More layoffs announced for mobile division, seen by Sony leadership as a key to the company's turnaround efforts.
The company had planned to ship 50 million smartphones this year, but that figure has been falling and will drop even more, according to Bloomberg.
Emerging markets are still showing interest in new tablets, but that isn't enough to sustain IDC's prior forecast for this year.
The most expensive version could snag around 10,000 in unit sales this year and account for less than 1 percent of all Apple Watch sales, analyst Gene Munster says.
Stronger demand for business PCs has delivered better-than-expected second-quarter sales for Intel.
The carrier expects to add a net 800,000 post-paid subscribers as customers flock to its Next smartphone payment plan.
The professional network, now with 300 million members, gives Wall Street almost everything it wants this quarter. Next quarter is a different story.
A partnership with Verizon and other carriers is aimed at bringing the browser-based operating system to wealthy countries. But don't expect ordinary slab-of-glass phones.
Light at the end of the financial tunnel? Sony sees a brighter future riding its PlayStation, along with movies, music and components such as image sensors.
Apple could sell 20M smartwatches this year, nabbing a quarter of the wearables market, market researcher says. But a flop would hurt everyone.