Infineon Shares Plunge 40 Percent on Grim Outlook

More bad news in the chip sector: German chipmaker Infineon’s shares dropped 40 percent today after providing an extremely grim outlook for the fiscal first quarter ending December and for all of fiscal 2009. But the truly horrific part of the story is the outlook. The company sees December quarter revenues down 30 percent sequentially due to revenue decreases in its automotive, wireless solutions and industrial and multimarket segments.

BlackBerry Bold to Rival iPhone in 3G Reception Issues

If misery loves company, then Apple may have a friend in RIM. A Citigroup analyst who has tested the company’s forthcoming BlackBerry Bold claims that the device is troubled by 3G reception woes similar to those plaguing Apple’s new handset. A noteworthy data point, since Bold will initially run on AT&T’s wireless network, just as the iPhone does.

iPhone 3G Available Firmware Update: No Comment

Good thing the iPhone was chosen as Time Magazine’s 2007 Invention of the Year, because a growing chorus of discontent suggests its successor is unworthy of the honor in 2008. Voice and data reception issues have been troubling the device for weeks now and it seems the blame for them lies not with the network carriers, but with Apple itself.