Palm’s Centro Leads Shares (PALM, S, VZ)
Palm, Inc. (NASDAQ: PALM) has not been without its problems. But there seems to be a saving grace here with strong unit sales. The Palm Centro has now reached its 2-millionth unit sold. It…
Telecom & Wireless
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Newest first · Page 119Alcatel-Lucent’s (ALU) CEO-For-Life Walks Toward The Sunset
Alcatel-Lucent (ALU) CEO Pat Russo survived a string of quarterly losses and catastrophes at her company that would have put a lesser person down. She remained bloodied by unbowed as ALU reported tremendously poor…
Level 3 Becomes a Leveraged Sentiment Proxy (LVLT)
Level 3 Communications Inc. (NASDAQ: LVLT) is seeing shares under pressure today after its quarterly earnings report. What is interesting is that nothing has really changed on the micro-level since the stock was much…
The Biggest IP Battle On Earth Reaches A Truce (QCOM)(NOK)
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 wireless internet.…
Qualcomm Earnings Partly Immaterial As It Settles Nokia Suit (QCOM, NOK)
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 of $2.76…
All The Important Places The New Apple (AAPL) iPhone Won’t Work
A lot of people waited for months to get a new Apple (AAPL) 3G iPhone. Some even passed up the first version, which ran on AT&T’s (T) slower 2.5G network. A number of customers…
ETF Launch: International Telecom Sector From State Street (STT, IST)
State Street Corporation (NYSE: STT) announced that its State Street Global Advisors unit is launching 10 new SPDR exchange-traded funds, which are supposed to begin trading on the American Stock Exchange today. SPDR(R) S&P(R)…
LG Earnings: A Bit Of Brightness For Cellphones (AAPL)(RIMM)(NOK)
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. For the…
Nokia (NOK) Sucks More Air Out Of The Handset Room (AAPL)(MOT)(RIMM)
Nokia (NOK) had a stronger second quarter than most people expected. According to The Wall Street Journal, "Nokia said sales rose to €13.15 billion from €12.59 billion. Analysts expected sales of €12.86 billion." Just…
R-I-M Takes a Downgrade (RIMM)
Research-In-Motion Ltd. (NASDAQ: RIMM) is seeing shares trade lower this morning in pre-market trading. The Blackberry Smartphone maker saw its shares downgraded this morning as shares were cut to "Underperform" from Hold at Needham. …
Sprint About To Be Acquired? (S, SKM)
Sprint Nextel (NYSE: S) just saw a rather large surge in volume as per our report at Volume Spike (VSInvestor.com). We saw a surge in trading and price based upon a CNBC report from…
Apple (AAPL) Sells One Million iPhones In Three Days, Little Reaction By Stock
According to Apple (AAPL), it sold one million versions of its new 3G handset worldwide during the first day it was on the market. "iPhone 3G had a stunning opening weekend," said Steve Jobs,…
With Extraordinary Start, Apple (AAPL) Moves To Dominate Smartphone Market
Apple (AAPL) probably sold over 425,000 3G iPhones in the first three days it was on the market. That would put it on track to hit forecasts from Piper Jaffray that the company will…
Broken Apple (AAPL) iTunes Servers Kill iPhone Activation
Who thought that Apple’s (AAPL) iTunes operations would screw up the launch of the 3G iPhone? Nobody. That’s who. But, it turnsout that to activate the iPhone, part of the process must be done…
New Research: Apple (AAPL) iPhone Will Wreck RIM (RIMM)
The Apple (AAPL) iPhone may do more damage to RIM (RIMM) more quickly than most analysts think. According to Changewave’s most recent survey of 3,567 consumers, 55% of those who plan to get a…