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iPhone Report Does Number on Stocks

March 31, 2010 8:14 am | by The Associated Press | News | Comments

Apple shares reached an all-time high Tuesday after a newspaper report said the iPhone could find a new U.S. sales outlet through Verizon Wireless.

Meru Raises $65.8M in IPO

March 31, 2010 8:06 am | by Monica Alleven | News | Comments

WLAN solutions provider Meru Networks rang the Nasdaq opening bell today as its initial public offering raised $65.8 million.

Palm Posts Narrowed Losses, Problematic Device Surplus

March 19, 2010 8:24 am | by Maisie Ramsay | News | Comments

Palm said it shipped more than twice the number of devices it sold during its third fiscal quarter as sales of its hallmark devices...

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Cook Rakes in Big Bonus for Sub Work

March 15, 2010 8:27 am | by Andrew Berg | News | Comments

You don't cover for Steve Jobs and go away empty handed. According to a recent 8K filing with the Securities and Exchange Commission...

Motorola's Jha Gets $3.77M in 2009, Accepts Bonus(2)

March 15, 2010 8:20 am | by Peter Svensson, AP Technology Writer | News | Comments

After grabbing headlines with a sign-on bonus of more than $100 million, Motorola co-CEO Sanjay Jha has settled down to a more pedestrian $3.77 million in annual pay.

AT & T CEO Accepts Bonus; Pay Rises to $20.2M

March 12, 2010 6:36 am | by Peter Svensson, AP Technology Writer | News | Comments

The frugality of the recession eased in the 2009 pay package for AT&T CEO Randall Stephenson, who resumed taking a bonus and saw his compensation rise...

Sprint Nextel Shares Jump for Second Day

March 10, 2010 6:56 am | by The Associated Press | News | Comments

Shares of Sprint Nextel Corp. jumped for a second day Tuesday as investors cheered signals that the lagging telecommunications company is getting stronger.

Motricity Cuts Losses, Warns of Deficit

March 9, 2010 7:01 am | by Maisie Ramsay | News | Comments

Motricity has updated its bid to go public with improved financial figures that indicate the managed service company has cut its losses over the past year.

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LiveWire Mobile Swings to 4Q Profit

March 8, 2010 7:02 am | by Maisie Ramsay | News | Comments

Ringtone provider LiveWire Mobile swung to a profit in its fourth quarter and managed to narrow its full year losses on an uptick.

Sprint Shares Hold Steady Despite Credit Downgrade

March 5, 2010 7:04 am | by Maisie Ramsay | News | Comments

Sprint Nextel's shares held steady despite a credit downgrade from Standards & Poor's Rating Services.

Report: Global ARPU Falls

March 5, 2010 7:00 am | by Andrew Berg | News | Comments

According to a report by ABI Research, mobile end-user ARPUs dropped between 6 percent to 9 percent globally...

Qualcomm Flexes Cash Stash with Dividends, Stock Buyback

March 2, 2010 7:03 am | by Maisie Ramsay | News | Comments

Qualcomm has announced a 12 percent increase in its quarterly dividend and plans to buy back up to $3 billion worth of stock...

Global Chip Sales Rebound on Economic Recovery

March 1, 2010 7:08 am | by Maisie Ramsay | News | Comments

Global chip sales rose 47.2 percent in January as global economies began to show some signs of life...

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Leap's 4Q Financials Hit by Competition, Unemployment

February 26, 2010 7:23 am | News | Comments

Leap Wireless International is blaming increased competition, higher unemployment and "less tenured" customers in its new markets.

Novatel Shares Down on Weak Forecast

February 26, 2010 7:18 am | by Monica Alleven | News | Comments

Novatel Wireless shares were down more than 8 percent at one point this morning, trading at $7.35.

Telefonica Q4 Profits Up 22 Percent

February 26, 2010 7:14 am | by Ciaran Giles, Associated Press Writer | News | Comments

Spanish telecom company Telefonica SA said Friday its fourth-quarter net profit rose 22 percent as an increase in customer numbers in Latin America helped boost revenue.

T-Mo Drives Prepaid Subs, Still Takes Loss

February 25, 2010 7:19 am | by Andrew Berg | News | Comments

T-Mobile USA racked up prepaid subscribers but still managed to report annual, as well as sequential, losses.

MetroPCS Up on Positive 4Q

February 25, 2010 7:16 am | News | Comments

Shares in MetroPCS Communications were trading up more than 6 percent, to $6.68, at one point this morning after the company reported favorable fourth-quarter results.

U.S. Cellular Sees Uptick in Service Revenue

February 25, 2010 7:14 am | by Monica Alleven | News | Comments

U.S. Cellular added 39,000 net retail customers in the fourth quarter, 26,000 of which were postpaid and 13,000 were prepaid.

Palm Cuts Sales Forecast

February 25, 2010 7:10 am | by Maisie Ramsay | News | Comments

Palm says its 2010 sales will come in "well below" what it expected after carriers placed lower-than-expected orders for its devices.

Clearwire Posts Narrowing Losses, Soaring Net Adds

February 24, 2010 7:33 am | by Maisie Ramsay | News | Comments

If Clearwire's fourth-quarter results are any indication, things seem to be turning around for the mobile WiMAX company.

Palm Shares Fall as Sales Appear Weak

February 24, 2010 7:21 am | by The Associated Press | News | Comments

Palm shares fell Tuesday as analysts raised concerns that the smartphones the company recently released through Verizon Wireless are not selling well.

Opera Software Posts 87% Slump in Q4 Profits

February 22, 2010 6:59 am | by The Associated Press | News | Comments

Norway's Opera Software ASA reported Monday an 87 percent drop in fourth-quarter profits, due to increased operating costs and a dip in revenue.

Dell 4Q Profit Edges Down 6 Percent; Stock Falls

February 19, 2010 6:36 am | by Jessica Mintz, AP Technology Writer | News | Comments

Dell Inc. said Thursday its net income fell 6 percent in the last quarter despite early signs that businesses may be starting to buy new computers again.

Japan Mobile Company Willcom Files for Bankruptcy

February 19, 2010 6:34 am | by Tomoko A. Hosaka, Associated Press Writer | News | Comments

Willcom Inc., a Japanese mobile phone company controlled by private equity giant Carlyle Group, filed for bankruptcy protection Thursday.

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