Cell Phone, Quarterly Earnings | featured news

RIM Shares Drop Sharply

RIM Shares Drop Sharply

Research In Motion shares were sharply lower Friday, after the company issued a steep first-quarter earnings warning late Thursday, heightening fears that the BlackBerry maker is buckling amid competition from Apple and Google.

 

Motorola Mobility Q1 Tops Estimates; Sells 4.1M Smartphones; Over 250K Tablets

Motorola Mobility this afternoon posted better-than-expected Q1 results. For the quarter, the company reported revenue of $3 billion and a non-GAAP loss of 8 cents a share; the Street had expected $2.84 billion and a loss of 12 cents a share. The company said it sold 9.3 million mobile devices in the quarter, including 4.1 million smart phones, and more than 250,000 tablets. Revenues were up 22% from a year ago.

 

Verizon: We Activated 2.2 Million iPhones

Verizon reported on Thursday that it activated 2.2 million iPhones during its first fiscal quarter for 2011. The cell service provider revealed the information as part of its quarterly earnings report, a day after Apple and AT&T shared their quarterly earnings data.

 

Motorola phones return to profit

Motorola's mobile phone division reports a quarterly profit for the first time in more than three years.

 

Apple reports $3.25 billion profit on strong iPhone sales

Apple on Tuesday reported a $3.25 billion profit for its fiscal third quarter of 2010.

Senh: Very impressive. I wonder how the recent iphone 4 antenna issues affected sales. Still, gotta give it to Steve Jobs. The guy just keeps on creating one innovative product after another.

 

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