Nokia has issued its fourth quarter and full-year financial results.
Net sales were down 9% for the year to €38.7 billion, while operating profit has fallen from €2.1 billion last year to a loss this year of €1.1 billion - most of which resulted from the final quarter’s trading. Nokia says it aims to break even in the first quarter of 2012.
Article rating: No rating
Telecoms equipment business Ericsson has released quarterly and annual results, showing a rise in annual sales.
Net sales for the year were up 12% to 226.9 billion kronor (£21.4 billion), with net annual income up 12% to 12.6 billion kronor. However, Q4 income was down 66% year-on-year.
Article rating: No rating
Apple’s Tim Cook recently described 2011 as the year of the iPad. Now new figures from Strategy Analytics show how much of a hold the Apple iOS has over its tablet rivals.
The fourth quarter of 2011 saw almost 27 million tablets shipped worldwide, according to the Strategy Analytics Tablet & Touchscreen service.
Article rating: No rating
HP has committed to making its webOS source code available under an open source licence by September.
It’s starting by releasing version 2.0 of the Enyo developer tool for webOS, with other individual elements due to be released in the next few months.
Article rating: No rating
Everything Everywhere and BT Wholesale have announced an extension to their trial of 4G LTE mobile broadband in Cornwall.
The trial, which has been running in the area around St. Newlyn East in Cornwall since October 2011, has been given Ofcom approval to continue until the end of June 2012.
Article rating: No rating