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Friday, April 27, 2012
Samsung's Q1 2012 profits nearly double year-over-year on higher margins for TVs and phones
The numbers for Samsung's first quarter of 2012 are in and as it expected they are up sharply over the same period from 2011. After predicting profits of 5.8 trillion won it managed to top that, notching an operating profit of 5.85 trillion won ($5.16 billion US) for the quarter, a 98 percent gain over a year ago. Phones accounted for 73 percent of the profit, contributing 4.27 trillion won to the bottom line. As the world awaits the debut of what we assume will be the Samsung Galaxy S III May 3rd powered by its Exynos 4 Quad CPU, there's clearly no shortage of demand for the Galaxy S II and Note. Sales of chips and TVs decreased from last quarter, but like its competitor LG, growing sales of high res tablet panels (we wonder which one that might be), 3DTVs and OLEDs increased profitability. Specifically, the high end 7000/8000 series of HDTVs increased sales by 50 percent from last year, while the company plans to focus on "region-specific" LED models for emerging markets, and high end (and high priced) flat-panels for developed markets.
We're listening in to the earnings call at the moment, and we'll let you know if there's any other details that come out of what is mostly boring numbers talk. So far it's all pretty businessy, although in response to a question executives did confirm that they expect the Galaxy S III and Galaxy Note to occupy different segments in terms of size. So there you have it -- the Galaxy S III will (shockingly) not have a 5.3-inch screen. Also, it predictably is trying to continue the trend of global launches, although that hardly puts to rest the issue of how long we may end up waiting for carrier-specific versions here in the US. Check out the rest of Samsung's details in a press release and a few slides from the report embedded after the break.
Samsung's Q1 2012 profits nearly double year-over-year on higher margins for TVs and phones originally appeared on Engadget on Thu, 26 Apr 2012 20:20:00 EDT. Please see our terms for use of feeds.
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Thursday, April 26, 2012
Backstreet Boys, 'NSYNC Out Of Battle Of The Boy Bands
New Kids on the Block, One Direction, the Wanted and more advance to second round — voting is open now!
By Christina Garibaldi
Backstreet Boys at the 1999 VMAs
Photo: Getty Images
It was a highly unpredictable first round of MTV's Battle of the Boy Bands, with perceived favorites Backstreet Boys and 'NSYNC out of the competition.
Irish boy band Westlife ousted BSB, and British group 5ive took out 'NSYNC by an extremely thin margin.
Many other matchups went down to the wire, including New Kids on the Block, who narrowly avoided an upset by Take That. O-Town received a late rally from their fans, giving them the edge over the Jackson 5. New boy bands like One Direction, the Wanted and Big Time Rush will move on to the next round, but, as you can see, it seems as if no one is safe.
So who remains in the competition? Let's take a look at the next round of matchups!
Midwest
Westlife vs. O-Town: Westlife proved to be a real contender in this competition after beating the Backstreet Boys in round one. The group — which is about to kick off a farewell tour in May — seems to have a die-hard fanbase that may prove tough for O-Town to overcome. But don't count them out just yet: They also had a tough first-round matchup in the Jackson 5, and fans may still be hoping for a reunion from these guys, since last year, four of the five original members announced they wanted to get back together.
The Beatles vs. New Kids on the Block: NKOTB barely made it through to the second round and now have to face an even tougher competitor: The Beatles. The New Kids had much of their success in the late'80s and early '90s and have sold 80 million records worldwide. Pretty impressive, but the Beatles are known as the original boy band and are the best-selling band in history. Let's hope NKOTB are "Hangin' Tough."
East
Jonas Brothers vs. Hanson: It's not only a battle of the boy bands; it's a battle of the brothers! Hanson and the Jonas Brothers will face off in a touch matchup in the next round. Both groups, consisting of three brothers, are known for their infectious pop hits and the fact that they all play their own instruments. Hanson received massive success in the mid- to late '90s with single "MMMBop," which hit #1 in 27 countries. After marriages, babies and several albums, the group is very much still together and will be touring this summer. With four LPs in just as many years, the Jonas Brothers have sold 8 million albums worldwide and became a household name after starring in two Disney Channel movies, "Camp Rock" and "Camp Rock 2: The Final Jam." The guys took a break to work on solo projects but have been working on a follow-up to their 2009 album, Lines, Vines and Trying Times.
LFO vs. 5ive: Both of these boy bands barely edged out their competition, which should make for an interesting second-round matchup. 5ive found success overseas with 11 top 10 singles and four top 10 albums in the U.K. before they called it quits in 2001, and LFO became popular in the U.S. during the wave of late-'90s boy bands and had two top 10 hits, including "Summer Girls." This one may go down to the wire again with both groups having very loyal fanbases.
West
The Wanted vs. the Monkees: British boy band, the Wanted have certainly gained momentum here in the States over the past few months. The group released a much-anticipated U.S. EP earlier this week and premiered the "Chasing the Sun" video on "MTV First: The Wanted." They will have to see if this energy can carry them through when they face off against the Monkees. The group enjoyed success in the mid-'60s with their hit television show and songs like "I'm a Believer" and experienced a revival in the mid-'80s with a performance at the 1986 MTV Video Music Awards. The band continued to tour off and on until 2011 but lost member Davy Jones earlier this year when he died of a severe heart attack.
Big Time Rush vs. Boyz II Men: Both of these groups easily made it past their first-round competition, but it will most likely be a closer matchup in round two. Big Time Rush may have a younger audience voting for them, since they gained success with their hit Nickelodeon television show. Boyz II Men, on the other hand, have longevity on their side, being that they are the most successful R&B group of all time.
South
One Direction vs. IM5: Even though both of these boy bands are relatively new to the music scene, it seems they already have a lot in common. One Direction were assembled by Simon Cowell on the U.K. version of "The X Factor," and IM5 were recently created by "American Idol" creator Simon Fuller, Perez Hilton and creative director and choreographer Jamie King.
NKOTBSB vs. Mindless Behavior: With the Backstreet Boys out of the competition, BSB fans can still vote for NKOTBSB. The New Kids on the Block and Backstreet Boys supergroup released a compilation album in 2011 consisting of each of their hit songs and two joint singles including "Don't Turn Out the Lights." The group is overseas on the European leg of their tour. But don't ignore the power behind the fans of Mindless Behavior. The group, which has actually toured with the Backstreet Boys, just released the single "Hello" in March.
Voting in round two of MTV's Battle of the Boy Bands runs until noon ET on Monday, April 30. Winners are determined by fan votes, so if your favorite band made the cut, make sure you keep voting. Tune in to AMTV and MTV Hits for their boy-band video takeovers each day and make sure to spread the word on Twitter using the hashtag #BBB and like us on Facebook for updates!
Vote for your favorite band, discuss and share on Facebook and Twitter in the MTV Battle of the Boy Bands interactive bracket!
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Wednesday, April 25, 2012
The Postal Service Shipped This Guy's Package Across the Country Twice for No Reason [Packages]
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With $1.3M From Voyager & More, Chirpify Brings Direct Music, Ticket Sales To Twitter
In February, Chirpify rebranded from SellSimp.ly and launched a Twitter commerce platform that allowed brands and consumers to buy, sell, donate and transact through tweets without leaving the comfort of Twitter. Since launch, Chirpify has seen growing traction, thanks in part to a promotional campaign launched at SXSW, called "Tweet-a-Beer," which resulted in a huge boost of traffic for Chirpify, with two new users signing up every second. Today, the startup's direct sales model for Twitter is officially getting further validation -- this time in the form of capital -- as the startup announced that it has secured $1.3 million in series A financing. The new round of investment, which adds to the $50K in seed it raised from its incubator Upstart Labs, was led by Voyager Capital, with participation from Geoff Entress, BuddyTV CEO Andy Liu, former Facebook exec Rudy Gadre, Hootsuite CEO Ryan Holmes, and TiE Oregon Angels.desean jackson kyle orton kyle orton ncaa tournament schedule black and tan dwight howard trade ncaa bracket 2012
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