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October 24, 2012
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News for wireless telecommunications professionals

  Top Story 
  • Apple sets $329 price tag on iPad Mini to mixed reaction on Wall St.
    Video: Apple IPad Mini's Price `Makes Sense,' IDC's Ma Says  
    Apple's decision to price its 7.9-inch iPad Mini at $329 for the 16 GB Wi-Fi version left many on Wall Street scratching their heads, but executives said the new device is a far better product than the slew of lower-end alternatives being offered at $199. The Mini and the iPad 4 go on sale Nov. 2. "The most affordable product we've made so far was $399, and people were choosing that over those devices," said Apple marketing chief Phil Schiller. Some analysts praised the move saying it keeps profit margins high, allows Apple to reap the benefits from its brand name and gives the company room to eventually drop the price. ClipSyndicate/Bloomberg (10/23), Reuters (10/24), Bloomberg Businessweek (10/24), The Wall Street Journal (10/23), The Wall Street Journal (10/23) LinkedInFacebookTwitterEmail this Story

  Company News 
  • AT&T sells 6.1 million smartphones as profits outpace estimates
    AT&T added 151,000 new contract subscribers and sold 6.1 million smartphones -- 1.3 million more than in the same quarter last year -- in reporting a $3.6 billion profit today that surprised Wall Street on the upside. The carrier moved 4.7 million iPhones, a figure that was depressed due to a shortage of the new handsets, AT&T said. Wireless revenue experienced a 6.6% gain during the quarter, coming in at $16.6 billion. The telecom upped its 2012 free cash flow outlook by $2 billion to $18 billion. ZDNet (10/24), Reuters (10/24), Yahoo/The Associated Press/The Canadian Press (10/24) LinkedInFacebookTwitterEmail this Story
  • DISH's Ergen sees "window closing" on wireless network plans
    Industry consolidation could jeopardize DISH Network Chairman Charlie Ergen's plans to provide national wireless broadband service, the executive conceded in an interview, saying the "window is closing" for partnering with a carrier. He blamed the Federal Communications Commission for moving too slowly in approving a waiver DISH needs to deploy its satellite spectrum for terrestrial services. Ergen has began considering an exit strategy, perhaps selling the valuable spectrum. FCC Chairman Julius Genachowski said the agency should rule by year's end. Bloomberg (10/24) LinkedInFacebookTwitterEmail this Story
  • Facebook boosts confidence with big jump in mobile revenue
    Facebook's announcement that mobile accounted for 14% of its revenue in the third quarter illustrates the social network is experiencing early success in the sector, although questions still remain. The unexpected figure immediately boosted Facebook's previously lagging share price. "They're showing that they can transition even as they're going from desktop to mobile," said Benjamin Schachter, an analyst at Macquarie Securities USA. Reuters (10/24), Bloomberg (10/24) LinkedInFacebookTwitterEmail this Story
  • Other News
  Mobile In Industry 
  • Intel eyes role in "smart" cars with no drivers, instant apps
    Intel demonstrated a smart car of the future at a company event in Spain on Tuesday, saying it envisions a time in the next five years when driverless vehicles outfitted with quad-core processor technology can update themselves with the latest applications. "A car that drives autonomously and has a 100% guarantee that an accident won't happen would require a lot more compute performance. How much? We don't really know yet," said Michael Konow, an Intel engineering manager. Computerworld (10/23) LinkedInFacebookTwitterEmail this Story
  • Blind can call on Ray for easier Android phone use
    Blind and visually impaired users will be able to get more use out of a smartphone with new technology called "Ray" that integrates features from the many specialty devices on which this population depends. The touch-screen interface deploys readily available Qualcomm-powered Android technology and includes sensors, haptics, text-to-speech functions and audio feedback to allow the sight-challenged to use common smartphone functions. CNET/Crave blog (10/23) LinkedInFacebookTwitterEmail this Story
  • Other News
  Trends & Research 
  Earnings Roundup 
  • LG swings to black on surprisingly strong phone sales
    LG Electronics sold more than 7 million smartphones -- a quarterly record -- in the third quarter, surprising analysts and propelling the South Korean company to its third consecutive quarterly profit. LG credited its Optimus line of handsets, saying that 70% of its mobile sales came from smartphones as the company sold a total of 14.4 million cellphones. The solid results contrast with the struggles of rivals Nokia and Research In Motion. The Miami Herald/The Associated Press (free registration) (10/24) LinkedInFacebookTwitterEmail this Story
  CTIA News 
  • MobileCON: U.S. Army on connecting U.S. soldiers with mobile
    Today's U.S. military is finding tremendous ways to use wireless technology to perform its vital work to keep Americans safe, but leveraging civilian technology for its purposes can be challenging, especially when it comes to something as important as communication. Mike McCarthy, director of operations at the U.S. Army's Mission Command Complex, talks about the Army's efforts to outfit today's soldiers with smartphones. Watch the Buzz Zone interview from MobileCON. LinkedInFacebookTwitterEmail this Story
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