Based on preliminary analysis of the 3G iPhone, Apple's new handset may be its most profitable product, garnering better than 50% margins, according to analysts.Though the grand shift from hardware profits to service-and-application profits has yet to materialize for the mobile industry's biggest players...
Nokia Corp. will acquire total ownership of Symbian Ltd., buying out current partners in a deal valued at about $411 million, the company said today.Nokia said it would combine its own S60 platform with the Symbian platform and provide the results - a single...
Research In Motion Ltd. reports fiscal first-quarter earnings on June 25 and, driven by sales of its Curve at Verizon Wireless, two analysts said the company's results likely would be at the high end of current guidance."Our view is based on very strong retail...
Analyst Tero Kuittinen at Global Crown Capital L.L.C. said in a note to investors that top-tier carriers in the United States were pulling back on support for Motorola Inc., and characterized the vendor's pending product launches as "a half-baked mess.""The summer surge of fresh...
LAS VEGAS - On day two of the NXTcomm08 event here, wireless seemed to jump out of the backseat and into the limelight. Executives Denny Strigl, current president and COO of Verizon Communications Inc. and former CEO of Verizon Wireless, and Dan Hesse, CEO...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--RBC Capital Markets lowered its price target on AT&T to $46 from $47 and adjusted its estimates on the carrier to account for 3G iPhone...
LAS VEGAS - The growing importance of wireless in the general telecom space was evident during this morning's keynote session at the NXTcomm08 trade show here, as AT&T Inc. chief Randall Stephenson referred to the recently introduced Apple Inc. 3G iPhone numerous times in...
APPLE INC. IS THE NAME and, now, sheer volume is the game.Before the "wow" factor for his much-hyped handset fades or is eclipsed by competitors, Apple CEO Steve Jobs has abandoned his initial business model for plunging into wireless and has gone with a...
While Apple Inc.'s 3G iPhone includes a number of new technologies to excite tech-savvy phone users, it's the device's price and enterprise focus that could stand as the greatest boon to AT&T Mobility, the exclusive U.S. carrier for the device. But frankly, that is...
Editor's Note: Welcome to our weekly feature, Analyst Angle. We've collected a group of the industry's leading analysts to give their outlook on the hot topics in the wireless industry. In the coming weeks look for columns from Current Analysis' Peter Jarich, NPD Group's...
Apple's unveiling of its 3G iPhone this week came as little surprise to any industry observer or, for that matter, any person who happened to contact any form of media over the past several months. Countless trees and digital ink were sacrificed in the...
Qualcomm Inc. said that it expected revenue in its current quarter, on a pro forma basis, would be just above the high-end of its prior guidance of about $2.5 billion to $2.7 billion. Meanwhile, Texas Instruments Inc. narrowed its range for the quarter's revenue...
Hello! And welcome to our Thursday column, Worst of the Week. There's a lot of nutty stuff that goes on in this industry, so this column is a chance for us at RCRWirelessNews.com to rant and rave about whatever rubs us the wrong way....
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier--R.W. Baird raised its 2009 EPS estimate on Verizon to $2.97 from $2.89 on news of the company's pending acquisition of Alltel. Standard & Poor's...
Two big mobile players made headlines in the past few days, but they seem to be headed in very different directions.Apple once again displayed its marketing chops, grabbing headlines in both the mainstream media and the trade press as it showcased the latest version...
While the 3G iPhone includes a number of new technologies to excite tech-savvy phone users, it's the device's price and enterprise focus that could stand as the greatest boon to AT&T Mobility, the exclusive U.S. carrier for the device.
Indeed, the carrier plans to sell...
SAN FRANCISCO - You could cut the anticipation with a knife leading up to Apple Inc.'s Worldwide Developer Conference this morning. The company delivered the iPhone 3G to thunderous applause more than 75 minutes into a nearly two-hour presentation.
The sold-out event brought 5,200 people...
Overnight, it seems, mobile Internet devices, or MIDs, are the topic du jour.But like many overnight sensations, the MID category is constructed of a fragile combination of long-term toil in the lab and a giddy if ephemeral sense of demand that has a long...
Global sales of handsets in the first quarter jumped 13.6% from the year-ago quarter, reaching 294 million units, according to a recent report from Gartner. Nokia Corp., Samsung Electronics Co. Ltd. and LG Electronics Co. accounted for most of that surge, with LG propelling...
Editor's Note: Welcome to our weekly feature, Yay or Nay. Every week we'll review a new wireless application or service from the user's point of view, with the goal of highlighting what works and what doesn't. If you wish to submit your application or...
Last year around this time Apple Inc.'s iPhone had yet to be unleashed on the public. AT&T Mobility, which was set to be the exclusive carrier for the device, was cautiously optimistic that the iPhone would be a home run for the carrier, while...
Maybe John McCain should take up singingMore than 78 million text messages were sent to vote for the winner of this year's American Idol show, shattering the previous record of 64.5 million, according to AT&T. The carrier has been providing text-message voting since season...
The buzz is inescapable. Next week, Apple Inc. CEO Steve Jobs is expected to announce the next iteration of the company's iPhone at Apple's annual developer conference.In the run-up to the purported announcement, several issues have been bandied about by the global media, which...
Is the wireless industry in a class-action lawsuit feeding frenzy right now or does it just feel like it? We want to sue too: first we're going to sue all the companies that use Starbuck's references in their examples. We're no longer interested. We'd...
