Sales

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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ARM Q2 ’12 sees profits jump by 23%

ARM Q2 ’12 sees profits jump by 23%

It’s the end of the second quarter, so a whole host of financial results are flooding in from technology companies. ARM continues to see strong growth, seeing a 23% increase in net profit at £66.5 million (~$102.9 million). That’s up from £54.2 million (~$83.9 million) earned during the second quarter of last year. Revenue has also increased to £135.5 million (~$209.7 million) from £117.8 (~$182.3 million) million, a 15% increase, and operating margin has jumped ever so slightly to 46.4%.

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Steam Summer Sale enters final day

Steam Summer Sale enters final day

This is it, folks. The Steam Summer Sale has entered its eleventh and final day, so in less than 24 hours, it'll be time to say goodbye. While that will likely be a relief for most Steam users, there are some tempting featured deals on offer for those who haven't purchased quite enough yet. As always, there are also flash deals and community choice deals up for grabs, so even though we've entered the final hours of the event, there are still plenty of sales to take advantage of before things wrap up entirely.

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Verizon: 2.7m iPhones and 2.9m Android devices sold in Q2 ’12

Verizon: 2.7m iPhones and 2.9m Android devices sold in Q2 ’12

Here’s an interesting little tidbit out of Verizon’s Q2 conference call today: the company sold 2.7 million iPhones in the second quarter, and 2.9 million Android devices. The iPhone figures are down slightly compared to Q1, where the carrier sold 3.2 million iPhones. That’s to be expected this long after the launch of the latest generation iPhone, but Android seems to have held steady, selling 2.9 million devices last quarter.

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