Webwire: Apple misses earnings estimates; India roam deal "unlawful"

Webwire: Apple misses earnings estimates; India roam deal "unlawful"

Staff writer  |   October 19, 2011
telecomasia.net
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Apple missed analysts' earnings expectations for the first time in years with its September quarter earnings, sending its stock price down nearly 7%, or some $27 billion in market value. But the company expects iPhone 4S sales to lead to a robust current quarter.
 
Indian telecom regulator Trai has determined that the 3G roaming deal between Bharti Airtel, Vodafone and Idea violates license commissions, but has asked the telecom ministry to make the final decision on the matter.
 
RIM has unveiled its new BBX operating system, which incorporates security features from the QNX platform acquired in 2010 into BlackBerry OS.
 
The UAE's Etisalat has reported its third consecutive decline in quarterly profit, with the operator's Q3 net falling 1% year-on-year.
 
Yahoo reported a 26% slump in Q3 net profit to $293.3 million, but the slump was not as bad as analysts had been anticipating, and revenue was in line with estimates.
 
Sources say daily deals site Groupon will commence an IPO roadshow next week, and that the offering is expected to value the company at between $10 billion and $12 billion.
 
NTT DoCoMo is considering raising its smartphone sales target for the fiscal year ending in March 2012 beyond the current 6 million units.
 
Some users of Windows Phone 7.5 are reporting a bug that causes virtual keyboards to randomly disappear, while some early iPhone 4S adopters are complaining of a screen with a noticeable yellow tint and washed out appearance, possibly due to a still-drying layer of epoxy.
Staff writer
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