AT&T Buying $1.9 Billion Worth Of Verizon’s 700MHz Network

LaptopMemo at AT&T Daybreak 2012 in NYC

Verizon has been doing plenty of business lately, selling off parts of its 700MHz spectrum (basically, towers and radio waves it has access to and operates). AT&T is perhaps the biggest buyer so far, buying $1.9 billion worth of 700MHz spectrum in 18 states which covers nearly 42 million people. The deal isn’t set in stone; AT&T still needs regulatory approval to close the deal by the second-half of 2013. The press release with the list of states can be found after the break.

Via: AT&T

Bah: Unlocking Your On-Contract Phone Will Be Illegal Next Week

DSC_0088This is rather unwelcoming news. In October of last year, the Librarian of Congress added new rules to the Digital Millennium Copyright Act. This new rule is one that’s very touchy: unlocking subsidized phones you bought on a 2-year contract with your carrier. Specifically, if not given permission or the consent of the carrier your phone was purchased from, it is illegal to unlock it and use it on another network. Most carriers lock their phones anyway, but under the new law, even if you’re able to unlock it, it would be illegal, unless you were already using an unlocked phone from the start; Apple’s $650 unlocked iPhone 5 and Google’s $300 unlocked Nexus 4 are legal examples.

Via: TND

AT&T Sold 8.6 Million iPhones, 1.6 Million Of Everything Else In Q4 2012

AT&TAs hard to believe as it sounds (or maybe no), AT&T’s amazing catalog of Android smartphones still are dominated by the bread-and-butter of phones — the iPhone. In the fourth quarter of 2012 8.6 million iPhones were activated, 16% of which were new customers. On the opposing end, AT&T only managed to sell 1.6 million phones from Android, BlackBerry, and Windows Phone combined. But the combined 10.2M in sales are still something to look at positively.

As for actual profits, AT&T built up $17.6 billion in wireless revenues, with the wireless income at a positive $2.6B. AT&T did have some losses from revised pension plans and the number of subsidies it had to pay out for all of the smartphones it during the quarter, including damages from Hurricane Sandy.

Still, AT&T did pretty well. Additional financial details are at the source.


Twitter Brings Vine: A Way To Show Short Videos In Tweets

twitter-bird-white-on-blueTwitter’s latest creation is Vine. Videos that can be embedded into tweets can be 6 seconds or less, capturing motion and sound into a loop video. There’s also an app that was just published for the iPhone and iPod Touch on the App Store. Users on Twitter can start using Vine right this second on iOS, with plans to bring it to other platforms.

Check out an example of Vine in an embedded tweet with the rest of the post.

Nokia Is In The Positive, Posts $585 Million Profit


For once, Nokia can go around the block saying they actually make money instead of losing hundreds of millions of dollars every 3 months. In fact, for Q4 of 2012,Nokia caught $585 million in net profit. This mostly can be attributed to the better Lumia smartphones running Windows Phone 8: sales were 2.9 million in the third quarter compared to 4.4 million in the fourth— but a yearly drop of 74% in mobile proves it kind of redundant, plus the year of 2012 left Nokia with an operating loss of $3.06 billion.

There’s still a lot of work to be done by the Finnish.

Via: Nokia, Verge

Apple’s Q1 2013 Results: $54.5 Billion In Revenue, New Record

Apple City Image

Another three months pass by: Apple has a new financials report! $54.5 billion in revenue was generated by selling $47.8 million iPhones and 22.9 million iPads.  Earnings per share were above estimates at $13.82 along with the $13.08 billion that Apple actually gets to keep in the bank. The only downside to all of Apple’s success? A continuous decline in Mac and iPod sales: 4.1 million Macs and 12.7 million iPods were shipped during the quarter. Meanwhile, Macs were down in sales 21% year-over-year and 16% for the quarter — it’s not good.

After this? Perhaps Microsoft’s reports, which still comes after Google’s from yesterday. Apple’s press release is available, after the break.

Shhh: The Nexus 4 Is In Stock At T-Mobile

Nexus 4 on t-moArguably, the LG Nexus 4 is the coolest and hottest Android phone. Of course, that’s against Samsung’s own Galaxy Note II and Galaxy S III smartphones, who are also selling like hotcakes. But, back to the topic: the Nexus 4 is very much coveted on Google’s own Play store, but worry not: T-Mobile has the device in stock.

So if you don’t mind T-Mobile’s 4G HSPA+ network and the LG Nexus 4, now is a good time to shell two Benjamins on contract to snag one for yourself, before it’s too late.

Via: T-Mobile

Google And Motorola Rake In $15.24 Billion During Q4 2012


Boom. It’s time for Google’s usual outstanding quarterly report. For Q4 of 2012, on the 3 month period ending on December 31st, 2012, Google generated $14.42 billion in revenue — an outstanding 36 percent increase year-over-year. Keep in mind, all the revenue generated was by Google alone, not by Motorola, which would have pushed the total to $15.24 billion. Motorola alone generated $1.51 billion in revenue during the same time span.

Going back to Google’s own profits: $5.99 billion of total revenue came from the US, with the remaining from international markets. That worked out to be $2.89 billion in net income on American soil. No doubt it’s a solid quarter for Google, considering the fact that there are billions in reserves.

Via: Google