Apple's iPad has declined in sales for six consecutive quarters, and while that has to be very worrying for the company the drop actually matches with an overall market trend. Slate sales have been falling for nearly two years and show no signs of recovering, and while the iPad's decline is more rapid than the overall market slip it is still the best selling individual tablet on the market.
T-Mobile's amazing success continued as the carrier added over 1 million postpaid subscribers for the fourth consecutive quarter. The Magenta Network announced its financials for the quarter ending June 30th and revealed that 760,000 of those new customers were postpaid phone subscribers. Overall the company said that 2.1 million additions were made net, marking the ninth straight quarter that over 1 million new net customers have been added.
Samsung has been the biggest global smartphone brand for several years, but while the company's position at the top is unlikely to change anytime soon, there are certain things happening within the market, resulting in rivals gaining ground. By rivals we of course mainly mean Apple, as Cupertino saw its share of the market rise through the second quarter of the year, with Samsung's lead shrinking.
LG's mobile division is riding a rollercoaster at the moment. The huge success of the G3 flagship last year elevated the company to the upper echelons of the market, but sales of the replacement G4 (a fantastic smartphone regardless) have tempered expectations and LG may lose money this year and not meet sales estimates. That said, the company is still in contention for top five smartphone manufacturers globally and thanks to its screen tech has a cash cow beyond its own hardware.
There has been a rather surprising rumor out of South Korea today with several reports suggesting that Google is interested in buying electronics giant LG. The result has been LG's shares soaring at the prospect of the company falling under the wing of the Android owner.
Apple today released sales and financial figures for its fiscal third quarter and the news is good for the iPhone and Apple Watch, but continues to be very worrying for the iPad. The company bested Wall Street expectations, but only just, and after a number of periods of decimating analyst predictions there was a backlash. Apple's shares tumbled after the earnings call, but the raw figures remain impressive.
It's amazing how far personal technology has come in the last fifteen years. The iPod was so revolutionary when it arrived that it propelled Apple forward in leaps and bounds and set the ball in motion for the company to become the biggest tech brand ever. Now the iPod feels antiquated, which is astounding because it is one of the all-time classic products. The iPod Touch followed the now defunct Classic before it too was let go and discontinued. However, Apple could be about to bring back the iPod touch it seems.
HTC recorded a hefty loss through the last quarter, making a definite end to the company's mini turnaround. With sales of the One M9 struggling and most consumer passing over the flagship, these are dire times for the Taiwanese giant that once stood on the cusp of dominating the market. Just to show how bad things have got, HTC's share price tumbled to a 10 year low.
T-Mobile continued to impress financially by adding over 1 million new postpaid subscribers through the last three month period, marking the fourth consecutive quarter in which the company has done so. The additions meant the Magenta Network notched an 11% gain year-on-year compared to the same time in 2014, while the company added 2.1 million new customers net through the second quarter of this year.
In the wake of Microsoft's announcement of over 7000 job cuts and a write off of $7.8 billion the company's CEO has sent an email to employees explaining Redmond's new strategy moving forward. Satya Nadella detailed how the company is deciding to move away from the idea of building a full smartphone company and instead focusing on key devices that best show the Windows platform.