Motorola is in the early stages of looking into a potential sale of roughly $4.5 billion of its television set-top box and network equipment business, according to a Wall Street Journal report.
Sprint Nextel is starting the process of eliminating up to 2,500 jobs or 6 percent of its workforce this quarter as part of an effort to shave at least $350 million off its annual expenses.
With Google's free navigation on the Motorola Droid, available Friday, cell phones are expanding at the expense of navigation devices such as Garmin and TomTom.
If you're planning on committing a crime, cheating on your spouse or lying to your employer about where you’ve been, it may be a good idea to leave your cell phone at home.
Verizon Wireless said Thursday that it would sell an HTC Corp phone based on Google Android system for $99.99, potentially putting pressure on smaller carrier Sprint Nextel.
AT&Tis suing Verizon Wirelessin an effort to stop its bigger mobile rival from using "misleading" coverage maps in ads that AT&T says are causing it to lose "incalculable market share."
Sprint Nextelreported a wider quarterly loss and a 9 percent revenue decline, but its success in slowing the loss of the most valuable wireless subscribers took some of the sting out of the results.
Motorola forecast a higher-than-expected profit for the current quarter, when it will start selling two new Google Android phones in hopes of regaining ground lost to iPhone.
Verizon Communications on Monday posted a third quarter profit that fell more than 9 percent but was slightly ahead of analyst estimates and it added more wireless customers than expected.
Tuesday, 20 Oct 2009 | Source: The Associated Press
Wall Street knew Appleresults for the most recent quarter would blow past the company's conservative guidance, but investors clearly weren't prepared for the 47 percent jump in profit that Apple delivered.
Tuesday, 6 Oct 2009 | Source: The Associated Press
Verizon Wireless and Google say they are teaming up to speed development of new mobile devices based on Google's Android software that will run on Verizon's cell phone network.
Research in Motionreported a profit that rose over last year and topped expectations, but sales fell short of forecasts and the Blackberry maker's shares plunged in late trading.
Nokia attracted upside options activity yesterday after industry figures showed that its smartphones are gaining international market share... Read More
Should investors stick with equities or hold onto their cash instead? James Moffett, chairman of Scout Investment Advisors, and Charles de Vaulx, portfolio manager at IVA Funds, shared their best investment strategies.... Read More
Smart phone makers Research in Motion, Apple and Palm are all in great shape for more upside, said Mike Abramsky, managing director of RBC Capital Markets and David Garrity, principal of GVA Research LLC... Read More
It was just a matter of time, and most of the folks I'm talking to have been surprised thus far that Palm CEO Ed Colligan lasted as long as he did after former Apple exec Jon Rubinstein stepped in as executive chairman... Read More