The new Apple (AAPL) has plenty of challengers. Samsung has made the “Instinct” for Sprint (S). Early word is that it is selling well. T-Mobile will be the first cellular provider to…
According to Reuters, the FDIC may have to borrow money from Treasury to see it though a wave of bank failures. Reuters reports that Lehman (LEH) has asked three investment firms to…
Motorola’s (MOT) plan to spin-off its handset unit was set back further by the news that its domestic market share fell to 21% in the second quarter compared to 32% for the…
Intel (INTC) says sales of its new "Atom" chips are off to a good start, although it is unclear what that means. The product line was created for a new generation of…
Reports have been increasing that the new Apple (AAPL) 3G iPhone is having trouble connecting to 3G networks and is plagued by dropped calls. Since a number of consumers waiting for the…
Motorola (MOT) kept its lead in US market share by holding 25.8% of the country’s cellular phone business. That was hardly the big story. Research-In-Motion (RIMM), maker of the Blackberry, was the…
The sun can never set on a day before some large multinational company says that its future is in China. Why should Nokia (NOK) be an exception? Nokia management opines that, even…
Douglas A. McIntyre According to Reuters, RBS (RBS) had $1.35 billion loss due to write-downs. Reuters reports that Google (GOOG) says its investment in AOL may be impaired. Reuters writes that Citigroup (C) and Merrill…
According to Reuters, Microsoft (MSFT) backed its internet spending plan and said it was done with negotiations with Yahoo! (YHOO). Reuters reports that the CFO of Wachovia (WB) is leaving.
Wall St. cannot underestimate the extent to which the intellectual property battle between Nokia (NOK) and Qualcomm (QCOM) has created a log-jam that has held back advances in the world of the…
According to Reuters, Amazon (AMZN) earnings beat Wall St. forecasts. Reuters reports that Ford (F) wil keep its small pick-up plant open for two years.
Qualcomm Inc. (NASDAQ: QCOM) did come out with earnings after all, albeit quite late (very late if you’ve been here since 5:30 AM). The company posted non-GAAP EPS of $0.55 on revenues…
The cellular handset business may not be as bad off as some analysts suppose. Result from Korean electronics company LG, which operates at the high end of the market, were fairly strong.…
The PC industry’s race to create smaller and smaller computers to stave off competition from smart phones has begun to backfire. Intel (INTC) has started making tiny, energy-efficient chips to power the…
According to Reuters, Roche has offered to buy-out Genentech (DNA) for $42.7 billion. Retuers reports that one of Yahoo!’s (YHOO) activist investors has called for a compromise which would put some of…
