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Facebook Q4 revenues up 63% on growth in mobile
2014-01-30 08:39:00| Telecompaper Headlines
(Telecompaper) Facebook reported fourth-quarter sales up 63 percent from a year earlier to USD 1.59 billion. Ad revenue rose 76 percent to USD 2.34 billion, of which 53 percent came from mobile services, more than double the share a year earlier. Despite a strong increase in staff and infrastructure costs, Facebook saw its operating profit double year-on-year, to USD 1.13 billion from USD 523 million. The operating margin improved to 44 percent from 33 percent in Q4 2012. Net profit jumped to USD 523 million or 20 cents a share, from USD 64 million or 3 cents a share a year ago. The company generated free cash flow of USD 2.85 billion over the full year and ended 2013 with total cash of USD 11.45 billion. Facebook a further rise in daily active users on the social network, to an average 757 million in December 2013, an increase of 22 percent year-over-year. Mobile daily active users rose 49 percent to 556 million. On a monthly basis, the site had 1.23 billion average users, an increase of 16 percent, and 945 million mobile users, up 39 percent year-over-year.
Tags: mobile
growth
revenues
facebook
Airtel quarterly revenues up 13%, profit more than doubles
2014-01-29 11:17:00| Telecompaper Headlines
(Telecompaper) Bharti Airtel reported fourth-quarter revenues up 13 percent from a year earlier to INR 219.4 billion. EBITDA rose 23 percent to INR 70.9 billion, and net profit more than doubled, to INR 6.1 billion from INR 2.8 billion a year ago. While capex was up 20 percent to INR 28.2 billion, the company still improved operating cash flow by 20 percent to INR 42.7 billion. Revenues in its home market India were up 10 percent to INR 144.4 billion, including 9 percent growth in mobile services to INR 116.4 billion. Mobile EBITDA improved 27 percent to INR 39.7 billion, and Airtel boosted capex by 68 percent year-on-year to INR 13.5 billion as it expands its fibre network and prepares for the launch of LTE. At its international operations in Africa and South Asia, revenues rose 4 percent to USD 1.2 billion, and EBITDA improved 2 percent to USD 306 million. The South Asia activities moved to a positive EBITDA of USD 5 million, and EBITDA in Africa was stable at USD 300 million. Capex across the international activities rose just 3 percent, to USD 174 million. Airtel increased its mobile customer base to 275.25 million at year-end, up 3 percent from the end of September and 10 percent more than end-2012. Mobile voice traffic was up 1 percent on a sequential basis, and non-voice services increased to 26.1 percent of revenues in Q4 from 25.0 percent in Q3.
Tags: than
profit
quarterly
revenues
Why Apples record-breaking revenues and iPhone shipments arent good enough
2014-01-28 16:03:49| Extremetech
Late yesterday, Apple announced record earnings of $57.6 billion for the last quarter of 2013. The company sold a record number of iPhones (51 million), a record number of iPads (26 million), both of which contributed to a very healthy profit of $13.1 billion. By almost every measure of financial success, Apple is doing extremely well. Why, then, on the back of record earnings, did Apple's stock price tumble almost 10%? Why, after being one of the most successful companies in the world for the last 10 years, has its stock price been trending downwards for almost two years? For some reason, despite being one of the most popular, well-known, and desirable brands in the world, nothing Apple does ever seems to be good enough.
Tags: good
enough
revenues
iphone
NEC Showcases Carrier Solutions for Increasing Revenues and Accelerating Service Innovation at ...
2014-01-27 06:00:00| Industrial Newsroom - All News for Today
LONDON and TOKYO - NEC Corporation (NEC; TSE: 6701) is showcasing its portfolio of solutions to help telecom carriers increase service agility, improve revenues and affordably meet rising mobile capacity demands at Mobile World Congress 2014.<br /> <br /> NEC's portfolio of Software-Defined Networking (SDN) and Network Functions Virtualization (NFV) solutions will be a key focus of the show, including demonstrations of the world's first commercially available virtualized Evolved Packet Core ...This story is related to the following:Communication Systems and EquipmentSearch for suppliers of: Network Control Systems |
Tags: at
service
solutions
increasing
Microsoft quarterly revenues increase 14%
2014-01-24 08:34:00| Telecompaper Headlines
(Telecompaper) Microsoft reported record revenue of USD 24.52 billion for the quarter ended 31 December, up 14 percent from a year earlier. The company's operating profit for the fiscal second quarter rose 3 percent to USD 7.97 billion, and net earnings were also up 3 percent, to USD 0.78 per share. The strong sales were driven by the Devices and Consumer unit, with revenues up 13 percent to USD 11.91 billion, and the Commercial division, where sales increased 10 percent to USD 12.67 billion. The Consumer division was led by strong sales of the new Xbox gaming console and double-digit growth in search advertising, while sales of the Surface tablet doubled on a sequential basis to USD 893 million. Microsoft said Windows revenue was down 3 percent, hurt by weak consumer PC sales, but the company saw 12 percent grow in sales of the professional version of the OS. At the Commercial division, it also saw strong demand for SQL Server, System Center, Office 365 and Azure software and cloud services. Microsoft said it gained market share as its products grew faster than the overall enterprise IT market.
Tags: increase
microsoft
quarterly
revenues
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