Motorola Mobility employees have been bracing for job losses since Google's purchase of the ailing smartphone maker went through in May, and now those cuts have arrived in the form of a 20 percent reduction or 4,000 jobs worldwide.
It's gotta hurt being the only major U.S. carrier without the iPhone, and the proof of this dilemma is certainly being shown in T-Mobile USA's second-quarter, during which time more than half a million subscribers jumped ship for greener pastures.
We're big fans of Nokia's Lumia 900 and Windows Phone 7 in general, which is why it's rather sad to hear the company's quarterly financials looking worse than ever, with an operating loss of a billion dollars and little traction in the U.S.
Krikey, what a day for the tech world! On top of the jury siding with Google over the Oracle lawsuit, we’ve got Seagate buying up LaCie, HP slashing eight percent of its workforce over the next two years and Apple CEO Tim Cook failing to cut a deal with Samsung CEO Choi Gee-sung over their long-standing patent dispute. Oh, and DigiTimes says they’ll work harder to make Apple rumors more accurate. Yes, seriously. Read on to check out all the news for Wednesday, May 23, 2012!
Stop us if you’ve heard this one before: A manufacturer specializing in Android handsets unleashes a dizzying torrent of models to confuse customers, then blames a steep drop in net profit on one device sold by a rival.
While the iPhone dominated smartphone activations in the first quarter at AT&T and Verizon, the numbers look more bleak at third-place Sprint -- until you look closer and realize Apple’s handset is actually a tourniquet for the carrier’s bleeding.
Despite renewed interest in its Lumia smartphones on American shores, Nokia’s first quarter results are bleeding a lot of red ink, both financially as well as in total units sold, which is down by more than half year over year.