Wireless Madness at Sprint, MetroPCS
Over the last three months the best performing wireless carrier stock has been — wait for it — Sprint Nextel Corp. (NYSE: S), up nearly 62%. The second best performing stock in the same…
Telecom & Wireless
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Newest first · Page 74Facebook Smartphone on Its Way?
While investors breathlessly await the company’s first earnings report since its IPO, Facebook Inc. (NASDAQ: FB) is believed to be prepping a run at the smartphone market. A report from Bloomberg News cites “people…
Alcatel-Lucent Swings to a Loss, Will Cut 5,000 Jobs
Alcatel-LucentAlcatel-Lucent (NYSE: ALU) this morning reported a net loss of 254 million euro ($308 million), compared to a net profit of 43 million euro ($52 million) a year ago. Revenue fell 7.1% to 3.55…
Moody’s Cuts Nokia Ratings
Moody’s this morning cut its rating on long-term senior unsecured debt from Nokia Corp. (NYSE: NOK) from Ba1 to Ba3. Short-term unsecured ratings of Not-Prime (NP) were affirmed and the ratings outlook remained “negative.”…
Samsung Sells Ten Million Galaxy III Phones
Samsung management said the sales of its flagship Galaxy S III smartphone reached 10 million in the first two months it has been on the market. That pace may not be quite as fast…
Wireless Data Driving Verizon Results
Verizon Communications Inc. (NYSE: VZ) reported second-quarter results this morning that were inline with consensus estimates. Diluted earnings per share (EPS) came in at $0.64, on target with the estimate, and revenue totaled $28.6…
Microsoft to Capture 4% of US Smartphone Sales in 2012
According to the latest research from Strategy Analytics, Windows Phone operating systems from Microsoft Corp. (NASDAQ: MSFT) will capture 4% of the US smartphone market in 2012. While still trailing far behind market leaders…
Global Network Spending Hobbled
Ericsson posted disappointing earnings. So did network supply firms Alcatel-Lucent (NYSE: ALU) and ZTE. Telecom firms, wireless suppliers and cable companies have retreated from increasingly higher spending habits that have ranged over several years. Either…
Sprint Stock On Its Way To Doubling
Sprint Nextel Corporation (NYSE: S) has witnessed a substantial recovery. In fact, its shares are now almost three-quarters of the way to having doubled off of its $2.10 low seen on January 31, 2012. …
The Death of Alcatel-Lucent … Breaking the One Euro/Dollar Mark
If you thought things were ever dicey at Cisco Systems, Inc. (NASDAQ: CSCO), the woes happening at Alcatel-Lucent SA (NYSE: ALU) are just atrocious. The sad thing to see is that what is left…
Apple iPhone 5 To Have Thinner Screen–WSJ
The Wall Street Journal has reported that the new Apple (NASDAQ: AAPL) iPhone 5 will have a thinner design and a higher resolution display. The makes it sound like the smartphone will be quite a bit…
Nokia Cuts Price of Flagship Phone in Half
NokiaNokia (NYSE: NOK) has cut the price of its flagship Lumia 900 in half to $49.99. The smartphone is available, among other places at AT&T’s (NYSE: T) as a “web only” special. The price change…
Apple Presses Into China
Apple (NASDAQ: AAPL) made another push into a market where it has to be successful to keep up its hypergrowth — China. Its new product for the market is an updated version of the…
More On Amazon Smartphone
There are more rumors — or news, based on the credibility of the reports — that Amazon.com (NASDAQ: AMZN) has signed up suppliers in Asia to build a smartphone. The device would compete with…
RIM Deathwatch: Annual Meeting Shows Management Still In Denial
Research In Motion Limited (NASDAQ: RIMM) is acting like the next Palm. They are dying. The company’s CEO has said that RIM and the formerly great Blackberry operating system is not in the midst…