Comcast’s third quarter results were better than expected and the familiar storyline revolves around how customers are cutting the cord. That storyline is legit, but Comcast’s broadband business is booming and its move to embrace and integrate over-the-top services with its X1 platform appears to be paying off.
At a high level, Comcast reported third quarter earnings of $2.88 billion, or 62 cents a share, on revenue of $22.13 billion, up 5 percent from a year ago. Non-GAAP earnings for the third quarter were 65 cents a share. Wall Street was looking for earnings of 61 cents a share on revenue of $21.82 billion.
In addition, Comcast saw its business services unit continue to deliver strong growth with third quarter revenue of $1.8 billion, up 10.6 percent from a year ago. But the notable surge in the third quarter, came from Comcast’s high-speed Internet business as revenue jumped 9.6 percent.
Comcast’s digital transformation journey:
Comcast added 363,000 high-speed Internet customers in the quarter to more than offset 106,000 video customer net losses. A 35,000 net loss in voice customers was offset by 42,000 customer additions for security and automation.
If you break those customer relationships down, it’s clear that Comcast is losing the bundle, but retaining single product customers. Add it up and Comcast is navigating shifts in its customer base as well as any company.
On a conference call with analysts, Comcast CEO Brian Roberts said:
Customer relationship net adds of 288,000 were driven by 363,000 net new Broadband customers, the best third quarter in 10 years. Collectively, residential Broadband and business services revenue increased by nearly 10%.
Roberts added that the move to look at its broadband holistically as a product–rebranded xFi–adding new features like parental controls and hooks into the smart home have paid off. “By aggregating and integrating everything from linear TV, to applications like Netflix, YouTube and soon, Amazon Prime Video, X1 delivers an unmatched user experience and the broadest range of content that underscores the value of our broadband service,” said Roberts.
The other thread worth noting is that Comcast’s ability to keep single product customers enables it to cross-sell another bundle in the future. For instance, Comcast’s wireless business just past more than 1 million customer lines. Perhaps the broadband and mobile bundle is the new cable-ish package for customers.
Comcast certainly has its challenges ahead. For instance, 5G will create a new set of broadband competitors. In addition, Comcast still has to get its networking blocking and tackling down. A series of outages for business customers spurred a same old Comcast refrain. But it’s hard to count Comcast out given the way it has navigated things so far.
Comcast Business launches analytics for SmartOffice video, motion detection
How To Build Your Own Retro Gaming Console With A Raspberry Pi
Once your micro SD card is mounted with RetroPie, you can plug it into your fully assembled Raspberry Pi 4 and begin the setup process in the software menu that appears. Make sure your controller is nearby, as you’ll need it during the first boot process. If you’re using a USB controller, make sure it’s connected physically, then follow the instructions on-screen.
If you’re using a Bluetooth controller, tap F4 on your USB keyboard to exit back into the Linux command prompt screen, then type and execute the command “sudo ~/RetroPie-S etup/retropie-setup.sh” that loads you into a backend RetroPie menu. Navigate to the Bluetooth option and then open it to begin searching for a controller. Set your Bluetooth controller to sync mode, then pair it in the menu. Return to the Linux command prompt and type the command “sudo shutdown -r now”. Upon loading back into RetroPie, you should be able to use your Bluetooth controller by simply turning it on and following the on-screen menu. Once everything is complete, you’ll end up on another menu with the option RASPI-CONFIG, which you should now select.
Upon tapping that option, you’ll be taken to the main configuration menu for RetroPie, which includes all sorts of different settings. Go ahead and configure whichever settings you need. It’s also a good idea to navigate to Advanced Settings and disable Overscan if you’re using an HDTV. From here, you should be able to load your ROMs (stored on your SD card) and play them from the menu that appears when you boot up RetroPie. Check out the RetroPie documentation for troubleshooting any issues you may encounter, and happy gaming!
Today’s Wordle Answer #377 – July 1, 2022 Word Solution And Hints
The solution for the July 1, 2022, edition of Wordle is pinto. It made its way to the English vocabulary from the Spanish word pinto, which refers to a subject that is spotted or mottled. Horses with a patchy coloration, especially those rocking white patches, are affectionately known as pinto.
The word traces its etymological roots to the Latin term pinctus, which is used to describe something that has been painted over. The pinto bean, which is a staple in Mexican, Spanish, and Brazilian cuisines, also gets its name from the patchy color profile of its outer skin. According to Ancestry data, Pinto is a popular Catalan name that eventually made its way to the Indian subcontinent with the advent of Portuguese invaders.
Interestingly, it is also used to describe a person with greying hair, something pop culture describes as a salt-and-pepper look. You can trace the history of Pinto family migration across the U.S. and Canada in the 19th century here. As for famous personalities with that surname, the actress described above is Freida Pinto, while the footballer in question is José Manuel Pinto. Meanwhile, Fernão Mendes Pinto was a renowned Portuguese explorer and writer who also has a crater on the planet Mercury named after him.
This New $6 Raspberry Pi Is The Computer The DIY Smart Home Needs
In terms of hardware, the Raspberry Pi Pico W is identical to its predecessor; it sports the same RP2040 Arm Cortex M0+ Dual-Core SoC, which is based on TSMC’s 40nm low power manufacturing process. This chip clocks up to 133MHz and also packs in 264KB of SRAM. There is 2MB of onboard flash storage thrown in, as well. Additionally, the machine features a 40-pin GPIO just like the original Pico from 2021. The onboard micro USB controller can be used for data transfer and receiving power.
The Wi-Fi module on the Raspberry Pi Pico is the Infineon CYW43439 wireless that, apart from supporting 2.4GHz Wi-Fi networks, also adds Bluetooth Classic and Bluetooth Low-Energy support. However, as of now, Raspberry has chosen not to enable Bluetooth capability in the machine. The company does not rule out the possibility of enabling Bluetooth further down the line, though.
With over 2 million Raspberry Pi Pico boards in the hands of consumers, the company expects its new model to enjoy similar success. The company also believes that the ongoing chip shortage has been among the prime reasons for the popularity of the RP2040-based Raspberry Pi Pico. The Pico W, thanks to its newfound wireless capability, will continue to be a great product that can power many IoT-based applications and DIY smart home needs. With a price tag of $6, the Raspberry Pi Pico W costs just $2 more than its predecessor. As the ecosystem for starter microcontrollers evolves, the $6 you spend on the Pico W will definitely be a worthwhile investment.
3 questions for the startup market as we enter Q3 – TechCrunch
Somehow June is over in just a few hours, meaning that we are trotting toward the third quarter’s starting line....
China’s tech giants promise speculation-free NFTs – TechCrunch
The future of non-fungible tokens is getting more clarity in China as the country’s tech giants come together to formulate...
Instagram tests ditching video posts in favor of Reels – TechCrunch
Instagram is testing a change that turns video posts into Reels, the company confirmed to TechCrunch. The company says the...
Satechi USB-C Slim Dock For 24-Inch iMac Review: Fixing Shortcomings
There are plenty of iMac docks on the market today, especially after the launch of the 2021 M1 models. Part...
How To Build Your Own Retro Gaming Console With A Raspberry Pi
Once your micro SD card is mounted with RetroPie, you can plug it into your fully assembled Raspberry Pi 4...
Social2 years ago
CrashPlan for Small Business Review
Social3 months ago
Web.com website builder review
Gadgets4 years ago
A fictional Facebook Portal videochat with Mark Zuckerberg – TechCrunch
Mobile4 years ago
Memory raises $5M to bring AI to time tracking – TechCrunch
Cars4 years ago
What’s the best cloud storage for you?
Social4 years ago
iPhone XS priciest yet in South Korea
Security4 years ago
Google latest cloud to be Australian government certified
Social4 years ago
Apple’s new iPad Pro aims to keep enterprise momentum