Media Digest 8/17/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Dell (DELL) will restate four years of results after an audit that lasted over a year. Reuters writes that Bear Steans (BSC) will cut 240 jobs in its sub-prime…
According to Reuters, Dell (DELL) will restate four years of results after an audit that lasted over a year. Reuters writes that Bear Steans (BSC) will cut 240 jobs in its sub-prime…
Facebook has built an application that runs on the Apple (AAPL) iPhone. TechCrunch believes that it is the best application yet for the handset. The new product is a win for both…
Perhaps Sony (SNE) should not feel so bad about all of those faulty PC batteries that it made. This AM Nokia (NOK) announced that as many as 46 million handsets had Matsushita…
Qualcomm’s (QCOM) legal strategy for defending its intellectual property has been a mess recently. It lost a key ruling with the ITC. The agency said that because the company infringed on certain…
It was hard to imagine that things could get worse for Qualcomm (QCOM) but they have. The company announced strong earnings this month and guided higher, but all of the other news…
Yesterday, a federal judge ruled that two Qualcomm (QCOM) patents for video compression where not enforceable because the company "deliberately concealed the patents from a standards-setting group,", according to The Wall Street…
Microsoft’s (MSFT) Zune does not seem to be doing much good getting the company a piece of the Apple (AAPL) iPod digital music player market. So, the world’s largest software company is…
According to Bloomberg, Nokia’s (NOK) net income rose to 2.83 billion euros ($3.87 billion), or 72 cents share. The company moved market share toward 40 percent by introducing new devices as competitor…
Motorola (MOT) hit a new 52-week low today. And, at $16.73, it is no wonder. Nokia (NOK), the US company’s larger rival, is expected to say that it sold nearly 100 million…
A number of stocks did badly last week, but with the market up so much over the last two years, only a small number hit 52-week lows. One of those was Motorola…
When Apple’s shares first started trading after earnings came out, they dropped briefly. The 9.8 million iPods the company sold seemed to be below expectations, even if the number was up 21%…
Piper Jaffray has raised its price target for Apple (AAPL) from $160 to $205. up 28% which is stunning. Apple trades at $143 now. So, a stock that is up 130% over…
The head of Qualcomm (QCOM), Paul Jacobs, has worn out his welcome. His father founded the company, so it may be hard to get him out. But, the board has to consider…
The EU has decided to pass over Qualcomm’s (QCOM) new MediaFlo technology in favor of Nokia’s (NOK) mobile-television system as the standard which will be used in Europe. Given that there are…
Nokia (NOK) was having trouble launching hot phones three years ago, Motorola’s (MOT) RAZR would the phone-of-the-year in 2005 and held that title for about 18-months. But, now Motorola looks like a…