This isn't the first time we have heard such rumors raging through the tubes, but the Financial Times is, more often than not, a super reliable source. Why do you guys care? Well, if this happens to be true—and we won't have to wait long to find out—surely the States will see some price cutting goodness shortly thereafter? [I4U]

They showed a 9.6% year-on-year increase in total sales and revenue (up to ¥2,859 billion or $25.1 billion). Sales of 4.9 million PS3s helped push sales in the Gaming division up 31.2%, while items like Bravia TVs boosted the Electronics division up 10.2%. Sony Pictures, meanwhile, posted a 24.6% drop in sales through reduced revenues in movie and TV markets.

The mighty Finns of Nokia have just released their Q1 2006 report and boy oh boy has business been crazy good in Espoo. If you don't feel like slogging through their numbers, here are a few key facts: their device market share of 35% keeps them on the top of the global leaderboard, net sales in the US have doubled year on year, and the N70 smartphone (at left) is both their highest revenue generator and the world's number one selling 3G (WCDMA) device. Nokia posted a net sales increase of 29% and a 30% increase in mobile sales over Q1 2005.

Q1 2006 [Nokia, via All About Symbian]