Amazon.com announced earnings for its third financial quarter of 2009 and saw share prices soar in early morning trading today.
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.
The tough market environment is catching up to Ericsson, which reported a 71 percent drop in third-quarter net profit.
SEOUL, South Korea (AP) — LG Electronics said third-quarter net profit soared, helped by earnings from its display affiliate, while revenue rose on record sales of flat screen TVs and mobile phones.
Sales were up 9 percent in the third quarter for ST-Ericsson, the joint chip venture of STMicroelectronics and Ericsson.
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?
"Frenemies" – friend/enemies – iPCS and Sprint Nextel have apparently settled their differences. Today, Sprint said it would buy iPCS for $426 million in cash.
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 Mobile Communications announced better-than-expected third-quarter earnings today, beating analyst expectations.
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.
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.
Contributor Elliott Drucker analyzes the situation as one of the biggest telecom vendors gets dismantled.
Research In Motion (RIM) has been fending off competitors in its enterprise segment while trying to tap the consumer market...
Palm has raised its stock sale by 25 percent in a move to bring in additional cash to the troubled company, whose much-hyped Palm Pre has failed to deliver as expected.
Flextronics International Ltd. has sold its remaining stake in its former software development business to the private equity firm Kohlberg Kravis Roberts & Co.
NEW YORK (AP) — Shares of Sprint Nextel Corp. surged more than 10 percent by midday Monday after the U.K.'s Sunday Daily Telegraph reported Deutsche Telekom AG is considering making a bid for the U.S. telecommunications company.
NEW YORK (AP) — How many wireless carriers do we need? It's a question that's popping up again as T-Mobile USA's owner is said to be looking at buying Sprint Nextel Corp.
NEW YORK (AP) — Best Buy Co., the largest U.S. electronics retailer, said today second-quarter results fell below expectations as sales at established stores fell.
Palm today announced the Pixi, the latest addition to the webOS line-up, which will be available exclusively on Sprint in time for the holidays.
Mobile game ad network Greystripe secured a $2 million round of funding from an investment arm of NBC. The company already has a big-media investor through Disney's Steamboat Ventures.
Even 3G growth in China doesn't seem to be propping up the infrastructure market too much. The Dell'Oro Group reports that worldwide mobile infrastructure market revenue contracted 12 percent year-over-year in the second quarter.
Verizon Wireless has quietly reduced the BlackBerry Storm to $49.99. The company’s Web site currently offers a $100 online discount off the original 2-year contract price of $149.99.
Conventional wisdom tells us that the telecom industry is generally safe from fluctuating consumer demand
Companies in the news: Royal KPN, SkyTerra, Level 3 Communications, Consumer Electronics Association, Elektrobit Corporation, Southwest Airlines, Verizon Wireless, Yulong, U.S. Cellular, Page Plus Cellular, EA Mobile.
Business software maker Oracle said Thursday it has received the Justice Department's approval to move forward with its $7.4 billion acquisition of former dot-com-era star Sun Microsystems.