Sprint on Thursday reported greater than expected losses in the second quarter despite modest revenue growth. The nation’s No. 3 carrier pulled in $8.3 billion in its June quarter, up 4% from the same quarter a year prior, but it wasn’t enough to bring the company back into the black. Sprint’s net losses in the second quarter totalled $827 million, 11% worse than the $760 million loss it reported in the second quarter of 2010. On the bright side, however, those losses include $588 million in...

LG on Wednesday reported second-quarter earnings that showed notable growth, though the consumer electronics giant still hasn’t found a way to return its mobile business to profitability. The company’s revenue for the quarter reached KRW 14.4 trillion (U.S. $13.3 billion), up 9.3% sequentially. Following two straight quarters of losses, LG reported a net profit of KRW 108 billion (U.S. $99.6 million) in the second quarter thanks to solid TV sales and cost-cutting efforts. The company’s ope...

Things aren’t looking so pretty at Sony Ericsson as the handset maker a little while ago posted its fourth-quarter earnings showing a loss of $270 million, pre-tax. Of course, this should come as no surprise to anyone since SE’s earnings reports the past few quarters, six to be exact, were just as disappointing. The company also recently had major layoffs and restructuring the past few months. However, SE is remaining cautiously optimistic for 2010. While other manufacturers are expecting a big ri...

As sad as it is, it should be no surprise to anyone that theft is a pretty regular occurrence in the electronics industry. Though most mobile retailers take plenty of measures to prevent losses, it’s not possible to keep it from happening 100% of the time. When you’re dealing with third-party retailers and authorized dealers it really becomes difficult to keep all inventory safe as the carrier. So, Rogers is allegedly going to begin taking advantage of an EIR, or Equipment Identity Register, which...