Motorola posts unexpected 2Q profit and sells more phonesJuly 30th, 2009 Motorola posts unexpected 2Q profitNEW YORK — Helped by deep cost cuts, Motorola Inc. on Thursday posted an unexpected profit for the second quarter after several quarters of losses, and said it expected things to keep improving this year.
Seagate sees signs of improvement in data storage but posts 4th-quarter loss of $81 millionJuly 21st, 2009 Seagate posts 4Q loss on lower sales, big chargesSCOTTS VALLEY, Calif. — Hard drive maker Seagate Technology on Tuesday reported a fiscal fourth-quarter loss, reversing a year-ago profit, but said it is seeing signs of improvement in the data storage market and lifted its revenue outlook for the first quarter.
Sweden's Ericsson posts 35 percent drop in 1Q profit amid higher restructuring chargesApril 30th, 2009 Ericsson posts 35 percent drop in 1Q profitSTOCKHOLM — Wireless equipment maker LM Ericsson on Thursday reported a 35 percent fall in first-quarter net profit due to weak results from its handset unit Sony Ericsson and higher restructuring costs. The Stockholm-based company said net profit in the quarter was 1.7 billion kronor ($210 million) compared with 2.6 billion kronor in the same period a year ago.
Motorola 1Q loss widens, but beats Street; regains position as No. 4 cell-phone makerApril 30th, 2009 Motorola 1Q loss widens, but beats StreetNEW YORK — Motorola Inc. defeated low expectations Thursday, posting a smaller first-quarter loss than Wall Street had expected and regained its position as the world's fourth-largest maker of cell phones.
Toshiba books $614 million loss in first quarter, 5 times worse than year earlier periodJuly 29th, 2009 Toshiba quarterly loss swells to $614 millionTOKYO — Toshiba's red ink swelled to 57.8 billion yen ($614 million) in the April-June quarter, hit by losses on asset sales and weakness at its consumer electronics and chipmaking businesses. The loss for the fiscal first quarter was five times bigger than a year earlier when the Japanese conglomerate, which makes everything from nuclear power plants to household electronics, recorded a 11.6 billion yen loss.
Motorola shares up as Verizon Wireless launches ad campaign for new phoneOctober 19th, 2009 Motorola shares up as Verizon launches adNEW YORK — Shares of Motorola Inc. surged Monday as Verizon Wireless launched an aggressive ad campaign to promote a new Motorola phone.
Motorola loss widens, but beats Street; analysts see worrisome signsApril 30th, 2009 Motorola loss widens; analysts see worrisome signsNEW YORK — Motorola Inc. defeated low expectations Thursday, posting a smaller first-quarter loss than Wall Street had expected and regaining its position as the world's fourth-largest maker of cell phones.
Samsung says 2nd-quarter net profit rose 5.2 percent over last year's, sales riseJuly 24th, 2009 Samsung says quarter-2 net profit rose 5.2 percentSEOUL, South Korea — Samsung Electronics says second-quarter net profit rose 5.2 percent from the same period last year as sales rose. Samsung Electronics Co.
T-Mobile to start selling Motorola's first Android phone on Oct. 19September 30th, 2009 T-Mobile to sell Motorola Android phone Oct. 19NEW YORK — T-Mobile USA plans to start selling the first phone from Motorola that uses Google's software on Oct.
Motorola shows off company's first phone using Google's Android operating systemSeptember 10th, 2009 Motorola shows off its first Google Android phoneSAN FRANCISCO — Struggling handset maker Motorola has unveiled its first phone using Android. It is banking on Google's free operating system to power features and applications that will attract consumers looking to use their phones to connect with their friends, family and colleagues.
Ericsson sees profits fall 61 pct in second quarterJuly 24th, 2009 Ericsson profits fall 61 pct in second quarterSTOCKHOLM — Swedish wireless equipment maker LM Ericsson AB on Friday said its second-quarter profits plunged 61 percent partly because of restructuring charges and losses in its mobile phone unit, Sony Ericsson. Ericsson said net profit in the April-June period was 800 million kronor ($106 million), down from 2 billion kronor in the same three months last year.
Sony's net profit down 94.8 percent in October-December periodJanuary 28th, 2009 TOKYO - Sony Corp Thursday reported its net profit plunged 94.8 percent in the October-to-December quarter to 10.4 billion yen ($116.37 million) because of a strong yen and dwindling demand for electronics. The earnings compared with a 200.2 billion yen net profit from the same quarter a year earlier.
Nokia reports pre-tax loss for first quarterApril 16th, 2009 HELSINKI - Citing an 'exceptionally tough environment', Nokia, the world's largest maker of mobile phones, Thursday reported lower sales and a sharp drop in operating profit for the first quarter of 2009. The Finland-based company posted a pre-tax loss of 12 million euros ($15.8 million), compared to a pre-tax profit of 1.6 billion euros for the corresponding business period in 2008.
GameStop profit falls 32 percent on fewer hit video game titles; full-year outlook cutAugust 20th, 2009 GameStop posts disappointing profit, cuts outlookGRAPEVINE, Texas — GameStop Corp., the world's largest video game and entertainments software retailer, posted disappointing fiscal second-quarter results on Thursday and lowered its full-year earnings forecast, citing fewer hit video games and cautious consumers. Shares tumbled in morning trading.
Motorola co-CEOs talk about what will trigger the spin-off of cell phone division, preparationJuly 30th, 2009 On the Call:Motorola co-CEOs Sanjay Jha,Greg BrownMotorola Inc. last year said it would separate its ailing cell phone division from its other businesses, which make things like police radios and cable set-top boxes.
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