Makers of phones and tablet computers have begun releasing results for the latest quarter. Many companies including Nokia and Research in Motion have been struggling to compete with Apple and manufacturers of devices running Google's Android software. Here's a look at how makers of phones and tablet computers are doing.
? Thursday: Google Inc. says its Motorola Mobility device-making business suffered an operating loss of $527 million, more than tripling from the same time last year, when it was still an independent company. Google is planning job cuts at Motorola, but says it still could take a few years for Google to turn that business around.
Nokia Corp. reports that its third-quarter net loss widened further to ?969 million ($1.27 billion) with a 19 percent plunge in revenue, as it struggles against the dominance of Samsung and the iPhone in the tough smartphone market. Nokia gave a grim outlook for the rest of the year as it prepares for this fall's launch of Microsoft Corp.'s new phone software, Windows Phone 8. The Finnish firm acknowledges it expects no quick gains from the new Windows launch.
Coming up:
? Thursday: Apple Inc., Amazon.com Inc.
? Friday: Samsung Electronics Co
? Nov. 1: Sony Corp.
? Dec. 20: Research in Motion Ltd.
Source: http://news.yahoo.com/makers-phones-tablets-faring-145513655--finance.html
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