Nokia trims Q1 outlook, confirms more than 2 million Lumia phones sold
Nokia on Wednesday lowered its outlook for the first quarter of 2012, noting that performance from its devices and services division will have a greater …
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Netflix beats Street but loses 800,000 subscribers in Q3; DVD decline to continue
Shares of Netflix stock plummeted more than 27% in after-hours trading as the company revealed it lost more than 800,000 customers in the third quarter. …
Microsoft has lost $5.5 billion on Bing since launch
Microsoft has lost $5.5 billion, an average drain of $1 billion per quarter, on Bing since it introduced the search engine in 2009, CNNMoney reported …
T-Mobile loses 50,000 subscribers in Q2, reports revenue decline
T-Mobile USA reported its second quarter results on Thursday and noted that it lost 50,000 subscribers during the quarter. That’s a drop, but it’s not …
Sony blames Q1 net loss on earthquake, economy
Sony reported its fiscal first quarter results on Thursday and recorded a net loss of 15.5 billion Yen ($198.7 million). The company attributed the loss …
Sony Ericsson posts Q2 loss, blames Japan earthquakes
Sony Ericsson on Friday posted a net loss of €50 million in the second quarter of 2011, blaming supply constraints resulting from devastating earthquakes that …
Sony to post $3.2 billion annual loss
Sony Chief Financial Officer Masaru Kato announced to the press on Monday that the company expects to post an annual loss of $3.2 billion for …
Sprint has banner quarter, still posts net loss
Moments ago, Sprint released its earnings report card for the first quarter of 2011, and things are definitely improving. The company saw its largest increase …
T-Mobile takes a beating in Q4 2010; sheds 318,000 contract customers, post-paid churn at 3.6%
The fourth quarter of 2010 — the busy holiday quarter — was not all that fruitful for the U.S.’s forth largest wireless provider. In an …
LG reports record Q4 loss, record drop in annual profit
Try as it may, 2010 is a year that LG Electronics will not soon forget. The struggling electronics giant on Wednesday reported its fourth quarter …
Even with wireless growth, Verizon posts Q4 loss of $653 million
Yesterday, Verizon Communications, Inc. reported a Q4 loss of $653 million, despite a strong showing from its wireless division. Verizon Wireless has the most retail …
