Gartner, an information technology research and advisory company, announced today that worldwide sales of mobile phones declined 2.3% in second quarter to 419 million units, compared to the year-ago quarter. Smartphone sales,…
The short interest data is out from the July 31 settlement date and we have compared these levels to the prior July 13 settlement date. It seems that there were some big…
Short sellers backed away from their gambles on old tech firms as they increased their positions in new Web 2.0 companies. For the period that ended July 31, short sellers cut their…
NokiaMobile phone maker Nokia Corp. (NYSE: NOK) has agreed to sell a portfolio of more than 500 patents to Vringo Inc. (NYSEMKT: VRNG) for an undisclosed sum. Nokia will retain some ongoing…
How many companies see their shares rise on direct offerings of stock? Vringo Inc. (NYSEMKT: VRNG) is trading higher again today, but not on raising capital. The company announced that it…
Jon C. Ogg The latest data from International Data Corp. (IDC) confirms what we’ve all known for a while now: The mobile OS market is now unquestionably a two-horse race due to the dominance of…
In yet another sign that the smartphone market is a two-horse race, Apple Inc. (NASDAQ: AAPL) and Samsung Electronics together grabbed 108% of the industry’s profits in the second quarter of 2012.…
The three major US stock indexes opened about 1% higher this morning following the news that non-farm payrolls grew by a much larger-than-expected 163,000 (our coverage here). Once investors warmed up to…
Global shipments of smartphones in the second quarter of 2012 totaled 158 million, and China accounted for 27% of those shipments, a total of 42 million units, according to research firm Canalys.…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Friday morning. Annaly Capital Management Inc. (NYSE: NLY) cut to Hold at Wunderlich.…
San Bernadino, Calif., will file for Chapter 11 over $1 billion in debt. (Reuters) The Federal Reserve says it may need to help the economy later this year. (Reuters) Toyota Motor Corp.…
Nokia Corporation (NYSE: NOK) has managed to hold up rather well considering that a federal appeals court allowed an InterDigital Inc. (NASDAQ: IDCC) patent case to be revived against Nokia. The court of…
The latest rankings are out from comScore Inc. (NASDAQ: SCOR) on the US smartphone device and platform markets. Samsung Electronics (OTC: SSNLF) leads the device makers with a 25.6% market share in…
NokiaNokia Corp. (NYSE: NOK) continued a two-day surge, up another 9% today on rumors China-based PC firm Lenovo will buy it. Lenovo has said the rumor is “a joke.” Nokia continues to…
Recently, two trends have marked the global smartphone industry. Sales increases have slowed, and Samsung Electronics Co. has moved into an incredibly dominant place. The South Korean company has become the firm to…
