Alexander Peterc

Ericsson Profit Rises as Handset Disposal Helps Margins

Ericsson AB’s first-quarter profit more than doubled on the sale of a stake in its mobile handset venture while the company increased its profit margins from the previous period amid cautious spending from European operators.

Nokia Rises on Prospects From Trade-Show Reentry: Helsinki Mover

Nokia Oyj rose to a four-week high as the handset manufacturer prepared to return Feb. 27 to the Mobile World Congress, the first time the company is showing new products at the trade show in three years.

Nokia Stock Plunges on Disappointing Earnings, Outlook

Nokia Oyj, the world’s biggest maker of mobile phones, plunged more than 14 percent after posting a lower-than-estimated profit on competition from Apple Inc.’s iPhone, and cutting its margin forecast.

Nokia Reports Smartphone Sales That Beat Analyst Estimates; Shares Rise

Nokia Oyj, a year into an alliance with Microsoft Corp. to try to win back market share lost to Apple Inc., sold more smartphones last quarter than analysts predicted, boosting confidence in its ability to compete.

RIM Pares Gains as Analysts Say a Buyout Bid Is Unlikely

Research In Motion Ltd., maker of the BlackBerry smartphone, pared gains in Nasdaq trading after analysts said a buyout is unlikely as company executives focus on guiding their own turnaround.

Apple's `Underdog' Analysts Outperform Wall Street From Helsinki, Caracas

The most accurate analyst covering Apple Inc. isn’t on Wall Street. It’s Horace Dediu -- a blogger, ex- Nokia Oyj worker and self-described “entertainer” who writes from a home overlooking the Baltic Strait in Helsinki.

Movies Will Give Sony Tablets Edge: Stringer

Sony Corp. is betting its tablet computers will rival Apple Inc.’s iPad by luring buyers with music and movies, even as the Japanese company arrives more than a year late in the booming market for such devices.

Nokia Reports Smaller Loss as Handset Sales Beat Estimates

Nokia Oyj reported a smaller-than- estimated loss and forecast a profitable quarter for the handset business as the Finnish manufacturer prepares to introduce models based on Microsoft Corp.’s software. The shares surged.

Nokia Tumbles on Outlook, ‘Competitive Challenges’

Nokia Oyj fell as it forecast smaller margins in the first quarter, underscoring Chief Executive Officer Stephen Elop ’s challenge in the fight against Apple Inc.’s iPhone and Google Inc.’s Android.

RIM's PlayBook-Driven Rally May Fizzle as Clash With iPad Looms

Research In Motion Ltd. has surged 38 percent since August on prospects for its new tablet device. That may be too big a jump given the product is late to a market led by Apple Inc. ’s iPad, say analysts who are cutting ratings.

"The underlying result is fine thanks to the gross margin, which should be reassuring. Networks sales were light because of the decline in CDMA and macro factors in regions like southern Europe."

- Alexander Peterc on Apr 24, 2012

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Greek Leaders Meet on Election After European Stocks Drop

Merkel-Hollande Meeting Yields Greece Growth Signal

Goldman, Merrill E-Mails Show Naked Shorting, Filing Says

Boehner Demands Spending Cuts for Any Debt Limit Increase

U.S. Said to Start Probe of $2 Billion JPMorgan Loss