Microsoft lost even more ground in mobile during its most recent quarter, posting a whopping 57 percent drop in Lumia sales year-over-year. The company sold only 4.5 million Lumia devices during the quarter, down from 10.5 million during the final quarter of 2014.
Retail giant Amazon, despite touting a 51 percent annual boost in new subscribers to its Prime membership program-- which includes online video streaming-- completely missed analyst estimates for sales in the fourth quarter of 2015. The company saw earnings per share of $1 on $35.75 billion in sales, well below forecast EPS of $1.56. Meanwhile, its cloud streaming competitor Microsoft posted EPS of 78 cents on $25.7 billion in revenue for its fiscal second-quarter 2016, well above Wall Street estimates.
Users of devices running Microsoft's Windows Phone 8 will have to wait a little longer to upgrade to Windows 10 Mobile.
A Redmond, Wash., company that has the backing of Bill Gates says there is no need to wait for the next generation of wireless to come around for the connected car: It can use satellite connectivity.
There's clearly a tremendous amount of interest in the IoT, and much of it is justified. IDC recently predicted worldwide spending on the IoT will reach $1.32 trillion in 2019, representing an impressive 17 percent compound annual growth rate. Other forecasts are equally optimistic. But the IoT must overcome some huge hurdles before it reaches its potential.
Microsoft is testing a cellular data app that will enable Windows 10 devices to access LTE networks without a contract, according to The Verge. The app is available for download in Windows Store, the report notes, but Microsoft has yet to announce it or discuss plans for any service.
Samsung Electronics posted preliminary fourth-quarter profits that fell well short of analysts' expectations, providing more evidence that growth in the worldwide smartphone market is slowing substantially. And the manufacturer is hoping the emergence of the IoT can ease its financial woes.
T-Mobile US announced in the coming weeks it will sell the new Windows 10 Fierce XL smartphone built by Alcatel OneTouch, the handset brand of Chinese electronics maker TCL. T-Mobile will sell the phone for $139.99, or for $5.67 per month for 24 months.
Microsoft has reportedly delayed pushing a Windows 10 Mobile upgrade to some existing Windows Phone 8 and 8.1 users.
Sprint is now supporting carrier billing on Windows 10 in the Windows Store, enabling subscribers to purchase content on any device from Microsoft's store without a credit card. Sprint is the first carrier worldwide to extend carrier billing for Windows Store.