Month: February 2020

Roku gains as Apple TV+ and Disney+ Launches drive Q4 Revenue

CompuScoop Staff February 14, 2020 0

Roku Inc. shares jumped higher in pre-market trading Friday after it posted stronger-than-expected fourth quarter revenues, and topped Street estimates for near-term sales…

Roku recorded a narrower-than-expected fourth quarter loss of 13 cents per share over the three months ending in December, as revenues surged nearly 50% to $411.2 million. Roku added 4.6 million new customers over the quarter, the company said, as new offerings from Walt Disney and Apple Inc. pushed the 2019 total to just under 37 million.

“As new services come on that’s good overall for Roku in terms of driving folks to the platform and increasing engagement,” CFO Steve Louden told investors on a conference call late Thursday… “And there was dollars in the quarter and dollars in the outlook related to new services like Disney Plus or Apple or others.”

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Just a Friendly Reminder: TODAY’S Valentine’s Day!

Dan Uff February 14, 2020 0

So..... Don't forget your Valentine!

Verizon’s Nationwide 5G Launch could be ready for a new iPhone that can handle 5G

CompuScoop Staff February 14, 2020 0

The next-generation wireless service will connect compatible phones through a combination of low-band airwaves using a new, unproven technology called dynamic spectrum sharing, according to Nicki Palmer, Verizon’s chief product-development officer.

While the speeds of the low-band 5G won’t be a massive improvement over current 4G connections, the launch will give Verizon a key marketing message as it competes with AT&T Inc. and T-Mobile US Inc. in what’s expected to be a potentially large, so-called super-cycle of phone sales triggered by the arrival of Apple’s 5G iPhone.

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