twice connect

Financial News

4/21/2006 01:31:00 PM Eastern

Nokia Mobile Phone Sales Jump 30%

Helsinki, Finland — Sales in the mobile phone segment at Nokia increased 30 percent in the first quarter, hitting $7.2 billion, up from $5.6 billion in the same three months last year. Net sales increased year-on-year in all regions, with growth in North America the strongest, said the company.

Apple Q1 iPod Unit Movement Soars 61%

Cupertino, Calif. — Unit shipments of Apple Computer iPods jumped 61 percent in the company’s fiscal second quarter, climbing to 8.5 million, compared with 5.3 million a year-ago. This pushed second-quarter iPod revenue 69 percent year-on-year, reaching $1.7 billion for the three months, up from $1 billion in the same time frame in 2005.

LG Digital Display Segment Sales Rise 13.6%

Seoul, South Korea — Strong demand for plasma and LCD digital televisions helped push up first quarter LG Electronics digital display segment sales by 13.6 percent, to $1.5 billion, compared with $1.3 billion in the year-ago period.

Motorola Mobile Phone Segment Sales Soar 45%

Schaumburg, Ill. — Shipments of mobile phone handsets increased 61 percent in the first quarter at Motorola, reaching a record 46.1 million units, and helping the company push up its mobile devices segment sales by 45 percent in the three months, to $6.4 billion, from $4.4 billion in the year-ago period.

Philips Q1 CE Sales Jump 13%

Amsterdam, The Netherlands — Strong sales in connected displays, driven by the accelerating transition from tube TVs to flat-panel displays — as well as strong growth in peripherals and accessories — fueled a 13 percent increase in consumer electronics sales at Philips Electronics in the first quarter, coming in at $3 billion, up from a year-ago $2.6 billion.

Ultra HD OLED TVs In IFA Spotlight

At IFA, all Ultra HD makers are quickly expanding

Jack Wayman, the Father Of International CES

Tributes continue to pour in for Jack Wayman, who

Nationwide PrimeTime 2014

Scenes from Nationwide PrimeTime buy fair held in

ProSource Meeting Filled With Optimism

San Antonio — Optimism reigned at ProSource’s

Ingram Draws 500 To Spring Vendor Expo

Scottsdale, Ariz. — Ingram Micro Consumer