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.
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.
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.
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 Technologies has reported its financials for the third quarter of 2018, with few complaining over 15% revenue growth to $22.5 billion.
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.
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.
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 results demonstrated a continued upward trajectory, with the cloud and gaming units standing out with particularly strong performances.
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.
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.
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.
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.
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.
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.
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.
China Mobile has reported its numbers for the quarter ending March 31, and surprise surprise, it has grown even bigger once again.
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 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.
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 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.
Amazon Web Services (AWS) appears to be ramping up its efforts to convince more telcos that public cloud is the fut hhttps://t.co/wvA5z5bTLE
26 January 2023 @ 16:55:09 UTC
Advanced #AI services may be coming for content creators' jobs, but they will also be free to busy themselves with hhttps://t.co/HoI8m81MnR
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Millicom has confirmed that it is holding talks with Apollo Global Management and Marcel Claure's investment outfit hhttps://t.co/tnzKDiWw2Y
26 January 2023 @ 13:31:20 UTC