Tag "profits"

News and Rumors

Samsung says they are losing profit due to a weak demand for their low-mid tier smartphones

When you think of Samsung you think of high sales numbers. Well, it looks like those numbers are lower than we thought, at least as far as low and mid

News and Rumors

Microsoft receiving $2 Billion in profit from Android every year

Microsoft’s profit from the smartphone industry should be coming from the Windows Phone platform, or so we thought. Business Insider has obtained information from Nomura analyst Rick Sherlund, who claims

News and Rumors

LG snags $2.75B in mobile revenue despite less profitable devices

LG’s recent posting of their Q3 financial results are in, and they’re proving to be positive. As a whole, LG has pulled in $12.51 billion in revenues, which brings their

News and Rumors

HTC closes South Korea office due to slow sales, Samsung hurting profits

  HTC has announced that they will be closing their office in South Korea. The company recently showed slow sales in the country, thanks to Samsung. According to analysts, HTC

News and Rumors

Motorola Reports Earnings Boost, Gives Android Credit

Motorola reported its biggest profit in 3 years in the 3rd Quarter of 2010. Motorola credits Google’s Android powered smart phones for the jump in sales. Motorola’s mobile division rose