Clearwire Q4: revenues up, costs down, LTE expensive
Things are looking up at Clearwire, its Q4 revenue came in just over Wall Street’s estimates at $362 million, split between $198 million retail and $164 million wholesale — with the latter figure up 20 percent over the last quarter. It pointed a finger at increased smartphone usage and slashed operating costs (spending only $82 million) as the reason for the bump. With this being Clearwire, it’s still in the business doldrums, relying on handouts from Sprint to keep it going. It’s planning to flog off around $300 million of debt to “qualified investors” as a way to ensure sufficient funding for the forthcoming LTE rollout. If you’re interested in this sort of thing, you can read the full breakdown after the interval, presumably storming around pretending that you’re Gordon Gekko.
Continue reading Clearwire Q4: revenues up, costs down, LTE expensive
Clearwire Q4: revenues up, costs down, LTE expensive originally appeared on Engadget on Tue, 24 Jan 2012 19:53:00 EDT. Please see our terms for use of feeds.
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Apple folding Anobit into main hardware engineering team
Apple has finally shed more light on its recent acquisition of the flash memory specialist Anobit. As part of the conference call following Apple’s fiscal fist quarter financial disclosure, chief executive Tim Cook explained that Anobit would be integrated into the company’s primary hardware engineering unit….
Understanding and Optimizing the UAC in Windows 7
If you have never really got your head around the Windows 7 User Account Control (UAC) security feature then this new article will set things straight for you. It is short, useful and written in plain English.br /
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