Google makes ludicrous amounts of money from advertising and cloud sales
Alphabet, as it’s technically called, recorded a measly $75.3 billion in revenue for Q4 2021 – a 32% year on year jump.
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financials
Microsoft rakes in massive revenues thanks to cloud boom
Microsoft’s most recent quarterly revenue clocked in at an astonishing $51.7 billion – a 20% jump which was propelled largely by Azure and other cloud services.
Eurobites: Deutsche Telekom raises full-year guidance on back of Q2 uplift
Also in today’s EMEA regional round-up: Eir plans gigabit expansion in Ireland; MTN enjoys mixed H1; Nokia in smart grid trials.
Eurobites: Telecom Italia orchestrates quantum comms demo at G20
Also in today’s EMEA regional round-up: Paramount+ streaming service heading for Sky platforms; Saudi Telecom Company’s Q2 impresses; Virgin Media slide-tackles BT and Sky over TV soccer coverage.
Eurobites: BT boosts security offering for homeworker army
Also in today’s EMEA regional round-up: Swisscom on a roll in H1; Brits watching even more telly in lockdown; UK operators get to grips with 5G.
Three UK hails ongoing momentum in H1
Revenue at the UK-based operator increased 5% in the first six months of the year, but prepaid customer growth and roaming remain areas of concern.
New subs bolster T-Mobile’s quarter, again
T-Mobile USA reported a strong Q2, which the company attributed to growth of its subscriber base, outgrowing its direct competitors AT&T and Verizon.
Are we seeing the beginning of the end of big tech’s good pandemic in Amazon’s quarterly?
Amazon has delivered another solid quarter, but the numbers fell short of market expectations. When looked together with the latest financial results from other big tech companies, it is tempting to ask if the pandemic bonus is coming to an end.
Eurobites: Pain in Spain punches hole in Orange’s Q1
Also in today’s EMEA regional results-fest round-up: Telefónica’s Q2 boosted by Virgin Media O2 merger and Telxius deal; BT’s fiscal Q1 dented by corporate and public sector struggles; Cellnex puts in a towering performance in H1.
SK Telecom and Microsoft to offer cloud gaming experience to Xbox Pass holders
South Korean operator SK Telecom will officially launch cloud gaming for Xbox Game Pass Ultimate users on its networks, riding on the operator’s 5G cloud infrastructure.
Amazon reports the best quarter ever amid global crisis
Amazon grew revenues by 40% and doubled net profit during the second quarter, while large parts of the world were in lockdown.
Samsung boosted by increased online life during lockdown
Samsung Electronics’ solid Q2 has benefited from strong demand for semiconductors by datacentres and PC markets to satisfied online activities that have surged during COVID-19 crisis.
Huawei posts year-on-year gains, but commercial prospects look limited
Huawei has posted its financial results for the first half of 2020 with year-on-year increases across the board as total revenues exceed $64 billion.
TV takes a bite out of AT&T and Telia financials
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.
Netflix reports surge in subscriptions and revenues thanks to COVID-19
As expected, Netflix has experienced a material benefit from many societies being placed under lockdown thanks to the on-going coronavirus pandemic.
Ericsson CEO says company ‘not materially affected’ by coronavirus
Swedish kit vendor Ericsson is doing its AGM remotely today coz of coronavirus and CEO Börje Ekholm offered a general update ahead of it.
Italy proves problem child for Three Europe with 12% subs decline
Aside from Italy, subscriptions grew slightly across the Three European footprint, though a 17% increase in total revenues should be taken with a pinch of salt.
Fitbit financials tumble but that might not worry Google
Fitbit might not be the profit bonanza it once was, but with sales increasing it offers Google another interface to collect data and launch new services.
Amazon and Microsoft are proving to be a different class in the cloud game
Amazon and Microsoft have unveiled bumper financial results and now it is over to Google to prove it can keep pace with the two clear leaders in the cloud segment.
ZTE gains confidence on the back of solid earnings growth
Perhaps ZTE has just been enjoying an uncomfortable silence and expensive milkshake in recent months, but with its financials for the first half of 2019 are screaming for attention.
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