Nokia’s Q3 results prove it’s in dire need of help
Espoo, we have a problem. Today Nokia posted its Q3 2009 results and to say they’re disturbing would be a gross understatement. While net sales and operating profit didn’t fare well being down 1% and 4.4% from the previous quarter,…
T-Mobile reports Q2 2009 earnings; income up, subscriber adds slowing
T-Mobile USA just turned in its Q2 2009 numbers and while things weren’t all bad for the nation’s number four, Tmo is seeing its progress slowed while both Verizon and AT&T continue to gobble up subscribers by the millions. T-Mobile…
Motorola reports Q2 earnings, actually turns a profit (no thanks to Mobile)
Motorola is in the midst of a climb back into relevance and, quite surprisingly, it seems to be making more progress than had been projected. Are you sitting down? Motorola just reported its Q2 2009 earnings and… It’s in the…
Sprint reports Q2 results, sheds almost 1 million postpaid subs
Still managing to skirt the ever-present how many Palm Pres has the company sold question, Sprint reported its Q2 2009 results this morning. While the company did post a slightly bigger loss than expected, it wasn’t the bone crushing declines…
Verizon reports Q2; reaffirms Palm Pre launch in early 2010, plans to cut 8,000 employees in 2009
Verizon, on its investor conference call this morning, reaffirmed its intentions to launch the Palm Pre in early 2010. While news of Palm’s revival handset hitting Verizon in the near future is hardly a surprise, Pre hopefuls loyal to Big…
AT&T Q2 beats the Street, income still dives 16%
AT&T released its results for Q2 2009 this morning and while there’s no question its performance in the quarter was solid, not all is peachy for the nation’s number two wireless carrier. First things first… The iPhone: AT&T activated 2.4…
LG posts record Q2; hooray for touchscreens and washing machines
Well it looks like LG Electronics came through in a big way this past quarter as the company reports a very, very solid performance. Maybe its bid to take over the world isn’t so crazy after all. Let’s start with…
Apple earnings are in; 5.2mm iPhones, 10.2mm iPods sold in Q3
Analysts, investors and just about everyone else even the least bit interested in tech had very high expectations for Apple’s fiscal third quarter 2009, which ended on June 27th. Well folks, the numbers are in and to make a long…
Sony Ericsson reports Q2 earnings; ouch
Following a rough morning for our friends in Finland, things are looking even worse just to the west. Sony Ericsson’s Q2 2009 was, in short, a disaster. To start, it shipped just over half the handsets it did a year…
Nokia’s Q2 numbers are in; market share up, profits down
Nokia’s numbers for Q2 are in and while the bad news outweighs the good by leaps and bounds, the good news is that, well, there is good news. First, the bad: Nokia’s Q2 operating profit was down a mind boggling…
Sony posts record $1 billion loss for fiscal year 2008
As expected, Sony announced a record ¥98.9 billion ($1 billion) loss for the fiscal year ending in March 2009. This is Sony’s first reported yearly loss in 14 years and a significant change from the ¥369.4 billion profit Sony reported…
Intel fined 1.45 billion by the EU for anti-competitive practices; will appeal decision
Intel faces a record 1.45 billion fine imposed by the EU on Tuesday for alleged anti-competitive practices designed to muscle its rival AMD out of the chipset market in Europe. The eight-year investigation into the company began in 2001 after…
Motorola’s loss widens in Q1 2009; company remains committed to Android
Motorola announced its Q1 2009 financial results today and reported total sales of $5.4 billion with a net loss of $231 million. Though wider than the $194 million loss posted in the same quarter last year, things were better than…
