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Palm’s phone sales slump and its stock dives

NEW YORK (AP) — Palm Inc. reported sales figures Thursday that showed it’s having a difficult time getting consumers to pay attention to its phones in a market dominated by iPhones and BlackBerrys. The company’s shares plunged in after-hours trading…. Original post:  Palm’s phone sales slump and its stock dives  Read More →

Electronic Arts shares dive on weak outlook

NEW YORK (AP) — A disappointing outlook from Electronic Arts Inc. sent shares of the video game publisher sharply lower Monday, a sign that significant cost-cuts and layoffs have not ended the company’s slump…. Original post: Electronic Arts shares dive on weak outlook  Read More →

Sony Ericsson Q4 loss narrows 9 percent

STOCKHOLM (AP) — Mobile phone maker Sony Ericsson on Friday said its loss in the fourth quarter narrowed 9 percent from a year ago to euro167 million ($235 million), as improved margins and lower costs offset a slump in sales…. Go here to read the rest:  Sony Ericsson Q4 loss narrows 9 percent  Read More →

Nintendo profit dives, others in red amid slump

TOKYO (AP) — Brandname Japanese technology companies, including Nintendo, reported dismal earnings Thursday with Sharp emerging an exception in doubling profits on brisk sales of flat-panel TVs in China, Japan and the U.S…. Original post: Nintendo profit dives, others in red amid slump  Read More →