RIM reports Q1 earnings: misses analyst estimates, Q2 outlook misses, layoffs coming
Research In Motion on Thursday reported earnings for the first quarter of fiscal 2012. After cutting its first-quarter outlook at the end of April, RIM’s …
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Best Buy Q1 earnings beat the Street, net income slides 12%
Shares of Best Buy stock jumped by as much as 7% Tuesday morning as the company reported results for the first fiscal quarter of 2012 that …
HTC sees record revenue for second consecutive month in May
HTC saw its monthly revenue in May surpass NT$40 billion for the first time in the company’s history. Taiwan Economic News reports on Thursday that …
RIM letting opportunity from Nokia debacle slip, Citi says
In a note to investors on Thursday, Citigroup analyst Jim Suva cut his rating on shares of RIM stock from Buy to Hold, dropping his …
Nokia stock plummets as company lowers second-quarter, full-year guidance
Shares of Nokia stock plummeted by as much as 12% on Tuesday as the Finnish cell phone maker lowered its second-quarter and full-year guidance for …
Android makes Microsoft more money than Windows Phone
According to a report by Citi analyst Walter Pritchard, Microsoft may be making more money off Google’s Android operating system than it makes off its own Windows …
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 …
HTC’s April revenue balloons 113% to hit record high
HTC’s revenue in April 2011 hit a record high, Taiwan Economic News reports. The publication cites a financial statement from HTC in claiming the smartphone …
Asustek issues Q2 guidance; 11% increase in shipments, 5% increase in revenue
While Acer scrambles to reverse the current negative trend that saw its PC shipments fall last quarter as revenue dove 56%, Taiwan-based competitor Asustek just …
Apple may become the first $1 trillion company [video]
Giddy over Apple’s consistent staggering growth — and seemingly giddier over the iPad — Formula Capital managing partner James Altucher believes that Apple is poised …
Nokia reports Q1 earnings; smartphone share dips, profit dips more
Nokia on Thursday reported earnings for the first quarter of 2011, which saw the Finnish giant’s smartphone market share dip below 30% for the first …
Qualcomm announces Q2 earnings; record revenues of $3.9B
Qualcomm on Wednesday reported its earnings for the fiscal second quarter or 2011. Strong demand for smartphones and other connected devices that utilize the company’s …
Apple reports Q2 earnings; iPhone beats the Street, iPad misses big, profit up 95%
Apple on Wednesday reported earnings for the second quarter of fiscal 2011. Reports from Tuesday suggesting Apple might miss iPad sales estimates were accurate as …
AT&T reports Q1 earnings; iPhone activations up by 1 million in spite of Verizon iPhone launch
AT&T on Wednesday reported its earnings for the first quarter of 2011. The report is highlighted by impressive iPhone activations that were up by almost …
Sony Ericsson reports Q1 2011 results; profit cut in half on slow sales
Sony Ericsson on Tuesday reported its earnings for the first quarter of 2011, during which profit fell sharply on slowed device shipments. While smartphones made …
JP Morgan raises Q2 estimates ahead of Apple earnings next week
Following RBC Capital Markets General Manager Mike Abramsky’s lead, JP Morgan analyst Mark Moskowitz on Friday raised his revenue and EPS estimates for Apple’s 2011 fiscal …
Google posts 27% increase in revenues; Q1 earnings slightly miss mark
Internet juggernaut Google has released its financial results from the first-quarter of 2011, and things are looking pretty good. The company posted revenues of $8.58 …
RBC: 'iPads outselling hotcakes,' iPhone 5 due in September
RBC Capital Markets Managing Director Mike Abramsky on Tuesday reiterated the firm’s position that sales of popular Apple products like the iPad 2 likely helped …
HTC Q1 profit triples on demand for Android phones
HTC on Friday reported first-quarter 2011 earnings highlighted by profit that handily beat analysts’ estimates. Tremendous demand for the company’s popular Android smartphones such as …
HTC market cap to hit all-time high, surpassing $35B this year
HTC’s market capitalization is expected to soon surpass NT$1 trillion according to a report on Wednesday from Taiwan Economic News. The company’s market cap recently …
Motorola XOOM and ATRIX 4G sales are ‘disappointing,’ analyst claims
Another analyst has cut revenue estimates for Motorola Mobility, again citing poor sales of the company’s key products as the driving force behind the downward …
Acer CEO resigns as company hits rough patch
It appears as though Acer founder Stan Shih will get his wish, as news of CEO Gianfranco Lanci’s resignation could mark the start of a …
RBC calls RIM earnings a ‘tale of two cities’
In a note to investors on Friday, RBC Capital Markets Managing Director Mike Abramsky attempts to put Research In Motion’s fourth-quarter earnings and first-quarter guidance …
RIM reports Q4 earnings; revenue misses estimates despite record shipments
Shares of Research in Motion stock declined over 12% after hours on Thursday as the company reported its fourth-quarter earnings for its 2011 fiscal year. …
HP reports Q1 2011 earnings, lowers full-year guidance
Hewlett-Packard on Tuesday reported its earnings for the first quarter of the company’s 2011 fiscal year, which ended on January 31st. Revenue missed Wall Street’s …
Samsung reports Q4 earnings: revenue and income grow, profit slides
Samsung on Friday reported its fourth quarter and full year 2010 earnings, highlighting revenue and net income growth but missing Wall Street’s consensus as operating …
Nokia Q4 earnings: profits fall for third straight quarter, market share slides
Nokia revealed its third consecutive decline in profits as the struggling cell phone maker reported its fourth-quarter 2010 earnings. Net sales grew 6% year-over-year to …
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 …
Motorola Mobility reports Q4, full year earnings; Q1 2011 guidance bleak
Motorola Mobility on Wednesday reported its fourth quarter and full year 2010 earnings. It also gave grim but anticipated guidance for the first quarter of …
Sony Ericsson sees small profit in Q4; shipments decline
Things have been rough for Sony Ericsson over the past couple of years. Intriguing new gear is on the way from this once-great Swedish joint …
