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Alphabet revenues rise 22% in Q4 marked by record contribution from Google Other, higher expenses
2019-02-05 09:00:00| Telecompaper Headlines
(Telecompaper) Alphabet, the parent company of Google, said revenues for the fourth quarter reached USD 39.276 billion, up 22 percent year-on-year or by 23 percent without currency effects. Growth was in line with past quarters. For the operating profit, it slowed a bit, rising 7.0 to USD 8.203 billion. The figure includes USD 9.70 billion generated by Google and a loss of USD 1.33 billion generated by the Other Bets, much higher than the year before's loss of 748 million. The net profit increased to USD 8.948 billion against the loss of 3.020 billion. The result suffered this year from higher interest charges but benefited from lower taxes. The loss the year before was caused by the impact of the Tax Act. Meanwhile, the revenue contribution of Google Other, investments, liquidity and workforce numbers all grew to record levels.
Tags: other
google
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Facebook grows Q4 revenues 30%, net profit up over 60% as user growth undiminished
2019-01-31 08:37:00| Telecompaper Headlines
(Telecompaper) Facebook's fourth-quarter results showed little signs of a slowdown, with revenues up 30 percent year-on-year to USD 16.91 billion. The company's net profit soared 61 percent to USD 6.88 billion, helped by a sharp fall in its tax bill. Operating profit rose a slower 6 percent to USD 7.82 billion, and the margin fell to 46 percent from 57 percent a year ago.
AT&T posts 4% fall in domestic telco revenues in Q4
2019-01-30 14:11:00| Telecompaper Headlines
(Telecompaper) AT&T reported a further fall in revenues from its communications business in the fourth quarter, as it lost customers across postpaid mobile, fixed voice and TV activities in the past year. Operating profit still improved, thanks to cost reductions, and overall group results were up following the growth at WarnerMedia and acquisitions. AT&T confirmed its outlook for 2019, as it looks to use the content and advertising business to restore growth in its telecom operations.
Apple sees 15% drop in iPhone revenues
2019-01-30 01:00:00| Total Telecom industry news
US tech giant, Apple, has reported a 15 per cent drop in revenues from the sale of its iPhone handset, according to the company's own financial report. iPhone revenues for the fourth quarter of 2018 stood at $51.9 billion, down from $61.1 billion during the same period in 2017. Apple was quick to point out that while iPhone sales had slumped…read more on TotalTele.com »
Tags: drop
apple
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revenues
Apple reports iPhone revenues down 15%, sees further decline in Q2
2019-01-29 23:32:00| Telecompaper Headlines
(Telecompaper) Apple reported revenues for its fiscal first quarter to December of USD 84.3 billion, down 5 percent from a year earlier, in line with its warning early this month. Earnings were still up 7.5 percent to USD 4.18 per share, in line with market estimates and driven by lower taxes and fewer shares after the company's buyback programme.
Tags: in
reports
apple
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