While many mobile devices makers, such as Apple and Samsung, are seeing record sales and ever-increasing revenues, Canadian firm Research In Motion are in the midst of a pronounced downward slide, which has today seen them announce a management restructuring and large-scale redundancies totalling around 11% of their workforce.
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Ericsson has unveiled its financial results and, although the world’s largest network equipment maker had reported a decline in sales in North America, Latin America’s sales increased 17% year-over-year and …
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Telefónica Peru confirmed its plan to invest US$ 1.5 million in the country during its financial results. According to a statement, investments from Spanish Telefónica group increased 13% in first …
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Nokia has been having a hard time of it recently. The firm’s floundering smartphone products have been almost completely eclipsed by efforts from Apple and Google, and now the once-king of the handset finds itself shedding marketshare at an alarming rate.
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Net income for the second quarter at Mexican fixed line incumbent Telefonos de Mexico SAB fell 11.8% from the year-ago period. Telmex’s revenue also dropped 2.9% from the year-ago period …
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América Móvil’s net profit (earnings) of 24.1 billion pesos (US$ 2.1 billion) increased 14.1% in the second quarter of 2011, compared to the same period year earlier. Earnings were equivalent …
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Yesterday Apple held their quarterly earnings call to announce their revenues for the last three months and, somewhat unsurprisingly, they managed another quarter or massive growth, huge profits and all-round good times.
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Alfa and AT&T Inc. announced on July 12 that Alfa had finalized its purchase of AT&T’s 49% stake in Mexican telecom company Alestra. The transaction was originally announced in April …
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Alfa and AT&T Inc. announced on July 12 that Alfa had finalized its purchase of AT&T’s 49% stake in Mexican telecom company Alestra. The transaction was originally announced in April …
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DigiTimes | July 11, 2011 | Ninelu Tu, Adam Hwang Taiwan-based EMS provider Foxconn (Hon Hai Precision Industry) had non-consolidated revenues of NT$228.401 billion (US$7.9 billion) for June growing by …
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DigiTimes | July 11, 2011 | Monica Chen, Adam Hwang Taiwan-based vendor Asustek Computer generated non-consolidated revenues of NT$28.260 billion (US$978 million) for June, a 16-month high, while ODM Pegatron …
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RIM’s continued slowdown was laid bare in the company’s quarterly earnings call yesterday, where the Canadian smartphone maker dished out their latest figures, which included lower-than-expected revenue, and bad news for those looking for a 4G Playbook.
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Reuters | May 26, 2011 | Hyunjoo Jin (Reuters) – KT Corp , South Korea’s top telecom firm, said on Thursday that it and its affiliates aimed to generate nearly half …
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Reuters | May 26, 2011 | Hyunjoo Jin (Reuters) – KT Corp , South Korea’s top telecom firm, said on Thursday that it and its affiliates aimed to generate nearly half …
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Telefonica | May 13, 2011 | Press Release The Company’s commercial focus on higher-value customers led to an 6% increase in the customer base to 290 million accesses, with significant improvements …
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Telefonica’s revenues rose 10.8% in the first quarter of 2011 and the group confirms full-year guidance
by Sandra Cuyaby Sandra CuyaTelefonica | May 13, 2011 | Press Release The Company’s commercial focus on higher-value customers led to an 6% increase in the customer base to 290 million accesses, with significant improvements …
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In News Corp.’s quarterly earnings call yesterday there was good and bad news for the media giant – although mostly bad. TV revenues grew, movie revenues were reasonable, however Murdoch’s online division, which includes the likes of MySpace and The Daily, lost a massive $165 million in the first three months of the year.
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The Hindu | April 27, 2011 Wipro on Wednesday announced that it had posted consolidated revenues of Rs.31,099 crore, an increase of 15 per cent over the previous year. The …
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Press Release: Huawei Reports FY10 Revenues of CNY185.2 Billion, Up 24.2%; Net Profit of CNY23.8 Billion, Up 30.0%
by Sandra Cuyaby Sandra CuyaHuawei | April 18, 2011 | Press Release A key focus on the expansion of enterprise and device businesses [Shenzhen, China, 18 April, 2011] Huawei Technologies Co. Ltd. (“Huawei”), a …
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Hot on the heels of Google’s earnings call at the beginning of the week, today was Apple’s turn to publish their figures and, surprise surprise, they beat expectations and sold a whole load of bushed aluminium to mobs of doe-eyed consumers.
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Yep, it’s quarterly earnings season again. Google are usually first out of the gate with their numbers, and as expected they dished the dirt yesterday on the absolutely obscene amounts of money they’ve been making across the board. However the announcements were marred slightly by Google not managing to match analysts’ forecasts.
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Reuters | April 12, 2011 | Bharghavi Nagaraju (Reuters) – India’s top three technology firms are likely to post strong quarterly profit and indicate robust revenue growth for the year ending …
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The Australian | February 7, 2011 | Mitchell Bingemann TELSTRA will this week reveal that the rot in its fixed telephony business has continued to drag down earnings, but analysts …
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Sony shares advance after third-quarter earnings exceed analyst estimates
by Sandra Cuyaby Sandra CuyaBloomberg | February 4, 2011 | Mariko Yasu Sony Corp. rose the most in more than a week in Tokyo trading after Japan’s largest exporter of electronics reported third-quarter profit …
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The Edge Malaysia | February 2, 2011 KUALA LUMPUR: RHB Research Institute said Axiata’s 67%-subsidiary, XL Axiata (XL) full year FY10 core net profit of Rp 3,035 billion (+>100% on-year) …