Electronics, Cell Phone | featured news

Google has designed a cellphone it plans to sell directly to consumers next year.

The world's biggest cellphone maker has seen its share of the U.S. market slide to 7 percent from a peak of 35 percent, but it is now trying to turn around.

US technology giant Apple posts a better-than-forecast rise in quarterly results, thanks to strong iPhone sales.

The electronics maker reports $1.21 billion in net income, or $1.33 a share, on $8.16 billion in sales that include 11 million iPods, up 3% from the year-ago period, and 3.79 million iPhones, up 123%.

Tighter spending across the globe, and especially in China, have hit the world's biggest cellphone maker.