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