HP Beats Street Amid Sales Declines, Takes $8.8 Billion Charge

HP Beats Street Amid Sales Declines, Takes $8.8 Billion Charge

allthingsd.com
New Hewlett-Packard’s Q4 results just crossed the wires, and they’re bad, but but quite as bad as some of the more cynical had expected. The good news: Earnings per share were $1.16, beating the consensus view of $1.14. The bad news is that sales, at $30 billion, were a half-billion dollars...
HP Beats Street Amid Sales Declines, Takes $8.8 Billion Charge
                                       

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RIM prepares for comeback bid with Jan 30 launch for BlackBerry 10

gigaom.com
There have been some doubts whether Research in Motion would even get its BlackBerry 10 platform to market after delays. But the one-time smart phone leader is following through on promises to launch BlackBerry 10 and has now announced a January 30 launch event to unveil the first two devices...
RIM prepares for comeback bid with Jan 30 launch for BlackBerry 10

CHART: How Mobile Phones Are Killing The Magazine Business

www.businessinsider.com
Total U.S. ad spending increased just 0.9 percent in Q2 2012, to $34.4 billion, according to Kantar Media, but that marginal increase masked the disproportionate damage suffered by the magazine sector. Magazine ad sales declined -2.7% percent in the quarter, with across-the-board declines at consumer, business and Sunday magazines. The...
CHART: How Mobile Phones Are Killing The Magazine Business
HTC expects Q3 revenue drop, only China to see growth

Apple Reports $35 Billion Quarterly Revenues, $8.8 Billion Profits

www.fastcompany.com
News updates all day from your Fast Company editors.Apple has reported its third quarter financial results, headlining with a quarterly revenue of $35 billion and net profit of $8.8 billion. Although Apple beat its own guidance on every figure, analysts had been predicting revenues of about $37 billion, profits of about $10.36 per...
Apple Reports $35 Billion Quarterly Revenues, $8.8 Billion Profits
Android accounts for more than half of all smartphones sold in U.S. and Europe

Nokia’s 1 billion opportunity: A China Lumia launch

gigaom.com
Nokia is expected to launch its Lumia smartphone line in China on March 28 according to multiple reports. DigiTimes says that China Unicom, China Telecom and China Mobile will all sell Nokia Lumia handsets; combined these three operators have nearly 1 billion subscribers. That’s a huge opportunity both for Nokia and...
Nokia’s 1 billion opportunity: A China Lumia launch

NPD: Hardware sales hit $144 billion in 2011, PCs lead the moneymaking pack

www.engadget.com
Canalys recently announced that smartphone shipments surpassed those of PCs for the whole of 2011. Well, NPD's just released its own set of hardware numbers, this time focused on revenue shares, and it appears PCs (that's laptops and desktops for NPD's purposes) are still far and away the biggest...
NPD: Hardware sales hit $144 billion in 2011, PCs lead the moneymaking pack

Panasonic and Sony mired in Japanese electronics slump

www.guardian.co.uk
Panasonic and Sony have been hard hit by weakening demand for TVs, a strong yen, and lower production following the Thailand floodsJapanese electronics firm Panasonic has nearly doubled its projected net loss for 2011 to ¥780bn (£6.47bn) – the biggest in the company's 95-year history – as the global economic...
Panasonic and Sony mired in Japanese electronics slump
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