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Qualcomm Fiscal 4Q Profit Slips 9%

November 5, 2009 6:10 am | by The Associated Press | News | Comments

Qualcomm says its fiscal fourth-quarter profit slipped 9 percent as revenue from the mobile phone technology it licenses and mobile-phone chips it makes declined.

Glu Narrows Loss

November 4, 2009 6:05 am | by Monica Alleven | News | Comments

Mobile game publisher Glu Mobile narrowed its loss, reporting a net loss of $4 million in the third quarter compared to a net loss of $56.9 million a year ago.

Nokia Siemens Networks Plans Layoffs, Reorganization

November 3, 2009 6:55 am | by Maisie Ramsay | News | Comments

Nokia Siemens Networks is planning layoffs and a reorganization of its business units in an effort to return the struggling infrastructure company to growth and profitability.

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Nokia Nixing N-Gage Gaming

November 2, 2009 6:25 am | by Maisie Ramsay | News | Comments

Nokia is taking the axe to its mobile gaming platform, N-Gage. In a Friday blog post, the company said it will stop publishing new games for the N-Gage platform next year.

TeleNav Files for IPO

November 2, 2009 6:20 am | by Monica Alleven | News | Comments

TeleNav filed a registration statement Friday with the Securities and Exchange Commission to raise as much as $75 million in an IPO.

Global Chip Sales Improve, Still Below '08 Levels

November 2, 2009 6:05 am | by The Associated Press | News | Comments

Global semiconductor sales continued to improve in the third quarter, according to an industry trade group, though revenue remains below year-ago levels.

Report: Handset Industry Growth to Return in 4Q

October 30, 2009 8:35 am | by Andrew Berg | News | Comments

The economy hasn't completely shaken the recession, but signs are abloom pretty much everywhere that things are indeed getting better.

Alcatel-Lucent Losing Money Again on Global Sales Slump

October 30, 2009 8:25 am | by Maisie Ramsay | News | Comments

Alcatel-Lucent's brief return to profitability has come to an end. After one quarter of posting its first profit since 2006, the infrastructure giant once again fell...

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NTT DoCoMo Profit Falls on Sales Slump

October 30, 2009 8:15 am | by Maisie Ramsay | News | Comments

Japan's largest wireless carrier, NTT DoCoMo, saw its second-quarter profits slump while handset sales and rising data revenue failed to offset continued declines in voice.

Novatel Sees Revenue Growth, Shares Down

October 30, 2009 8:10 am | by Monica Alleven | News | Comments

Novatel Wireless, supplier of the MiFi hot spot device, reported a net income of $6.2 million in the third quarter compared with a loss of $1 million in the year-ago quarter.

Kyocera Profit Down More Than 80%

October 30, 2009 8:05 am | by Monica Alleven | News | Comments

The global economy isn't doing much for Japan's Kyocera. The company says sales of mobile phone handsets remained low...

Motorola Surprises, Reports Profit

October 29, 2009 8:30 am | by Maisie Ramsay | News | Comments

Long-struggling Motorola made a profit, its second-quarterly move into the black after months of losses and falling market share.

Despite Improvements, Sprint's Troubles Continue

October 29, 2009 8:25 am | by Andrew Berg | News | Comments

Sprint Nextel reported widening losses for the third quarter despite improvements in nearly all aspects of its business.

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ZTE Reports Strong 3Q

October 28, 2009 8:05 am | by Monica Alleven | News | Comments

ZTE reported 2009 revenue to date from principal operations of $6. 274 billion, representing growth of 41.27 percent compared with the same period last year.

Verizon Takes 3Q Beating from AT & T's iPhone

October 26, 2009 8:35 am | by Maisie Ramsay | News | Comments

Verizon Wireless has done a pretty good job fending off the iPhone, continually beating AT&T in terms of its net subscriber additions.

Kindle Success Bolsters Amazon Earnings

October 23, 2009 8:20 am | by Andrew Berg | News | Comments

Amazon.com announced earnings for its third financial quarter of 2009 and saw share prices soar in early morning trading today.

AT & T Profits Soar on Wireless, U-verse Revenues

October 22, 2009 8:25 am | by Andrew Berg | News | Comments

AT&T today reported impressive financials for third-quarter 2009. The telecom giant cited record wireless gains on top of strong growth in its U-verse service as the main drivers for its recent success. Overall, third-quarter revenues totaled $30.9 billion.

Ericsson 3Q Profit Drops

October 22, 2009 8:10 am | by Monica Alleven | News | Comments

The tough market environment is catching up to Ericsson, which reported a 71 percent drop in third-quarter net profit.

ST-Ericsson Sales Up in 3Q

October 21, 2009 8:15 am | by Monica Alleven | News | Comments

Sales were up 9 percent in the third quarter for ST-Ericsson, the joint chip venture of STMicroelectronics and Ericsson.

Apple's Q4 Beats Estimates

October 20, 2009 8:30 am | by Andrew Berg | News | Comments

What do you get when you take a high-end computer manufacturer, throw in the top smartphone on the market and sprinkle it with 85,000 apps?

Sprint's iPCS Buyout to Stop Lawsuits, Divestures

October 19, 2009 8:35 am | by Maisie Ramsay | News | Comments

"Frenemies" – friend/enemies – iPCS and Sprint Nextel have apparently settled their differences. Today, Sprint said it would buy iPCS for $426 million in cash.

Opinion: Apple Will Shine Today While Android Complicates Future

October 19, 2009 8:30 am | by Andrew Berg | News | Comments

It won't be any surprise when Apple comes out looking like the best and brightest after it reports its quarterly earnings later today.

Sony Ericsson's Loss Widens

October 16, 2009 8:40 am | by Andrew Berg | News | Comments

Sony Ericsson Mobile Communications announced better-than-expected third-quarter earnings today, beating analyst expectations.

Nokia Swings to a Loss on Charges, Falling Sales

October 15, 2009 8:40 am | by Maisie Ramsay | News | Comments

Nokia took major hits in its third quarter from a slump in handset shipments, lower device prices and a substantial one-time charge on the falling value of its network assets.

Nokia's Q3 Profit Expected to Fall

October 13, 2009 8:20 am | by Matti Huuhtanen, Associated Press Writer | News | Comments

HELSINKI (AP) —Nokia is expected to report a further drop in quarterly profits and sales on Thursday as the global economic crisis continues to hurt demand in the mobile phone industry.

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