Economy
Verizon Takes 3Q Beating from AT & T's iPhone
October 26, 2009 8:35 am | by Maisie Ramsay | News | CommentsVerizon 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 | CommentsAmazon.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 | CommentsAT&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 | CommentsThe tough market environment is catching up to Ericsson, which reported a 71 percent drop in third-quarter net profit.
LG Electronics Says Profit Soars, Sales Rise
October 21, 2009 8:20 am | by Kelly Olsen, AP Business Writer | News | CommentsSEOUL, 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.
ST-Ericsson Sales Up in 3Q
October 21, 2009 8:15 am | by Monica Alleven | News | CommentsSales 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 | CommentsWhat 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 | CommentsIt 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 | CommentsSony 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 | CommentsNokia 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 | CommentsHELSINKI (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.
The Impact of Nortel’s Bankruptcy
September 30, 2009 8:05 pm | by Elliott Drucker | Articles | CommentsContributor Elliott Drucker analyzes the situation as one of the biggest telecom vendors gets dismantled.
High Expectations for RIM's 2Q
September 24, 2009 8:35 am | by Maisie Ramsay | News | CommentsResearch In Motion (RIM) has been fending off competitors in its enterprise segment while trying to tap the consumer market...
Palm Raising Cash Amid Losses, Weak Pre Sales
September 23, 2009 8:35 am | by Maisie Ramsay | News | CommentsPalm 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 Sells Stake in Former Unit for $255M
September 18, 2009 8:35 am | by The Associated Press | News | CommentsFlextronics International Ltd. has sold its remaining stake in its former software development business to the private equity firm Kohlberg Kravis Roberts & Co.
Sprint Shares Surge on Report of Suitor
September 15, 2009 8:20 am | by The Associated Press | News | CommentsNEW 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.
Fewer Players Could Rein in Price Cuts
September 15, 2009 8:15 am | by Peter Svensson, AP Technology Writer | News | CommentsNEW 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.
Best Buy 2Q Misses Expectations, Raises Guidance
September 15, 2009 8:05 am | by Mae Anderson, AP Retail Writer | News | CommentsNEW 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.
Sprint to Offer Palm Pixi, Pre Price Cut
September 9, 2009 8:20 am | by Monica Alleven | News | CommentsPalm today announced the Pixi, the latest addition to the webOS line-up, which will be available exclusively on Sprint in time for the holidays.
Greystripe Lands Funding
September 3, 2009 8:05 am | by Monica Alleven | News | CommentsMobile 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.
Report: Infrastructure Spending Down
September 1, 2009 8:05 am | by Wireless Week Staff | News | CommentsEven 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 Drops Storm to $50
August 31, 2009 8:25 am | by Andrew Berg | News | CommentsVerizon 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.
Tough Times Call for Superior Customer Care
August 25, 2009 11:35 am | by Scott Sobers | Articles | CommentsConventional wisdom tells us that the telecom industry is generally safe from fluctuating consumer demand
FirstNews Briefs for August 24, 2009
August 24, 2009 8:00 am | News | CommentsCompanies 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.
