Microsoft and Google post solid growth but still miss expectations
Google’s Q2 2022 results registered 13% growth in revenue, while Microsoft enjoyed a 12% hike, but investor were apparently expecting more.
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earnings
Huawei’s steady decline continues
Chinese vendor Huawei has issued one of its minimal quarterly numbers bulletins and it reveals yet another fall in revenues.
Samsung Electronics set for best profit in years
Despite everything, Korean tech giant Samsung has guided significant year-on-year increases in sales and operating profit for the first quarter.
Huawei somehow made more profit than ever last year
Despite experiencing a 29% drop in revenues, Chinese vendor Huawei managed to almost double its profits in the 2021 financial year.
Nokia upbeat about 2022 after topping last year’s guidance
Nokia said on Tuesday it expects to exceed last year’s margin target, and has high hopes for 2022.
It’s Groundhog Day as TIM issues another profit warning
TIM this week warned that earnings at its domestic business in 2021 will be lower than it had previously forecast.
US tech giants make tons of cash, again
Another quarter, another record haul for America’s technology giants as Apple, Google and Microsoft all report their Q2 numbers.
Telefónica generates cash in Q1, but spends it on spectrum
Telefónica’s first quarter results were all about flat earnings, cash generation and debt-reduction, which is as good a performance as the Spanish telco could have hoped for.
BT numbers disappoint but the future looks promising
UK operator group BT saw its revenues decline by 7% in full year 2020, but there are signs that it’s headed in the right direction.
TIM fixed the fixed in Q4
TIM reported growth in retail fixed lines in the fourth quarter of last year for the first time in 20 years.
Orange’s TOTEM smaller than expected
Orange has finally announced the creation of an independent European towers company but the new business will have fewer assets than we might have expected.
Profits down spending up at BT
BT saw revenues and earnings decline in the nine months to the end of 2020, while spending on fixed and mobile network infrastructure increased.
Nokia unlikely to reward investors anytime soon
Finnish kit vendor Nokia reported flat sales in Q4 2020 and a decline for the full year, and its outlook indicates that trend is set to continue.
US internet giants make another FAAAT load of cash
Facebook, Amazon, Apple, Alphabet, and Twitter have all just published their quarterly numbers and, while fortunes differed, yet more wealth was moved up the food chain.
Cisco shares down 7% on weak outlook
US networking giant Cisco delivered a slightly downbeat earnings announcement, but saw reasons to be cheerful in the mid-term future.
BT loses 7% of revenues to COVID-19
BT has reported its financial results for the three-month period to June 30, with the revenues taking a 7% decline due to the impact of the coronavirus.
Intel shares dive on continued manufacturing woes
US chip giant Intel reported strong revenues for Q2 2020, but a downbeat outlook compounded by its continued struggles with the 7nm process drove its share price down by 12%.
Ericsson shares spike on improved profitability
Despite paying a heavy price for its involvement in the Chinese 5G market, Ericsson’s profitability is headed in the right direction, as is its share price.
Telecom Italia wrestles with Europe’s biggest COVID-19 dent
Telecom Italia (TIM) has released its latest financial results, revealing painful battle scars as European nations continue to fight the coronavirus pandemic.
Twitter plunges to loss thanks to weakened online ad demand
Twitter has been on the rise over the last few years, but the coronavirus pandemic has slammed the brakes on its progress.
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