Options traders are betting new Apple Inc. products will propel the world’s largest company after it rebounded from the worst monthly loss in a year.
BlackBerry Ltd., the struggling smartphone maker, struck a five-year deal with Foxconn to manufacture its devices, following another quarterly plunge in sales and mounting losses.
BlackBerry is poised to snap a five- quarter streak of declining smartphone shipments, a sign its recovery is gaining traction.
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.
Nokia Oyj , the world’s biggest mobile-phone maker, may post its smallest third-quarter profit since 2001, underscoring Chief Executive Officer Stephen Elop ’s challenge to claw back share from Apple Inc. and Google Inc.
Prices of semiconductors used in personal computers and mobile phones jumped on supply-shortage concerns after factories were shut down in the wake of Japan’s worst earthquake on record.
European stocks advanced the most in more than a week after Greek lawmakers approved austerity measures needed to get the financial rescue the nation seeks.
"We're going to see quite a bit of new products."
- Andy Perkins on Apr 02, 2014