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T-Mobile Revenue Up
May 6, 2016 by admin
Filed under Smartphones
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T-Mobile US Inc reported a better-than-expected 10.6 percent rise in quarterly revenue and raised its forecast for customer additions in 2016 as popular discounts aided the No.3 U.S. wireless carrier by subscribers attract more business.
T-Mobile has been offering cheaper leasing plans and free music and video streaming to lure customers away from larger rivals Verizon Communications Inc and AT&T Inc.
T-Mobile, controlled by Deutsche Telekom, said it added 2.2 million customers on a net basis in the first quarter ended March 31.
That easily topped the average analyst estimate of 1.72 million, according to research firm FactSet StreetAccount.
The company said it expected to add 3.2 million to 3.6 million postpaid customers on a net basis in 2016, compared with its previous forecast of 2.4 million to 3.4 million.
T-Mobile’s 10.6 percent jump in quarterly revenue to $8.6 billion suggested its strategy to boost revenue was working. Analysts on average had expected revenue of $8.43 billion, according to Thomson Reuters I/B/E/S.
In comparison, market leader Verizon’s operating revenue rose just 0.6 percent to $32.17 billion.
AT&T is scheduled to report results later on Tuesday.
T-Mobile reported net income of $479 million, or 56 cents per share, for the first quarter, compared with a loss of $63 million, or 9 cents per share, a year earlier.
Source-http://www.thegurureview.net/mobile-category/t-mobile-revenue-up-continues-attracting-new-customers.html
NOAA Super Computer Goes Live
August 21, 2013 by admin
Filed under Around The Net
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The National Oceanic and Atmospheric Administration has rolled out two new supercomputers that are expected to improve weather forecasts and perhaps help better prepare us for hurricanes.
The two IBM systems, which are identical clones, will be used by NOAA’s National Weather Service to produce forecast data that’s used in the U.S. and around the world.
One of the supercomputers is in Reston, Va.; the other is in Orlando. The NWS can switch between the two in about six minutes.
Each is a 213-teraflop system running a Linux operating system on Intel processors. The federal government is paying about $20 million a year to operate the leased systems.
“These are the systems that are the origin of all the weather forecasts you see,” said Ben Kyger, director of central operations at the National Centers for Environmental Prediction.
NOAA had previously used identical four-year-old 74-teraflop IBM supercomputers that ran on IBM’s AIX operating system and Power 6 chips.
Before it could activate the new systems, the NWS had to ensure that they produced scientifically accurate results. It had been running the old and new systems in parallel for months, comparing their output.
The NWS has a new hurricane model, which is 15% more accurate in day five of a forecast for a storm’s track and intensity. That model is now operational and running on the new systems. That’s important, because the U.S. is expecting a busy hurricane season.
Will SSDs Make HD’s Obsolete?
HD makers can expect to see revenues decline as demand for traditional disk drives falls, according to IHS Isuppli.
Hard drive manufacturers Seagate, Western Digital and Toshiba have carved up most of the market, lowering warranties and keeping prices high after the Thai floods in 2011 that shuttered several factories. Now IHS Isuppli claims that the good times have come to an end, with industry revenues expected to drop by 11.8 percent in 2013 and 2014 not expected to show signs of improvement.
While Seagate and Western Digital gouged consumers by keeping prices artificially high even after production recovered to pre-flood levels, solid-state disk (SSD) drive makers aggressively brought prices down. Intel has also been pushing SSDs as part of its ultrabook specification and with Windows 8 tablets using SSDs, the long term prospects for hard drive makers are not looking good.
Fang Zhang, analyst for storage systems at IHS Isuppli said, “The HDD industry will face myriad challenges in 2013. Shipments for desktop PCs will slip this year, while notebook sales are under pressure as consumers continue to favour smartphones and tablets. The declining price of SSDs also will allow them to take away some share from conventional HDDs. However, HDDs will continue to be the dominant form of storage this year, especially as demand for ultrabooks picks up and hard drives remain essential in business computing.”
IHS Isuppli said Western Digital could overtake Seagate to become the market share leader by the end of 2013, and said that hard drives will see greater use in the enterprise market in cloud and big data use cases.
PC Sales Takes Toll On Seagate
Seagate Technology Plc’s shares tumbled as much as 8 percent on Tuesday, after the hard disk drive (HDD) maker projected first-quarter revenue below estimates on slowing sales of personal computers.
The company has been hit by sluggish economic growth and shaky sales of PCs as consumers shift toward tablets and smartphones.
FBN Securities cut its price target on Seagate’s stock to $32, saying selling prices had started to decline from their peak levels after theThailand floods last year and inventory had started rising.
Seagate’s weak outlook follows an upbeat fiscal 2013 forecast from rival Western Digital Corp, which is banking on strong sales to big businesses.
The company forecast first-quarter sales of about $4 billion, below analysts’ estimates of $4.62 billion, according to Thomson Reuters I/B/E/S.