Electronics, Third Quarter | featured news

(Image from article: "Samsung now No. 1 smartphone vendor, over Apple")

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Best Buy reports 3rd-quarter loss

Best Buy Co. reported another dismal quarter on Tuesday, recording a loss in the third quarter, hurt by a continued sales slump and charges related to restructuring. Shares fell more than 11 percent in morning trading to its lowest level in more than a decade.

Samsung now No. 1 smartphone vendor, over Apple

In the third quarter of 2011, Samsung was the king of the smartphone world, with one report showing the domination of the manufacturer overtaking Apple's global reign.

Apple blames iPhone rumors for disappointing results

Apple Inc stunned Wall Street by reporting results that missed expectations for the first time in years, blaming rumors of the new iPhone for hurting demand in the September quarter.

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