Investment firm Canaccord Genuity said today in its daily newsletter that Apple Inc. (NASDAQ: AAPL) garners about 80% of the operating profit among all handset makers. Of $14.4 billion in industry profit,…
The restructuring of the world’s troubled multinationals continues. The trend has been particularly evident in industries like big pharma, where sales have fallen too fast to maintain expense levels. The most recent victim of poor sales,…
The Greeks try to get a financial aid package while some regional leaders say the eurozone does not need the southern European nation. (Reuters) A House committee pushes through plans for a…
Greece continues to demonstrate that it can teeter almost indefinitely between austerity and the grant of aid packages without a short-term resolution to its sovereign debt crisis. The latest development is that the ruling coalition…
The launch of the iPhone 4S from Apple Inc. (NASDAQ: AAPL) catapulted the market for smartphones to 157.8 million units in the fourth quarter of 2011, up 54.7% from 102 million units…
HTC posted fourth-quarter earnings that were less than impressive. It also forecast a disastrous first quarter. These are signs that HTC is the latest company to succumb to the success of Samsung and Apple (NASDAQ:…
Sony’s (NYSE: SNE) revenue fell 9% in the September quarter and the company posted a loss, one of a long series. The Japanese firm also said that its P&L problems would not…
HTC, Motorola (NYSE: MMI), LG and Nokia (NYSE: NOK) might as well curtail their efforts in the smartphone arena. The industry has only two companies left with the ongoing opportunity for extremely large…
New research from Strategy Analytics shows that Apple (NASDAQ: AAPL) was the number one seller of smartphones worldwide, with a 23.9% market share and sales of 37 million units. The results almost exclusively are…
Greece and its creditors are close to a deal on the nation’s debt swap. (Reuters) A judge rules that some of the Gulf spill costs to be covered by Transocean (NYSE: RIG) will…
Strategy Analytics has released its fourth quarter global smartphone data. Apple (NASDAQ: AAPL) took the No.1 spot with a market share of 23.9% and sales of 37 million out of a worldwide…
Telephone handset maker Nokia Corp. (NYSE: NOK) posted a loss of -$1.4 billion early this morning as the company’s sales of smartphones has all but disappeared and operating margins have fallen to…
Shares of Nokia Corp. (NYSE: NOK) are tumbling today following a glum forecast from one of the company’s main chip suppliers. ST-Ericsson, a joint venture between STMicroelectronics N.V. (NYSE: STM) and LM…
Research In Motion (NASDAQ: RIMM) replaces its co-CEOs with the firm’s COO. (Reuters) A Reuters poll shows Japanese manufacturers have prepared for a eurozone break up. (Reuters) Apache (NYSE: APA) to buy…
It is a wonder that Sony (NYSE: SNE) wants to take sole ownership of the Sony Ericsson handset company. The firm announced another loss, this time for the fourth quarter. It has…
