Posts Tagged ‘telecommunications industry’
Developers Lukewarm On Windows Phone 7

NEW YORK (TheStreet) – While developer interest in Microsoft’s Windows Phone 7 has increased slightly since the software maker announced a partnership with Nokia, many are still lukewarm on the platform.

Since the deal was made public on Feb. 11, 3% of new app projects started were for Windows Phone 7, compared to just 1% in the week before the announcement, according to mobile app analytics firm Flurry Analytics.

New projects for Windows Phone 7 surpassed that of Research in Motion’s Blackberry platform, which accounted for 2% of the projects started in the last two weeks.

Nokia CEO Stephen Elop


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Level 3 Traders Look for Higher Levels

By Pete Najarian, co-founder of OptionMonster

BROOMFIELD, Colorado (OptionMonster) — Level 3 Communications has been enhancing its services, and traders are looking for the tech stock to rise a few levels.

The options have been getting active, and Wednesday OptionMonster’s tracking systems showed heavy buying at $1.50 strike prices. The March 1.50s, for instance, traded in large blocks for 10 cents, 12 cents and 14 cents. There was also big buying in the June 1.50s, though volume was below open interest in that one.


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Dell’s Big Beat: Morning Tech Bytes

NEW YORK (TheStreet) — Dell jumped 6.7% in pre-market trading Wednesday to $14.84 after blowing past Wall Street fourth-quarter profit estimates Tuesday after the bell.

The No. 2 PC maker brought in revenue of $15.7 billion and earnings of 53 cents a share during the period. Analysts were looking for Dell to post sales of $15.72 billion and earnings of 37 cents a share.

Nokia is focused on bringing its handsets to developing nations where large portions of the population is not using the mobile web, CEO Stephen Elop said Wednesday at the Mobile World Conference trade show in Barcelona. The company sees large opportunity in applications like mobile banking, social and mapping, he said.


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