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Samsung makes record profits as HTC posts first ever loss

There’s a sad symmetry to the contrasting fortunes of Samsung and HTC — as the former rises, it seems, the other can only fall. Samsung has announced record profits for the third quarter of the year, while HTC confirmed it had lost money for the first time since going public over a decade ago. Samsung’s estimated profit for the quarter …

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BlackBerry may burn through nearly $2B over next six quarters

BlackBerry may be in even worse shape than previously thought. The company is poised to burn through nearly $2 billion in cash over the next six months, putting its liquidity at risk, according to Pierre Ferragu, an analyst at Sanford Bernstein. He downgraded the stock to “underperform” and placed a price target of $4.50 after a deeper analysis of the …

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