Amazon revealed how much it is losing on its Fire smartphone: at least $170 million to date.
América Móvil once again had to quiet speculation that it is interested in acquiring T-Mobile US. Just as the company was forced to do in the second quarter, the Mexican-based telecoms giant addressed rumors of a deal on its quarterly conference call; CEO Daniel Hajj said the company is not in talks with T-Mobile.
Microsoft reported a jump in smartphone sales for the third quarter and also confirmed it will put its own brand name in place of the Nokia brand on its Lumia Windows Phone smartphones going forward.
Ericsson reported third-quarter sales that beat analysts' expectations, but falling revenue in the North American market cast concerns over the vendor's forthcoming fourth-quarter results. North America is the company's largest region by revenue and carrier spending in the market has traditionally been a growth driver for Ericsson--but that could be starting to shift.
Nokia reported growing sales in the third quarter, thanks in part to booming business in its Network unit, which was driven by a strong performance in North America. The company reported its first year-over-year growth in quarterly revenue since the first quarter of 2011.
AT&T Mobility reported fewer postpaid subscriber additions in the third quarter than analysts had expected. Still, the carrier reported strong data revenue growth and said that customers buying smartphones via its Next handset upgrade plan accounted for half of all smartphone sales in the quarter.
Yahoo is starting to generate money from its mobile business after years of lagging behind larger competitors like Google and Facebook. However, the company still has a ways to go before it can claim significant success in mobile advertising and apps.
Verizon Wireless added more postpaid subscribers in the third quarter than financial analysts had expected, and the growth was again largely driven by tablet activations, not phones. Just as it did in the second quarter, in the third quarter Verizon relied heavily on tablet activations for the vast majority of its subscriber additions.
Chipset giant Intel reported just $1 million in revenue in its mobile and wireless business in the third quarter, thanks in large part to the subsidies it is paying tablet makers to include its silicon in their products. However, Intel executives indicated better days are ahead for the mobile business as the company works to move into lower-cost smartphones starting later this year. Meanwhile, Intel announced a deal with AT&T Mobility and Asustek for AT&T to launch an Intel-powered smartphone.
T-Mobile US is likely going to report very strong third-quarter results--and will continue its momentum through the fourth quarter thanks to the launch of Apple's iPhone 6 and 6 Plus, according to financial analysts.