RIM reports Q4 miss; Balsillie resigns as director, CTO and COO both out
With expectations at an all-time low and analysts lowering estimates left and right, Research In Motion on Thursday reported its results for the fourth fiscal …
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Best Buy posts mixed Q4 earnings, plans to close 50 U.S. stores
Best Buy on Thursday reported results for the fourth fiscal quarter of 2012. The nationwide retail giant had missed Wall Street’s estimates in both the …
RIM slashes BlackBerry prices in India one day ahead of Q4 earnings
Research In Motion has made drastic cuts to BlackBerry smartphone prices in India just one day before the Waterloo, Ontario-based vendor is scheduled to report …
Digital music sales grew 8% in 2011, now total 31% of industry revenue
The past year was a good year for the music industry as sales rose to their best highest point in eight years. According to the …
RIM: ‘Grim and getting grimmer’
Research In Motion is set to report its results for the fourth fiscal quarter and full fiscal year on Thursday, and Wall Street is bracing itself …
Sprint’s board is watching CEO Dan Hesse closely amid investor unrest
After five years at Sprint’s helm, CEO Dan Hesse’s effectiveness is being called into question. While Hesse and his team have managed to stall subscriber defection, …
HTC’s struggles continue, revenue plummeted 45% so far this year
HTC’s revenue during the first two months of 2012 has plummeted 45% compared to the same period last year. The popular vendor on Tuesday published …
‘Be Bold’ is a bust: Ad blitz didn’t help BlackBerry 7 sales in February
Research In Motion’s increased marketing efforts centered around its “Be Bold” campaign in North America have not paid off according to Canaccord Genuity. Sales of …
HTC sees negative smartphone sales trend reversing thanks to HTC One phones
HTC is confident the company’s new One series smartphones will rescue the company from slowing sales, propelling it to the No.5 smartphone vendor spot and beyond. “We are confident …
Apple named ‘World’s Most Admired Company’
Fortune on Thursday published its list of the “World’s Most Admired Companies” and as expected, Apple came in on top. “To say it was another …
RIM’s Q4 likely to disappoint, iPhone 5 will overshadow BlackBerry 10
Research In Motion is likely to report a disappointing February quarter according to Jeffries & Company analyst Peter Misek, and the company may soon pre-announce …
Facebook brings ads to mobile news feed and logout screen
Facebook on Wednesday announced at the company’s Marketing Conference that premium ads will now appear in its mobile application. Advertisements will be displayed on mobile …
Go Apple or go home? T-Mobile continues to flounder without the iPhone
T-Mobile USA on Thursday reported a rough holiday quarter during which the company lost a net 802,000 contract subscribers. In its earnings release, T-Mobile mentions …
T-Mobile reports big subscriber losses in Q4, says it will launch LTE in 2013
T-Mobile on Wednesday reported earnings for the company’s holiday quarter, which saw the carrier lose 802,000 customers causing revenue to drop 3.3% to $20.6 billion. …
HP reports Q1 earnings: EPS beats but revenue and Q2 guidance both miss
Hewlett-Packard on Wednesday reported its fiscal first-quarter earnings, which fell short of Wall Street’s expectations. Analysts expected the computer giant to pull in $30.75 billion …
Foxconn owner Hon Hai reports huge revenue growth in January
Hon Hai Precision Industry Company, Ltd., parent company of original device manufacturer Foxconn, reported huge revenue growth of nearly 50% for the month of January, …
A single share of Apple stock now costs more than an iPad
The “Apple is worth more than” meme has gotten plenty of play over the past year, but a new measure of Apple’s success emerged on …
Can smartphone vendors survive with Apple and Samsung dominating the industry?
Apple and Samsung are in the midst of a patent-fueled war with no end in site, but the pair has also inadvertently joined forces to make …
E Ink revenues nose dive 60% in January
E Ink, the popular company that provides paper-look gray-scale displays for eReaders, reported consolidated revenues of $48.02 million in January, down 63.6% from the same …
Sprint posts $1.3 billion net loss in Q4; 1.8M iPhones sold, 1.6M net subscribers added
Sprint on Wednesday reported its results for the fourth quarter of 2011. The nation’s No.3 carrier sold 1.8 million iPhones, 40% of which were sold …
Apple claimed a staggering 80% of mobile profit in Q4
Impressive data points from Apple’s record-setting holiday quarter continue to trickle out, and new estimates suggest that the company accounted for a staggering share of …
iPhone 4S launch sent Apple Store sales skyrocketing
Apple Stores are often busy and with the release of new iPhones and iPads, Apple’s retail locations become bombarded with waves of excited customers. According …
HTC slump continues in Q4; guidance misses Q1 estimates
HTC on Monday reported earnings for the fourth quarter last year along with guidance for the first quarter that missed analysts’ estimates. Further highlighting the …
Sony posts huge $2 billion net loss in Q3, cuts forecasts
Kazuo Hirai was appointed Sony’s new chief executive on Wednesday and one day later, the company reported a wider than expected loss in the third …
LG reports second straight loss in Q4
LG Electronics on Wednesday posted its second consecutive quarterly loss despite record flat-panel TV shipments and solid performance from its mobile handset division. The South …
A visualization of Apple’s market cap and cash [infographic]
Apple reported a monster first quarter last Tuesday that sent the company’s stock skyrocketing over the past week. Apple’s holiday quarter was the most profitable …
Samsung’s Q4 delivers record $4.7 billion in profit on $42 billion in revenue
Samsung on Friday reported record earnings for the fourth quarter last year. In line with the company’s estimates as reported earlier this month, Samsung recorded …
Motorola posts $80 million Q4 loss; ships 10.5 million mobile devices including 200,000 tablets
Motorola Mobility on Thursday announced the company’s results for the fourth quarter last year. The vendor managed $3.4 billion in revenue but posted a net …
AT&T reports best-ever quarter for smartphones; 7.6 millon iPhones activated
AT&T reported its fourth-quarter 2011 results on Thursday and noted that it achieved record mobile broadband and smartphone activations during the quarter. The company reported …
Nokia reports huge €1 billion Q4 loss, says over 1 million Lumia phones sold
Nokia on Thursday reported earnings for the fourth quarter of 2011, revealing its third straight quarterly loss but beating analyst estimates. The company saw revenue …
