iPhone Activations Help AT&T Earnings
AT&T Inc. (NYSE: T) has managed to beat earnings expectations. Earnings hit $6 billion from operations and the report came to $0.62 per share on $31.5 billion in revenues, while the consensus was $0.60…
Telecom & Wireless
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Newest first · Page 66Samsung Quits as Apple LCD Panel Supplier
Citing a “stiffer supply-chain management structure,” Samsung Electronics said today that it will end its contract with Apple Inc. (NASDAQ: AAPL) and stop supplying the U.S. company with LCD panels. Samsung shipped more than…
Microsoft Tablet Sells Out in U.K.
The 32-Gbyte version of the Microsoft Corp. (NASDAQ: MSFT) Surface tablet without the Touch Cover has sold out in the U.K. The sold-out tablet lists for $599 in the U.S. and £399 in the…
Reality Sets in at Nokia (NOK, AAPL, GOOG)
Nokia Corporation (NYSE: NOK) was originally trading higher on earnings but shareholders have grown very used to disappointment by this fallen leader. The troubled cellphone maker managed to show third quarter revenue and earnings…
Sprint Adds to Clearwire Stake
In a filing today with the Securities and Exchange Commission, Sprint Nextel Corp. (NYSE: S) said that it will buy some 34 million shares of Clearwire Corp. (NASDAQ: CLWR) from Eagle River Holdings, giving…
Nokia’s Q3 Not as Bad as Feared
Nokia Corp. (NYSE: NOK) reported third quarter results before markets opened this morning. The mobile handset maker posted a net loss of €0.07 (about $0.09) per share on revenues of €7.2 billion (about $9.4…
Verizon Performs as Expected
Verizon Communications Inc. (NYSE: VZ) reported third-quarter results before markets opened this morning. The telecommunications giant posted adjusted diluted earnings per share (EPS) of $0.64 on revenues of $29 billion. In the same period…
Smartphones Top 1 Billion Worldwide
We learned last week that there were 6 billion mobile device users in the world. Today, research firm Strategy Analytics said that the number of global smartphone users has topped 1 billion. The company…
Reality Sets in at Clearwire
Clearwire Corp. (NASDAQ: CLWR) is set to be acquired under part of the Sprint Nextel Corp. (NYSE: S) virtual takeover by Softbank in Japan. Not so fast. We warned that a deal might not…
Cell Towers At All-Time Highs Around Sprint/Softbank
Many investors keep looking at the gains in Sprint Nextel Corp. (NYSE: S) and in Clearwire, but the cellular tower outfits really seem to be winning here. If Softbank, via Sprint, is really going to…
Clearwire Still Above Implied Standalone Value
ClearwireClearwire Corporation (NASDAQ: CLWR) may soon find itself between a rock and a hard place. This is not due to the company’s action, nor it is the company’s fault. With Sprint Nextel Corp. (NYSE:…
Apple Reducing Samsung’s Role in Chips Supply
It appears that the left hand at Apple Inc. (NASDAQ: AAPL) is finally figuring out what the right hand is doing. For the past year or so, Apple has taken every opportunity it could…
Amazon Eyeing TI Smartphone Chip Division (AMZN, TXN, AAPL, ARMH)
Internet behemoth Amazon.com Inc. (NASDAQ: AMZN) is considering acquiring the smartphone chip division of Texas Instruments Inc. (NASDAQ: TXN). The report of the talks, which are said to be “advanced,” comes from an Israeli…
Clearwire Shares Rise on Hope
ClearwireThe $20.1 billion that Japan’s SoftBank Corp. has agreed to pay for a 70% stake in Sprint Nextel Corp. (NYSE: S) does not include any condition that Sprint increase its stake in Clearwire Corp.…
Clearwire Trading Above Implied Buyout Valuation
David Faber on CNBC is talking up Clearwire Corp. (NASDAQ: CLWR) about the interest by Sprint Nextel Corp. (NYSE: S) but the details remain murky. Yesterday we noticed that options traders were valuing the top…