Sony Ericsson to Cut 2,000 Jobs After $387M Loss
17 Apr 2009 | Financial , Sony Ericsson | 0 comments
Right after posting its first quarter financial results, mobile phone maker Sony Ericsson announced plans to cut about 2,000 jobs to reduce costs. The company reported a loss of $387 million for the first quarter of 2009, making this the...
President of Sony Ericsson USA Resigns
23 Mar 2009 | Financial , Sony Ericsson | 0 comments
According to an announcement made by Sony Ericsson today, Najmi Jarwala, president of Sony Ericsson USA has resigned and will leave the company at the end of this month. Jarwala has been president of Sony Ericsson USA since October 2005....
Verizon sells 1 million BlackBerry Storms since launch
29 Jan 2009 | BlackBerry , Financial , RIM , Verizon Wireless | 4 comments
In spite of the economic problems every body else seems to be having, Verizon's earnings have improved in the fourth quarter of last year with 7% compared to earnings in the same period in 2007. Verizon also posted a reaction...
1.9 million iPhones activated in Q4, says AT&T
28 Jan 2009 | Apple , Financial , att | 0 comments
According to AT&T, in the fourth quarter of last year, there were 1.9 million iPhone 3G activations, with 40% of the activations representing new customers. Like many other companies, AT&T also saw a decline in its earnings in the last...
Sprint to cut 8,000 jobs
27 Jan 2009 | Financial , Sprint | 0 comments
Everybody's going through rough times, especially Sprint. Just days after Microsoft announced that 5,000 of their workers will be laid off, Sprint is now planning the same thing by slashing 8,000 jobs in the next 3 months in order to...
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