T-Mobile Adds Another 1.5 Million Customers, Takes VoLTE Nationwide, Plans to Expand Coverage Outside of Metro Areas

T-Mobile CEO John Legere took to his company’s newsroom today to talk about how his crew is “firing on all cylinders.” In other words, T-Mobile is still killin’ it for the most part.

The wireless carrier added another 1.5 million new customers in the last quarter, making this their 5th consecutive quarter with at least 1 million or more net adds. In the past 15 months, T-Mobile has brought in a total of 7.6 million new customers, which is well, a lot. In fact, according to T-Mo’s numbers, they topped all of the other three major carriers combined in terms of postpaid phone adds. Not bad, right?  (more…)

LG Mobile Sells Record 14.5 Million Smartphones in Q2, Turns A Profit for the First Time in Three Quarters

Life’s good for LG, if the company’s financials are anything to go by. The smartphone division had a record quarter (selling 14.5 million smartphones), leading to a Q2 net profit of KRW 412 billion ($399.8 million) and an operating profit of KRW 606 billion ($588.5 million). That’s a 165% and 26.5% increase year-over-year, respectively. (more…)

Verizon Earns Record $4.21 Billion Q2 Profit, Gains 1.4 Million Subscribers

Patronizing and sleazy as Verizon can be, you’ve got to admit: they know how to make money.

The wireless carrier raked in the dough this quarter, earning a $4.21 billion Q2 profit on total revenue of $31.48. That represents an improvement of 7.5% and 5.7% year-over-year, respectively, which Verizon noted is the company’s highest growth rate in six quarters. (more…)

Google Lays Out Q2 Earnings, Beats Revenue Expectations

It’s Google earnings day, with Mountain View posting up their second quarter financials for the year of 2014. This quarter, revenue was up 22% year-over-year to $16 billion, with Q2 of 2013 ending at $13.11 billion. Patrick Pichette, CFO of Google, stated in the earnings report, “We are moving forward with great product momentum and are excited to continue providing amazing user experiences, with a view to the long term.”  (more…)

T-Mobile Rolls in 2.4 Million Net Customers in Q1, More Than Verizon and AT&T Combined

T-Mobile released its Q1 2014 earnings report this morning, showing that the wireless company added 2.4 million net new subscribers. It’s the first time in the company’s history that it managed to break the 2 million mark, but you could argue that another stat surrounding the number may be more impressive. Verizon (549,000) and AT&T (“more than 1 million”) combined only brought in around 1.6 million, so the country’s fourth largest wireless carrier managed to beat out the big dogs by a mile. We would add Sprint to the party, but they lost almost 600,000 customers.  (more…)

Google Posts Q1 Earnings for 2014 – Revenue Hits $15.4 Billion, Up 19% Year-over-year

It’s earnings day for Google, which just posted its Q1 results for the year of 2014. Revenue hit $15.4 billion (profit of $6.27 per share), up 19% year-over-year, despite missing analysts’ estimates of $6.40 per share on about $15.5 billion in revenue.

Google saw a slight decrease year-over-year of 9% in cost-per-click, a metric used to estimate how much Google can charge for advertisements, which was still on par with what Google saw in Q4 of 2013. (more…)