Apple's stock downgraded on profit worries; HTC posts huge profit drop

Quick news from around the Web.

@FierceWireless: RT@CNETNews AT&T sheds directories, advertising business for $750 million. Article | [email protected]FierceWireless

> HTC posted its biggest profit drop in a decade. Article

> BTIG Research downgraded Apple's stock to neutral. Post (reg. req.)

> Even more executives have left Research In Motion. Article

> Sony will not attend the CTIA show in New Orleans. Article

> Sony reportedly plans to cut 10,000 jobs. Article

> Samsung is predicting a record first-quarter profit. Article

> Google's first branded tablet will reportedly launch in July. Article

> An LG executive said the company will rethink its smartphone efforts by making smartphones more intelligent. Article

> RingPlus will run an MVNO on Sprint Nextel's network. Article

> China said Australia's ban on Huawei is unjust. Article

Mobile Content News

> RIM said it won't support sideloaded Android apps on its PlayBook due to Android piracy "cesspool." Article

> Rockstar Games will bring its third-person shooter franchise Max Payne to Apple's iOS platform on April 12. Article

> AT&T introduced a free version of its data transfer app, Mobile Transfer, that is optimized for Microsoft's Windows Phone operating system. Article

> Microsoft is paying developers to write Windows Phone apps. Article

Broadband Wireless News

> Smith Micro Software says its client-centric middleware for cellular network offloading is picking up traction. Article

> Sierra Wireless is pushing LTE as a must-have for emerging high-speed M2M applications and says even some older apps will eventually migrate to LTE. Article

> AT&T is dabbling in an advertising-supported Wi-Fi network that will be unveiled at the Dallas-Fort Worth International Airport in late summer. Article

European Wireless News

> Free Mobile has dramatically missed handset sales targets and requested that suppliers take back unsold stock, according to a report in French newspaper Les Echos. Article

> Mobile payments are expected to grow nearly 100 percent per year-over-year for the next three years, according to new research. Article

> Is the SMS stronghold being attacked by slick upstarts? Editor's Corner

And finally... A sushi-making robot. Article

Suggested Articles

A group of operators are joining forces with the GSMA to develop an interoperable platform to make edge compute capabilities widely available.

An Ericsson exec said it's not fair to compare LTE with DSS. It's not an apples-to-apples comparison.

Nokia is not commenting on reports it's looking at asset sales or possible merger activity.