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Company News & Earnings

Latest Headlines

Latest Headlines

BlackBerry investors grill CEO about weakness in U.S. market

BlackBerry investors are very unhappy with the company's performance in the U.S. market and are looking for answers as to how the company plans to overcome its current challenges. During the firm's annual investor conference, shareholders questioned CEO Thorsten Heins about its difficulty penetrating the U.S. market with its new BlackBerry 10 OS. According to reports, one investor even called the U.S. launch of BlackBerry 10 "a disaster."

U.S. Cellular, Shentel expand LTE footprint in Q1

Tier 2 and Tier 3 operators such as U.S. Cellular (NYSE:USM), Shenandoah Telecommunications and Alaska Communications revealed the latest expansions to their LTE footprints during first quarter earnings calls. These small operators are in a rush to expand LTE coverage to keep up with their Tier 1 counterparts.

Alcatel-Lucent's new CEO faces cash flow challenge

Restructuring costs and a wait for payments on commercial contracts slammed Alcatel-Lucent's cash flow figure, as the company burned through $694 million in cash during 2013's first quarter, worsening the year-earlier free cash flow loss of nearly $211 million.

Ericsson shines in North America, but restructuring nails earnings

Despite a 2 percent year-over-year uptick in sales, the impact of restructuring led Ericsson's first-quarter 2013 income to plummet 86 percent from the prior-year period to $181.43 million.

Sequans' fourth-quarter loss spirals to $9.9M

Sequans Communications expects its LTE business to pick up during the second half of 2013, but the chipmaker is still struggling to make up for decreased revenues from plummeting sales of WiMAX products.

Time Warner: We'll more than double our Wi-Fi hotspots

Wi-Fi hotspots appear to have become an ingredient in churn reduction for Time Warner Cable, and the company is doubling down its Wi-Fi bet this year, with a particular focus on deploying more hotspots in New York City.

Apple sells 47.8M iPhones, 22.9M iPads, misses analyst estimates

Apple reported selling a record 47.8 million iPhones in its fiscal 2013 first quarter, compared to 37 million in the year-ago quarter. Apple also sold a record 22.9 million iPads during the quarter, compared to 15.4 million in the year-ago quarter. 

ZTE's full-year loss may reach $460M

ZTE issued an earnings warning for 2012, saying it may lose $400 million to $460 million for the full year, a reversal of 221 percent to 241 percent from 2011's results.

Huawei: IPO possible, sales may top Ericsson's

Huawei would consider an IPO, said a company executive in announcing the company's 2012 results, which included a 33 percent increase in net profit and sales that could exceed those of long-time market leader Ericsson.

Leap: Advanced smartphones prompting business model changes

No-contract carrier Leap Wireless is taking a hard look at its basic business model--from service activation to device financing--as it works to better accommodate customer adoption of more sophisticated smartphones, according to Doug Hutcheson, president and CEO.