Monthly Archives: March 2012
Sony named Michael Lynton as CEO of Sony Corporation of America (SCA) and Nicole Seligman as SCA President; it was announced by Sir Howard Stringer, Chairman, CEO and President of Sony Corporation and Kazuo Hirai, Executive Deputy President. Mr. Lynton will be overseeing Sony’s entertainment businesses, including Sony Music Entertainment (SME), Sony/ATV Music Publishing...
Being on the urge after the Fair Labor Association’s report details “serious worker issues” in the company’s Foxconn factory in China, the Cupertino-based giant has announced that both it and the manufacturer will work together and hire “tens of thousands” of new workers in an effort to improve working conditions and “clamp down” on overtime. The...
RIM issued fiscal fourth-quarter results that once again were far grimmer than analysts had expected, as BlackBerry sales and shipments fell sharply amid intensifying competition, and writedowns tied to inventory and acquisitions left the company with a loss of $125 million (U.S.), its first quarterly loss since fiscal 2005. RIM also announced a number of executive changes,...
RIM has announced its revenue for the fourth quarter of fiscal 2012 was $4.2 billion, down 19% from $5.2 billion in the previous quarter and down 25% from $5.6 billion in the same quarter of fiscal 2011. The revenue breakdown for the quarter was approximately 68% for hardware, 27% for service and 5% for software and other revenue. During the quarter, RIM shipped approximately...
With ETSI is still have to take the decision later this week over the nano-SIM standard – the future of SIM – Nokia seems threatening the ETSI that it will not license “essential” patents if Apple’s nano-SIM is selected. We earlier reported that battle between Apple and its rival smartphone maker has broken out over the next generation nano-SIM standard – the...
