the wall street journal
Sprint CFO: ‘Pre didn’t work out as well as we hoped’
The worst of Palm’s fears may be over now that HP has played the knight-in-shining-armor role , but Sprint — the States’ number three carrier — still has a ways to go before it can claim it’s out of the woods, having gone a solid string of fiscal quarters now without posting a profit or a net gain in subscribers.
HTC says its growth in the US is ‘faster than others’
This one’s fairly light on specifics, but HTC CEO Peter Chou has given an interview to The Wall Street Journal where he dropped a few interesting tidbits, the most notable being that HTC’s growth in the US is apparently “faster than others.” Exactly what that translates to in actual numbers is unclear, but Chou did say that HTC expects to ship more than the 5.5 million to 6 million smartphones it shipped in the US last year. That growth is apparently due in large part to support from Verizon and T-Mobile, which Chou says “started treating us as their first-tier suppliers last year” and gave the company some “strong momentum.” Chou also went on to confirm that HTC will be introducing six new models for China in partnership with China Mobile this year, and that it’s aiming to ship four to five million units to China annually by 2011.
T-Mobile USA staying single for now
We’ve heard various rumors over the past year or so that T-Mobile USA parent Deutsche Telekom was looking for someone to look over its fledgling American wireless provider, either in the form of a partnership or an outright buyout. Now, many moons later, the company has felt compelled to set those rumors to rest — possibly because it couldn’t find any interested parties. Rene Obermann, Chairman of the Management Board at Deutsche Telekom, believes there is room for four major wireless players in the US (T-Mo is number four, currently) and asks the question: “Why can’t you have penetration rates of 500 percent or 1,000 percent?” The idea here is that, as more and more devices go wireless, people are going to need more and more wireless plans to cover them.
PlayStation 3 still a loss leader, ‘six cents for every dollar’ of hardware sold
Though Sony’s overall bottom line is back in black , what held it back from an even bigger celebration cake was its core electronics brand, and no stranger to that sector is the PlayStation group.
Deutsche Telekom rumored to be eyeing T-Mobile USA spinoff
Not a week goes by that we don’t hear of investor pressure on Deutsche Telekom to strengthen its financials and offload underperforming units — T-Mobile USA included — and the American outpost is back in the spotlight this evening coming off a report out of The Wall Street Journal that a spinoff might indeed be in the works. According to our favorite “people familiar with the matter,” DT has reached out to a few banks with the goal of raising enough capital for T-Mobile through an IPO that it’d be able to continue to fund its network build-out, something that’s going to become increasingly critical as it fends off 7.2Mbps HSPA and 4G competition from all of its national competitors. There are a few scenarios allegedly being discussed, ranging from a full-on excision of T-Mobile from its corporate parent to a merger with another US wireless firm — but the plan gaining most traction internally is said to involve selling around 20 percent of the carrier to investors while hanging onto the rest, a situation that would get the underperforming unit’s financials off DT’s books.
WSJ: Apple wants e-books to be $12.99 or $14.99 for hardcover best sellers
Here’s a little price snippet on Apple’s e-book plans, care of an eleventh hour Wall Street Journal piece. According to the article, the gang in Cupertino is asking book publishers ( HarperCollins was specifically cited) to set the price point for digital versions of hardcover bestsellers at either $12.99 or $14.00, “with fewer titles offered at $9.99.” The publisher apparently has the option to set its own price, but at any rate, Apple’s taking the usual 30% cut from each sale — a $14.99 novel would thus leave about $10.49 for the publisher. Nothing else to glean from this other than a rather strongly-phrased assertion that tomorrow’s tablet has a 10-inch touchscreen , but no indication on where that’s coming from
