Monday, 14 May 2012 | Source: The Associated Press
Here is a summary of recent earnings and reports for selected technology companies and what they reveal about the state of spending and the overall economy:
Friday, 11 May 2012 | Source: The Associated Press
Here is a summary of recent earnings and reports for selected technology companies and what they reveal about the state of spending and the overall economy:
HELSINKI (Reuters) - Nokia's new chairman Risto Siilasmaa defended its turnaround strategy on Thursday before meeting shareholders who are losing patience with the company's efforts to catch up in the smartphone market.
The lone engineer who was blamed by Google for its most controversial breach of online privacy told others in the company far more about the affair than Google has previously disclosed, according to the results of a damning US regulatory investigation released over the weekend. The FT reports.
Nokia is in advanced talks to sell the world’s most expensive mobile phone brand to Permira, the private equity group, as the Finnish company looks to dispose of non-core assets to help turnround its devices division, the Financial Times reports.
In the popular narrative of Nokia's eclipse, it is Apple's iPhone that steals the light, but the company is also losing its shine in the basic phone market, which had been a reliable generator of profits and carried the promise of years of strong growth in emerging markets. No more.
Friday, 27 Apr 2012 | Source: The Associated Press
Here is a summary of recent earnings and reports for selected technology companies and what they reveal about the state of spending and the overall economy:
Friday, 27 Apr 2012 | Source: The Associated Press
THE MOVE: Standard and Poor's on Friday downgraded Nokia's credit rating by one notch and warned that it may reduce it again unless the company's performance improves.
Friday, 27 Apr 2012 | Source: The Associated Press
Standard and Poor's on Friday downgraded Nokia's credit rating by one notch and warned that it may reduce it again unless the company's performance improves.
Friday, 27 Apr 2012 | Source: The Associated Press
A surge in Galaxy smartphone sales fueled earnings at Samsung Electronics to a record high in the first quarter, usually a tough season for the global consumer electronics industry, outshining handset rivals such as Nokia Corp.
Samsung has become the world's largest cellphone maker, while global sales of mobile phones fell 2 percent in January-March after 10 straight quarters of growth, research firm Gartner says.... Read More
MasterCard is betting big on mobile payments replacing credit cards and is making moves to make sure it has solid footing in the mobile payment space... Read More
Wounded cellphone maker Nokia has turned on one of its former allies in the patent protection battlefield by filing lawsuits against rival smartphone maker HTC as it steps up its efforts to raise funds.... Read More
When Mike Lazaridis and Jim Balsillie were running Research In Motion , BlackBerry World was a chest-thumping celebration of RIM's successes and a showcase for the innovations that would assure its continued dominance... Read More
South Korea's Samsung Electronics overtook Nokia as the world's top handset maker for the first time in the first quarter, ending the Finnish firm's 14-year reign, a report by research firm Strategy Analytics showed on Friday.... Read More