Sales Forecast
108 Stories
Consumer electronics hit by inventory glut
News Inventories pile up for manufacturers of computers, mobile phones and TVs, signaling a worse-than-forecast fourth quarter.
Tags: Hardware, Sales strategy, Sales/revenue, Cost control, Business development/management, SanDisk Corp., Inventory, TV, Electronics, Sales
Philippine carriers eye various growth areas
News As analysts expect phone sales in the country to fall this year, mobile operators mull revenue sources such as data traffic services, to overcome any handset sale slump.
Tags: Cellular phones, Smart phones, Mobile/Wireless, Mobile, Philippines, International Data Corp., Cell Phone, Wireless, phone, 3G
Asia leads mobile sales boom
News Led by the Asia-Pacific region, global cellphone sales have increased by 21.5 percent during the third quarter of 2006.
Tags: Cellular phones, Analyst reports
Google faces US$1B damages in trade-secret lawsuit
News Filing says Google purloined secrets from erstwhile partner, LimitNone, which sold a product that helps customers move data from Microsoft Outlook to Google Apps.
Tags: Lawsuits, Software, Google Inc., Lawsuit, software development, knowledge, Illinois, partnership, Google Apps, Google Gmail
Nokia cuts handset sales forecast
News The Finnish mobile phone manufacturer has revised its fourth-quarter outlook, and also issued a warning over 2009 sales.
Tags: Earning reports/forecasts, Sales/revenue, Cellular phones, Mobile, Mobile Device, Sales, communications company, handset sales forecast, professional services, Nokia Corp.
Nokia CEO touts N97 smartphone
News Speaking at D: All Things Digital, Olli-Pekka Kallasvuo shows off the company's latest smartphone. The good news is that it is coming to the United States. The bad: it costs US$699.
Tags: Smart phones, Smart Phone, Video, N97, phone, AT&T Corp., CEO, U.S., Nokia Corp., built-In
Microsoft sees business tough all year
News Company will have to step up its game even further, although it may have seen the worst, CFO Christopher Liddell told analysts Thursday.
Tags: Servers, Earning reports/forecasts, Quarter, Sales, Server, Microsoft Windows, consumer PC, revenue, analyst, PC
Oracle blames warning on "nervous" executives
News The company issues a profit warning for its third quarter Thursday as executives blamed the slowing US economy for sluggish sales of its flagship database software.
Fujitsu cuts group net forecast 67 percent on slow sales
News Fujitsu Ltd, Japan's largest computer maker, warned that its earnings will fall two-thirds short of its previous forecast for the year through March 31.
Gemplus to close plant, cut costs after Q1 loss
News Gemplus SA, the world's biggest maker of smart cards, said it will close a plant in a bid to save money after losing money in the first quarter. Its shares fell as much as 17 percent.
LG, Hitachi form Japanese optical storage JV
News Two North Asian electronics giants, Korea's LG and Japan's Hitachi Ltd, have teamed up to build a Japanese joint venture specializing in the production of optical storage media--that is, CD-ROMs and DVDs.
Acer to cut sales expectations on weak demand for computers
News Acer Inc, Taiwan's largest personal computer maker, will cut its sales forecast for this year because demand in the fourth quarter is lagging expectations.
Redback CEO Ragavan resigns
News Redback Networks chief executive Vivek Ragavan, who presided over an 87 percent drop in the phone-equipment maker's shares, resigned after 10 months on the job. The company has begun a search for his successor.
Redback Asia "least affected" by global layoffs
News Redback Networks Inc's operations in Asia Pacific (including Japan) is the least affected by its worldwide retrenchment of about 150 workers.
Sony Ericsson gains on Nokia
News The handset maker shipped a record number of phones in the first quarter--bumping up its share of the market and its optimism for the cell phone market as a whole.
Tags: Cellular phones
