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Consumer Electronics


  • May 22- Canadian smartphone maker BlackBerry Ltd is cutting jobs across the world, the company said on Friday, as it consolidates its software, hardware and applications business. The Waterloo, Ontario- based company last month said it was considering closing its offices in Sweden, a move that would result in the loss of up to 100 jobs. Up to Friday's close, the...

  • BlackBerry to buy up to 12 mln shares for cancellation Thursday, 21 May 2015 | 6:15 PM ET

    May 21- Canadian smartphone maker BlackBerry Ltd said it plans to buy back 12 million shares, sending its stock up nearly 2 percent in extended trading in the United States. BlackBerry said it would buy the shares, representing about 2.6 percent of its outstanding public float, over the Nasdaq Stock Market or on the Toronto Stock Exchange, subject to approval.

  • May 21- Best Buy Co Inc, the largest U.S. consumer electronics chain, reported better-than-expected quarterly profit and sales, helped by strong demand for smartphones and large-screen TVs. Best Buy said its revenue growth in the United States was driven by sales of mobile phones bundled with billing plans by telecom carriers. Best Buy's revenue from the United...

  • This expert is 'cautiously optimistic' on Lenovo Wednesday, 20 May 2015 | 11:24 PM ET
    This expert is 'cautiously optimistic' on Lenovo

    Patrick Moorhead, president & principal analyst at Moor Insights & Strategy, discusses the outlook for Lenovo.

  • Lenovo reports FY results: What to expect Wednesday, 20 May 2015 | 9:33 PM ET
    Lenovo reports FY results: What to expect

    Jean-Louis Lafayeedney, director at Societe General Haitong, explains why he expects the world's number 1 PC company to outperform with its full-year financial results due Thursday.

  • SEATTLE, May 20- Microsoft's plan to make its new version of Windows a mobile hit by letting it accept tweaked Apple and Android apps has met an obstacle: some of the software developers the company needs to woo just aren't interested. Windows phones accounted for just 3 percent of global smartphone sales last year, compared with about 81 percent for devices with...

  • Samsung quietly preps for change at top Tuesday, 19 May 2015 | 7:42 PM ET

    Samsung's heir-apparent faces a delicate balance: carefully preparing for change - of style more than strategy - while preserving his ailing father's legacy.

  • Munster Culpa: I was wrong about Apple TV Tuesday, 19 May 2015 | 12:10 PM ET
    Gene Munster, Piper Jaffray

    After years of telling investors an Apple-branded television was imminent, Piper Jaffray analyst Gene Munster offered a mea culpa on Tuesday.

  • Is Carl Icahn becoming too bullish on Apple? Monday, 18 May 2015 | 11:05 PM ET
    Is Carl Icahn becoming too bullish on Apple?

    Michael Yoshikami, founder & CEO of Destination Wealth Management, discusses Carl Icahn's open letter to Apple CEO Tim Cook about how he believes Apple's stock is worth about $240

  • For Apple, China is the 'fuel in the tank': Pro Monday, 18 May 2015 | 9:04 PM ET
    For Apple, China is the 'fuel in the tank': Pro

    Daniel Ives, managing director and senior analyst at FBR Capital Markets, says China will be "front and center" in Apple's growth story moving forward.

  • Will China’s Xiaomi make it in the US and Europe? Monday, 18 May 2015 | 8:20 AM ET
    Xiaomi headquarters in Beijing, China

    Chinese smartphone giant, Xiaomi, is set to open its doors to U.S. and European consumers shortly.

  • Disruptor #6 Dropbox: Business segment growing Friday, 15 May 2015 | 11:30 AM ET
    Disruptor #6 Dropbox: Business segment growing

    Dropbox founder and CEO Drew Houston, discusses collaborations with businesses, and keeping information secure.

  • Sharp gets second bailout in 3 years: What's wrong? Thursday, 14 May 2015 | 8:46 PM ET
    Sharp gets second bailout in 3 years: What's wrong?

    Peter Boardman, managing director of Tradewinds, discusses how cut-throat competition in Japan's LCD market is hurting Sharp.

  • Is your kid playing with your capex? Thursday, 14 May 2015 | 7:02 PM ET

    Companies – even new ones – appear to be skipping out on capex, but that spending may just not get counted because your kid is playing with it, UBS said.

  • *Car companies use Nvidia's "supercomputer on a chip". DETROIT, May 14- It took Silicon Valley chipmaker Nvidia Corp the better part of a decade to gain acceptance as a global automotive supplier, a lesson for other technology firms hoping to make a similar transition from consumer electronics to car components. Nvidia had a thriving business in supplying...

  • RadioShack has a new owner Thursday, 14 May 2015 | 8:54 AM ET
    RadioShack has a new owner

    Standard General bought the RadioShack brand name for $26.2 million in an auction.

  • Sharp secures a $1.7 billion bank bailout Thursday, 14 May 2015 | 2:56 AM ET

    Japan's loss-making Sharp said it had secured a $1.7 billion bailout from banks, its second major rescue in three years.

  • Toshiba says to mark down reported profit for 3 years Wednesday, 13 May 2015 | 9:28 PM ET

    Toshiba is likely to mark down three fiscal years of profit by at least $419.43 million in total after an internal probe into accounting irregularities.

  • Disruptor 50: No. 15 Quirky Tuesday, 12 May 2015 | 7:00 AM ET
    Ben Kaufman, founder and CEO of Quirky

    This 6-year-old company culls ideas submitted to its website, and the best ones get made and sold in some of the world's biggest retailers.

  • Sharp says may cut its capital, shares dive 20% Sunday, 10 May 2015 | 10:17 PM ET
    Toshiyuki Osawa, president of Sharp Electronics, unveils the company's new televisions, including one with Corning’s Iris Glass, at the International Consumer Electronics show in Las Vegas on Jan. 5, 2015.

    Sharp said it was considering a capital reduction and preferred share issuance as part of its restructuring plan, sending stocks sliding.