Netflix doubles profit but Wall Street not very happy
Netflix has increased its annual revenues by 35% and doubled profits over the course of 2018, but that didn’t prevent a 3.8% share price drop in overnight trading.
Telecoms.com
financials
The HTC fall from grace is quite remarkable
In years gone, HTC was one of the most successful and sought-after smartphone brands worldwide, but time has not been kind for the Taiwanese firm as financials for 2018 emerge.
Apple points finger at China for financial woes
It seems the anti-China sentiment is pretty infectious as Apple pins the blame for the company’s shrinking bank account on the miserly consumers hiding behind the Great Wall.
Dell flies through Q3 with 15% revenue growth
Dell Technologies has reported its financials for the third quarter of 2018, with few complaining over 15% revenue growth to $22.5 billion.
Softbank is now more of a VC than a telco group
Back in 2016 when Softbank CEO Masayoshi Son announced plans for the $100 billion Vision Fund it looks like a ludicrous plan, but with such incredible growth perhaps we should ask whether Son has been missing his calling for decades.
Apple shares fall 5% on weak forecast
With Apple pointing the finger at fluctuating currency, poor performance in emerging markets and supply issues, its busiest quarter might not be as busy as investors had hoped.
Chip division continues to carry Samsung
Samsung has released its quarterly numbers, and while it is an improvement on the last quarter, the business is seemingly being propped up by a surging semiconductor unit.
Microsoft’s resurgence continues, driven by strength in cloud and gaming
Microsoft’s results demonstrated a continued upward trajectory, with the cloud and gaming units standing out with particularly strong performances.
Cisco investor fears of ‘melting ice cube’ are wrong – analyst
Despite reading off positive results for the last three months, it seems investors are still worried about how much influence Cisco can have in the digital economy. But investment bank Jefferies think they are all wrong.
BT to make 13k redundancies and restructure supply chain in transformation bid
Alongside full-year earnings which saw the telco’s revenue decline by 1%, BT has announced 13,000 jobs will be heading to the chopping block, while its supply chain has also been lined up for a shake down.
Virgin Media tries to steal the limelight from Global Media
Liberty Global offloading non-core assets isn’t the only bit of news coming out of the offices today as Virgin Media’s Project Lightning continues to defy its name.
DT shrinks and CEO lays out battle plan for Vodafone/Liberty Global merger
Deutsche Telekom has reported a year-on-year decline of 3.9% in total revenues for the first quarter of 2018, and CEO Tim Hoettges has firmly set out his opinions on the Vodafone/Liberty Global merger; he doesn’t like it.
Fitbit struggles epitomise uphill climb for wearables
Declining revenue for fitness tracker brand Fitbit is a perfect example of the fight the wearables segment faces in the battle to remain relevant in the super-connected era.
Jio looks strongest in India survival game
Reliance Jio has continued its march to the top of the Indian telco rankings, reporting another quarter of monstrous growth adding another 26.5 million new customers.
Tele2 points optimistically towards acquisitions
Swedish telco Tele2 has promised there is much to be optimistic about, directing investor attention towards acquisitions and away from the mixed bag of financial results for the first quarter of 2018.
World’s biggest MNO grows again
China Mobile has reported its numbers for the quarter ending March 31, and surprise surprise, it has grown even bigger once again.
Three looks to dispel cheap reputation with CAPEX boost
Three has released the numbers for 2017 and the are pretty impressive, especially CAPEX, where it has outspent the majority of the industry.
China Unicom triples profit across 2017
China Unicom has released its financials for 2017 and it is looking like a money making machine again. Revenues were up marginally, profit tripled and free cash flow grew 1628% compared to the previous 12 months.
Iliad profits grow as it looks across to Italy
It’s easy to get distracted by the whole Vivendi/TIM saga, but Iliad is another French business looking towards the land of pizzas, Vespas and slicked back hair for future fortunes.
O2 plugs 5G but will it be more false promises?
O2 might be lagging behind when it comes to 4G performance, but its hoping to get ahead of the pack with the launch of a 5G test bed at The O2 in North Greenwich later this year.
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