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Microsoft quarterly profit falls on handset business costs

2015-04-23 23:01:00| Telecompaper Headlines

(Telecompaper) Microsoft reported earnings down 10 percent year-on-year to USD 0.61 per share in its fiscal third quarter to March, hurt by costs for restructuring and integrating the former Nokia mobile phone business. Microsoft said the USD 190 million in restructuring costs in the quarter took 1 cent off earnings, while the 4 percent rise in its operating costs was also driven by the acquisition of the Nokia operations. This pushed its operating profit 5 percent lower to USD 6.59 billion. The gross margin was still up 1 percent to USD 14.57 billion, and revenues rose 6 percent year-on-year to USD 21.73 billion. The mobile phone business contributed revenue of USD 1.4 billion, and Lumia smartphone shipments rose 18 percent year-on-year to 8.6 million. The company also shipped 24.7 million feature phones in the quarter. 

Tags: business costs microsoft falls

 

Xiaomi announces record handset sales

2015-04-09 02:00:00| Total Telecom industry news

Chinese handset maker sells over 2 million phones in 12 hours via customer festival and secures world record for online sales in 24-hour period.

Tags: sales record announces handset

 
 

Softbank reportedly part of $1bn low-cost handset maker investment

2015-03-30 02:00:00| Total Telecom industry news

Japanese mobile operator heads up investment group looking at buying into India's Micromax, according to media reports.

Tags: part investment maker reportedly

 

Handset Test Tools decode OTA communication.

2015-03-09 13:31:06| Industrial Newsroom - All News for Today

Available for COMPRION's spy and handset test tools, OTA Remote Management Translator helps check data flow between SIM card – as Secure Element within cell phone – and network. Feature enables user to view complete OTA communication. It decrypts and unwraps data packages, sets them to right order of command and response pairs, and translates them into human readable format.

Tags: tools test communication ota

 

Huawei handset shipments hit 138m in 2014

2015-01-28 01:00:00| Total Telecom industry news

Chinese vendor's consumer division sets sights on automotive, IoT sectors.

Tags: hit shipments handset huawei

 

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