Quarterly Earnings

Palm Inc. said yesterday that it is operating in an “extremely tough climate” with “continued challenges in coming months” as it prepares to launch a next-generation platform dubbed Nova along …

Research In Motion Ltd. gave an upbeat report on holiday sales yesterday and said that the current quarter would set a company record for device shipments.RIM co-CEO Jim Balsillie said …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Handset and infrastructure vendors–RBC Capital Markets upgraded Alcatel-Lucent to sector perform …

Moody’s Investor Service downgraded Sprint Nextel Corp.’s un-secured debt rating to non-investment grade, or “junk,” according to a report from the Associated Press.The ratings agency announced Wednesday that it had …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier–Morgan Stanley resumed coverage of Sprint Nextel with an underweight rating …

Nokia Corp. executives told analysts and press today that holiday-quarter handset sales will likely fall short of the company’s last estimate, given less than three weeks ago. Even with its …

Research In Motion Ltd. said today that its fiscal third-quarter results would miss expectations, evidence that the BlackBerry maker, like others, has been swept up in the global economic downturn. …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier–JP Morgan resumed coverage on Clearwire following the close of its …

Glu Mobile Inc.’s woes continued as the wireless-game maker said it will slash an unspecified number of jobs as part of an effort to trim operating expenses by $13 million.Company …

Palm Inc. said yesterday that its revenue for its fiscal second quarter would reach the range of $190 million to $195 million, far below Thomson-Reuters estimates of $331 million. The …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier–Barclays Capital lowered its price target on Sprint Nextel to $5 …

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 downgraded Clearwire to sector perform from outperform and …

NORTEL NETWORKS CORP. FACES AN UPHILL CLIMB following a third quarter where the company reported losses of $3.4 billion and said it would cut thousands of jobs and say goodbye …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier–Credit Suisse First Boston lowered its price target on Leap Wireless …

The mobile virtual network operator market continues to proffer a mixed bag for those that continue to dabble in its murky waters. One of the segments stalwarts, Virgin Mobile USA …

Amid an economic downturn, Nortel Networks Corp. is cutting jobs and restructuring after posting $3.4 billion in losses for the third quarter.During a conference call, CEO Mike Zafirovski said the …

With the wireless industry’s nationwide players having posted third-quarter results, it appears that the market is quickly changing from a battle of the big 4 to a war between the …

Once again, Sprint Nextel Corp. has sent over a million of its customers running for the hills.The carrier reported that it lost 1.3 million customers during the third quarter. Of …

Financial news in just the past few weeks has led Qualcomm Inc. to forecast “meaningfully less” growth in CDMA-based handset markets for calendar year 2009. The chip and IP-licensing firm …

The third quarter was a rough one for T-Mobile USA Inc. The carrier posted the lowest number postpaid net additions – 293,000 – since its inception in 2001, according to …

U.S. Cellular Corp. reported losing a total of 18,000 customers during the third quarter, a significant turn-around from the gains it has enjoyed over the past several quarters.John E. Rooney, …

Shares of Glu Mobile Inc. continued to slide after the mobile game maker posted a $56.9 million quarterly loss.The San Mateo, Calif.-based publisher reported third quarter revenue of $23.9 million, …

MetroPCS Communications Inc. posted its full, third-quarter earnings report, along with news that it is now up and running in new Michigan markets. The carrier, which previously announced that it …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms.Carrier–Standard & Poor’s revised its outlook on BT Group PLC, a …

Despite some financial hiccups, Alltel Communications L.L.C. managed to acquire more than 1 million gross customer additions during the third quarter, a 28% increase from a year ago. The carrier …