Sinead's Feed
Sep 13, 2012
Sep 12, 2012

Verizon CFO expects little Q3 iPhone margin fall-out

NEW YORK (Reuters) – Verizon Wireless will not take a big hit to its wireless profit margins this quarter from the Apple Inc iPhone 5 launch this month, according to Fran Shammo, chief financial officer of parent company Verizon Communications.

And the short-term revenue decline from the company’s new data share plans will be less than Shammo had feared because customers are buying bigger buckets of data than it had expected, the executive said during an investor webcast on Wednesday.

Sep 12, 2012
Sep 11, 2012

Texas Instruments warns of weakening chip demand

NEW YORK (Reuters) – Texas Instruments Inc (TXN.O: Quote, Profile, Research, Stock Buzz) said on Tuesday that chip demand this quarter would be at the low end of its expectations due to weak markets such as Europe, realizing investor fears.

The maker of chips for products ranging from cellphones to cars was able to maintain its financial targets for the quarter only due to an insurance payment, cost cuts and better than expected sales in its declining wireless business.

Sep 10, 2012

Nokia Siemens eyes Huawei’s No. 2 market position for 2013

NEW YORK (Reuters) – Nokia Siemens Networks expects to jump to second place in the global wireless network equipment market for the full year 2013, ahead of arch-rival Huawei Technologies Co, according to a top Nokia Siemens executive.

Nokia Siemens, a venture of Finland’s Nokia Oyj (NOK1V.HE: Quote, Profile, Research, Stock Buzz) and Germany’s Siemens AG (SIEGn.DE: Quote, Profile, Research, Stock Buzz), trails Huawei HWT.UL in the global mobile network equipment market, which is led by Ericsson (ERICb.ST: Quote, Profile, Research, Stock Buzz). The venture has had to undertake a massive restructuring this year as it struggled to make a profit due to customer consolidation and aggressive price competition.

Sep 8, 2012
Sep 8, 2012

Amazon’s new high-end tablet lacks FCC approval for sale

By Alistair Barr and Sinead Carew

(Reuters) – Amazon.com Inc trumpeted cutting-edge wireless technology as a key selling point for the fanciest of the new Kindle devices introduced by CEO Jeff Bezos on Thursday. There’s just one problem: the devices have not yet been approved for sale by the Federal Communications Commission.

FCC approval is required for wireless communications products, to assure that they operate safely and won’t improperly interfere with other signals.

Sep 6, 2012

HTC eyes sales boost for Windows phones

NEW YORK (Reuters) – HTC Corp has high hopes that Microsoft Corp software will boost its smartphone sales due to a strong new design and support from wireless service providers, according to Jason Mackenzie, HTC’s president of sales and marketing.

Taiwan’s HTC, which derives most of its revenue from phones based on Google Inc’ Android software, is currently facing a sharp sales decline as it struggles to compete with iPhone maker Apple Inc and Android rivals such as Samsung Electronics.

Sep 6, 2012
Sep 5, 2012
    • About Sinead

      "Sinead is a telecommunications industry correspondent. Her coverage area spans U.S. service providers, cellphone makers and chip makers. Before joining Reuters in 2002, she covered technology and telecoms for various trade publications."
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