Lenovo earnings reveal the damage COVID-19 can inflict
With its main smartphone manufacturing sites situated in Wuhan, Lenovo has been hit hard by COVID-19, spoiling what would have otherwise been a very productive year.
With its main smartphone manufacturing sites situated in Wuhan, Lenovo has been hit hard by COVID-19, spoiling what would have otherwise been a very productive year.
Growing revenues and profits while maintaining the dividend are three things which are not supposed to happen together amid COVID-19, but Vodafone has done it.
An additional 452,000 branded postpaid subscriptions and churn of 0.86% should be enough to put a smile on the face of T-Mobile investors as share price soars 9%.
The Walt Disney company has reported a 29% increase for year-on-year revenues thanks to its streaming bet, but COVID-19 has forced the team to withhold dividend payments.
Hardware sales for Apple have dipped over the last three months, but with services gaining weight and the firm still in the building stages for 5G, few seem to be worried.
Today has seen an avalanche of financials fall on the industry, as Orange, Proximus, Millicom, Ooredoo, Swisscom, Telenet and KPN all release earnings statements.
Samsung has unveiled its quarterly figures for the three months ending March 31, which looked pretty positive, though there has been a dire warning for the rest of the year.
Like many other businesses, NTT Docomo has pointed to COVID-19 for poor financial results, but this is a business which was struggling long before the coronavirus hit Japan.
The content business units of both the US’ AT&T and Nordics telco Telia as spreadsheets were strained during the on-going COVID-19 pandemic.
Spanish tower operator Cellnex has continued down the path of aggressive expansion, launching a new joint venture with Bouygues Telecom and announcing 15% growth at its earnings call.
Deutsche Telekom CEO Tim Hoettges is looking to close the valuation gap between T-Mobile US and its rivals, as the telco revels following a very positive earnings call.
Three months ago the Twitter share price fell off a cliff thanks to a worrisome earnings call, but bad performance does not necessarily mean a bad company.
When looking at the financial results of companies like Google, the question is not whether it has made money, but how much are the bank vaults overflowing.
Comcast managed to misplace 224,000 customers over the last three months, but this oversight was compensated for by the 304,000 net gain in subscribers which Sky brought to the party.
Optical networking company Ciena posted positive results for the first quarter of 2019, with total revenues of $778.5 million beating analyst expectations.
Microsoft’s results demonstrated a continued upward trajectory, with the cloud and gaming units standing out with particularly strong performances.
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30 July 2021 @ 13:17:02 UTC
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