Nokia Turns To North America To Bolster Market Share

Last Thursday Nokia (NYSE:NOK), the world’s leading mobile phone vendor with annual revenue of €50.7 billion, reported declines in its sales, profits, margins, and market share in its second quarter results. The company also cut its 2009 outlook for market share as it faces tough competition in the high-end smartphone sector from Apple, RIM and recently Palm with its innovative release, Palm Pre. However, one bright spot is the change in Nokia’s strategy towards the North American market. Let’s take a closer look. >>>

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Google Steps Up Efforts To Go Beyond Search

Google’s Q2 results, announced yesterday, exceeded expectations but failed to bring much cheer to the online ad market. Revenues of $5.52 billion grew a meager 3% over the year but did exceed the market’s expected $5.49 billion. EPS of $5.36 also surpassed the expected $5.09. >>>

Mobile Processors Increasingly Important For Intel

Yesterday, Intel Corporation (NASDAQ:INTC), the world’s largest chip maker with annual revenue of $37.6 billion, reported better-than-expected second quarter results, raising hopes that the PC industry is on its way to recovery. It also provided a forecast that topped estimates. Let’s take a closer look. >>>

3Com: Huawei Sales Down, But Major Wins Outside China

Yesterday in its fourth quarter results, 3Com (NASDAQ:COMS), a top networking player, reported that it swung to profit and beat estimates, but with the continued decline in sales to its former partner Huawei, the company’s first quarter forecast missed estimates. Let’s take a closer look. >>>

Promising New Products At LeapFrog

LeapFrog (NASDAQ:LF) continued to struggle with the recessionary pressures. The recently announced Q1 performance resulted in a loss while revenues nearly halved over the year. The worldwide edutainment market is still growing rapidly — according to InStat, it was $2.1 billion in 2006 and is expected to be $7.3 billion in 2011 — but as for so many markets, people are cutting spending on toys and other products for children. Perhaps My Pal Scout, the company’s new customizable talking plush puppy, will help boost revenues >>>

Motorola Pins Its Hopes On The Android

According to a recent Gartner release, worldwide mobile phone sales declined 8.6% while smartphones grew 12.7% in the first quarter. Motorola (NYSE:MOT) continued to lose market share but managed to move up to the No.4 position, mainly because Sony Ericsson lost market share. Motorola hopes to revive its product line with Android phones in the fourth quarter. Will this move be enough to strengthen its position in the industry, especially since Samsung, LG, HTC, and Sony Ericsson are also launching Android phones? Let’s take a closer look. >>>

Accenture Betting On Health IT, Smart Grids

Accenture (NASDAQ:ACN) turned in another subdued performance in the recently announced Q3 results. Even though their results were better than the Street’s expectations, both revenues and margins fell over the year. >>>

Memory Market Weak, But Handsets A Bright Spot

The memory downturn continues as a result of weak demand, oversupply, and price wars, with many memory vendors struggling with losses. Leading chipmaker Micron Technology Inc. (NYSE:MU) recently reported its tenth straight quarterly loss. Even the semiconductor sector looked gloomy as National Semiconductor (NYSE:NSM) reported its first loss in six years. Let’s take a closer look. >>>

Optical Component Makers Struggling

With telecom operators slowing purchases, depleting inventories and reducing IT spending, optical component providers JDS Uniphase (NASDAQ:JDSU) and Finisar (NASDAQ:FNSR) are having a tough time. Let’s take a closer look. >>>

Paychex Should Follow In Intuit’s Footsteps

Last week, the leading payroll processing company, Paychex (NASDAQ:PAYX) reported fourth quarter and fiscal year 2009 results that missed analyst estimates as the weak economy and rising unemployment — according to the most recent report from the Bureau of Labor Statistics, new unemployment claims were higher than expected — finally take a toll. Let’s take a closer look. >>>