It's all about context. With investors apparently expecting dark news from the infrastructure sector, L.M. Ericsson's stock shot up more than 12% today after the company reported a 5% gain in revenue, a 55% drop in net income and an erosion in gross margins.Add...
Motorola Inc. continued to lose traction in the handset market as first-quarter revenue was down nearly 40%, its operating losses nearly doubled and handset shipments were down drastically over the year-ago quarter.Wall Street hammered the company's stock, sending it down nearly 5% today to...
Sony Ericsson Mobile Communications said it lost a point of market share in the first quarter, following a warning it gave last month.The Japanese-Swedish JV reported a year-on-year increase of only 2% in the number of handsets shipped (22.3 million), despite what one analyst...
Sony Corp. of America said it will pay roughly $260 million for Gracenote, a music metadata and technology firm. Gracenote's database of artists, songs and lyrics is used by online music services such as iTunes, Yahoo Music Jukebox and Winamp; the Emeryville, Calif.-based company...
Nokia Corp. bulked up its music offerings, inking a deal with Sony BMG and adding two new handsets to its XpressMusic line.The Finnish company said Sony BMG has joined its Comes With Music offering, a program that packages one year's access to full tracks...
The market for Long Term Evolution technology took another step forward last week as seven infrastructure heavyweights announced a framework for licensing the rights to the next-generation wireless standard.Alcatel-Lucent, L.M. Ericsson, NEC Corp., NextWave Wireless Inc., Nokia Corp., Nokia Siemens Networks and Sony Ericsson...
Nokia Corp. posted strong results for the typically tepid first quarter, but its stock dipped 14% in midday trading after the company said that the handset market's overall value, in Euro terms, would decline from last year.Nokia reported revenue of $20.2 billion in the...
LG Electronics Co. Ltd. shipped 24.4 million handsets in the first quarter, above analysts' estimates of 23 million to 24 million units.Handset sales reached $3.2 billion, up nearly 36% over the year-ago quarter, while the division's operating profit reached $448 million, a four-fold jump...
The market for LTE technology took another step forward today as seven infrastructure heavyweights announced a framework for licensing the rights to the next-generation wireless standard. Alcatel-Lucent, L.M. Ericsson, NEC Corp., NextWave Wireless Inc., Nokia Corp., Nokia Siemens Networks and Sony Ericsson Mobile Communications...
OK, Mark Twain's "mysterious stranger" was actually Satan's nephew, and we're certainly not deriding the devilish Steve Jobs or his wonderful company - but the theme of unwanted intrusion is apt.That is, if you consider the perspective of incumbent handset vendors and all network...
You might be surprised at how much mutual strategy a carrier and handset vendor can pack into a single device. Consider the Z750a by Sony Ericsson Mobile Communications for AT&T Mobility.For Sony Ericsson Mobile Communications' GSM-only posture, the narrow path to most American consumers...
CTIA's Wireless 2008 conference and exhibition touched on all things wireless, from new handset launches to the industry's ongoing technology arguments. RCR Wireless News Online Editor Mike Dano covers the biggest news of each day at the show.
CTIA's John Walls explains the...
As the wireless industry gears up for the nation's biggest wireless show, CTIA's John Walls discusses the trade group's objectives for this year and beyond. ; CTIA's John Walls and the issues facing wireless; And in other news,...
Sony Pictures Television will broadcast movies on one of the two exclusive mobile TV channels that AT&T Mobility is gearing up to launch this summer using MediaFLO USA Inc.'s network. The studio announced that its channel, called PIX, will be available to AT&T Mobility...
LAS VEGAS -- As usual, the CTIA Wireless show stood as a launch pad for a variety of new devices coming onto the market in the coming months.
First up is the Samsung Instinct, which is the handset maker's latest response to Apple's iPhone. The...
AT&T Mobility hopes a new 30-inch touchscreen table will lead to more customers leaving its stores educated and satisfied with the entire shopping experience -- a little fun and simplicity wouldn't hurt either. The nation's largest carrier will be installing Microsoft Corp.'s Surface at...
During Wednesday's keynote address, industry titans from the infrastructure side of the market debated the status of 4G in wireless.
Vodafone's CEO Arun Sarin said the wireless industry should incorporate WiMAX technology into the LTE standard, so that industry players would be able to focus...
Add another voice to the growing chorus of conservative growth forecasts for global handset sales this year. IMS Research last week forecast less than 6% growth, near the low-end of recent estimates by various parties and in contrast to the 10% growth forecast by...
HOLLYWOOD, Calif. -- "Internet circa 1996," M:Metrics senior analyst Seamus McAteer said. "If I had to give it a score, it's a C-minus at best," said Steve Smith, managing director at Playboy TV International. "I think it's a complete miss, I'm going back to...
SAMSUNG ELECTRONICS CO. LTD. appears to be upping the ante in the U.S. cellphone market, where it is No. 2 - some distance behind Motorola Inc. and trailed closely by LG Electronics Co.While confident of its future here, Samsung sees the U.S. market's rate...
At the end of the day - the verbal pause du jour - a gathering of thousands of industry people bursting with innovative products, some of them handsets, will undoubtedly kick up a little dust in Las Vegas next week.Whether handset vendors are merely...
BURLINGAME, Calif. - The idea of wireless handsets and home consumer electronics being interconnected, seamlessly sharing content is one that would be a boom for many in the entertainment business, but rights and licensing issues remain a thorn that deflates the opportunity.At last week's...
NMS Communications Corp. subsidiary LiveWire Mobile is hoping to gain traction in a very slippery space: full-track mobile downloads.LiveWire, which was rolled out as a separate division in December, last week acquired Groove Mobile for $14.5 million - less than half the investment capital...
NMS Communications Corp. subsidiary LiveWire Mobile said it pocketed Groove Mobile for $14.5 million -- less than half the investment capital the startup had attracted in its six-year existence.LiveWire, which was rolled out as a separate division in December, targets carriers with personalization services...
