Samsung Electronics released some financial results for its second quarter today, ahead of the official release July 24, saying that earnings will be well above market estimates. Last month, Qualcomm also raised its guidance, but it was unclear whether that meant the cell-phone slump was over. Similarly, in this case,…

Newly appointed Palm (NSDQ: PALM) CEO Jon Rubinstein symbolically took over the company’s reigns today by leading the Palm’s fourth-quarter conference call, and was clear in delivering this message: Palm remains on track—from meeting Pre supply to working with application developers. One topic he would not touch, however, was the…

Research In Motion reported higher earnings in its first quarter today, but the company’s stock traded lower as investors looked ahead to the rest of the year in which the BlackBerry-maker must compete against a slew of new smartphones, including the iPhone 3G S, the Palm (NSDQ: PALM) Pre and…

RIM (NSDQ: RIMM) has benefited greatly from the growth in smartphone uptake, and remains the market leader in overall sales in the US. According to the NDP Group, its sales accounted for half of all smartphone sales in the first three months of 2009 in the US, where it sells…

It’s an exciting time for the industry with a ton of next-generation smartphones hitting store shelves this summer. But it seems Wall Street is reluctant to place bets on which devices will become hits and is wary on just how companies will make money. As a result, many companies from…

Vodafone’s latest full-year earnings are a tale of two markets. The British telecoms giant was saved by its emerging markets units, in particular India, as its European operations, especially Spain, struggled amid the recession. Vodafone (NYSE: VOD) reported full-year net profit dropped 54.4 percent to £3.08 billion ($4.8 billion) from…

As part of Vodafone’s full-year results tomorrow, the global carrier reportedly will announce an aggressive cost-cutting plan as economic pressures weigh heavily on its European operations. The Financial Times reports that Vodafone (NYSE: VOD) is expected to seek savings of more than £500 million ($765 million) by March 2010, which…

Sony (NYSE: SNE) has released its full year earnings for the 12 months ending March 31st, and its 50 percent share in Sony Ericsson (NSDQ: ERIC) helped drag down ts results. We already knew Sony Ericsson was in trouble—it’s first quarter results were dismal and it announced plans to axe…

Clearwire (NSDQ: CLWR) reported first-quarter earnings today, including higher revenues and a narrower loss. It also announced a series of management changes, including the appointment of three new executives, and shuffling around others. Clearwire’s CEO Bill Morrow (pictured, right), who was appointed only two months ago, said today that they…

Latin America came to Telefonica’s rescue again, helping offset shrinking sales in its European operations, and boosting the company’s first quarter profits. Europe’s second largest phone company reported first quarter net income rose 9.8 percent to 1.69 billion euros ($2.31 billion), beating analyst expectations that had forecast a profit of…

Italian mobile content vendor Buongiorno (BIT: BNG) has released its results for the first quarter of 2009. The compny saw revenue fall by over 15 percent year-on-year, from 79 million euros (US$107.4 million) in the first quarter of 2008 to 67 million euros (US$91 million) in the first quarter of…

Bell Canada has acquired Virgin Mobile (NYSE: VM) Canada in the hopes of driving wireless-customer growth and competing more effectively with other discount providers. Bell Canada, which already owned half of Virgin Mobile Canada, paid $142 million for the remaining stake, reports the Financial Post. In a conference call discussing…

Deutsche Telekom (NYSE: DT) posted a first quarter loss as the economic downturn hit the performance of its T-Mobile units in the USA, UK, and Poland.  But it was T-Mobile UK that hurt the most. The German telecoms giant reported a loss of €1.12 billion euros ($1.5 billion), compared to…

Glu Mobile (NSDQ: GLUU) reported first-quarter revenues of $20.8 million today, easily beating its own forecasts of up to $18.5 million in revenues. The company’s $5.8 million net loss also was better than its own estimates, which predicted that the company would lose between $6.7 million and $7.1 million. The…

While Electronic Arts (NSDQ: ERTS) continues to implement several cost-reduction initiatives to turn around the broader company, mobile continues to be a bright spot. In the fiscal fourth quarter, the company reported an adjusted net loss of $120 million, or 37 cents a share, down from the $30 million profit,…

*Virgin Media*, Britain’s second largest pay-television company, and owners of *Virgin Mobile UK*, its MVNO service, reported first quarter earnings today. Mobile revenue in the quarter fell 3 percent to £135.3 million ($205 million) from £139.5 million ($211 million) a year ago, as low value prepay subscribers left the company,…

Sprint’s message following the release of its first-quarter financial results today was this: Most of the company’s major initiatives are in place—now it has to wait for the impact to show up in the second half of the year. Sprint’s CEO Dan Hesse, who took on the task of turning…

Sprint (NYSE: S) Nextel posted a first quarter net loss of $594 million, or 21 cents per share, compared to a lost of $505 million, or 18 cents a share a year ago. But stripping out the severance related charge of $327 million, Sprint said it would have posted a…

Android, Android, Android. To say that beleaguered cellphone maker Motorola (NYSE: MOT) is pinning its hopes on the operating system would be an understatement. Today, after co-CEO and head of its mobile unit Sanjay Jha confirmed during its Q1 earnings call that Motorola was on course to launch Android-based smartphones…