Tag Archives: last quarter

Nokia fights back with cheap touchscreen phones

General view of the Nokia flagship store in Helsinki

HELSINKI (Reuters) - Struggling mobile phone maker Nokia Oyj has unveiled its first full touchscreen phones aimed at the budget end of the market, as it looks to fill a gap in its product range and catch up with rivals, particularly in emerging markets. Nokia has lost out badly to Apple Inc and Google Inc ...

RIM warns of loss for Q1, hires JP Morgan and RBC Capital Markets to help with strategic review

RIM warns of loss for Q1, hires JP Morgan and RBC Capital Markets to help with strategic review

RIM announced last quarter that it would no longer be providing its traditional financial guidance for upcoming quarters, but CEO Thorsten Heins has nonetheless seen fit to deliver a "business update" today that offers some indication of what it's store for the company. The headline is that it's unsurprisingly projecting an operating loss ...

HP tries to stem Autonomy exodus after founder goes

LONDON (Reuters) - Hewlett Packard Co has told staff at Autonomy they have a bright future even after founder Mike Lynch was shown the door on Wednesday, joining a long line of top managers to leave the Cambridge-based software maker since HP bought it last year. HP Chief Executive Meg Whitman said the group was ...

Gartner: mobile phone sales fell two percent last quarter, Samsung confirmed as numero uno

Gartner: mobile phone sales fell two percent last quarter, Samsung confirmed as numero uno

Gartner's latest dispatch reveals a wobbly global trade in mobile phones. Although our love of smartphones continued to blossom, with sales of that subcategory up nearly 45 percent, it wasn't enough to stave off a two percent overall decline compared to the same quarter in 2011. A total of 419.1 million handsets were ...

NVIDIA reports Q1 earnings: rakes $60.4 million profit on $924.9 million in revenue

NVIDIA

What's black and white and red all over? One thing it's probably not is NVIDIA's Q1 2013 earnings report. That's why we're here to dig through the muck and tell you that the company saw both profits and revenue fall from last quarter. Revenue was down three percent to $924.9 million but, more shockingly, ...

iPad mini may be in the pipeline, says analyst

(Credit: Apple) Apple's long-rumored 7-inch iPad might be more than just a rumor, according to Barclays analyst Ben Reitzes. Discussing the iPad in a research note yesterday, Reitzes said the investment firm is still holding out hope that Apple will add a 7-inch tablet to its lineup. "Our global research team still sees some evidence of this product in ...

Killing unlimited data plans has helped make U.S. carriers billions

Verizon and AT&T are making money hand over fist coast to coast. (Credit: Josh Long/CNET) Killing off their unlimited data plans in recent years hasn't made U.S. wireless carriers very popular in certain circles, but it has helped them make a lot of money off your mobile-data habit. In the last quarter alone, AT&T reported more than $6.1 billion ...

Apple owns 8.8% of cell phone market, 73% of cell phone profits

Apple owns 8.8% of cell phone market, 73% of cell phone profits

After posting the most profitable quarter in technology company history to close 2011 ” and the second most profitable quarter among all companies, ever ” Apple came back again in the first calendar quarter of 2012 and managed another monster quarter. The Cupertino, California-based technology giant earned $11.6 billion on $39.2 billion in sales during the ...

IDC: Apple makes big gains in tablet market, Android stumbles

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Research firm IDC predicted there would be a steep drop off in tablet shipments during Q1 of 2012. Following the surge of sales during the holiday season, a fall of 34 percent, while certainly staggering, is hardly surprising. But there's bad news: shipments failed to meet even those bleak predictions. Shipments fell by ...