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Microsofts Xbox revenues fall, shipments still lag Sony

2015-04-24 21:37:06| Extremetech

While flat sales in a seasonally off-peak quarter aren't bad by any means, they still put the Xbox division well behind Sony, which sold 1.7 million consoles in just January and February.

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DTAC revenues, net profit decline in Q1

2015-04-24 14:19:00| Telecompaper Headlines

(Telecompaper) Thai mobile operator DTAC's total revenues for the first quarter increased by 1.9 percent to THB 22.8 billion, mainly boosted by handset sales and mobile data revenue growth, offset by a decline in voice revenue, the company said. Service revenue decreased 3.6 percent year-on-year to THB 16.7 billion. Handset and starter kit sales rose by 35 percent year-on-year, while voice revenue amounted to THB 7.7 billion, which represents a decrease of 18 percent in the period. Data revenue reached THB 7.4 billion, increasing by 13 percent from the first quarter of 2014.

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Microsoft revenues boosted by smartphones, but profit falls

2015-04-24 02:00:00| Total Telecom industry news

Satya Nadella talks up company's performance in cloud services in fiscal Q3.

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GM revenues hit by Russia and Brazil

2015-04-23 14:49:03| BBC News | Business | UK Edition

US car giant General Motors reports a fall in first quarter revenues, following lower demand from Brazil and Russia.

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AT&T Q1 profits fall on acquisition costs, flat revenues

2015-04-23 07:38:00| Telecompaper Headlines

(Telecompaper) AT&T reported nearly flat revenues for the first quarter, due to tough competition in the mobile market and the sale of some of its wireline activities. Revenues were up just 0.3 percent year-on-year to USD 32.6 billion. If the divested Connecticut wireline properties are excluded, revenues rose 1.2 percent. Operating profit fell to USD 5.5 billion from USD 6.3 billion a year ago, hurt by a rise in costs for reducing staff and merger and integration expenses. Net profit dropped to USD 3.2 billion or USD 0.61 per diluted share, compared to USD 3.7 billion or USD 0.70 per share in the year-ago quarter. This includes 3 cents a share for voluntary employee separations, 4 cents for merger and integration expenses and a 5-cent gain from a tax item. After capital expenditures of USD 4.0 billion, free cash flow totaled USD 2.8 billion. AT&T said it was on track to meet its full-year guidance and close the acquisition of DirecTV in the second quarter. The company also increased the expected cost synergies from the acquisition to USD 2.5 billion per year, compared to an estimate of USD 1.6 billion when the deal was announced last year.

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