Shares in Ericsson tanked over 10 percent on Thursday after announcing weak first quarter results and reorganization plans. » Read More
Motorola on Thursday posted a quarterly loss as revenue fell amid weak phone sales and the company loses market share.
Volatility will be the watchword for European equity markets next week as a lack of corporate news looks set to leave stocks adrift and vulnerable to jitters about U.S. subprime lending losses.
Sony Ericsson, the world's fourth-biggest mobile phone maker, missed expectations with a 55 percent jump in quarterly profits after it shifted focus to sales of lower-priced phones to gain market share.
Apple plans to launch a cheaper version of the iPhone in the fourth quarter that could be based on the ultra-slim iPod Nano music player, according to a JP Morgan report.
Apple's iPhone will have a longer lasting battery than originally expected, exceeding those in rival phones, the company said Monday.
Stocks closed flat as the markets failed to hang onto a minor afternoon rally. "As volatility starts to pick up again, people have begun to realize that the probability of the Fed easing here is very, very low -- maybe even a better probability the Fed tightens here," said Richard Bernstein, chief investment strategist at Merrill Lynch.
Wireless equipment maker Ericsson said Thursday its net profit grew 27% during the first quarter, boosted by stronger sales in western Europe and Asia.
Ashok Kumar, an analyst at Raymond James, told CNBC’s “Squawk Box” that he expects Texas Instruments’ earnings to improve in the second half of the year.
Mobile phone maker Sony Ericsson said Friday that first-quarter earnings more than doubled on strong sales of its Walkman music handsets.
Mobile networks giant Ericsson expects to make more acquisitions to boost its multimedia arm, the chief executive of the company was quoted as saying on Thursday.
Jim Goldman talks to Viacom boss Philippe Dauman while Melissa Francis talks with Sony-Ericsson Carl-Henric Svanberg.
Swedish mobile telecom equipment maker Ericsson reported a rise in fourth-quarter profit Friday, but the company's view of 2007 results was a little softer than anticipated.
The Washington Research Foundation has sued mobile phone makers Nokia, Samsung Electronics and Matsushita-owned Panasonic for infringing on a patent for wireless Bluetooth technology.
Stocks pulled back fractionally as a late-day selloff prevented another record day for the Dow, while the Nasdaq and S&P 500 finished slightly lower as well.