The global economic depression has left its mark on Nokia, who recently reported a loss of 559 million EUR or $832 million for Q3 2009. This is the first net financial loss since the company began reporting quarterly in 1996, according to Bloomberg.
Nokia claims that the loss can blamed on ...
A recent study carried out at the annual Comptel User Group, in Berlin, showed that the most providers are pretty optimistic regarding the potential of the telecom sector. What's more 8 out of 10 respondents seemed pretty sure that this segment won't be hit too hard by depression.
The survey polled ...
While Nokia and Sony Ericsson are losing cash because of their outdated handsets and software, LG is having a great fiscal year, reporting record sales for Q2 2009.
The company sold 30 million handsets in last quarter only, 30% more than in Q2 2008 and things are looking better, since LG ...
While Nokia is reporting a 66% decrease of its quarterly revenue and Motorola's not doing so well (for the past 2 years actually), Sony Ericsson is also sinking into the depression, since they've just posted another quarterly loss.
This is the fourth consecutive quarterly loss and it's now very clear why ...
Reuters informs us that Palm Inc has been hit by the depression so it's planning on cutting its workforce. Palm lost an important market share to Apple and RIM, as both companies prepare for Christmas with their hot smartphones on popular carrier contracts. The company's spokeswoman, Lynn Fox didn't mention ...
