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Nokia, Motorola boast rising smartphone sales

New models from Nokia and Motorola Inc helped them recapture market share in the lucrative smartphone sector, lifting both firms' results above expectations for the fourth quarter.

Nokia Q4 above forecasts

Top mobile phone maker Nokia reported stronger than expected fourth-quarter sales and profits powered by improving market share in smartphones, sending its shares more than 10 percent higher.

Nintendo Q3 profit down 23 pct

Nintendo Co Ltd posted a 23 percent fall in quarterly profit as software sales for its DS handheld game player slowed and it cut the price of its Wii console, keeping its forecast for the first annual profit decline in four years.

Nintendo 9-mth profit down 41 pct, keeps outlook

Nintendo Co Ltd posted a 41 percent fall in nine-month profit as sales of its DS handheld game player slowed and it cut the price of its Wii console, and the company kept a forecast for a first annual profit slide in four years.

More news

Apple unveils $499 iPad, bets on new device class

Apple Inc CEO Steve Jobs took the wraps off the highly anticipated iPad tablet and pitched it at a surprisingly low price, aiming to bridge the gap between smartphones and laptops.

Apple unveils iPad, bets on new devices class

Apple Inc CEO Steve Jobs took the wraps off the iPad tablet on Wednesday, making a big bet on a new breed of gadgets that aim to bridge the gap between smartphones and laptops.

Apple unveils iPad tablet device

Apple Inc Chief Executive Steve Jobs took the wraps off the iPad tablet on Wednesday, looking to define a new category of wireless device that will play video, games and all sorts of other media.

Apple iPad Hardware Announced: 10 hour battery life, Wi,Fi, but No 3G

Apple Inc. CEO, Steve Jobs, unveiled the highly-anticipated Apple iPad on Wednesday which is a Wi-Fi only device, contrary to precious speculation.

Apple's iPad is just like a big iPod Touch

Speaking at an Apple event in San Francisco on Wednesday, Apple CEO Steve Jobs unveiled the widely anticipated Apple tablet, or as it's formally known, the iPad.

Apple prepares big bet on tablet computing

Apple Inc's Chief Executive Steve Jobs is expected to make a big bet on Wednesday that he can sell consumers on the value of tablet computing, looking to define an new category of devices.

Apple announces 'iPad'

Breaking years of speculation, Apple unveiled a tablet computer in San Francisco Wednesday, arguably the company's most anticipated product ever.

Stock futures point to mixed Wall Street opening

Stock index futures pointed to a mixed opening on Wall Street on Wednesday, following declines in Europe and Asia, with some caution expected ahead of the Federal Reserve interest rate decision later in the day.

Apple tablet can't save print on its own: analysts

Publishers have high hopes that Apple Inc's highly anticipated tablet computer will attract new readers and boost revenue, but few expect that it will by itself reverse the fortunes of a beleaguered industry.

Buzz builds for Apple's tablet launch

Few events can steal the thunder from an Apple Inc quarterly earnings day -- an Apple product launch is one of them.

Despite problems, Apple confident in AT&T

Despite complaints by customers, Apple is standing by AT&T, the exclusive carrier for its iPhone smartphone in the US.

Apple shares jump on results, tablet hype

Apple Inc's strong quarterly results and mounting excitement over its product launch on Wednesday pushed shares of the iPhone maker sharply higher on Tuesday.

Apple stock continues to soar; DB price target at $250

Apple shares were up on Tuesday, a day after the electronics maker reported its latest quarterly results.

Apple's Mac sales shine, iPhone lags Street view

Apple Inc posted better-than-forecast Mac sales and strong growth in Asia and Europe, but iPhone shipments came in just below Wall Street's somewhat heightened expectations.

Verizon sees delayed rebound, to cut more jobs

Verizon Communications Inc said it is facing a slower-than-expected economic recovery and plans to cut 6 percent of its workforce, adding that it forecasts only a modest rebound in late 2010.

Google works around Apple's restriction over Google Voice

Google announced Tuesday a revised mobile Web site for its Voice application that makes it easier to be used on Apple's iPhone, just months after Apple rejected Google's original submission to its App Store.

Verizon mobile subs strong but wireline disappoints

Verizon Communications Inc reported stronger-than-expected mobile customer growth thanks to wholesale partners like America Movil's Tracfone, but its fixed-line business disappointed investors.

Google releases new Google Voice for iPhone

Google Inc unveiled a new version of its Internet phone service on Tuesday in its latest effort to bypass Apple Inc's gatekeepers and make Google Voice a popular service on the iPhone.

Stock futures point to lower open on Wall Street

Stock index futures pointed to a lower opening on Wall Street on Wednesday, following declines in Asia after China implemented an increase in higher reserve requirements for some lenders.

Apple Q1 profit surges to $3.38B

Apple Inc. reported on Monday a net profit of $3.38 billion for the quarter ended on Dec. 26, or $3.67 a share, from $2.26 billion in the first quarter of 2009, or $2.50 a share and its sales rose to $15.7 billion.

Apple posts record Mac sales, iPhone lackluster

Apple Inc reported record sales of Mac computers and stronger-than-expected gross margins, but iPhone sales were slightly below some of Wall Street's most bullish forecasts.

Apple reports 50% jump in profit in Q1 on strong iPhone sales

Apple Inc. on Monday reported its strongest quarter ever in revenue and net income for the first quarter of 2010, on the back of strong sales of its iPhone and Mac computers.