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Nokia suffers $1.76 billion loss, Lumia sales mixed

The phone maker runs into Lumia launch challenges in the U.K., and overall sales so far have not been as strong as hoped.

By Apr. 19, 2012


BlackBerry CEO may be contemplating sale of handset unit

"If I cannot make money on handsets, I will not be in the handset business," John Chen tells Reuters.

By Apr. 9, 2014


Chromebooks surge at business in 2013, researcher says

Google Chrome OS-based laptops accounted for 21 percent of all notebook sales through commercial channels, according to NPD Group. That's not good news for Windows PCs.

By Dec. 27, 2013


Samsung posts record $8.5B profit as mobile business shrinks

Operating profit jumps 47 percent over a year ago, but profit from the South Korean electronics giant's mobile division declined 3.5 percent from the previous quarter.

By Jul. 25, 2013


Verizon posts Q4 profit of $7.9B, adds 1.7M connections

The company's results got a pick-me-up from an after-tax gain stemming from adjustments to its pension and benefit plans.

By Jan. 21, 2014


Record iOS, Android app downloads tallied in last week of 2012

According to new data from research firm Flurry Analytics, 1.76 billion apps were downloaded during the last week of the year.

By Jan. 2, 2013


As Nokia burns through cash, analysts worry

A poll of analysts conducted by Reuters reveals that they're concerned Nokia will cut through nearly 2 billion euros of cash in just three quarters, putting strain on its reserves.

By May. 18, 2012


Nokia looking to unload Vertu brand?

The troubled cell phone maker is in advanced talks to sell the luxury phone maker to a private equity group for about $265 million, the Financial Times reports.

By Apr. 29, 2012


Former Nokia exec says Nokia's in trouble, Elop is to blame

Losing money, senior talent, and cash cow Symbian OS was the wrong move, a former Nokia executive tells CNET UK.

By Apr. 25, 2012


Nokia: Fingers crossed we'll win with tablets, hybrids

Outgoing chairman Jorma Ollila tells the Financial Times the company could bounce back from its current slump with help from a range of new devices.

By May. 3, 2012