By Lisa Johnston
New products on display at the American International Toy Fair, held in N
Westlake Village, Calif. – Apple lost its No. 1 status in J.D. Power’s “Tablet Satisfaction Study” for the first time, and Samsung took Apple’s place.
Samsung was the only tablet manufacturer to improve its customer satisfaction scores in all five areas measured by the survey, boosting the company’s third-place rank in the previous survey. In that survey, Samsung fell below the industry average in customer satisfaction.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.
San Diego — Leap Wireless stockholders approved the company’s purchase by AT&T.
More than 99 percent of the votes cast at a stockholder meeting Wednesday approved of the merger, which is awaiting clearance by the Federal Communications Commission (FCC) and the Department of Justice.
Overland Park, Kan. — Operating losses in Sprint’s wireless business grew in the third quarter compared with the year-ago period but shrank on a sequential and year-to-date basis.
Wireless revenues were flat in the quarter compared with the year ago and up only 1 percent for the year to date.
During the quarter, Sprint sold almost 5 million smartphones, nearly 1.4 million of which were iPhones. The iPhone count is down from the year-ago 1.5 million.
Overland Park, Kan. – A quartet of LTE smartphones unveiled by Sprint will be the carrier’s first to offer advanced LTE technology called Sprint Spark, which promises 50-60Mbps peak wireless-data speeds with a potential to boost speeds to more than 2Gbps in the future.
Sprint launched Sprint Spark with limited availability in New York, Los Angeles, Chicago, Tampa and Miami. The carrier will deploy Sprint Spark in about 100 of the largest cities over the next three years.
Espoo, Finland — North America was the only region in which Nokia’s third-quarter handset sales grew in units and dollars compared with the year-ago period, the company’s financial report shows.
The gain followed a second-quarter drop in North American units and dollars. In the first quarter, North American dollars were up despite a unit-sales decline.
On a global basis, the quarter’s handset sales fell in units and dollars compared to the year ago, but handset operating losses shrank in the quarter and nine-month period.
Bedminster, N.J. – Verizon Wireless became the first national carrier to commit to selling the BlackBerry Z30 with 5-inch HD display, but only through its online store beginning in November.
Dallas –Samsung Mobile released a timetable for upgrading some of its key smartphones to make them compatible with the $299 Galaxy Gear smart watch, which was launched in September and was compatible only with the Galaxy Note 3 phablet.
Seoul, South Korea — LG plans November shipments in Korea of the first smartphone with a curved display that follows the contours of the human face, but the company didn’t announce ship dates in other countries.
The 6-inch G Flex phablet, part of LG’s premium G series, reduces the distance between a user’s mouth to the microphone to improve voice and sound quality. The curved shape is said to increase the sound level of a user’s voice by 3dB compared with flat smartphones.
Miami — No-contract cellular MVNO TracFone Wireless posted double-digit percentage gains in revenue and high single-digit earnings growth on a slight gain in the number of net new subscriber.
Revenues grew in the third quarter by 17.2 percent to $1.5 billion and in the first nine months of the fiscal year by 30.7 percent to $4.5 billion.
Seoul, South Korea — Spurred mostly by rising mobile handset sales, Samsung posted a record quarter Friday showing third-quarter net profits climbed 26 percent.
Net profits reached to $7.76 billion (10.16 trillion won), and revenue climbed 13.2 percent for the year to 59.08 trillion won in the period.