Friday, January 27, 2012

Motorola announces Q4 2011 earnings: $3.4 billion revenue, $80 million net loss

Motorola offered a estimate that lowered expectations for its Q4 2011 earnings earlier this month, and it's now out with the final numbers, reporting net revenues of $3.4 billion and a GAAP net loss of $80 million. That's a swing in the opposite direction from $80 million in net earnings during the same quarter a year ago, although the company did achieve the "modest profitability" it had promised on a non-GAAP basis, reporting earnings of $61 million by that accounting standard. Its earlier estimates of device shipments for the quarter also proved to be on the mark, with the company confirming that it shipped 10.5 million mobile devices in total, 5.3 million of which were smartphones. Mobile device shipments for all of 2011 totaled 42.4 million, with 18.7 million of those being smartphones.

As for the company's efforts to break into the tablet business, it says it "shipped" 200,000 tablets in Q4 and an even one million during the year, although there's no word on actual sale figures to consumers. Motorola's Sanjay Jha also says that the company remains "energized" about the proposed merger with Google, which is still expected to close in early 2012 (it's also, incidentally, precluded an earnings call for today). Those interested can find all of the company's numbers at the source link below.

Continue reading Motorola announces Q4 2011 earnings: $3.4 billion revenue, $80 million net loss

Motorola announces Q4 2011 earnings: $3.4 billion revenue, $80 million net loss originally appeared on Engadget on Thu, 26 Jan 2012 16:52:00 EDT. Please see our terms for use of feeds.

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Source: http://www.engadget.com/2012/01/26/motorola-announces-q4-2011-earnings-3-4-billion-revenue-80-m/

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Scots ponder independence vote with 16-year-olds (AP)

LONDON ? Scotland's leader has presented his proposal for a ballot on independence ? and his ideas include letting 16- and 17-year-olds cast ballots in a vote that could see the breakup of Britain within four years.

First Minister Alex Salmond announced the Scottish government's preferred options for the vote on whether to sever ties from Britain, which it plans to hold in the fall of 2014. A "yes" vote would lead to independence taking effect with a May 2016 election for the Scottish Parliament.

Scotland and England united in 1707 to form Great Britain. Scotland gained significant autonomy after voting in 1997 to set up the Edinburgh-based Scottish Parliament, but some Scots want to go further and make the nation of 5 million people an independent country within the European Union.

Salmond told Scottish lawmakers in the Edinburgh assembly Wednesday that the ballot would ask "Do you agree that Scotland should be an independent country?"

But he said it could also include a third option, backing increased autonomy short of full independence.

And he said the voting age should be lowered from the current 18.

"If a 16-year-old in Scotland can register to join the army, get married and pay taxes, surely he or she should be able to have a say in this country's constitutional future?" Salmond said.

Scottish 16-year-olds can join the army ? though they cannot be sent into combat until they are 18 ? work full-time and marry without parental consent. The official Scottish drinking age outside the home is 18, but even that has some exceptions for 16- and 17-year-olds.

Salmond, who leads the separatist Scottish National Party, said independence would bring "a new, more modern relationship between the nations of these islands ? a partnership of equals."

The exact wording is subject to input from Scottish voters and negotiations with the British government in London, which insists it has the final authority to authorize a binding referendum.

British Prime Minister David Cameron's Conservative-led government has offered the Scottish administration the power to hold a vote on independence, but wants a say in the timing and could insist that the Electoral Commission, which will run the referendum, be allowed to set the question.

Salmond's proposed wording is likely to be seen by opponents as slanted in favor of independence.

Opponents of independence want to hold the vote as soon as possible, because polls suggest only about a third of Scots favor splitting from England.

Cameron has said the ballot should pose a straight yes-no question, and not include a third option, which has been dubbed maximum devolution. Salmond disagrees.

"If there is an alternative of maximum devolution which would command wide support in Scotland, then it is only fair and democratic that option should be among the choices open to the people of Scotland," Salmond said.

Cameron stressed Wednesday that everyone in Britain, not just Scots, should have a say in any changes to Scotland's status.

"The point that everyone needs to understand is that options for further devolution, options for changes across the United Kingdom, are matters all of the United Kingdom should rightly discuss," he said.

Michael Moore, Cameron's minister responsible for Scotland, was due to hold talks with Salmond on Friday but the meeting was postponed because Moore has chicken pox.

Salmond said an independent Scotland would keep Queen Elizabeth II as head of state but would not send troops to "illegal wars like Iraq, and we won't have nuclear weapons based on Scottish soil." Scotland is currently home to Britain's fleet of nuclear-armed submarines.

Scottish Labour leader Johann Lamont, whose party opposes independence, accused Salmon of belittling Scots who wished to remain in Britain.

"Why does he assert as fact that we all wish to be independent of each other when we all know, as families and communities, we want to come together in partnership and cooperation?" she said.

___

Online:

Scottish Government referendum consultation paper: http://www.scotland.gov.uk/Consultations/Current

Source: http://us.rd.yahoo.com/dailynews/rss/britain/*http%3A//news.yahoo.com/s/ap/20120125/ap_on_re_eu/eu_britain_scotland

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Best Moment So Far (talking-points-memo)

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Thursday, January 26, 2012

Insider Trading and Spilled Milk

8:53: For the second year, a clutch of Democrats and Republicans are sitting together, declaring small wars on partisanship. There?s Sen. John Hoeven next to Sen. Amy Klobuchar! Look, Sen. Jeff Sessions is discussing something with Sen. Ron Wyden! Rep. Peter King and Rep. Charles Rangel still get along. They all stand when their inspiration arrives?Rep. Gabrielle Giffords, the survivor of a bullet to the head, who?s retiring this week to keep recuperating. Rep. Jeff Flake, an arch-conservative who might once have challenged her for a Senate seat, keeps her steady as she waves, pumps her fist, and talks with well-wishers. Louie Gohmert, possibly the most right-wing member of the House, temporarily abandons his aisle seat to share a moment with Giffords.

Source: http://feeds.slate.com/click.phdo?i=1cd6f03a0bd698ad69bba324d561c936

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Arizona Gov. Brewer gets book critique from Obama (AP)

MESA, Ariz. ? Arizona Gov. Jan Brewer came to greet President Barack Obama upon his arrival outside Phoenix Wednesday. What she got was a critique. Of her book.

The two leaders could be seen engaged in an intense conversation at the base of Air Force One's steps. Both could be seen smiling, but speaking at the same time.

Asked moments later what the conversation was about, Brewer, a Republican, said, "He was a little disturbed about my book."

Brewer recently published a book, "Scorpions for Breakfast," something of a memoir of her years growing up, and defends her signing of Arizona's controversial law cracking down on illegal immigrants, which Obama opposes.

Obama was objecting to Brewer's description of a meeting he and Brewer had at the White House, where she described Obama as lecturing her. In an interview in November Brewer described two tense meetings. The first took place before his commencement address at Arizona State University. "He did blow me off at ASU," she said in the television interview in November.

She also described meeting the president at the White House in 2010 to talk about immigration. "I felt a little bit like I was being lectured to, and I was a little kid in a classroom, if you will, and he was this wise professor and I was this little kid, and this little kid knows what the problem is and I felt minimized to say the least."

On the tarmac Wednesday, Brewer handed Obama an envelope with a handwritten invitation to return to Arizona to meet her for lunch and to join her for a visit to the border.

"I said to him, you know, I have always respected the office of the president and that the book is what the book is," she told reporters Wednesday. She said Obama complained that she described him as not treating her cordially.

"I said that I was sorry that he felt that way. Anyway, we're glad he's here, and we'll regroup."

A White House official said Brewer handed Obama a letter and said she was inviting him to meet with her. The official said Obama told her he would be glad to meet with her again. The official said Obama did note that after their last meeting, which the official described as a cordial discussion in the Oval Office, the governor inaccurately described the meeting in her book. The official spoke on condition of anonymity to describe a private conversation between the president and the governor.

Source: http://us.rd.yahoo.com/dailynews/rss/topstories/*http%3A//news.yahoo.com/s/ap/20120126/ap_on_go_pr_wh/us_obama_arizona_governor

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GOP candidates prepare for Univision forum (AP)

Republican presidential candidates Mitt Romney, Newt Gingrich and Rick Santorum will be participating separately in a forum at the Univision TV network in Miami.

Univision is the nation's largest Spanish-language television network. The forum Wednesday is co-sponsored by Miami-Dade College and the U.S. Hispanic Chamber of Commerce.

Romney has additional events Wednesday in Miami and Orlando.

Gingrich is giving a lecture on Latin American policy at Florida International University and visiting Coral Springs and then Cocoa, Fla., for a space industry round table and a town hall.

Santorum is speaking at a rally in Naples before participating in the Univision forum.

Ron Paul has no events scheduled in Florida, which holds its Republican primary on Jan. 31.

Source: http://us.rd.yahoo.com/dailynews/rss/gop/*http%3A//news.yahoo.com/s/ap/20120125/ap_on_el_pr/us_gop_campaign

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Wednesday, January 25, 2012

Solar storm expected to fire up northern lights

This handout image provided by NASA, taken Sunday night, Jan. 22, 2012, shows a solar flare erupting on the Sun's northeastern hemisphere. Space weather officials say the strongest solar storm in more than six years is already bombarding Earth with radiation with more to come. The Space Weather Prediction Center in Colorado observed a flare Sunday night at 11 p.m. EST. Physicist Doug Biesecker said the biggest concern from the speedy eruption is the radiation, which arrived on Earth an hour later. It will likely continue through Wednesday. It's mostly an issue for astronauts' health and satellite disruptions. It can cause communication problems for airplanes that go over the poles. (AP Photo/NASA)

This handout image provided by NASA, taken Sunday night, Jan. 22, 2012, shows a solar flare erupting on the Sun's northeastern hemisphere. Space weather officials say the strongest solar storm in more than six years is already bombarding Earth with radiation with more to come. The Space Weather Prediction Center in Colorado observed a flare Sunday night at 11 p.m. EST. Physicist Doug Biesecker said the biggest concern from the speedy eruption is the radiation, which arrived on Earth an hour later. It will likely continue through Wednesday. It's mostly an issue for astronauts' health and satellite disruptions. It can cause communication problems for airplanes that go over the poles. (AP Photo/NASA)

This colorized NASA image, taken Monday, Jan. 23, 2012, from the Solar Dynamics Observatory, shows a flare shooting out of the top of the sun. It was taken in a special teal wavelength to best see the flare. Space weather officials say the strongest solar storm in more than six years is already bombarding Earth with radiation with more to come. The Space Weather Prediction Center in Colorado observed a flare Sunday night at 11 p.m. EST. Physicist Doug Biesecker said the biggest concern from the speedy eruption is the radiation, which arrived on Earth an hour later. It will likely continue through Wednesday. It's mostly an issue for astronauts' health and satellite disruptions. It can cause communication problems for airplanes that go over the poles. (AP Photo/NASA)

(AP) ? Stargazers were out in force in northern Europe on Tuesday, hoping to be awed by a spectacular showing of northern lights after the most powerful solar storm in six years.

Even before particles from that storm reached the Earth on Tuesday, the aurora borealis was dancing across the sky as far south as Ireland and England, where people rarely get a chance to catch the stunning light show.

"The lights appear as green and red mist. It's been mostly green the past few nights. I don't know if that's just special for Ireland," said Gerard O'Kane, a 41-year-old taxi driver and vice chairman of the Buncrana Camera Club in County Donegal in Ireland's northwest corner.

He and at least two dozen amateur photographers were meeting after dark at a local beach for an all-night stakeout. They've been shooting the horizon from dozens of locations since Friday night.

An aurora appears when a magnetic solar wind slams into the Earth's magnetic field, exciting electrons of oxygen and nitrogen.

The northern lights are sometimes seen from northern Scotland, but they were also visible Monday night from northeast England and Ireland, where such sightings are a rarity.

Those auroras were likely just variations in normal background solar wind, not the solar storm that erupted Sunday, said physicist Doug Biesecker at the U.S. Space Weather Prediction Center in Boulder, Colorado.

He said a geomagnetic storm Tuesday that came from that solar storm seemed to mostly miss Earth, going a bit north, so it was unlikely that auroras would extend too far south Tuesday night.

While the geomagnetic part of the solar eruption ? which happened around 11 p.m. EST Sunday ? was more of a fizzle, another earlier part of the sun's outburst was more powerful.

On Monday and Tuesday, the proton radiation from the eruption reached strong levels, the most powerful since October 2003. That mostly affects astronauts and satellites, but NASA said the crew on the International Space Station was not harmed and only a few minor problems with satellites were reported, Biesecker said.

On the northern edge of Europe, where auroras are common, the sky lit up after nightfall Tuesday. A webcam from Abisko, northernmost Sweden, showed bright bands of green sweeping across the starry sky.

Aboard the M/S Midnatsol, a cruise ship plying the fjord-fringed coast of Norway, British astronomer John Mason said the lights danced around in "fantastic structure" Tuesday evening.

"We had green arcs with rays going up in the sky. And because we were underneath them, they were making all kinds of shapes in the sky. One looked like a heart," he said. He was expecting an even stronger display later Tuesday or early Wednesday, as Sunday's solar flare kicks in with full force.

Geomagnetic storms cause awesome sights, but they can also bring trouble. According to the National Oceanic and Atmospheric Administration, problems can include current surges in power lines, and interference in the broadcast of radio, TV and telephone signals. No such problems were reported Tuesday.

Scientists have been expecting solar eruptions to become more intense as the sun enters a more active phase of its 11-year cycle, with an expected peak in 2013.

But in recent years the sun appeared quieter than normal, leading scientists to speculate that it was going into an unusually quiet cycle that seems to happen once a century or so.

Peter Richardson, a 49-year-old bar manager and part-time poet at the 17th-century Tan Hill Inn in northern England, said the pub ? normally dead on a Monday night in January ? was thronged until the wee hours of the morning with people who came to look at the lights.

"I just thought: 'Oh my God, this is just absolutely amazing,'" he said. "You do get a lot of spectacular skylines out here, but that was just something out of the ordinary. Very different."

Ken Kennedy, director of the Aurora section of the British Astronomical Association, said the northern lights may be visible for a few more days.

The Canadian Space Agency posted a geomagnetic storm warning Tuesday after residents were also treated to a spectacular show in the night sky.

___

AP Science Writer Seth Borenstein in Washington and AP writers Shawn Pogatchnik in Dublin and Raphael Satter in London contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/b2f0ca3a594644ee9e50a8ec4ce2d6de/Article_2012-01-24-Europe-Northern%20Lights/id-5a20f0d24e9b4dc596e64d759339a96a

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