Sony Ericsson posts second consecutive profitable quarter
Sony Ericsson managed to keep the good times rolling in the second quarter of 2010, posting its second consecutive razor-thin net profit -- this time of €12 million (about $15.6 million) on sales of €1.757 billion ($2.284 billion).
Categories: Mobile Phone Tags: black, earnings, earningsreport, entry, ericsson, mobile, over-the-past, sonyericsson, time, vivaz, xperia
Motorola posts another tiny quarterly profit, phone division not yet pulling its weight
Moto's earnings for the first quarter came out today, and they pretty much echo what the company managed to do in the fourth quarter of 2009 -- pull a small profit thanks to performance from the Home, Enterprise Mobility, and Network groups in the face of an operating loss from the Mobile Devices (read: phones) division. Unfortunately, all of the numbers are just a little bit worse across the board; Motorola didn't have any Droid -style blockbuster launches or major gift-giving holidays to help it along this quarter, and ended up dropping $192 million in the hole compared to $132 million in the quarter prior
Categories: Mobile Phone, Other Tags: devices, earnings, earningsreport, fourth, lead-the-spun, mobile, mobility, moto, network
Sprint halves its quarterly customer loss, increases revenue for the first time in ages
If you can find the silver linings, the news is finally getting a little better over at the number three largest carrier in the States after countless quarters of brutal numbers.
Categories: Mobile Phone Tags: after-countless, customers-fell, downward-trend, earnings report, earningsreport, entry, finally-getting, financial, news, silver, silver-linings
Motorola files another small profit in fourth quarter
Moto appears to be continuing its long, arduous road toward recovery on news of its financial results for the fourth quarter of '09 -- or, at the very least, it's not losing any ground. Overall, the company posted a meager profit of $142 million for the quarter on revenue of $5.723 billion, $14 million better than a quarter prior and a staggering $3.799 billion better than the same quarter a year ago. Breaking it down by division, Mobile Devices is still in the red, but not by terribly much -- it did $1.8 billion in sales with an operating loss of $132 million, while Home and Networks Mobility (the guys responsible for wireless infrastructure and set-top boxes) made $91 million on sales of $2 billion.
Categories: Mobile Phone, Other Tags: devices, earnings, earningsreport, engadget, entry, extent, mobile-devices, motorola, operating-loss, quarter, recovery, report, tops
Palm loses $85.4 million in latest reported quarter — hey, it’s an improvement
We don't know just how quickly Palm (or Elevation Partners, for that matter) thought it'd become profitable following the release of webOS , but it's not there quite yet -- the company is in the process of outing its earnings for the second quarter of fiscal year 2010 right now, and in a word, they're still in the red. The good news is that it's a marked improvement from last quarter -- they've gone from a $164.5M GAAP net loss to an $85.4M one this time around
Categories: Android, BlackBerry, Mobile Phone, Other Tags: 17th-2009, apple, BlackBerry, breaking-news, earning report, earningreport, earnings report, earningsreport, financials, mobile, neutral, palm, report