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Showing posts with label Amazon Financial Results Q3. Show all posts
Showing posts with label Amazon Financial Results Q3. Show all posts

Thursday, 3 October 2019

Microsoft just announced at its big product event, a Two-screen Android phone

Microsoft surprised onlookers with a pair of new dual-screen hardware devices it’s planning to release next holiday: The Surface Neo laptop and the Duo smartphone, which runs Google’s Android operating system rather than Microsoft Windows.

The announcements came at the end of Microsoft’s annual hardware event, where it also introduced refreshed versions of its Surface tablets and laptops, and a new Surface that runs a Qualcomm low-powered chip based on a design from ARM — similar to those found in Apple’s iPad and most smartphones — rather than the Intel-based processors that traditionally run Windows PCs. It’s the third time Microsoft has unveiled an ARM-based tablet, but its past efforts failed at the market because they could not efficiently run traditional Windows apps.


“With the Surface we focused on three distinct ambitions,” Microsoft CEO Satya Nadella said. “We wanted to put people at the center of every device experience. We wanted to innovate across form and function, especially with a focus on how we can drive the next level of creation and productivity. That led to the first Surface Pro 2-in-1. Today we will share the next chapter of this journey,” Nadella said. “We believe the next decade will be about creation and amplifying what we can do as humans.”

Microsoft’s event follows a flurry of hardware announcements from rivals like AppleAmazon, and Samsung. The launches allow the companies to get their products out in front of consumers before the upcoming holiday shopping season.
Here’s a rundown of everything that was announced:


The big surprise: Microsoft Surface Duo phone




The biggest surprise was a small smartphone that can run two apps on two different screens. It’s called the Microsoft Surface Duo and runs Android, and will be available in the 2020 holiday season.

It’s the first return for Microsoft to the mobile space since it abandoned Windows Phone years ago. “Make no mistake, this product is a Surface,” said Microsoft product chief Panos Panay, “because of how productive you can be on it. We know, scientifically, that you will be more productive on two screens.”


It has a 360-degree hinge, two 5.6-inch displays and can completely fold up when you’re not using it.

“We’re partnering with Google to bring the absolute best of Android into one product,” Panay said, noting it will support all Android apps. Unlike the Samsung Galaxy Fold, which also folds, a hinge runs down the middle, which should prevent damage, since there’s not a single screen across the entire inside.




Friday, 24 October 2014

Amazon writes-off $170 million because of Fire phone




Amazon has just released its financial results for Q3, which ended September 30, 2014. While net sales increased 20% to $20.58 billion, the company reported an operating loss of $544 million for the quarter. This is a massive change of fortune even when compared to the operating loss of $25 million from the same quarter in the previous year.
A big chunk of that operating loss comes from a $170 million charge related to the write-down costs associated with the Amazon Fire smartphone. The extent to which the smartphone has flopped was revealed by Amazon’s Chief Financial Officer Tom Szkutak during a conference call with investors.
We even took the bold step to publish a piece called 'why the Amazon Fire phone will fail.'
Rumors that Amazon was working on a smartphone were rampant for several years and in June of this year the company finally revealed the device. However the handset failed to impress. It had solid specs, with a 2.2GHz Snapdragon CPU, 2GB RAM, an Adreno 330 GPU and an impressive sounding f/2.0 13MP rear shooter with OIS. It also had some interesting features with its Dynamic Perspective 3D system, Firefly technology, and the Mayday help service.
However, you could only download apps from Amazon’s Appstore. Amazon does the same thing with its Kindle Fire tablets, but for a tablet such a restriction is less of an annoyance, as long as the major apps are there, it isn’t a problem. But your phone is your “go to” device and Amazon was really asking you to invest in yet another eco-system, and consumers didn’t respond favorably.
Here at Android Authority we even took the bold step to publish a piece called “why the Amazon Fire phone will fail.” We don’t really like to blow our own trumpet around here, but we told you so.
The company has lots of cash and because of its diversity, Amazon is doing a lot of interesting (and hopefully profitable) things.
But it isn’t all bad news for Amazon. The company has lots of cash and because of its diversity, Amazon is doing a lot of interesting (and hopefully profitable) things. It just recently announced the new Kindle Voyage, Amazon’s thinnest e-book reader with the highest screen resolution in a Kindle reader to date. Amazon Fire TV is now the best-selling streaming box on Amazon for the U.S., U.K., and Germany. Away from hardware, Amazon Studios is commissioning new TV series which will be shown exclusively on Amazon Prime Instant Video. Then there is Amazon Web Services (AWS), AmazonFresh, Amazon Game Studios, and so on.
In other words, Amazon took a bet on the Fire phone, it failed, it cost a lot of money, but Amazon will keep on rolling forward.

By "Kunal Vohra", Director@H2K

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