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China overtakes Japan on IT spending

China has overtaken Japan in terms of its share of global IT spending, German IT industry organisation BITKOM said Wednesday, ahead of the CeBIT, the world's biggest high-tech trade fair.

Feb 27, 2013 not rated yet 0

Sprint posts big 4Q loss, revenue rises

Sprint Nextel, the country's third largest wireless carrier, says it lost $1.3 billion in its fourth quarter, about the same as a year ago, as it revamped its network for a comeback versus bigger competitors.

Feb 07, 2013 not rated yet 0

Ericsson posts Q4 loss, but sales up

Wireless equipment maker Ericsson posted a 6.46 billion kronor ($1.02 billion) loss in the fourth quarter due to a massive one-time charge, but said Thursday its sales rose 5 percent as mobile operators invested in broadband ...

Jan 31, 2013 not rated yet 0

Softbank 3Q profit doubles on iPhone sales

Japanese phone company Softbank, owned by billionaire Masayoshi Son, says its net profit more than doubled in the October-December quarter from a year earlier, helped by strong sales of Apple's iPhone and iPads.

Jan 31, 2013 1 / 5 (5) 0