IPHONE

AT&T posts big loss on hefty charges, iPhone costs

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AT&T Inc posted a $6.7 billion quarterly loss due to a hefty break-up fee for its failed T-Mobile USA merger and other charges on top of costly subsidies for smartphones such as Apple Inc's popular iPhone.

NEC Stuns Japanese Markets, Will Lay off 10,000

An NEC logo in Tokyo
Japanese electronics giant NEC Corp. stunned the Japanese markets Thursday, announcing it expected to lose ¥100 billion ($1.3 billion) and lay off 10,000 employees globally next year. The view -- announced during the company's quarterly earnings release conference call -- was a wild swing from previous statements, where the company had set positive 2012 earnings guidance of ¥15 billion.
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AT&T posts massive quarterly loss

AT&T Inc posted a massive quarterly loss due to a break-up fee for its failed T-Mobile USA merger and a pension-related charge on top of costly subsidies for smartphones such as Apple Inc's popular iPhone.
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Nokia profits dive, new phones yet to take off

Nokia reported a 73 percent fall in fourth-quarter earnings as sales of its new Windows Phones failed to dent the dominance of Apple's iPhone or to compensate for diving sales of its own old smartphones.
Nokia CEO Stephen Elop displays the Nokia Lumia 900 smartphone at the Consumer Electronics Show opening in Las Vegas

Nokia's 4Q Plunges 73%, Windows Phone Sales Disappoint

Nokia, the world's largest cellphone maker by volume, reported a 73 percent fall in fourth quarter earnings as sales of its new Windows Phones failed to slow the rapid dominance of Apple's iPhone or to compensate for diving sales of its own old smartphones.
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Jailbreaking Exemption Set to Expire

Jailbreak enthusiasts, who've just downloaded Chronic Dev Team's recent groundbreaking greenpois0n Absinthe software, may have their joy outlived as the protection for jailbreaks granted by the U.S. Copyright Office is set to expire in 2012.
Apple

iPhone Thieves Find Apple Support Helpful

When Apple Inc set up its customer service plan for the iPhone, it seems to have had the best intentions of humanity in mind - any phone under warranty can get serviced because it's the phone that's tied to the warranty, not the owner.
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iPhone 4S iOS 5 Battery Enhancement Tweak Confirmed Fake

An upgrade to the phone's operating system was then announced, amid hope it would fix the problem. Unfortunately, the upgraded iOS 5.0.1 failed to do so and the users were left further disheartened. They then stumbled upon an iPhone 4S jailbreak tweak that claimed to be able to fix the battery's handset problem.
Apple's retail store at Upper West Side, New York City

What Apple Plans to Do with $98 Billion Cash Hoard?

Apple Inc. has a high-quality balance sheet with net cash of $97.6 billion or $103.6 per share at the end of fiscal first quarter. Investors look puzzled regarding what Apple intends to do with its cash hoard.
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Motorola sues Apple for patent infringement

Motorola Mobility, which is seeking regulatory approval to be bought by Google Inc, has filed a new lawsuit against Apple Inc accusing the iPhone maker of infringing its technology patents.
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IPhone thieves find Apple support helpful to them, too

When Apple Inc set up its customer service plan for the iPhone, it seems to have had the best intentions of humanity in mind -- any phone under warranty can get serviced because it's the phone that's tied to the warranty, not the owner.

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