NTT DoCoMo profits fall on stiff cellphone competition
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Japan's top mobile phone operator NTT DoCoMo said its interim sales and profits fell due to stiff competition but forecast higher profitability in the full year.
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Electronics giant Sony has reported a fall in profits, in contrast to strong gains seen by Matsushita and Canon. Sony, which blamed a fall in sales of televisions and portable audio players, saw half-year
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Japan's NTT DoCoMo Inc.  said on Tuesday it expected a gain in operating profit in the next fiscal year after posting a bigger-than-expected 7.4 percent profit decline in the first-half.
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Texas Instruments Inc  reported lower quarterly profit and revenue on Monday as weak demand for calculators outweighed improving sales of advanced phones that use its wireless chips.
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Telecom equipment maker Ericsson  reported lower-than-expected profit and announced sweeping job cuts on Friday as the group hunkered down for what it expects will be a flat market this year.
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NTT DoCoMo, Japan&#39;s dominant mobile operator, is to start selling mobile phones from Nokia and Motorola next year in a bid to reduce its reliance on local manufacturers.
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BellSouth Corp. , the No. 3 U.S. telecommunications company, on Tuesday said its fourth-quarter operating earnings fell due to lower profits from its stake in Cingular Wireless and higher costs in its wireline telephone business.
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NTT DoCoMo reported today that its profit fell 6 percent for the most recent six-month period from a year earlier as price-cutting rivals lured customers away from the company, Japan&#39;s top provider of mobile phone service.
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Japanese stocks edged lower on Wednesday  as investors moved to lock in profits in machinery issues such  as Fanuc Ltd., offsetting gains made by some exporters on solid  earnings by high-profile U.S. firms.
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Nokia OYJ reported a 20 percent drop in third-quarter profits on Thursday, citing disappointing mobile phone sales that will likely put a damper on fourth-quarter results as well.
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Palm Inc , the maker of  Treo cell phones, forecast lower-than-expected revenue amid  tough competition from Research in Motion Ltd's   Blackberry and Apple Inc's  iPhone, sending its shares  tumbling 12 percent on Tuesday.
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NTT DoCoMo Inc  booked a 35 percent gain in quarterly profit as marketing costs dropped, but falling revenues showed the pain of a price war as Japan's biggest mobile phone operator lost ground to nimbler rivals.
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Japan&#39;s stock benchmarks fell, paced by companies tied to overseas sales such as Kyocera Corp. and Canon Inc., as a drop in US shares underscored concern earnings growth in the world&#39;s largest economy is slowing.
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BellSouth Corp. BLS.N, the No. 3  U.S. telecommunications company, on Tuesday said its  fourth-quarter operating earnings fell due to lower profits  from its stake in Cingular Wireless and higher costs in its  wireline telephone business.
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Japanese stocks edged lower on Wednesday as investors moved to lock in profits in machinery issues such as Fanuc Ltd., offsetting gains made by some exporters on solid earnings by high-profile U.S. firms.
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Nippon Telegraph and Telephone Corp., Japan's top telecommunications company, reported a 21.8 percent drop in profit for the April-December period Monday due to declines in voice and fixed-line operations.
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By KOZO MIZOGUCHI  TOKYO - Japanese electronics maker NEC Corp. said Tuesday its net profit dropped nearly 78 percent in the October-December quarter, hurt by sluggish sales of mobile phones and personal computers.