Nokia (NOK) Cries “Uncle” Who Will Take It Business?
Nokia (NOK) made a number of odd statements today, the net effect of which was to drive the firm’s stock down 10%. For starters, it said its global market share in the third quarter…
Telecom & Wireless
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Newest first · Page 118Ciena Echoes Telecom & Data Slowdown (CIEN, JDSU)
Ciena Corporation (NASDAQ: CIEN) has come out with earnings and posted a 7% drop in non-GAAP EPS to $0.37 EPS on a 24% revenue rise to $253.2 million. First Call had estimates at $0.37…
24/7 Wall St. Exclusive Interview With Sprint (S) CEO Dan Hesse
24/7 Wall St. asked Sprint (S) CEO Dan Hesse a few questions.Here are his answers. 24/7: Sprint has clearly had trouble with customer service which has shown up in studies like JD Power. You…
Apple (AAPL) Get Closer To China
As Apple (AAPL) moves into India and Russia, it still needs an official foothold in the largest cellular market–China. On the mainland there are over 500 million cellular accounts. The consumer electronics company may…
Apple (AAPL): The iPhone Is Broken, Again
If there are any more bugs or flaws in the new Apple (AAPL) 3G iPhone, the company’s investors are going to start to notice. According to MSNBC, "A security flaw in Apple Inc.’s iPhone…
Apple (AAPL) iPhone Picks Up Ground On RIM (RIMM)
Apple’s (AAPL) iPhone is doing well in the consumer market, but it now appears to be picking up ground with businesses as well. According to the August ChangeWave survey of IT spending, 17% of…
China Mobile (CHL) Success Likely To Be Short Lived
China Mobile (CHL) announced extraordinary results for the first half and it is not likely to repeat them in the future. CHL’s 54.8 billion yuan ($8 billion) in net profit in January-June compared with…
Nokia(NOK): The Best Chance To Chase The Apple (AAPL) iPhone
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 come out…
Google (GOOG) Wins The Mobile Search Wars
It looks like Google (GOOG) will strike a deal to be the default search feature on all of Verizon’s (VZ) cellular handsets. Since the phone company has about 70 million subscribers, the win is…
Google (GOOG) Lands Deal With No. 4 Cellular Carrier, What Happened To No.1?
The New York Times reports that T-Mobile will be the first carrier to offer a cell phone powered by Google’s (GOOG) much-anticipated Android software. HTC will provide manufacturing, and the phone could be on…
The Apple (AAPL) iPhone Is Broken
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 new version…
Sprint (S) Rises Aloft On Wild Rumors
Sprint (S) has traded about ten times its normal volume with over 261 million shares changing hands. The market is ablaze with rumors that the cellular carrier will cancel its plan to raise $3…
Vonage Creeps Up (VG)
New management over at Vonage Holdings Corp. (NYSE: VG) is going to have its hands full. The independent VoIP telephony leader did post a narrower loss on expense management. Its $7 million loss came…
Gabelli Enters SPAC IPO Game (GBL, VZ)
Last night there was a filing from Gabelli Entertainment & Telecommunications Acquisition Corp. to come public via an initial public offering for a special purpose acquisition company (SPAC) or a blank-check company. This is…
Motorola’s (MOT) Handset Business Is Worth Nothing
Analysts believe that Motorola (MOT) may have dropped into fourth place among the world’s handset manufacturers. Two years ago, it was a strong second with 22% of the market. According to Reuters, "Nine analysts…