Wireless in the fourth quarter of 2009

How did the wireless industry perform in the fourth quarter? Check here throughout the fourth quarter earnings report season for full earnings reports from the wireless industry's carriers, handset makers, equipment suppliers and others.

And make sure to check these summaries of U.S. carriers' performance in the fourth quarter and the world's handset makers' performance in the fourth quarter.

 


 

Jan. 22
Sony Ericsson
Sony Ericsson posted a narrower loss than last year but was not able to break free from its chain of six consecutive quarterly losses.
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Jan. 25
Ericsson
Ericsson said it would cut 1,500 jobs as part of its broad restructuring plan. In addition, the vendor's profit plunged 92 percent in the fourth quarter, hit by higher restructuring costs and weaker sales.
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Apple
Apple reported its highest quarterly revenue and profit ever in its fiscal first quarter, and the company doubled sales of its popular iPhone, creating strong momentum ahead of the rumored unveiling of a new tablet device later this week.
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--Chart of iPhone sales
--iPad announcement
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Jan. 26
Verizon
Verizon Wireless benefited from the strong momentum surrounding the Motorola Droid and other smartphones during the fourth quarter holiday buying season. The company reported quarterly revenues of $15.7 billion, up 22.5 percent from $12.8 billion in the year-ago quarter. In addition, the company added 2.2 million net new wireless subscribers, handily surpassing market expectations.
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--More Verizon news

Jan. 27
LG
LG Electronics shipped more handsets in the fourth quarter than in previous quarters, but the firm's handset profit margin dropped sharply due to rising marketing expenses and a drop in average selling price. Nevertheless, the world's No. 3 handset maker reiterated its targets for 2010; the company said it expects its handset division to grow by 19 percent with shipments of 140 million units this year.
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Qualcomm
Qualcomm's stock tumbled more than 9 percent, to $43.81 per share, in after-hours trading after the company reduced its fiscal year revenue expectations due to what it said was tightened competition and economic struggles in Europe and Japan.
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Jan. 28
Motorola
Motorola reiterated its hopes for a turnaround pinned on the back of Google's Android smartphone platform, but the company's drooping handset sales and market share in the fourth quarter offered another reminder that the firm has not yet hit its stride.
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AT&T
Verizon Wireless' aggressive holiday ad campaign slamming the quality of AT&T Mobility's 3G network didn't stop customers from signing up for AT&T wireless service. The carrier rounded up 2.7 million net new wireless subscribers during the fourth quarter--the second highest quarterly gain in the company's history.
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Nokia
Nokia reported stronger-than-expected results for the fourth quarter with gains in both global and smartphone market share, regaining some of the swagger it lost following a dismal third quarter.
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--Conference call transcript
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Jan. 29
Samsung
Samsung Electronics bounced back from a year-ago loss partially due to a sharp uptick in handset shipments in the fourth quarter, a rising tide that aided many of the rest of the firm's rivals in the mobile phone market.
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Feb. 10
Sprint
Sprint Nextel, battered by a string of quarterly subscriber losses, did not manage to return to overall subscriber growth in the fourth quarter--but the carrier did substantially slow the rate of its losses.
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Feb. 11
Alcatel-Lucent
Alcatel-Lucent reported a net profit in the fourth quarter, propelling it past its goal of being near break-even for 2009. However,  the company cut its forecast for 2010, citing increased competitive pressure.
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Feb. 24
Clearwire
Clearwire's aggressive WiMAX deployment schedule paid off. During the fourth quarter, the company added 87,000 net new subscribers, bringing its total subscriber base to 688,000. The number of quarterly net adds is the largest in the company's history.
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--Conference call transcript
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--More Clearwire news

Feb. 25
Deutsche Telekom (T-Mobile USA's parent company)
T-Mobile USA charged back to subscriber growth in the fourth quarter after a net subscriber loss in the previous quarter, but the carrier's future remains an open question. The operator's parent company, Deutsche Telekom, said it is still evaluating its options, including a potential initial public offering.
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MetroPCS
MetroPCS surged back in the fourth quarter as its profit doubled and its subscriber growth returned after a shaky third quarter. The carrier posted net profit of $33.1 million, up from $14.6 million in the year-ago quarter (the year-ago quarter included a $10.8 million writedown).
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Leap Wireless
Leap Wireless reported a wider-than-expected loss in the fourth quarter, but saw subscriber growth pick up compared with the third quarter. The company said it is confident that it will see improved long-term performance because of lower churn in its newer markets, refreshed plans, lower unemployment levels among its customers base and--perhaps most interestingly--interest in its new smartphones. Without divulging many details, the flat-rate carrier said it plans to launch later this year a BlackBerry device from Research In Motion as well as a smartphone running Google's Android platform.
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--Current stock information
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