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First News Briefs for October 29, 2012

October 29, 2012 6:07 am | by Wireless Week Staff | News | Comments

Companies in today's briefs include: Alvarion, Nortel Networks, Pantech, Mocana, Verizon Wireless, Nokia, Cincinnati Bell, Devicescape.

Samsung Q3 Continues Rapid Growth, Cautions on Q4

October 26, 2012 7:50 am | by Andrew Berg | News | Comments

Samsung’s third-quarter profit jumped 91 percent to $5.97 billion on strong sales of the company’s Galaxy smartphones, but the company cautioned that things could slow in the holiday quarter.

Apple's $8.2 Billion Profit Disappoints Wall Street

October 26, 2012 7:47 am | by Andrew Berg | News | Comments

Apple's fiscal fourth quarter financials couldn't keep pace with Wall Street's expectations.

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Ericsson 3Q Weighed Down by Overseas Sales Slump

October 26, 2012 7:33 am | by Maisie Ramsay | News | Comments

Ericsson's third quarter results took a hit as weak sales in Asia, the European financial crisis and its loss-making chip venture weighed down earnings.

HTC Seeks to Reverse Sliding Smartphone Sales

October 26, 2012 7:27 am | by Annie Huang, Associated Press | News | Comments

Taiwan's HTC Corp. is struggling to halt a slide in sales and keep up in a market increasingly divided between Apple and Samsung.

Clearwire Halves June LTE Plans as Growth Falters

October 26, 2012 7:19 am | by Maisie Ramsay | News | Comments

Clearwire has dramatically reduced the number of TD-LTE cell sites it plans to have on air by next summer amid declines in its wholesale business and listless retail growth.

China Rare Earths Producer Suspends Output

October 25, 2012 7:05 am | by Joe McDonald, AP Business Writer | News | Comments

China's biggest rare earths producer has suspended production in an effort to shore up plunging prices of the materials used by makers of mobile phones and other high-tech products.

Sprint Losses Widen, Net Adds Slump in 3Q

October 25, 2012 6:50 am | by Maisie Ramsay | News | Comments

Sprint's turnaround effort stumbled during the third quarter on ballooning losses and a net loss of customers stemming from the shutdown of its Nextel platform.

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First News Briefs for October 25, 2012

October 25, 2012 6:44 am | by Wireless Week Staff | News | Comments

Companies in today’s briefs include: Square, Sprint, NFC Payments USA, T-Mobile USA, Lookout, Samsung.

Windows 8: Make-or-Break Moment for Microsoft CEO

October 25, 2012 6:41 am | by Michael Liedtke, AP Technology Writer | News | Comments

Microsoft CEO Steve Ballmer can't afford to be wrong about Windows 8.

Motorola Solutions, Motorola Mobility Fortunes Still Divergent

October 24, 2012 7:23 am | by Maisie Ramsay | News | Comments

Before Motorola split itself apart in early 2011, its infrastructure business had long outperformed its handset division, posting regular profits as its smartphone unit sunk further into the red.

LG Electronics Posts Profit on Smartphone Sales

October 24, 2012 6:50 am | by Youkyung Lee,AP Technology Writer | News | Comments

LG Electronics reported a third straight quarterly profit Wednesday on strong smartphone sales.

Ahead of the Bell: Facebook Surges on 3Q Results

October 24, 2012 6:03 am | by Associated Press | News | Comments

Shares of Facebook surged in premarket trading Wednesday, as analysts praised the social media company's third-quarter results, including its first quarter of advertising to mobile device users.

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First News Briefs for October 24, 2012

October 24, 2012 5:56 am | by Wireless Week Staff | News | Comments

Companies in today's briefs include: Novatel Wireless, ZTE, Alcatel-Lucent, Cricket Communications, Samsung, U.S. Cellular, Huawei.

Nokia Offering Aims to Raise $979 Million

October 23, 2012 6:55 am | by Andrew Berg | News | Comments

Nokia today announced that it would convert $980 million worth of bonds into ordinary shares, as part of a public offering aimed at improving the company's balance sheet.

First News Briefs for October 23, 2012

October 23, 2012 6:44 am | by Wireless Week Staff | News | Comments

Companies in today's briefs include: Sprint, Softbank, U.S. Cellular, Alcatel One Touch, LG, T-Mobile USA, CTIA.

Yahoo CEO Starts Reign with Encouraging 3Q Report

October 23, 2012 6:42 am | by Michael Liedtke, AP Technology Writer | News | Comments

Yahoo CEO Marissa Mayer turned in an encouraging report card covering her first few months running the troubled Internet company.

Microsoft Profit Falls Ahead of Windows 8 Launch

October 19, 2012 6:50 am | by Peter Svensson, AP Technology Writer | News | Comments

Microsoft Corp.'s net income fell 22 percent in the latest quarter as it deferred revenue from the sale of its upcoming Windows 8 operating system to PC makers.

AMD to Cut Nearly 1,800 Jobs

October 19, 2012 6:47 am | by Associated Press | News | Comments

AMD will cut nearly 1,800 jobs, about 15 percent of its workforce, by the end of the year.

First News Briefs for October 19, 2012

October 19, 2012 6:42 am | by Wireless Week Staff | News | Comments

Companies in today's briefs include: Sprint, Research In Motion, C Spire, Franklin Wireless, Verizon Wireless.

AT & T Raises Objections to Sprint, Softbank Deal

October 19, 2012 6:38 am | by Maisie Ramsay | News | Comments

AT&T issued a carefully worded statement yesterday raising objections to Softbank's $20.1 billion deal to buy a 70 percent stake in Sprint.

Nokia Losses Continue Ahead of New Lumia Devices

October 18, 2012 7:25 am | by Andrew Berg | News | Comments

Nokia remains in the red for its sixth straight quarter, with net losses hitting $1.2 billion on $9.5 billion in total revenue, which was down 19 percent year over year.

Sprint Acquires Controlling Stake in Clearwire

October 18, 2012 7:22 am | by Maisie Ramsay | News | Comments

Sprint has acquired a controlling stake in Clearwire, a deal which has implications for Sprint's pending buyout deal with Softbank.

First News Briefs for October 18, 2012

October 18, 2012 6:59 am | by Wireless Week Staff | News | Comments

Companies in today's briefs include: FCC, CTIA, GSMA, Apple, Samsung.

Verizon LTE Phone Sales Jump on iPhone 5

October 18, 2012 6:55 am | by Maisie Ramsay | News | Comments

Verizon Wireless said LTE device sales hit 4.5 million in the third quarter after the launch of the iPhone 5 brought more customers onto its mobile broadband network.

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