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Nokia quarterly results reveal loss

Last week Nokia warned that its quarterly results would be disappointing - and today it’s published those figures.

Net sales for Q1 2012 were down 29% year-on-year to €7.354 billion, while the Q1 2011 operating profit of €439 million has become a €1.34 billion loss this quarter.

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Qualcomm reports another record quarter

Wireless technology business Qualcomm Incorporated has announced results for the second quarter of its current financial year.

Revenue was up 28% year-on-year to $4.94 billion, while net income was up 123% year-on-year to $2.23 billion.

Author: The Fonecast
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Brits want 4G to help the economy

Research carried out by YouGov plc and published by Everything Everywhere shows that 74% of British adults want to bring 4G technology to the country as soon as possible.

However, it’s the potential benefit to the economy that attracts the largest number of respondents rather than faster mobile phone connections.

Author: The Fonecast
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Barclaycard offers stick-on NFC credit card for 'mobile' payments

Barclaycard, part of Barclays Retail and Business Banking, has launched a new way for UK customers to pay with their mobile phones. It’s called Barclaycard PayTag and is effectively a small NFC credit card that can be stuck to the back of a mobile handset.

The sticker will operate as an additional card on a Barclaycard customer’s existing account.

Author: The Fonecast
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You're gonna need a bigger tariff

Mark Bridge writes:

“You're gonna need a bigger boat”. The words of Roy Scheider as police chief Martin Brody spots the shark in the film Jaws.

37 years later and O2 UK CEO Ronan Dunne is facing another all-devouring monster... but this is no aquatic predator. It’s in the air - and it’s invisible.

No, we’re not talking about a Pteranodon (that’s Jurassic Park III) but a 4G mobile broadband connection. A real-life data monster.

Author: The Fonecast
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