Verizon this morning posted a quarterly loss, due to one-time charges for restructuring and Sandy-related costs. Even after you strip out the charges, the results were weaker-than-expected. But revenue topped expectations.
Caterpillar, the world's largest maker of construction and mining equipment, is cutting its long-term growth outlook. And that's bad news for all around, because this industrial giant's not just a company, it's a global economic bellwether.
Your desktop -- and maybe even the shiny new laptop that you bought a few months ago -- are dinosaurs. The "good enough" computing revolution that has nudged consumers-on-the-go toward smartphones and tablets is taking its toll on the box business.
PC makers better learn to think outside of the box: Computer sales continue to slip as companies cautiously watch their spending and consumers flock to tablets and smartphones for their basic computing needs.
Buying a new cell phone next year? Odds are it'll be a smartphone, according to a new report from research firm In-Stat. The company predicts that smartphones will overtake regular cell phones, making up more than half of U.S. cell-phone shipments, in 2012.
Google is considering a plan to expand its Android newsstand -- and heat rivalry with Apple's iTunes -- by charging publishers a lower price to sell news to Android users than the 30% fee that Apple typically charges to sell apps on iTunes. Will that be enough to attract more news?
Google's Android mobile operating system is now more popular than Apple's iPhone or RIM's Blackberry among recent smartphone buyers, according to new data from market research firm Nielsen. The sales figures are further evidence of the astonishing rise of Android devices.
Nokia released its long-awaited and previously delayed flagship N8 smartphone on Thursday. With the ability to run multiple applications at once and a 12 megapixel camera that shoots HD-quality videos, the device is intended to by Nokia's answer to Apple's iPhone.
Research In Motion reported better than expected earnings Thursday, blunting fears that the Blackberry-maker is losing ground to smartphone rivals Apple and Google. But investors pushed shares down 3% in after-hours trading on secondary results that came up short of Wall Street's hopes.
Motorola's second-quarter performance beat Wall Street's earnings expectations thanks to sales of its ES400 personal digital assistant to businesses, and issued a third-quarter forecast that was higher than analysts' expectations based on the strength of its popular new Droid X smartphone.