Apple reported yet another stellar quarter this week driven by the momentum of its iPhone which was recently released on the Verizon network. It recently released its iPad 2 and sold every piece it made. Steve Jobs is on medical leave but the company’s products have gathered such good momentum that he is not needed to sustain it.
Research in Motion (RIM) (NASDAQ:RIMM) last week reported strong third quarter results that beat all estimates. On the other hand, research firms and analysts have been reporting on dismal performance of its BlackBerry phones compared to that of Apple’s iPhone and Google’s Android phones. Let’s dig deeper. Read the full article »
Last month, Nokia (NYSE:NOK) hired its new CEO, Stephen Elop. Former president of Microsoft’s Business Division, Elop is Nokia’s first non-Finnish and North American CEO. Last week Nokia, under the leadership of its new CEO, reported a higher than expected profit and announced plans to restructure its smartphone business by cutting 1,800 jobs. Let’s take a closer look. Read the full article »
Intel (NASDAQ:INTC), the largest semiconductor company with annual revenue of $35.1 billion, just reported a strong third quarter with record sales that exceeded $11 billion for the first time in its history. These results follow an action-filled quarter in which Intel acquired two large companies, security software maker McAfee for $7.68 billion and the wireless business of Infineon for $1.4 billion. Let’s take a closer look. Read the full article »
Micron (NYSE:MU), the largest U.S. DRAM maker, reached a 10-year patent cross-licensing deal with Samsung. Micron this week also reported lower-than-expected sales for the fourth quarter but swung to a profit for the fourth straight quarter. Read the full article »
Early in the year, we saw that Garmin (NASDAQ:GRMN), which is known for its personal navigation devices (PND), was looking to launch more smartphones even after disappointing sales of its nüvifone. Now it is finally correcting its flawed strategy and looking to exit its smartphone business. Let’s take a closer look.
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With the growing popularity of smartphones like the iPhone, the number of smartphones users is multiplying at an astonishing rate, and so is the demand for bandwidth to access applications, data, and videos online. We recently saw how this trend benefited the optical networking industry. Another industry benefiting from the build out of telecommunications infrastructure is the programmable logic device (PLD) market. Let’s take a closer look. Read the full article »
The upcoming end of iPhone exclusivity on the AT&T network is bound to change the equation in the carrier industry. According to Shaw Wu with Kaufman Bros., details are being worked out for a Verizon iPhone and that it would be “premature” to rule out T-Mobile and Sprint. In an earlier note, Wu said that T-Mobile USA is the most likely candidate given that it uses similar cellular technology as AT&T. Also, T-Mobile needs the iPhone more than Verizon does, but it seems that Apple needs Verizon more than any other carrier. Let’s take a closer look. Read the full article »
