We knew it would get worse before it starts to get better, but the first-quarter results that deluged the industry this week pretty much confirmed earlier warnings from industry-leaders such as Nokia and Samsung that the handset market could contract by 10% or more this year. The worst of the pain should already be over, though, with [...]
Analyst Archive
This week, Apple and AT&T each released results for Q1 2009. Naturally enough, both were keen to talk up the continued vigorous growth in sales of iPhones. AT&T has the exclusive rights to sell the iPhone in the US and sold more than 1.6 million units to customers during Q1. Overall, Apple shipped nearly 3.8 million units over [...]
It says something about the robustness of Nokia that, when the Finnish company unveiled a 90%-plus dip in profits for the first quarter of 2009, shareholders and analysts alike all breathed a collective sigh of relief that the results hadn’t been worse. Plus, with CEO Olli-Pekka Kallasvuo expecting that the next quarter will see a stabilisation [...]
Nortel Networks, the Canada-based centenarian telecoms infrastructure provider currently restructuring under bankruptcy protection, faces an ignominious end as rivals queue up to buy select parts of the terminally ill company. The Wall Street Journal reports that Nokia Siemens Networks (NSN) has tabled an offer to buy selected assets that include the still-healthy carrier networks business [...]
Canada-based smartphone-maker Research In Motion (RIM) has unveiled its fourth quarter and year-end results for fiscal 2008 (year ending February 28, 2009), wherein it has achieved a much better than expected performance in terms of revenue and customer growth. The earlier news from semiconductor maker Texas Instruments that demand for components is beginning to recover has prompted a [...]
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