John Paczkowski

Recent Posts by John Paczkowski

Sprint Gains Subs, Loses Money

Sprint hasn’t posted a quarterly net gain in subscribers in three years, so the company’s announcement this morning that it added 111,000 subs to finish its second quarter with 48.2 million is welcome news indeed.

Still, Sprint (S) continues to lose money, as it has for longer than anyone cares to remember. The company reported its 11th straight quarterly loss–$760 million, or 25 cents per share, on revenue of $8 billion. Analysts polled by Thomson Reuters were expecting it to lose 20 cents per share.

So lots of work yet left to be done.

“Our intense focus for the past 10 quarters on improving the customer experience, strengthening our brands, and generating cash are paying off,” CEO Dan Hesse said in an earnings release. “We feel we can confidently improve our subscriber forecasts for the second half of 2010 and deliver positive total net wireless subscriber additions for the remainder of the year.”

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work