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…
While investors breathlessly await the company’s first earnings report since its IPO, Facebook Inc. (NASDAQ: FB) is believed to be prepping a run at the smartphone market. A report from Bloomberg News…
Paul Ausick The short interest data is out from the July 13 settlement date and we have compared these levels to the prior June 29 settlement date. It seems that there were some big…
For the first time ever, US consumer electronics purchases are expected to top $200 billion in 2012 according to the latest forecast from the US Consumer Electronics Association (CEA). The group is…
Apple Inc. (NASDAQ: AAPL) is set to report earnings after the close on Tuesday. With a great sell-through in iPads but a weaker iPhone demand ahead of the upcoming iPhone 5, everyone…
Moody’s this morning cut its rating on long-term senior unsecured debt from Nokia Corp. (NYSE: NOK) from Ba1 to Ba3. Short-term unsecured ratings of Not-Prime (NP) were affirmed and the ratings outlook…
Apple (NASDAQ: AAPL) will shrink the connector for the iPhone 5. (Reuters) Greece presses for billions of euros in budget cuts before aid payments. (WSJ) Eastman Kodak loses several patent disputes, which…
The three major US stock indexes opened lower this morning after Spanish bond yields rose above 7% again and the country’s Valencia region asked for central government assistance in paying its debts.…
U.S. markets are set to open higher, buoyed by somewhat better-than-expected earnings. Late Wednesday, IBM (NYSE: IBM) posted a higher profit and boosted its earnings target for the year. EBay (NASDAQ: EBAY)…
