The world's largest mobile phone maker isn't recession-proof, as sales -- and demand -- takes a nose-dive. Earnings for the world's largest cell phone maker plummeted to €122 million -- down from €1.2 billion a year earlier -- on a decrease in revenue that saw Nokia's (NYSE: NOK) sales drop from €12.6 billion to €9.2 billion compared to a year ago. On a per-share basis, Nokia reported a €0.03 profit, down sharply…
Читать дальше Nokia Earnings Plummet 90% as Demand Sours

Chip giant says the bottom has been reached on declining sales, but they aren't ready to bounce up yet. The tech industry had been looking to Intel, the world's largest chipmaker, for a sign that the worst of the downturn may be past. They aren't likely to be disappointed. Intel (NASDAQ: INTC) today reported first quarter net income of $647 million and earnings per share (EPS) of 11 cents on revenue of…
Читать дальше Intel Indicates the Worst Is Over - Maybe

Revenues inch upward as Otellini declares the sales plunge has finally bottomed out. Tech industry insiders had been looking to Intel, the world's largest chipmaker, for a sign that the worst of the downturn may be past. They aren't likely to be disappointed. Intel (NASDAQ: INTC) today reported first quarter net income of $647 million and earnings per share (EPS) of 11 cents on revenue of $7.1 billion. That revenue was slightly…
Читать дальше Intel Beats Expectations, Barely

eBay's new dispute resolution process may anger sellers over refund reimbursement clause. eBay today announced it will take a more active role in resolving transaction disputes between buyers and sellers and start directing buyers to eBay directly, rather than sending complaints to PayPal, the company's online payment unit. The news comes during a time when eBay is currently shifting its marketplace focus from online auctions to more fixed-price sales, in attempt to keep pace with rival Amazon (NASDAQ: AMZN), and recently opened up a new seller system called Large Merchant Services for high-volume catalog sellers.…
Читать дальше eBay to Referee Customer Disputes