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Apple grows revenues 1% as services expansion offsets lower iPhone sales

2019-07-31 08:23:00| Telecompaper Headlines

(Telecompaper) Apple reported revenues up 1 percent year-on-year to USD 53.8 billion in its fiscal third quarter to June, in line with its outlook and led by record revenue from services. Quarterly earnings fell 7 percent to USD 2.18, but were better than market expectations. 

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Apple sales rise while iPhone revenues dip

2019-07-31 00:02:25| BBC News | Business | UK Edition

Third quarter sales rose 1% to $53.8bn, but net profit dropped 13% to $10bn.

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Inwit first-half revenues up 3.7% ahead of merger with Vodafone Towers

2019-07-30 08:55:00| Telecompaper Headlines

(Telecompaper) Telecom Italia's tower unit Infrastrutture Wireless Italiane (Inwit) reported revenues of EUR 195.9 million in the six months to 30 June, up 3.7 percent year on year, ahead of its merger with Vodafone Italia's towers subsidiary to create what will eventually become Italy's biggest tower company. Net profit for the period was down 1.3 percent to EUR 69.2 million, while comparable EBITDA was EUR 112.5 million, up 4.6 percent.

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Orange sees strong growth in MENA, as Group revenues nudge up in Q2

2019-07-26 02:00:00| Total Telecom industry news

Orange Group has seen its revenues for the second quarter of 2019 grow by 0.5 per cent, which was driven by a strong performance in the Middle East and Africa business unit. Group revenues stood at €10.338 billion, with revenues in the Middle East and Asia unit increasing by 5.8 per cent, while growth in Europe remained more modest. Revenues in Orange's home market of France grew by 0…read more on TotalTele.com »

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Alphabet and Amazon rake in higher revenues

2019-07-25 23:46:52| BBC News | Business | UK Edition

The tech giants have both reported around 20% growth in revenues as regulators scrutinise market dominance.

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