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.
Finland-based Rovio also says it plans to "simplify" its company based on three key areas: games, media, and consumer products.
As it has in previous years, Apple cut the price of its previous iPhone models on Tuesday, making way for its flagship iPhone 6 to take on the highest prices.
Emerging markets are still showing interest in new tablets, but that isn't enough to sustain IDC's prior forecast for this year.
Sprint's new CEO has only been on the job four days and is already promising employees "disruptive" price cuts as soon as next week, according to a report from Light Reading. Will this move finally stem Sprint's subscriber losses?
For one day only HTC will sell the One M8 for just $99.
The new entry point for the MacBook Air is $899 -- from Apple at least. Retailers like Best Buy are selling the prior model for $799.
The company's smallest Macs are now a bit more competitive as Apple lowers the MacBook Air price and drops in a faster Intel processor.
An earlier version of this story misstated the monthly price of a terabyte. It is $9.99.
Google has dropped the monthly prices for cloud storage on its Drive service.