ELECTRONICS

RadioShack profit misses estimates

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RadioShack Corp's quarterly profit missed estimates by one cent on weak demand for its converter boxes, laptop computers and wireless accessories.
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Apple's iPhone making iPod obsolete

Apple on Monday reported better-than-expected profits and sales which smashed Wall Street's forecasts, lifted by record quarter sales of iPhones and Macs.
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Belgacom, RBS sign mobile money transfer deal

Belgian phone operator Belgacom's international carrier business said on Thursday it had signed a preliminary deal with Royal Bank of Scotland (RBS) to enhance its system which enables mobile phone customers to transfer money from one mobile phone to another.
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AT&T may lose Apple iPhone's exclusivity, CEO says

AT&T may lose its exclusive deal with Apple for iPhone, which lifted its third-quarter profit with 3.2 million activations over the period, AT&T Mobility CEO intimated on Thursday during a conference call with analysts.
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Motorola Droid announces its debut date

Verizon and Motorola launched their Droid Does campaign recently which caused a stir, and they are expected to announce details of the new Motorola Droid on October 28.
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Microsoft results top expectations, shares jump

Microsoft Corp's results smashed Wall Street expectations on Friday, sending its shares up 7 percent, as the PC market improved and sales of its Windows software and Halo video game were stronger than expected.
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Honeywell profit drops but tops Street view

Diversified U.S. manufacturer Honeywell International Inc posted a 15 percent profit drop that was far less severe than analysts had forecast, saying that cost-cutting had protected its margins.
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Honeywell profit tops Street view, shares up

Diversified U.S. manufacturer Honeywell International Inc posted a 15 percent profit drop that was far less severe than analysts had forecast, sending its shares higher in light premarket trading.
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Nokia sues Apple for patent infringement

Top global cellphone maker Nokia Oyj on Thursday charged Apple Inc with infringing Nokia patents, accusing the iPhone maker of trying to hitch a free-ride on Nokia's technology investments.
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Long lines as Microsoft opens retail store

The idea that hundreds of people would line up outside anything to do with Microsoft would have been far-fetched only a few years ago -- but on Thursday that's what happened when the software giant opened its first retail store in Scottsdale, Arizona.
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Tech Round Up: Windows 7 Launches, Microsoft opens first store, Nokia sues Apple

Microsoft Corp. formally unveiled Thursday its newest operating system, Windows 7, as the software giant hopes to breath new life into its Operating System product line. Steve Ballmer said the product was a result of an intense collaboration between Microsoft and its partners - 50,000 software, hardware, and peripheral vendors, as well as 8 million beta testers.
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FCC commissioners support open Internet rule

U.S. communications regulators voted unanimously to support an open Internet rule that would prevent telecom network operators from barring or blocking content based on the revenue it generated.
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FCC staff recommends open Internet rule

Staff at the Federal Communications Commission on Thursday recommended establishing an open Internet rule aimed at restricting network operators from favoring some content over others along landlines and wireless platforms.
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Dow Chemical quarterly net spikes, shares up

Dow Chemical Co posted a 66 percent jump in third-quarter earnings on Thursday to beat Wall Street's expectations, but it warned it does not expect market improvements next year.
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Dow Chemical net spikes, but sales drop

Dow Chemical Co said on Thursday its third-quarter net income jumped 66 percent to beat Wall Street's expectations due to asset sales and cost cuts, but revenue fell as consumers curtailed spending.
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AT&T results top estimates with iPhone help

AT&T Inc reported stronger-than-expected third quarter profit as the glitzy iPhone and low budget Tracfone service combined to attract a record number of wireless customers.

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