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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...


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.


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...


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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