Independent app retailer GetJar said that it has passed the two billion download mark, which it said is “more than any cross-platform app store.” The company said it is providing a catalogue of more than 150,000 applications, which is growing daily, for more than 2,500 devices powered by Android, BlackBerry, Java, Symbian and the mobile web.
New figures from Strategy Analytics have confirmed Nokia’s dramatic collapse in smartphone market share, with the Finnish vendor falling behind both Apple and Samsung in shipments in Q2. According to the firm, total global smartphone shipments grew by 76 percent year-on-year to reach a record 110 million units in the quarter. However, Nokia’s smartphone shipments fell from a market-leading 23.8 million a year ago to just 16.7 million.
US operator Sprint confirmed its long-anticipated tie up with LTE network start-up LightSquared, stating that the companies have entered into a “15 year agreement that includes spectrum hosting and network services, 4G wholesale, and 3G roaming.”
Profits at Spanish-based operator giant Telefonica slumped 27 percent in the second-quarter, as the firm was hit by weaknesses in its home market and a write-down on its stake in Telecom Italia. Net income fell 27.4 percent to EUR1.54 billion in Q2, below the EUR1.64 billion predicted by analysts in a Bloomberg poll.
LG Electronics announced another quarterly loss from its mobile business, although increased sales of smartphones and cost reduction initiatives have enabled it to significantly reduce its deficit year-on-year. The company’s Mobile Communications business reported an operating loss of KRW54 billion (US$51.43 million), compared with a prior-year net loss of KRW119 billion.
Stocks in several large Indian operators rose yesterday following the news that market-leader Bharti Airtel had raised a number of call tariffs – prompting speculation that India’s fierce pricing war may have finally bottomed out. According to the Financial Times, shares in Indian telecom groups rose as much as 16 percent on Monday.
RIM said it is planning to cut 2,000 jobs across its global workforce as part of a “cost optimisation programme,” with Don Morrison, its COO (pictured), also set to retire after 10 years working for the BlackBerry maker. According to the company, it is making the cuts to eliminate redundancies and reallocate its resources to “focus on areas that offer the highest growth opportunities and alignment with RIM’s strategic objectives.”
Cash-rich Apple contributed more than half of the US$4.5 billion paid last month for Nortel’s 6,000-strong patent portfolio. The Cupertino-based technology giant was part of a winning consortium that also included EMC, Ericsson, Microsoft, Research In Motion and Sony.
Microsoft detailed changes to its App Hub, the portal for its Windows Phone 7 developers, ahead of the release of its next generation of the platform – codenamed Mango. The updates fall into three categories: more geographic markets for developers, consumers and advertising coverage; new private distribution options; and enhanced application and account management capabilities.