This week, the US Telecom industry’s leading providers, AT&T and Verizon, reported their results. Let’s take a closer look as these carriers’ performances are a telling indication of the health of the industry in the wake of the tough economic conditions. Read the full article »
Yesterday, Apple reported strong first quarter results that were driven by strong Mac sales and better-than-expected iPod sales. After IBM’s results this week, it is now Apple’s turn to beat analyst estimates and its guidance of last quarter. As usual, its outlook was short of analysts’ estimates. Read the full article »
An IDC report released last week said that the mobile phone market will slow down in 2009, with mobile phone volumes expected to decline 1.9% due to the global economic crisis. However, the converged device market is still expected to grow, although at a slower pace of 8.9% in 2009. IDC expects the handset market to recover by 2010, with the converged device market expected to return to 24% growth and mobile phones to about 5% growth. Let’s take a closer look. Read the full article »
The wireless race is heating up: AT&T acquired two companies in a week earlier this month, Verizon got the green light for its Alltel acquisition and T-Mobile launched the Android phone with Google. Let’s take a look at the recent performances of the major wireless carriers, AT&T, Verizon, Sprint and T-Mobile. Read the full article »
While Apple had a great quarter, Nokia lost market share and reported a disappointing quarter last week. The loss in market share follows its decision not to match aggressive pricing from its competitors at the cost of profitability. While market share slid to 38% from 40% last quarter and 39% last year, gross margin was 35.6%, up from 34.2% last year. Read the full article »
Word is going round that Samsung, a leading NAND manufacturer, is going to take over SanDisk. Due to its low valuation, SanDisk has been the object of acquisition speculation. Last month, there were rumors it was an acquisition target for Seagate. Read the full article »
My new Forbes column, Peeking Inside the iPhone is out. Have a look.
Apple (AAPL) reported a strong Q3 yesterday that again topped analyst estimates, but its forecast missed estimates. Along with activation and other service issues for the new 3G iPhone and concerns over Steve Jobs’ health, the weak forecast has led to shares falling 11% in after-hours trading to about $149. This is the first time Apple has looked sloppy. Read the full article »
