Research in Motion wrote off $485 million worth of PlayBooks that it was unable to sell, as net income and revenue both fell significantly from a year ago.
Both Jim Balsillie and Mike Lazaridis, the company's co-chief executive officers, said that they asked the company's compensation committee to reduce their respective salaries to just a dollar, even as a cross-management team works to cut costs. Balsillie said that the decision had been made because of a perception that the company's management had "fallen short" of expectations.
In all, RIM reported a number of future disappointments, even as the company's top line continued in the black, thanks to its success overseas. RIM was profitable, even through net income fell to $265 million from $911 million a year ago. Revenue fell 5 percent from the same period, from $5.5 billion to $5.2 billion.
"We ask for your patience and confidence and hope to report further progress in the coming quarters," Lazaridis said in a conference call with analysts.
The LG Nitro HD ($249.99 with two-year contract) is the third smartphone to tap into AT&T's emerging 4G LTE network and (after the HTC Rezound) the second phone available in the U.S. to feature a 720p display. That display looks absolutely dazzling in person and the Nitro is a performance speed demon. We're leaving our Editors' Choice with the Samsung Galaxy S II Skyrocket ($249.99) for its better signal strength and data speeds, but make no mistake: Either phone is a great choice.
Design, Screen, Call Quality, and Data Speeds
The Nitro HD looks and feels a a lot like the Skyrocket. It measures 5.27 by 2.67 by .4 inches (HWD) and weighs 4.5 ounces. It's made entirely of matte black plastic and features a textured back panel. While the look is somewhat generic, that all seems irrelevant once you feast your eyes on the Nitro's glorious, 4.5-inch 720-by-1280 AH-IPS (Advanced High-Performance In-Plane Switching) display. It's a real stunner. At 329 ppi, it has even greater pixel density than the Apple iPhone 4S ($199, 4.5 stars), with its 326 ppi Retina Display. For further comparison, a device like the Motorola Droid RAZR ($299.99, 4.5 stars), which features a 4.3-inch qHD display, has 256 ppi.
Our 2011 Holiday Gift Guide tries to hit you with gift recommendations at all different price points, and this one may be the least expensive. Radio Shack is selling a bunch of 4G Android smartphones for free, with two-year contract, this holiday season. You can get devices like the Samsung Stratosphere for Verizon, Samsung Infuse 4G for AT&T, and the HTC EVO Design 4G for Sprint. All of these devices support faster data speeds, and at a price of free, they're a tremendous deal.
Motorola has ressurrected the RAZR from the dead, slapped the Droid branding on it, and has come up with a 7.1mm thin powerhouse. Appropriately called the Droid RAZR, the smartphone has a Gorilla Glass covered 4.3-inch qHD Super AMOLED display and a body made of Kevlar, making it lightweight, water-resistant, and durable. On the inside you've got a dual-core 1.2GHz TI OMAP4430 chip, 8 megapixel camera that records 1080p video, 1 GB RAM, and 16 GB flash storage onboard (and another 16 GB on the included microSD card.) It runs on Verizon's 4G LTE network. so you know, it's fast. We'll be getting a review up soon, but in the meantime, be sure to peep our Droid RAZR unboxing gallery first!
Gallery: Motorola Droid RAZR unboxing gallery
Verizon will publish an API that could allow consumers to "turbocharge" the network bandwidth their smartphone apps use for a small fee, executives said Tuesday.
Verizon anticipates that a customer running an app on a smartphone will have the option to dynamically snatch more bandwidth for that app, if network congestion slows it down, said Hugh Fletcher, associate director for technology in Verizon's Product Development and Technology team. The app, however, must be running what Verizon referred to as the network optimization API it is currently developing, and hopes to publish by the third quarter of 2012.
Users could have the option to pay for the extra bandwidth via a separate microtransaction API Verizon is developing and hopes to have in place by the end of 2012, Fletcher said.
Verizon has indicated that it plans a residential LTE broadband service that could roll out in the fourth quarter, a fixed antenna that would challenge AT&T, Comcast and others for a home broadband connection.
Verizon also reiterated that it plans to concentrate its FiOS investments in areas it already serves.
Verizon executives said that a national rollout of a fixed broadband LTE voice and data package could be based on the "cantenna," a fixed antenna that it has already deployed with DirecTV, according to comments made by Francis J. Shammo, Verizon's chief financial officer, during Verizon's earnings call last Friday.
While Verizon executives did not state that the company was winding down its residential fiber optic (FiOS) service, executives gave several hints that geographic expansion was not in the cards. Verizon already serves 16.27 million premises in its 12-state wireline service territory, representatives said via email, mostly on the East Coast. But Verizon also began indicating in 2010 that it was going to focus its FiOS investments on the markets it already serves, last year.
The two companies lifted the curtain on the OS affectionately known as Ice Cream Sandwich and the Galaxy Nexus smartphone that will be the first to run it in Hong Kong late Tuesday evening (promotional video after the break.) Google said Android 4.0 would be immediately available to developers. Samsung will begin shipping the Galaxy Nexus worldwide in November.
And here's what you need to know about Samsung's Galaxy Nexus:
A slim and curvy design. The Galaxy Nexus is 8.94 millimeters thin with a 4.29-millimeter bezel and a wider screen than on earlier Samsung smartphones that's achieved "without the phone feeling any thicker in your hand," according to the company. The next-gen handset has a curved back that's contoured for a "softer, more natural look and feel," while the buttonless design and slip-resistant hyperskin backing are also highlights.
Today Motorola announced the return of their most popular brand ever when they unveiled the Droid RAZR smartphone. The RAZR isn't just another Android handset, and you know they Motorola wouldn't just slap that name on any average device. This one has a Gorilla Glass covered 4.3-inch qHD Super AMOLED display (this has not been seen on any other mobile phone to date,) and a body made of Kevlar, making it lightweight, water-resistant, and durable. On the inside you've got a dual-core 1.2GHz TI OMAP4430 chip, 8 megapixel camera that records 1080p video, 1 GB RAM, and 16 GB flash storage onboard (and another 16 GB on the included microSD card.) It also runs on Verizon's 4G LTE network.
Motorola's also tried to make the phone as thin as they could, touting that it's just 7.1mm thin, but that doesn't take into account the thicker bottom area. Who's counting, right? One other nice feature is the addition of something Moto's calling SmartActions. It's meant to preserve and optimize battery life by doing things like turning off Bluetooth when you get home, or clocking down the processor while you're on a phone call.
You'll be able to squeeze out 12.5 hours of talk time when this bad boy hits Verizon this November 6th, and it'll cost you $299 for the priviledge. Pre-orders start October 27th.
AT&T officially dipped its toe into the waters of higher-speed mobile communications today with the debut of the company's 4G LTE network – yes, that's 4G LTE, not just "4G" – in five launch cities: Dallas-Fort Worth, San Antonio, Houston, Atlanta, and Chicago.
And it's safe to say that mobile users aren't going to be overtaxing the service anytime soon, as there currently aren't any AT&T handsets that would actually be able to make use of the new network. Users would have to pick up either AT&T's USBConnect Momentum 4G modem, Elevate 4G mobile hotspot, or USBConnect Adrenaline in order to get Wi-Fi friendly devices or laptop and desktop PCs connected up to 4G LTE. Those, or the recently announced HTC Jetstream 10.1-inch tablet, which promises to support both AT&T's 4G LTE and "4G" network, or HSPA+.
That's a big difference that's worth highlighting, as it's sure to ensnare neophyte consumers who can't understand why their "4G" devices don't work on AT&T's new network. We're talking different technologies: 4G LTE isn't 4G, or HSPA+. The latter's more closely related, technology-wise, to a 3G network. And it's worth noting that 3G devices aren't themselves compatible with an HSPA+ network. Got it?
John Stephens, the CFO of AT&T, revealed the launch date at the Bank of America Merrill Lynch Media, Entertainment and Communications conference in Bellevue, Washington, according to Fierce Wireless. No locations were announced, but in May, AT&T said it would first hit Atlanta, Chicago, Dallas, Houston, and San Antonio.
In August, another AT&T exec said the company was on track to debut 15 LTE markets and up to 75 million POPs (points of presence) by the end of the year. Next year's rollout pace will depend on regulatory approval of its proposed T-Mobile merger, which is currently in limbo.
AT&T reportedly demoed its LTE network in Plano, Texas, the location of AT&T's Foundry, which delivered speeds of 28.87 Mbits/s down and 10.4 Mbits/s up.
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