A World Talking To Itself: Cellphones Hit 50% Worldwide Usage
ET will not have to phone home. He can talk to more than half of the world’s population. According to stats from the US, cellphone penetration will hit 3.3 billion people this…
ET will not have to phone home. He can talk to more than half of the world’s population. According to stats from the US, cellphone penetration will hit 3.3 billion people this…
When Sony (SNE) and Ericsson (ERIC) found that neither had enough market share to go it alone in the global handset business, they merged their operations. During 2007, the joint venture moved…
Motorola’s (NYSE: MOT) shares were halted. Then the company announced what many on Wall St. had expected. Its board will look at whether not the company should exit the cell phone business.…
On tonight’s MAD MONEY on CNBC, Jim Cramer compared a great Nokia (NYSE: NOK) to a horrible Motorola (NYSE: MOT). Last week Motorola said mobile handset sales were down 38% last week…
Big handset company Sony-Ericsson is launching its own music store following about a billion other companies into the business of selling digital songs to owners of portable multimedia devices. That list is…
We are full blown into earnings season now. These are not all of the stocks in the news, but this is a good portion of the news in individual stocks for traders…
Every time Motorola (MOT) posts a bad quarter, it seems that Nokia (NOK) posts a good one. Motorola is losing money in its core handset business. It sold only 40 million units…
Qualcomm (NASDAQ: QCOM) is set to report its second quarter 2008 earnings after the close today. The company is expected to post $0.53 EPS on revenues of $2.41 Billion, according to First…
It is all over now for Motorola (MOT) and Palm (PALM). They might have had a chance to pick up enough market shares to dig themselves out of the holes of late…
Early indications are the that new Motorola Razr2 may not have had such a hot fourth quarter. According to Bloomberg "Motorola probably sold 2 million Razr 2s, the slimmer camera phones (the…
The big US companies with the weakest prospects have sold off by as much as 50% over the few months. But, because some of them have powerful brands, large customer bases, and…
The worst part of the recession cycle is beginning. News from several big sectors like retail, housing, and automotive has already turned bad. In the last two days, Sprint (S) and GM…
It’s official. Fidelity’s Magellan Fund (FMAGX) is being re-opened for new investors. This fund at one point in 1997 became so large that the fund closed itself to new funds and outside…
Google (GOOG) data show that users of Apple (AAPL) iPhones have been accessing its mobile search tools more than people with any other smartphone. According to The New York Times "the data…
According to Reuters, Merrill Lynch (MER) plans to lay-off 1,600 people. Reuters writes that US durable goods numbers were worse than expected for November. Reuters writes that Wal-Mart (WMT) will end its…