Citing a report from mobile phone security firm Lookout, Digital Trends reports that $30 billion worth of mobile phones were lost in the US last year. That’s nearly $100 for every man, woman, and…
In 2011, global shipments of 4G LTE smartphones totaled 6.8 million units. In 2012, that number is expected to grow to 67 million smartphones according to research firm Strategy Analytics. Apple Inc. (NASDAQ: AAPL),…
US-based T-Mobile unit, part of Deutsche Telekom, has begun to look like Sprint. The No.4 wireless carrier in the US, has found it barely survive in a race dominated by AT&T (NYSE: T) and Verizon…
American Tower Corporation (NYSE: AMT) has now converted its share structure to that of a real estate investment trust or a REIT. The cellphone tower operator and land owner has set its first quarterly…
It is far from a secret that Research-in-Motion Ltd. (NASDAQ: RIMM) is in trouble. It is a classic value trap rather than a value stock. I recently had an interesting conversation with a trader…
In our daily research summary of analyst upgrades and downgrades, we noted how Sprint Nextel Corporation (NYSE: S) was downgraded at Bernstein and the firm took the rating down to Underperform from Market Perform. …
The Federal Trade Commission (FTC) is reported to have subpoenaed documents from Apple Inc. (NASDAQ: AAPL) related to how the company incorporates the search engine from Google Inc. (NASDAQ: GOOG) on Apple’s iPhone and…
HTC posted fourth-quarter earnings that were less than impressive. It also forecast a disastrous first quarter. These are signs that HTC is the latest company to succumb to the success of Samsung and Apple (NASDAQ: AAPL). Like…
QUALCOMM Inc. (NASDAQ: QCOM) is out with its quarterly earnings at $0.97 EPS on an adjusted basis and with $4.68 billion in revenues. Thomson Reuters had estimates of $0.90 EPS on $4.57 billion in…
Wikimedia CommonsQUALCOMM Inc. (NASDAQ: QCOM) is now even closer to its 52-week high ahead of this afternoon’s expected earnings report. Shares are now around $59.15 and the 52-week range is $45.98 to $59.84. Thomson Reuters…
HTC, Motorola (NYSE: MMI), LG and Nokia (NYSE: NOK) might as well curtail their efforts in the smartphone arena. The industry has only two companies left with the ongoing opportunity for extremely large sales —…
AT&T Inc. (NYSE: T) is out with a huge headline loss due to that $4 billion break-up fee paid charge from the failed T-Mobile merger. The headline loss is -$1.12 EPS and the total…
AT&T Inc. (NYSE: T) is due to report its quarterly earnings for its fourth quarter on Thursday morning and estimates are $0.45 EPS and $31.94 billion in sales. Shares are still hanging north of…
Shares of Nokia Corp. (NYSE: NOK) are tumbling today following a glum forecast from one of the company’s main chip suppliers. ST-Ericsson, a joint venture between STMicroelectronics N.V. (NYSE: STM) and LM Ericsson Telephone…
Shares of Verizon Communications Inc. (NYSE: VZ) are down more than -2% in pre-market trading this morning following the company’s fourth quarter and full year earnings report. Verizon posted adjusted EPS of $0.52 on…