Verizon has reported its earnings for Q3 2012. It posted double digit percentage earnings growth yet again, for the third quarter in a row. Verizon’s total operating revenues increased to $29 billion, with its operating income for the quarter increasing to $5.5 billion.
Wireless revenue was $19 billion, up 7.3% year-over-year, while wireline revenue was $9.9 billion, down 2.3% year-over-year, as expected. Wireless margins were at a record high, while FiOS revenue growth led to an increase in the wireline consumer revenue growth.
Verizon added 1.8 million retail connections in Q3, including 1.5 million postpaid connections. The total retail connections increased to 95.9 million, including 90.4 postpaid connections. It also increased the reach of its 4G LTE mobile broadband network to more than 250 million people in 419 markets in the U.S.
Lowell McAdam, Verizon chairman and CEO, said:
“In the third quarter, Verizon continued to deliver double-digit earnings growth and strong cash generation, and we remain solidly on track to meet our financial objectives for the year. With our 4G LTE network advantage, well-received Share Everything Plans and unmatched product portfolio, Verizon Wireless continues to do an outstanding job of balancing growth and profitability. Wireless achieved record profitability in a quarter in which we reported the highest number of retail postpaid gross and net adds in four years.
Based on the strength of our FiOS fiber-optic network, we reported the highest growth in U.S. consumer wireline revenues in 10 years. Additionally, strategic services growth in our Enterprise business helped offset weaker revenues caused by global economic challenges. We are confident that we have the right plans in place to meet these challenges while improving the long-term profitability in both Consumer and Enterprise.”
via Verizon – SEC
If you’re on Verizon Wireless and want a bit more subtle colored Galaxy S III, you’re in luck! After Verizon Wireless teased the black and brown Galaxy S III’s this Monday, Android fans were left excited though no release date was given. However, it looks as if Verizon has decided to release the devices at will as both the black and brown variants of the Galaxy S III can be purchased via the Verizon Wireless online store for $199.99 with a two-year contract or $599.99 contract free. If you plan on purchasing a black or brown Galaxy S III from your local Verizon store, we highly recommend calling in ahead of time to make sure they have the device in stock.
If you’re unaware, the Galaxy S III is one of the most hyped smartphones of 2012 and has sold millions of units worldwide. Most US carriers have been heavily pushing this device, so two new colors will give Verizon Wireless a definite marketing edge over other cellular carriers who do not yet stock these new colors.
Source: Engadget via Geeky Gadgets
Back in September,
Google Motorola released a couple of trio of new RAZR branded handsets, the RAZR HD/HD MAXX and the RAZR M. The RAZR M is a small powerhouse, packing in a 4.3-inch Super-AMOLED display with an edge-to-edge design, and a Qualcomm Snapdragon S4 processor.
The only problem is that the RAZR M runs on Android 4.0 Ice Cream Sandwich, instead of Android 4.1.1 Jelly Bean. Motorola promised that it will update all the three RAZR handsets to Jelly Bean by the end of this year, but by that time, Google would have released a new version of Android along with a new Nexus handset.
For all the impatient RAZR M owners out there, veteran Motorola developer – P3Droid – has leaked a Jelly Bean firmware for the handset.
Keep in mind that if flashing the leak on your phone will void its warranty. The installation steps are pretty easy. Simply download the zip file from here, and transfer it to the RAZR M’s memory card. Then, reboot your phone into recovery and select the install zip from SD card. Once the zip file has been flashed, reboot your handset. Do keep in mind that the first boot is going to take a long time, so please be patient.
Via – OMGDroid
Verizon and HTC will soon start rolling out the first software update for the DROID Incredible 4G LTE. The 154MB update mainly includes bug-fixes but adds some couple of new features as well.
Post the update, Incredible 4G LTE owners will be able to enjoy global roaming support on their handset. The update also adds support for Isis Mobile Wallet service, instead of Google Wallet, which is a shame. Verizon is a member of Isis Mobile Wallet team and this should come as a no surprise that the carrier will be forcing all OEMs to include its mobile payment service in future handsets.
Other changes in the update include an improved 4G LTE and Wi-Fi connectivity, addition of visual voicemail and enhanced customer care supported with Verizon Remote Diagnostics. Sadly, the update does bring Sense 4.1 to the handset, which all other HTC One series handsets recently got.
The support document for the update went live on Verizon’s website last night, so the OTA update should arrive within a matter of days.
Via – Droid-Life
Verizon Galaxy Nexus owners, consider yourself lucky today! Verizon has started rolling out the Android 4.1.1 Jelly Bean update for the CDMA Galaxy Nexus. For a “limited time”, Verizon is only rolling out the update in phases over Wi-Fi.
The Android 4.1.1 Jelly Bean update for the Verizon Galaxy Nexus will bring with it an enhanced keyboard, improved Face Unlock, Project Butter that makes Android as smooth as iOS, Google Now with enhanced Voice Search, an updated notification bar with expandable notifications and more. There is also a new radio which should hopefully improve the 3G to 4G hand-off, signal reception and boost battery life.
Since the update is being rolled out in phases, the OTA update might take sometime to hit your Galaxy Nexus. You can try to manually pull the update from Verizon servers by going to Settings -> About Phone and then selecting the ‘System Updates’ option. Make sure you are connected to a Wi-Fi network before trying to pull the update from Verizon’s servers though.
When Samsung announced the Galaxy Note 2 at IFA in late August, it did not provide much information about the U.S variants of the device. However, over the last couple of weeks, enough evidence have leaked to confirm that the Galaxy Note 2 will be launching on all the major U.S carriers like the Galaxy S3.
Now, a tipster has sent some leaked pictures of the Verizon variant of the Galaxy Note 2, showing off the phablet in its entirety. While the Verizon Galaxy Note 2 will look similar to the international Galaxy Note 2, it will sport a Verizon branding at its back and on the physical home button on the front. I really hope that the Verizon Galaxy Note 2 does not sport the VZW logo on the physical home button at the front. If it does, Verizon, you just won the award for placing your logo at the most weird place possible in a device.
The leaks suggest that all the U.S variants of the Galaxy Note 2 will sport the quad-core Exynos SoC along with 2GB of RAM. This will be the first time that Samsung will be coupling its Exynos SoC with an LTE baseband in the United States.
When Samsung unveiled the Galaxy Note last year, the company was mocked for releasing such a big phone or a tablet with such a small screen. The hybrid handset fell in no man’s land and was criticized by every reviewer out there for its size. Even then, the sales figure of the Galaxy Note proved everyone wrong and the phablet managed to sell in excess of 10 million units, even though it was not widely available in a major market like the United States.
While the Galaxy Note was more of an experiment for Samsung, the Galaxy Note II is all set for sure shot jackpot. People have been itching to get their hands on the Note II ever since Samsung announced it in August, and this time the company has decided to go big with this big handset. Thee Korean company aims to go big with the Note II by launching it on all major U.S carriers like it did with the Galaxy S III.
The folks over at BriefMobile have managed to get their hands on some leaked screenshots, which show off the About Phone screen of the Verizon, Sprint, AT&T and T-Mobile variants of the Galaxy Note II. Unlike the U.S variants of the Galaxy S III though, the Galaxy Note II in the United States will not be sporting a Qualcomm S4 Krait SoC. Instead, it will be powered by the same quad-core Exynos SoC that will be found inside the International Galaxy Note II. This will be the first time that Samsung will be bringing its Exynos SoC to the United States with LTE support. It will be interesting to see which 4G LTE modem Samsung has coupled with its Exynos SoC inside the Galaxy Note II, and whether it is as power efficient as the Qualcomm’s S4 Krait SoC+modem combination.
After the Galaxy S III and the iPhone, the Note II will be the only device to launch with presumably the same specs and design on all the four major U.S carriers.
Google’s take-over of Motorola has slowly started showing its effect. The Motorola RAZR HD and RAZR HD MAXX might not be downright impressive handsets, but the custom skin from Motorola is. The company’s skin does not interfere much with stock ICS, and adds some nice little features which will be appreciated by all.
Last night, when Motorola announced its three new RAZR branded handsets, it also made another major announcement. The new CEO of the company has announced that most of its handsets released in 2011 will get the Jelly Bean update. If for some reason your Motorola handset does not make it to the list, Motorola will give you a free $100 credit to buy a new phone. Users will obviously have to trade-in their old phone to get the $100 credit. Users can, however, very well sell their Motorola phone on Craigslist or Swappa for something much more than $100.
Either way, the $100 credit from Motorola, will allow existing owners to get the recently announced DROID RAZR M for free on a two-year contract, which is a pretty good deal.
The trade-in program requires that users purchase a new Android based handset from Motorola itself, and not from any other company. Owners of Motorola devices can find more details and sign-up for the program here.
Along with the DROID RAZR HD and DROID RAZR HD MAXX, Motorola also unveiled a mid-range RAZR branded phone for Verizon’s network, the DROID RAZR M. The RAZR M sports a much smaller 4.3-inch qHD (960×640) Super-AMOLED display with almost no bezel. It is still not confirmed whether this is the same bezel less phone about which Bloomberg reported last week.
Apart from the screen, the RAZR M packs in the same internals as its bigger brothers, a 1.5GHz Qualcomm Snapdragon S4 processor, Adreno 225 GPU, 1GB of RAM, 8GB of internal memory, a microSD card slot, NFC, support for Verizon’s 4G LTE network, an 8MP snapper with LED flash, a front-facing camera and the other usual features.
Sadly, the RAZR M will launch with Android 4.0.4 Ice Cream Sandwich on-board and not Android 4.1.1 Jelly Bean. Motorola has, however, promised that all the three handsets it has announced today will get Jelly Bean before the year end.
The RAZR M goes on pre-order from today, and will hit the retail stores on September 13th next week for $99 with a two-year contract from Verizon.
Last night, Motorola announced the successor to the DROID RAZR and RAZR MAXX at an event in New York — the DROID RAZR HD and RAZR MAXX HD. Both the handsets sport a 4.7-inch display Super-AMOLED display with 720p HD resolution. There is no ‘Plus’ here, so the display has a PenTile pixel arrangement. The handsets also feature a Kevlar back and a water-resistant nano-coating like the original Droid RAZRs.
Internally, the ubiquitous Qualcomm Snapdragon S4 clocked at 1.5GHz, an Adreno 225 GPU and 1GB of RAM keep things chugging along. Other features of the handsets include an 8MP camera capable of recording videos in 1080p HD resolution, NFC, microSD card slot, 16GB of internal memory on the RAZR and 32GB on the RAZR MAXX HD, global roaming support, and support for Verizon 4G LTE.
Both the handsets retain nearly the same dimensions as their predecessor, even though they include a bigger screen. The DROID RAZR will come with a non-removable 2500mAh battery, while the RAZR MAXX HD will come with a non-removable 3300mAh battery that is capable of providing nearly 13 hours of continuous video playback.
The RAZRs will be running on Android 4.0.4 out of the box with a new skin from Motorola that is much better than their previous MotoBLUR skin. Motorola did not provide much information on the pricing or availability of the handsets, except that the handsets will be available before the holidays.