Siemens warns fourth-quarter earnings to be hit by mobile phone ...
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MUNICH, Germany : German electronics giant Siemens said that financial burdens connected with a technical fault in its new mobile phone handsets were likely to reduce earnings in the final quarter of its business year ending in September.
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By Anna Marie Kukec Daily Herald Business Writer  Goodbye, analog.  Or shall we say, good riddance? At least that could be what executives at the mobile phone service providers are thinking.
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Texas Instruments Inc. TXN.N, the  world's largest maker of chips for cell phones, on Tuesday said  it expects fourth-quarter revenue and earnings per share at the  mid range of its previous estimates, as order trends remain  soft.
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Alcatel-Lucent warned Thursday that after talks with North American mobile operator clients about their spending plans, third quarter sales growth was expected to be weak and would &quot;negatively impact&quot; profitability.
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German engineering giant Siemens posted solid fourth quarter results Thursday, but a shadow clouded the presentation as it admitted 1.3 billion euros (billion dollars) in dubious transactions in its accounts.
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Palm warned that its upcoming earnings report could be weaker than expected.
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German electronics giant Siemens said that financial burdens connected with a technical fault in its new mobile phone handsets were likely to reduce earnings in the final quarter of its business year ending in September.
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The choice between a bracing bank holiday walk or an afternoon in front of the television will soon be a thing of the past. Mobile phone owners are being targeted by a company that has developed technology
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Mobile phone tunes are considered by  many to be a curse of modern life, but for users of some  Siemens handsets they could be a positive hazard to health, the  German engineering giant warned on Thursday.
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p2pnet.net News:- Defects in Siemens 65 series mobile phones could cause deafness, says the company. &quot;In extreme cases, this volume could lead to hearing damage.
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The company warned that the recovery in its struggling cell phone unit will take longer than expected. Its shares fell more than 8 percent in premarket trading.
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Siemens AG, maker of big-ticket industrial goods such as power generators and streetcars, saw profits fall 10 percent in its most recent quarter, the company said Thursday, as its mobile phone and transportation businesses posted losses.
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Sprint Nextel, the No. 3 U.S. mobile service, said it will cut about 4,000 jobs and predicted further pressure on its ability to turn a profit in 2008.
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Motorola Inc.  on Wednesday warned of a second-quarter loss and said it no longer expected its mobile phone business to be profitable this year, blaming weak sales in Asia and Europe.
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Siemens AG, Germany s largest engineering company, said fourth-quarter profit fell because of costs related to design faults in trains and a software bug in mobile phones.
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Texas Instruments Inc., the world's largest maker of chips used in cellular phones, expects third-quarter earnings to come in on the higher end of a range it had previously forecast.
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FRANKFURT: German phone maker Siemens could see a dent in its mobile handset sales and may post a loss in the unit after it halted sales of faulty models that have a sharp ringtone sparking fears of hearing damage, it said yesterday.