Sprint Now Gaining Subscribers Instead of Losing Them

Good news for long-suffering Sprint Nextel investors: Customer retention has finally improved to the point where the carrier is able to report actual gains in postpaid subscribers, rather than losses.

Prediction: In Two Years, Apple Will Have Less Than 50 Percent of the Tablet Market

Android’s gains in the tablet market continue apace with no signs of slowing. In fact, if anything, the platform is growing faster. According to new research from Strategy Analytics, Android’s share of the global tablet market grew 22 percent in the fourth quarter-–a tenfold spike over the prior quarter.

AT&T Plans $2.7 Billion Charge

AT&T Inc. will take a pretax charge of about $2.7 billion in the fourth quarter in a move to simplify how it accounts for pension and other post-retirement benefits.

Call the Geek Squad, Best Buy's in Trouble

If you didn’t know better, you’d think Best Buy’s third-quarter earnings report, released today, had been written by the Grinch.

Sirius: We’ll Just Put This Delisting Notice in the Circular File

It was inevitable, really. Having given up the gains that pushed its shares past $1 and failed to close over that threshold for 10 straight days by March 15, Sirius XM invited a delisting notice. And Wednesday afternoon Nasdaq gave it one.

Microsoft Revenue Up 14 Percent in Second Quarter

Reporting second-quarter earnings in January 2009, Microsoft–beaten down by the worst PC market in several years–announced the first mass layoffs in the its 35-year history. Ugly times. But what a difference a year makes. Microsoft just reported earnings for its second fiscal quarter, posting significant gains in sales and profits.

Global Chip Sales Down 21.3 Percent Year-to-Date. But Hey, They Rose Five Percent in August!

Worldwide sales of semiconductors in August rose five percent over July, racking up their sixth month of consecutive gains, according to the Semiconductor Industry Association. Great news were it not for the fact that at $19.1 billion, August sales were down a horrific 16.1 percent year-over-year. Furthermore, for the first eight months of 2009, sales are at $133.8 billion–about 21.3 percent below what they were at this time last year.
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Happy Days Aren’t Here Again: Another Miserable Quarter for NBC

Yesterday, Google told Wall Street that its business had “stabilized” during the spring, but it may be one of the only media companies that gets to say that. GE’s NBC Universal, for instance, just posted second-quarter results that were as bad as its first quarter. Jeff Zucker’s TV and movie unit said revenue was down eight percent, and profit down 41 percent for the three months ending June 30; in the previous quarter, revenue was only down two percent, while profit was down 43 percent.
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Grave New World