Google to Fire 4,000 from Motorola
Google Inc. (NASDAQ: GOOG) will cut 4,000 Motorola workers now that the buyout of the handset maker is complete. Media outlets claim the cuts will come because Google only wants to build smartphones and…
Google Inc. (NASDAQ: GOOG) will cut 4,000 Motorola workers now that the buyout of the handset maker is complete. Media outlets claim the cuts will come because Google only wants to build smartphones and…
The latest data from International Data Corp. (IDC) confirms what we’ve all known for a while now: The mobile OS market is now unquestionably a two-horse race due to the dominance of Android and…
Remember the January rumor that Research in Motion Ltd. (NASDAQ: RIMM) was being considered for acquisition by Samsung Electronics (OTC: SSNLF)? That’s okay if you don’t, because they could be about to start up…
Disappointing average revenue per user resulted in an earnings miss for Dish Network Corp. (NASDAQ: DISH). The second-largest U.S. satellite-television provider said this morning that its quarterly earnings came to $0.50 per share and…
The CEO of Sprint Nextel Corp. (NYSE: S) told a group of reporters today that the company saw “no reason to bet against” Apple Inc. (NASDAQ: AAPL) and the iPhone. It’s been just about…
In yet another sign that the smartphone market is a two-horse race, Apple Inc. (NASDAQ: AAPL) and Samsung Electronics together grabbed 108% of the industry’s profits in the second quarter of 2012. How did…
NII Holdings Inc. (NASDAQ: NIHD) reported a second-quarter net loss of $0.60 per share and $1.5 billion in revenue before markets opened today. Per-share earnings for the same period a year ago came to…
Leap Wireless International (NASDAQ: LEAP) is out with its second quarter results, and the end result showed a wider loss than expected and the customer metrics look soft as well. Apparently having no-contract customers is…
It was just last Friday that Clearwire Corporation (NASDAQ: CLWR) was up double-digits on word that the FCC was going to plan a 4G roll-out on an accelerated basis. The move was part of…
Global shipments of smartphones in the second quarter of 2012 totaled 158 million, and China accounted for 27% of those shipments, a total of 42 million units, according to research firm Canalys. The total…
Nokia Corporation (NYSE: NOK) has managed to hold up rather well considering that a federal appeals court allowed an InterDigital Inc. (NASDAQ: IDCC) patent case to be revived against Nokia. The court of appeals apparently…
Telecom provider Frontier Communications Corp. (NASDAQ: FTR) posted better-than-expected EPS after markets closed last night, reporting adjusted EPS of $0.08 compared with the consensus estimate of $0.05. Revenue of $1.26 billion was nearly -5%…
We have recently warned about a dividend bubble that is inflating in the high dividend yield stocks like the telecom giants. Both AT&T Inc. (NYSE: T) and Verizon Communications Inc. (NYSE: VZ) are now…
Clearwire Corporation (NASDAQ: CLWR) is seeing a big gain after the wireless 4G data network operator managed to report earnings in line with expectations and somehow managed to boost its guidance. The company’s quarterly…
Recently, two trends have marked the global smartphone industry. Sales increases have slowed, and Samsung Electronics Co. has moved into an incredibly dominant place. The South Korean company has become the firm to chase, and…