Verizon earnings down for Q4 2016

The increasing wireless market and the data breaches at Yahoo! took a toll on Verizon earnings in the last quarter period of 2016. Carrier’s earnings per share fell to 86c from 89c in the same period last year.
Net income fell 20% to $4.6 billion compared to $5.4 billion from 2015. Revenue also went south with $32.3 billion compared to $34.3 billion for the previous fiscal year. At least Verizon kept gaining customers, bringing the total to 114.2 million after 591,000 net subscribers for Q4.
The number didn’t mean much, since the retail postpaid average revenue per account fell 5% to $141.89 from $148.3 a year earlier.
Source

Comments

Post a Comment

Kindly Comment Only related to Post

Popular posts from this blog

Upcoming OnePlus Mini has all of its specs detailed

Image
Before the end of the year, OnePlus will unveil a new, even more affordable device. This has so far been confirmed many times by the Chinese company's management. Yet understandably OnePlus execs haven't disclosed any information about the upcoming device's specs. That said, today a new rumor comes to seemingly reveal all of that. Before we delve into it, however, do note that all of this comes from an anonymous source, and as such you shouldn't take any of it for granted. Furthermore, the source itself claims that these details are from a prototype that's already two months old, which means that certain hardware specs may have changed in the meantime. The phone could be called OnePlus Mini, since it will have a 5-inch touchscreen (with 1080p resolution and 2.5D Gorilla Glass on top). It will be powered by MediaTek's Helio X10 chipset (MT6795T), which comes with a 2.2 GHz octa-core Cortex-A53 CPU. 2GB of RAM and 32GB of expandable eMMC 5...
Read more

NSA is able to install spyware on all iPhones

Image
A leaked NSA document proves that the agency is capable of easily deploying spyware on all iPhones and can have access to user data including SMS messages, contacts, and even a user's location by utilizing cell tower information. What's even scarier is that the NSA can remotely access an iPhone's camera and microphone that is infected with the spyware. According to the leaked intel, the initiative, named DROPOUT JEEP, began in October of 2008. The document delineates that the NSA would need physical access to the device in order to install the software, which doesn't sound too bad. However, the German Magazine, Der Spiegel, which also published the DROPOUT JEEP data, believes that the NSA rerouted shipments of brand new iPhones before they went out to consumers to install the spyware. Even worse, there was some speculation a while back from Edward Snowden, that suggests Apple may have allowed the NSA access to their products. The news was reported...
Read more

Samsung Galaxy Gear 2 to come with new design, flexible display

Image
The Samsung Galaxy Gear 2 smartwatch has been rumored to come out in tandem with the Galaxy S5. Now a new publication in a Korean media, which claims to be in touch with Samsung insiders, the new generation smartwatch will be announced in March or April. The announcement is likely to happen in London, probably at an Unpacked event. The insider also claims that Samsung has felt the need to radically change the design of the upcoming Gear. The overhaul will include a new, flexible OLED display. Additionally, the report says that Samsung has gone to quite the extremes and has changed all the parts that look “dull or boring.” Previous rumors have hinted that the Gear 2 might be 15-20% thinner than the first generation. It’ll be interesting to see how Samsung will tackle the battery problem. As we pointed out in our Galaxy Gear review , 2 days of battery life isn’t enough for a viable smartwatch. The current-gen Galaxy Gear has sold north of 800,000 units and has been ...
Read more

10,000 Xperia Z3 and Z3 Compact owners can test drive Android Marshmallow

This way for the Marshmallow trial. Sony's Concept for Android initiative will allow 10,000 Xperia Z3 and Xperia Z3 Compact owners to beta test Android's new major version. The new software is built on feedback Sony received from the initiative launched earlier this year. If you want in, you'll have to check in with the Concept Sign-up app . It's first come, first serve so there's an element of urgency. Note that the test is limited to select European countries: Sweden, Denmark, Norway, Finland, Iceland, Estonia, Latvia, Lithuania, United Kingdom, Ireland or Germany. If you're selected for the test, you'll get a notification in the next few weeks. The software should start rolling out soon after that. Sony plans to update the Z3 family (including the Tablet Compact), the Xperia Z2 and Z2 Tablet and several other devices to Android 6.0 Marshmallow. Source
Read more

G4 bootloops are caused by hardware issue, LG vows to repair affected units

Image
Many owners of the LG G4 have complained about a bootloop issue, but so far without receiving any assistance whatsoever from the Korean smartphone maker. Well, that's finally changed. LG has now acknowledged the bootloop issue, and after a thorough investigation has concluded that a hardware problem is to blame. Specifically, the bootloops are caused by a "loose contact between components". The company has vowed to fix the problem for affected devices, with no additional cost for its customers of course. It turns out that the G4 units experiencing this are not from one particular retail partner - they can be among those sold by carriers, or third-parties. LG advises people who own handsets affected by the issue to contact the carrier they purchased it from (if that's the case) or a nearby LG service center to make the necessary arrangements for repair. It's also apologized for having previously wrongly diagnosed this issue for certain cu...
Read more

Metro: Last Light Review

Image
The charm of Metro: Last Light rests in its story and setting. The gameplay is solid, too, but Last Light also suffers from some notable problems Getting everything out of Metro: Last Light requires slow and patient play. In a post-apocalyptic adventure that relies a great deal on constant bits of exposition, the experience quickly grows into something much more than just your everyday shooter. The more time you spend exploring, listening, reading, and watching, the more you appreciate what 4A Games has created: an interesting story-driven single-player-only FPS. It undoubtedly rewards methodical players. Getting through Metro: Last Light also requires a different kind of patience, the kind that lets you forgive occasionally uneven play, questionable AI, and a story that starts strong but ends flat. These issues aren’t enough to sink Last Light – it’s most certainly a good game – but 4A Games’ latest foray is certainly hindered by them. Inspired by ...
Read more