China Mobile (CHL), the world largest cellular service provider, posted strong earnings for last year, but that may be the extent of the good news. Company revenue grew, reaching RMB 412,343 million, up 15.5 %…
Sales of the new Samsung Instinct are not helping Sprint (S) very much. Of all the handsets the No.3 US cellular carrier sells, the Instinct ranks N0.15 in terns of unit sales and No.7…
Research in Motion Ltd. (NASDAQ: RIMM) is not participating in this morning’s rally. This stock had a good week as shares closed yesterday at $41.46 after having traded under $36.00 on Monday. Research firm…
This week 24/7 Wall St. is picking several stocks that are likely to double off of their lows. The timeframe is by the end of 2010, which is meant to coincide with some form of economic…
Clearwire Corporation (NASDAQ: CLWR) is set to report earnings after the close of trading today. While the actual earnings number is probably irrelevant, that is not true for the revenue. This report may actually…
A little good news for AT&T (T) today. JPMorgan has added the stock to its analyst focus list and rates it “overweight”. The firm commented: “We are adding AT&T to our Analyst Focus List…
There is a rather large retirement in the world of technology today. It may be more of a formality than anything, but Paul Jacobs now chairman of Qualcomm Incorporated (Nasdaq: QCOM). He is replacing…
A positive note on the big telcos from John Hodulik at UBS. He writes: “Dividend cuts at other companies underscore strength at AT&T/VZ. With a number of large companies such as GE and JPMorgan…
Dell’s earnings dropped 48% last quarter and now it will probably fire more people. The numbers were not a surprise. Independent research shows PC sales falling around the world as the recession sets in. Earnings…
People in the wireless industry have been talking about what will replace 3G networks in the next two or three years. AT&T (T), Verizon (VZ), Sprint (S), and their peers overseas need something to…
Microsoft (MSFT) is pushing hard to show that it can be a viable competitor in the business of providing operating systems for smartphones. It has done a deal with handset giant LG which will…
Something like a billion handsets are sold worldwide every year. That is good news for the large phone companies with big cellular businesses. Wireless handsets, calling plans, and data charges have built new revenue…
Nokia (NOK) is starting a software store for its handsets. According to MarketWatch, it will be “an online bazaar that will allow users to buy music or films as well as applications directly from their…
Level 3 Communications Inc. (NASDAQ: LVLT) managed to give an upside surprise to earnings this morning. Its guidance was much better than most expected. That includes yours truly.
Somehow, some way, Wall Street was surprised that Research in Motion Ltd. (NASDAQ: RIMM) reported worse-than-expected earnings. Based on all the corporate layoffs, this should have been expected. Where this gets interesting its that…