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Technology: Hardware
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Americans are not fans of their cable TV service or their cell phone service. But they really hate their Internet service provider.
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NEW YORK, April 23- AT&T Inc reported a net loss of cellphone subscribers in the first quarter as it lost market share to bigger rival Verizon Wireless, sending its shares down about 2 percent. As a result AT&T's revenue missed Wall Street expectations as its subscriber growth was driven by tablet computer users who pay lower monthly fees than phone users.
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Broadcom, which sells wireless chips used in Apple's iPhone as well lower-end devices popular in Asia, posted first-quarter revenue of $2.01 billion, up 9.7 percent from the year-earlier period.
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NEW YORK, April 23- AT&T Inc reported weaker than expected quarterly revenue as its wireless subscriber growth for the first quarter was driven by tablet computer users who pay lower fees than cellphone customers.
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NEW YORK, April 23- AT&T Inc reported faster-than-expected wireless subscriber growth for the first quarter, driven by sales of tablet computers with cellular connections. Its profit rose to $3.7 billion, or 67 cents per share, from $3.58 billion, or 60 cents per share, in the year-ago quarter.
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WASHINGTON, April 22- Apple Inc scored a win on Monday when the U.S. International Trade Commission ruled that it did not violate a Google patent to make the popular iPhones. The smartphone industry has seen dozens of lawsuits on several continents as Apple and companies that make smartphones that use Google's Android software vie for market share.
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Wall Street has turned against its one-time iDarling. The rout in Apple's shares has been swift, with the stock falling 44 percent since late September, leaving many wondering when, and where, all of this will end. The NYT reports.
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April 18- Blackstone Group LP has ended its pursuit of Dell Inc, two sources familiar with the matter told Reuters, paving the way for private equity house Silver Lake and company founder Michael Dell to buy out the world's No. 3 PC maker. Billionaire Carl Icahn has also taken a significant stake in the company and opposes Michael Dell's effort.
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*Lenovo says in early acquisition talks, no target named. *Lenovo bought IBM's PC business in 2005. April 18- Lenovo Group said on Friday it was in preliminary talks about a potential acquisition, following a media report that IBM Corp was negotiating the sale of its x86 server hardware business to the Chinese computer maker.
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HONG KONG, April 19- Hong Kong shares were poised to start flat on Friday, with Lenovo Group climbing 1.7 percent after the Chinese personal computer maker was reported to be in negotiations to purchase IBM Corp's x86 server hardware business. The Hang Seng Index was set to open flat at 21,517.9.
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April 18- IBM Corp is in negotiations to sell its x86 server hardware business to Chinese computer maker Lenovo Group, technology news site CRN reported on Thursday citing sources with knowledge of the situation.
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HELSINKI, April 18- Analysts' reactions to Finnish mobile phone maker Nokia's Q1 results. "They are on a right track and we can see a much better year for Nokia smartphones. "I think when Nokia gets to over 10 million of Windows phone 8... volume that will keep Nokia in the game."
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HELSINKI, April 18- Finnish mobile phone maker Nokia trimmed its losses in the first quarter, thanks to stronger Lumia smartphone sales. Nokia, which has fallen behind Samsung and Apple in the smartphone race, said it sold 5.6 million units of Lumia handsets in the first quarter, up from 4.4 million in the previous quarter.
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HELSINKI, April 17- Finnish mobile phone maker Nokia is expected to have trimmed its losses in the first quarter, thanks to rising Lumia smartphone sales and a turnaround at its equipment venture Nokia Siemens Networks.
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The videogame maker surprised the tech world this week by announcing plans to axe several games on Facebook from its Playfish acquisition.
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April 16- Intel Corp forecast June-quarter revenue in line with expectations as the personal computer industry grapples with falling sales and a shift toward tablets and smartphones. Intel said its first-quarter revenue was $12.58 billion, down from $12.91 billion in the year-ago quarter.
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April 16- Intel Corp posted first-quarter revenue of $12.58 billion and net earnings of $2.0 billion, or 40 cents a share, as the personal computer industry grapples with falling sales and a shift toward tablets and smartphones.
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April 16- Billionaire investor Carl Icahn has agreed to limit his investment in Dell Inc and in return can team up with other shareholders on a potential bid for the personal computer maker, Dell said on Tuesday.
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Steve Durose, head of Asia-Pacific Technology, Media and Telecoms (TMT) ratings, tells CNBC that China's Lenovo PC maker has had a tremendous performance on sales and are having an impact on the US market.
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Gary Jackson, Big Data & Analytics Principal for Growth Markets at CSC, says the future of PCs lies not in mobile, but in wearable technology.
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Overall PC sales are down nearly 14 percent year over year, and Microsoft's software strategy is struggling. CNBC's Jon Fortt breaks down the latest in Microsoft.