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Verizon beats earnings estimate, revenue misses
2015-07-21 16:18:55| Telecom - Topix.net
Verizon grew its wireless and FiOS Internet businesses to a successful second quarter of 2015, the telecom company said Tuesday. Verizon beats earnings estimate, revenue misses Verizon grew its wireless and FiOS Internet businesses to a successful second quarter of 2015, the telecom company said Tuesday.
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Huawei's H1 smartphone revenue doubled in China - source
2015-07-21 15:39:50| Semiconductors - Topix.net
HONG KONG/BEIJING: Huawei Technologies Co Ltd doubled its China smartphone revenue in the first half of this year, defying a slowdown in the world's biggest handset market that is enveloping rivals Xiaomi Inc and Samsung Electronics Co Ltd. The fourth-largest smartphone maker globally missed shipment targets for two years, but a focus shift to high-margin premium models has brought into range its goal of moving 33 percent more handsets than 2014, said a person with knowledge of the matter.
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Huawei's H1 smartphone revenue doubled in China
2015-07-21 15:39:49| Semiconductors - Topix.net
Huawei Technologies Co Ltd [HWT.UL] doubled its China smartphone revenue in the first half of this year, defying a slowdown in the world's biggest handset market that is enveloping rivals Xiaomi Inc [XTC.UL] and Samsung Electronics Co Ltd at the high-end of the market, where analysts said an increasing number of previously price-conscious Chinese consumers are willing to spend their money. In contrast to Huawei, overall smartphone shipments in China shrank for the first time in six years in the first quarter, and one-time leader Xiaomi booked its first fall in sequential semi-annual sales, saying the domestic market is nearing saturation.
Tags: china
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More Subscribers Boost Verizon Revenue
2015-07-21 14:27:51| IT Services - Topix.net
Verizon Communications Inc, the biggest U.S. wireless service provider, reported a 2.4 percent rise in quarterly revenue as it added 1.1 million postpaid wireless subscribers ahead of the launch its online video service. Net income attributable to Verizon was $4.23 billion, or $1.04 per share, in the second quarter ended June 30, compared with $4.21 billion, or $1.02 per share, a year earlier.
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Verizon profit edges higher, revenue misses
2015-07-21 14:27:50| IT Services - Topix.net
Verizon Communications Inc.'s profit edged in above Wall Street expectations in the second quarter, while its subscriber growth was again propped up by tablet additions. The wireless carrier said it added 1.1 mainstream wireless subscribers in the quarter, coming in above the 1.06 million net additions analysts at Wells Fargo had expected.
Tags: higher
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