Tech Companies News Byte: This Week On The TechCrunch Gadgets Podcast: Boxee Bows Out, Samsung And HTC Suffer And Moto X Unmasked

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Tech Companies News Byte: This Week On The TechCrunch Gadgets Podcast: Boxee Bows Out, Samsung And HTC Suffer And Moto X Unmasked

Tech Companies News Byte: This Week On The TechCrunch Gadgets Podcast: Boxee Bows Out, Samsung And HTC Suffer And Moto X Unmasked
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Tech Companies News Byte: This Week On The TechCrunch Gadgets Podcast: Boxee Bows Out, Samsung And HTC Suffer And Moto X Unmasked

by Wochit 1:08 mins

Tech Companies News Byte: This Week On The TechCrunch Gadgets Podcast: Boxee Bows Out, Samsung And HTC Suffer And Moto X Unmasked

by Wochit 1:08 mins

Boxee got bought by Samsung this week, and announced that it would be closing down the Boxee Cloud DVR's cloud DVR feature. So that's done. Both Samsung and HTC disappointed investors, albeit in very different ways, and Motorola's next big play got some early details. Samsung shares tumbled almost 4% as the company announced record second-quarter earnings that still missed analysts' sky-high consensus. The South Korean consumer electronics giant estimates that second-quarter 2013 profit came in at a record-high $8.3 billion on $50 billion in revenue, but analysts were looking for a quarterly profit of more than $8.9 billion. Smartphone leader Samsung Electronics Co Ltd is set to report a record $8.9 billion quarterly profit , even as growth in sales of its blockbuster Galaxy series begins to wane and new rivals emerge to eat away at its market share.

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