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Consumer Discretionary Consumer Electronics

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  • BT profits beat expectations as EE deal eyed Thursday, 30 Jul 2015 | 2:32 AM ET

    BT, the British telecoms giant, announced better-than-expected net profit of £511 million ($797 million) for the first quarter on Thursday.

  • Galaxy S6 fails to reverse profit decline at Samsung Thursday, 30 Jul 2015 | 2:14 AM ET

    SEOUL, South Korea— Samsung Electronics suffered a fifth straight drop in quarterly earnings as the Galaxy S6 failed to reverse its declining fortunes in global smartphone sales. Samsung's April-June net income was 5.8 trillion won, down 8 percent from 6.3 trillion won a year earlier. Sales fell 7 percent over a year earlier to 48.5 trillion won while operating...

  • SEOUL, July 30- Samsung Electronics Co Ltd on Thursday offered a downbeat outlook for the second half of the year as smartphone market growth slows and ahead of the expected release of new iPhones from arch rival Apple Inc.. Samsung's dominance is being chipped away at the low-to-mid end by Chinese rivals such as Huawei Technologies Co Ltd and in the premium...

  • Samsung Elec says Q2 Galaxy S6 sales below expectations Wednesday, 29 Jul 2015 | 9:10 PM ET

    SEOUL, July 30- Samsung Electronics Co Ltd said on Thursday that sales of its premium Galaxy S6 smartphones fell short of expectations during the second quarter due to firm's inability to meet demand for the curved-screen model.

  • SEOUL, July 30- Samsung Electronics Co Ltd offered a downbeat outlook for the third quarter after April-June profit dropped on a supply shortage for one of its main smartphone models, underscoring continued headwinds for the tech giant. Second-quarter operating profit fell 4 percent to 6.9 trillion won, matching an estimate issued by the company early this...

  • Galaxy S6 fails to reverse profit decline at Samsung Wednesday, 29 Jul 2015 | 8:12 PM ET

    SEOUL, South Korea— Samsung Electronics suffered a fifth straight drop in quarterly earnings as the Galaxy S6 failed to reverse its declining fortunes in global smartphone sales. Samsung's April-June net income was 5.8 trillion won, down 8 percent from 6.3 trillion won a year earlier. Sales fell 7 percent over a year earlier to 48.5 trillion won while operating...

  • SEOUL, July 30- Samsung Electronics Co Ltd said on Thursday its April-June operating profit fell 4 percent from a year earlier, in line with its earnings guidance, hurt by a supply shortage for one of its main smartphone models. Samsung, the world's top smartphone maker, reported a 6.9 trillion won profit for the second quarter, matching a preliminary estimate...

  • Time to sell your iPhone Wednesday, 29 Jul 2015 | 6:00 AM ET
    Time to sell your iPhone

    Now may be the best time to sell your iPhone: Study

  • Nokia launches virtual reality camera Wednesday, 29 Jul 2015 | 3:58 AM ET

    HELSINKI, July 29- Finland's Nokia, once the world's largest phone maker, has unveiled a spherical camera designed for making 3 D movies and games that can be watched and played with virtual reality headsets. Nokia is going through restructuring after selling its mobile phone business to Microsoft last year and following that up with a proposed 15.6 billion...

  • LG Electronics reports 45 percent plunge in 2Q earnings Wednesday, 29 Jul 2015 | 2:29 AM ET

    SEOUL, South Korea— LG Electronics said Wednesday its second quarter earnings sank 45 percent over a year earlier as losses widened in its TV business and mobile phones earned little income. The company reported a net profit of 226.4 billion won for the April-June quarter, compared with 411.8 billion won a year earlier. LG's TV business, the world's...

  • "We're about delivering great mobile user experiences at a price that doesn't break the bank," Motorola President Rick Osterloh said in an interview. Motorola, which Lenovo bought from Google last year, said the new Moto G will retail in the U.S. for about $180 without a contract. Motorola hasn't announced prices for the Moto X models, but they are expected to be a few...

  • The 'Internet of Things' gross expansion Tuesday, 28 Jul 2015 | 10:00 AM ET
    The 'Internet of Things' gross expansion

    "Internet of Things" connected devices are expected to almost triple over the next five years.

  • Nike's Fuelband misstep Tuesday, 28 Jul 2015 | 8:00 AM ET
    Nike's Fuelband misstep

    Nike and Apple settle a class action lawsuit over the Nike+ Fuelband For $2.4 million.

  • SAN FRANCISCO— Jody Kearns doesn't like to spend time obsessing about her Parkinson's disease. The 56- year-old dietitian from Syracuse, New York, had to give up bicycling because the disorder affected her balance. More than 75,000 people have enrolled in health studies that use specialized iPhone apps, built with software Apple Inc. developed to help turn the...

  • Best Buy's timely deal with Apple Monday, 27 Jul 2015 | 8:00 AM ET
    Best Buy's timely deal with Apple

    Best Buy will start selling the Apple Watch in stores and online next Friday.

  • U.S. consumer electronics firm Vizio files for IPO Friday, 24 Jul 2015 | 5:57 PM ET

    July 24- Consumer electronics company Vizio Inc filed with U.S. regulators on Friday to raise up to $172.5 million in an initial public offering of Class A common stock. BofA Merrill Lynch, Deutsche Bank Securities and Citigroup are among the underwriters of the IPO, Vizio told the U. S Securities and Exchange Commission in a preliminary prospectus.

  • MUMBAI, July 23- With only a tiny share of the world's fastest-growing major smartphone market, Apple Inc is stepping up its push into India, with a first targeted TV advertising campaign, expanded retail network and promotional financing schemes. For years, India has been a low priority for Apple as spending power is weaker than in China, where the company's...

  • UPDATE 1-Qualcomm says may split itself, cut jobs Wednesday, 22 Jul 2015 | 4:44 PM ET

    Qualcomm's shares fell about 1 percent at $63.50 in after-market trading on Wednesday. The chipmaker, which has about 30,000 employees worldwide, also said it had agreed with Jana Partners to add two of the hedge fund's nominees to Qualcomm's board. Qualcomm, which makes software and chips used in smartphones, tablets and gaming devices, is known for its...

  • Apple Watch: Apple's hedge for the future? Wednesday, 22 Jul 2015 | 12:19 AM ET
    Apple Watch: Apple's hedge for the future?

    Bryan Ma, vice president at IDC, APAC & Worldwide, explains why the Apple Watch seems to be a hedge for the tech giant in the medium to long term.

  • *H1 handset revenue up 69 pct globally, 124 pct in China. HONG KONG/ BEIJING, July 22- Huawei Technologies Co Ltd more than doubled its China smartphone revenue in the first half of 2015, defying a slowdown in the world's biggest handset market that is enveloping rivals Xiaomi Inc and Samsung Electronics Co Ltd.. "There's that buzz going around Huawei in China right...