

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IDC: iOS and Android on 85% of shipped smartphones

IDC: iOS and Android on 85% of shipped smartphones

It shouldn’t come as any surprise to see iOS and Android dominating the mobile landscape, but new information from IDC confirms that to be the case. Both iOS and Android now account for 85% of smartphones shipped during the second quarter of 2012. Android is said to have around 68.1% market share, up from 46.9% in 2011, while iOS sits at 16.9%. All in all, around 154 million smartphones were shipped during the quarter.

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HTC faces bleak future as July revenues drop 45%

HTC faces bleak future as July revenues drop 45%

HTC’s 2012 smartphones have been met with favorable reviews, but it looks like the numbers aren’t reflecting the quality of the handsets. HTC has reported its July 2012 revenues, with the company amassing ~$835 million. That’s down 45% compared to July 2011, with the company also dropping ~$168 million compared to May of this year. HTC’s share prices fell by 7% after the news was released, with the company’s stocks sitting at their lowest since November 2008, according to Reuters.

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HTC pulls out of South Korea following poor sales

HTC pulls out of South Korea following poor sales

HTC may have put out an impressive range of smartphones for 2012, but the company has still been struggling financially against the likes of Samsung. The company announced today that it would be withdrawing completely from the South Korean market following strong competition. As a result, HTC will be closing its Korean office, although it notes that it will be “a long term process and not an immediate one as we want to cause the least disturbance for our customers here and continue after-sales services.”

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LG sells 13.1m phones in Q2 ’12, 44% were smartphones

LG sells 13.1m phones in Q2 ’12, 44% were smartphones

We know you’re excited about all these financial results, so we’ll just keep them coming. LG has managed a healthy profit overall for the second quarter, up 46% compared to the same period last year, but its cellphone business took a hit. That caused an overall decline in revenues too compared to last year, down by 10.6% to $11.16 billion. LG’s cellphone business may not be looking good, but its home entertainment section is looking better than ever.

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