Tag Archive | "Expectations"

Verizon profits nearly double, still miss Wall Street expectations


Verizon’s quarterly earning report is in and Big Red’s profits are nearly twice the amount of last year’s, with earnings coming in at $4.65 billion which is a great figure compared to last year’s $2.37 billion. Also,Verizon earned 872,000 new customers.
These figures seem pretty solid, right? Not to Wall Street analysts, who wanted to see 55 cents per share. Verizon ended up making 54 cents per share, and thus Verizon share went down 1.3% so far.
This is the last quarterly report the company will have before the iPhone 4 is added to Verizon’s arsenal of smartphones, so we’ll waiting to see howthese numbers change next quarter.

Verizon profits nearly double, still miss Wall Street expectations



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Electro Grill Stokes Our Hearts, Exceeds Expectations


Product: Q140 Electric Grill

Manufacturer: Weber

Wired Rating: 6

Normally we think grills with electric heating elements are a dumb idea. That was until we used the Q140.

After we got over our prejudice against a grill that uses neither gas nor charcoal for heat, we realized that the Q140 was a pretty effective cooker. Its heat-reflecting lining and oval shape direct BTUs at your grillables, and closed-lid cooking provided excellent results on fish and veggies. Keep the lid closed, though: Despite the benefit of plugging into a 120-volt outlet, this 1,560-watter struggled to reach 500 degrees Fahrenheit in our tests; those who want to seriously sear their burgers and steaks should look elsewhere.

The grill provides an ample 189 square inches of cooking space, second largest in our test, allowing a dozen burgers to be easily zapped simultaneously. Of all the food we cooked, chicken fared the poorest, finishing with a rubbery outside that is typical of electric ovens, rather than the char that comes with flame. The heat-up test provided the slowest results in the comparison, taking 27 minutes from plug-in to boil a pint of water.

For condo and apartment grillers who don’t have yards, the Q140 likely solves the “no barbecues on the balcony” rule by eliminating the hazardous flames. However, it is still strictly an outdoor-only grill, as the heating element can be dangerous in enclosed places. We also stumbled over the power cord on occasion, which may be a compliment to how well this grill ended up performing alongside its fiery cousins in the test.

WIRED Never runs out of fuel as long as you pay the electric bill. Optional fold-up stand clears up table space for food and eating.

TIRED Low top heat. No temperature gauge. Its portability ends 6 feet from a power outlet.

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iPhone 4 launches Thursday to great expectations


The iPhone 4 arrives Thursday, facing strong competition from Google’s Android-based smartphones. But analysts say the latest version of Apple’s phone figures to strengthen the company’s position in the smartphone market.




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Nokia lowers financial expectations for 2010


So here I am all excited and pleased with the T-Mobile Nokia E73 Mode and then I see news from Nokia that they are lowering expectations for second quarter 2010 and full year outlook predictions. As a publicly traded company, it seems that Nokia needs to keep shareholders updated with the situation so there are no real surprises at the end of financial periods. Nokia stated that several factors are negatively impacting their Devices & Services business more than expected. These factors include:

  • the competitive environment, especially at the high end
  • shift towards lower gross margin products
  • depreciation of the Euro affecting cost of goods sold, expenses, and global pricing tactics

Nokia will still have net sales in the range of EUR 7 billion, but they expect their mobile device market share to remain flat in 2010. Actually, remaining flat is pretty impressive given that Palm’s webOS, Apple iOS, and Google’s Android OS are much flashier with many more high end devices available. Given that Nokia is reducing the number of devices it launches, is in a transitional period as it moves to the Symbian^3 (and higher) operating system, and is killing off Maemo and transitioning to Meego it really is no surprise that they would be flat in 2010. The last flagship device they launched, the Nokia N97, was about a year late and had software and hardware issues that kept it from being as good as it should have been. The Nokia N8 will be the next major device, but that will launch a bit later in 2010 and probably have little effect on this year’s financials.

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Pound Continues To Be Dragged Lower By Dimming Yield Expectations


Pound Continues To Be Dragged Lower By Dimming Yield Expectations
Pound Continues To Be Dragged Lower By Dimming Yield Expectations

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