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Thursday, 23 May 2013
Ashton Kutcher: 'I Don't Think Anyone Has Mastered Mobile'
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Hisense's Sero 7 LT and Pro tablets hit Walmart stores tomorrow for $99, $149
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Microsoft finally wins ITC battle with Motorola over wireless P2P patent
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Samsung web profile shows GT-i8805 sporting Tizen and mid-tier specs
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Electric Chevy Spark to be Offered for Lease at $199/Month
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Blumoo turns mobile devices into RF remotes, streams music via Bluetooth (video)
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Samsung thinks the strangers who take pictures of you could do a better job
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Pandora Stock Jumps As Revenue Beats The Street, Grows 58% To $128.5M; Mobile Ad Revenue Hits Record High
Pandora has had a busy quarter. In March, the social radio company saw its long-time CEO Joe Kennedy abruptly step dow , leaving the board to scramble to find a replacement. On the bright side, Kennedy’s exit, while likely a result of stress, followed relatively good times for Pandora. And it’s continued to push forward since.
Pandora launched an ad-free version for Windows 8 in March, surpassed 200 million users (with over 140 million accessing Pandora via mobile) in April, then launched a “Premieres” station for U.S. users and deepened its Facebook integration with a new Timeline App.
Today, Pandora’s first quarter earnings reflected this flurry of activity, as the company saw GAAP total revenue increase 97 percent year-over-year to $83.9 million (with non-GAAP mobile revenue of $86.7 million), which outpaced mobile listener hour growth at 47 percent year over year. Meanwhile, total revenue came in at $125.5 million, representing 55 percent year-over-year growth and non-GAAP total revenue of $128.5 million.
What’s more, share of total U.S. Radio listening for Pandora grew to 7.33 percent in April — an increase from 5.86 percent in the same period last year.
This news followed a strong earnings report from Pandora for the fourth quarter as well, thanks chiefly to mobile revenue growth of 111 percent year-over-year (to $80.3 million), which caused the company’s stock to jump for joy.
Based on this performance, Wall Street expected the trend to (mostly) continue for Pandora in the first quarter, with forecasts pegging revenue at $123.9 million (on losses of $0.10 per share) for the quarter, compared to a loss of $0.09 per share for Q1 last year — and revenue of $123.5 in Q4. And so it did.
Of his company’s performance, Kennedy said:
Mobile listening hours and mobile ad revenue reached record highs, with growth in mobile ad revenue exceeding growth in mobile listening hours. During the quarter, we successfully implemented a mobile listening limit, enabling us to manage our content acquisition costs with minimal impact on listenership or revenue growth. Pandora’s subscriber base surpassed 2.5 million, adding more net new subscribers in the quarter than in all of fiscal 2013, giving Pandora the largest US streaming subscriber base of any music service.
It’s also interesting to note that Kennedy resigned after last quarter (as mentioned above), yet Pandora’s release today names him as Chairman and CEO. It seems either Pandora’s copy editors need more coffee or their communications team knows something we don’t. Perhaps Kennedy’s resignation (due, understandably, to heavy stress) was a bit more abrupt than intended and announced early. Although that’s not totally clear at this point.
All in all, it was a strong quarter for Pandora, with advertising revenue showing a 49 percent year-over-year increase to $105.1 million, with non-GAAP subscription and other revenue coming in at $23.4 million — a 114 percent year-over-year increase. Non-GAAP basic and diluted EPS were $0.10, right in line with Wall Street’s expectations, while the company ended the quarter with $75.4 million in cash, compared with $89 million after the prior quarter. (Cash used in operation activities came in at about $12.6 million.)
Some other notable metrics: Pandora’s total listener hours grew 35 percent to 4.18 billion for the first quarter, compared to 3.09 billion for the same quarter last year. According to Kennedy, this quarter Pandora’s mobile listening hours hit an all-time high, alongside significant growth of its subscriber base (which Kennedy claims above makes it the biggest in the U.S.)
As to guidance, non-GAAP revenue is expected to fall in the $155 million to $160 million range, while Pandora expects non-GAAP EPS to be in the range of -$0.02 and +$0.01.
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Slickdeals' best in tech for May 23rd: 24-inch Dell UltraSharp monitor and more
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Google uses computer vision and machine learning to index your photos
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Huawei Ascend P6 leaks in official imagery, may launch on June 18th
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The Engadget Podcast is live at 3:30PM ET!
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Leica teases Mini M camera, scheduled to debut on June 11th
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Apps para teléfonos móviles (poco) inteligentes
Dumb Store es una tienda de apps para móviles poco inteligentes, también conocidos como tontófonos. Aquí básicamente casi todo funciona por SMS: envías un mensaje a un número y te devuelve una lista de las opciones; contestas con otro y llegan más, etcétera.
Las apps en sí funcionan a veces por voz, a veces por SMS. Entre otras cosas hay números y códigos (el equivalente de las apps) con información meteorológica, juegos como el Piedra, Papel, Tijeras, una forma de acceso a la Wikipedia… Primitivo pero efectivo.
Estas aplicaciones no solo sirven para los teléfonos viejunos así porque sí; también pueden tener su sentido para personas que tengan dificultades para manejarse con un teléfono inteligente táctil ya sea por dificultades de visión, al teclear, etcétera. Casi todo el mundo puede teclear aunque sea despacio y Dumb Store resultará ideal para ellos.
Eso sí: los números de los SMS empiezan todos por +1 (Estados Unidos) así que ¡cuidadín! que el precio si se envían mensajes desde otros países puede ser desorbitado.
(Vía @minid.)
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Google Trekker to put the Galapagos Islands on Street View, one tortoise at a time
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Box Acquires French File Storage Startup Folders To Help Develop Its Next-Gen iOS App
It was just two weeks ago that fast-growing enterprise cloud storage company, Box, went out and acquired document embedding service and Y Combinator grad, Crocodoc. Apparently Aaron Levie sees what Yahoo is doing and he wants to show that Box is ready to do a little acquiring of its own.
Today, Box followed up with its second acquisition in as many weeks, scooping up the tech behind French startup and Box, Dropbox and Google Drive client for iOS, Folders. Developed by Martin Destagnol, Folders and its tech will be integrated into Box’s new iOS app, which is in currently in development.
Again, Box already has a version of its storage service on the App Store, but like many other companies of its ilk, the service hasn’t necessarily been putting its best foot forward on mobile, so to speak. Folders, on the other hand, was developed by Destagnol exclusively for mobile and to simplify file-sharing and complementary functionality for users on the go. And it shows: Folders is a good-looking, elegant app. I say that in the creepiest way possible, obviously.
In its announcement today, Box revealed that it’s planning to release a new version of its iOS app “later this year,” and Folders’ design and optimizations appear to be a big part of the mobile revamp. Furthermore, the motivation behind the Folders (and Crocodoc) acquisitions is not only to upgrade mobile, but the big “impact they can have” on the overall “Box user experience.”
VP of Engineering Sam Schillace explains:
I’m a firm believer that even applications developed primarily for the enterprise, like Box, need to be pushing the leading edge for user experience and design. They have to be ‘consumer-grade’ in terms of their usability, simplicity, speed and performance. This definitely raises the bar for enterprise software design and engineering, but there’s no doubt that the higher standards are a big win for users and a massive opportunity for Box.
Updating
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Hisense Unveils Sero 7 Pro Tablet Line Starting at $99
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Huawei Ascend Mate review: a supersized phone with supreme battery life
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Latest Chrome beta for Windows and Chrome OS brings richer notifications, coming soon to Mac and Linux
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Acer C7 Chromebook getting 16GB SSD option, keeping $199 price tag
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Drive and Calendar search rolling out to all US Gmail accounts
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99.9% Of New Mobile Malware Targets Android Phones
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Twitter for Mac 2.2.1 brings Notification Center support, various bug fixes
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PlayStation 4's DualShock 4 controller passes through the FCC solo
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Google X acquires Makani Power, an airborne wind turbine manufacturer
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Vertus Makes Any Speaker Bluetooth Friendly
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eTrak GPS+ melds WiFi, cellular and GPS tracking, launches at CTIA 2013 (hands-on)
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Microsoft's Don Mattrick talks Xbox One, calls backwards compatibility backwards
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Quantum Dot Technology On Its Way to Smartphones, Tablets and TVs
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Google now offers Top Charts and visualization tool for trending topics
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BBC's experimental Perceptive Radio intelligently adjusts what's playing
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Innodisk outs embedded SATA nanoSSD, nets 480MB per second from one chip
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Inteliscope: because your tactical rifle totally needed an iPhone strapped to it
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The Daily Roundup for 05.22.2013
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