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They’re swinging the ax over at Nokia Siemens again. The mobile network equipment maker said today that it plans to reduce its 64,000-strong workforce by up to nine percent in a bid to “improve financial performance and return to growth”–something the joint venture has had a hard time doing since it launched in February 2007.

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2009 semiconductor sales are down from 2008 by nearly record amounts, but they’re improving. That’s the latest word from the Semiconductor Industry Association, which said today that global chip sales rose in September from the previous month–the seventh straight month of gains.

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BoomTown’s week began onstage in front of thousands of chanting women. No, Kara wasn’t filling in for Oprah; she was doing something much cooler.

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Good thing Sprint expects to lose fewer customers this quarter than in previous quarters. Because if the company continues to lose them at its former rate–well, things are going to get even uglier. Reporting a wider third-quarter loss than expected this morning, Sprint said it lost 545,000 wireless customers and 801,000 more in the crucial postpaid category.

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Verizon posted a decent third quarter this morning, besting consensus estimates. Analysts polled by Thomson Reuters had been expecting earnings of 59 cents on revenue of $27.17 billion. Excluding one-time costs, Verizon reported a profit of 60 cents a share on revenue of $27.3 billion.

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$118.49. That’s the price at which Amazon shares closed Friday, a day after the company reported a 69 percent jump in third-quarter profit and a 28 percent gain in revenue. It was a new 52-week high and the stock’s best since December 1999, when it hit $106.68. Which is saying something. Because as you might recall, in 1999, Nasdaq was soaring on the back of the dot-com bubble to levels never before seen.

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According to comScore, Web traffic to Amazon in the U.S. rose 14.8 percent, far outstripping that of overall U.S. Internet traffic, which grew just 3.5 percent. “It appears that Amazon is gaining share the old-fashioned way,” ThinkEquity analyst Ed Weller noted last week, “by acquiring more and more customers…and selling more to each of them.” Judging from the nice gain in third-quarter earnings the company posted after Thursday’s closing bell, that would seem to be the case.

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The econalypse may be winding toward its end, but for Apple it evidently never even started. Shares in the company spiked more than $12, or more than six percent, to $202 in early trading Tuesday as investors celebrated another of the company’s great quarters.

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If newspapers are suffering a death by 1000 cuts, the next 100 will be made at the New York Times. The company today announced plans to reduce its newsroom staff by eight percent by the end of 2009. Cuts will be made by buyout, but the company will resort to layoffs should its hand be forced.

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Looks like AMD has benefited from the same favorable PC updraft that’s lifting Intel. On Thursday, the chip maker reported a narrower third-quarter loss than expected, thanks to “strong demand” for its microprocessors and graphics chips.

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Some words of reassurance for econalypse-addled entrepreneurs worried about an exit strategy: Google really is in a buying mood again. Discussing the company’s latest earnings on a conference call Thursday, CEO Eric Schmidt said Google is looking for businesses to buy, perhaps even big ones.

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IBM continues to be one of the econalypse’s success stories. This afternoon, the company beat analyst expectations, posting a third-quarter profit of $3.2 billion, or $2.40 a share, on revenue of $23.6 billion. Net income was $3.2 billion, up 14 percent from year-ago earnings of $2.8 billion.

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The broader advertising recovery may take time, but search advertising is clearly beating a hasty path back toward normalcy. Or it is in Google’s case anyway. Reporting third-quarter results after market close Thursday, the search giant posted revenue of $5.94 billion, an increase of seven percent compared to the third quarter of 2008.

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Nokia CEO Olli-Pekka Kallasvuo says the demand for mobile devices improved in many markets during the third quarter–but you wouldn’t know it to look at the company’s earnings. This morning, Nokia posted an unexpected 559 million euro ($836 million) loss for the period, its first in a decade. Worse, its smart-phone market share declined to 35 percent from 41 percent in the previous quarter.

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