Webwire: Nokia loses out to RIM; Apple investors unhappy

RIM replaces Nokia in top five
Nokia has fallen out of the list of top five smartphone vendors, being replaced by fellow struggler RIM.
The Telegraph

Apple disappoints despite growth
Growing profit, revenue and iPhone shipments in 3Q12 failed to lift Apple investor’s spirits, increasing the pressure on the firm to enjoy a bumper 4Q.
Wall Street Journal

Facebook ‘owner’ arrested
Paul Ceglia, the man who claims Mark Zuckerberg agreed to grant him a 50% stake in social network Facebook, has been arrested on fraud charges relating to his claim.
New York Times

Samsung apology turned Apple propaganda
Apple last week complied with a UK court order to issue a public apology to Samsung over an IP infringement claim, but used the advert to point out that other global courts have backed it in fights over the same patent.
The Telegraph

Lower loss lifts Amazon
Amazon’s share price enjoyed its biggest rise in three months after it reported a lower-than-expected operating loss of $28 million (€21.6 million) in the third quarter. Analysts predicted a $42.1 million loss.
Bloomberg

Analyst fired for Facebook leak
Banking firm Citigroup sacked one of its best-known tech stock analysts on Friday. Mark Mahaney is accused of failing to control a junior analyst, who passed details of Facebook research to news site TechCrunch, and of speaking to a journalist without authorization.
Reuters

 

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