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Mobile app revenue growth set to slow - IDC

2016-05-11 02:00:00| Total Telecom industry news

In 2015, mobile device users installed nearly 156 billion mobile applications worldwide.

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Tata Motors expects 10-12% growth in defence exports' revenue annually

2016-03-17 05:00:49| Automakers - Topix.net

Tata Motors said it expects a 10-12% yearly growth in revenue from defence exports in the next few years. Exports currently constitute 15% of the company's overall defence revenue, and is likely to grow at 10-12% per annum in the future, Tata Motors Vice-President for defence and government business, Vernon Noronha, told reporters here.

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Vodafone organic service revenue growth improves to 1.4%

2016-02-04 08:35:00| Telecompaper Headlines

(Telecompaper) Vodafone Group confirmed its full-year outlook after reporting a small improvement in underlying growth rates in its fiscal third quarter. In the three months to December, the operator's organic revenues rose 2.6 percent year-on-year, excluding exchange rate effects and any acquisitions or divestments. Service revenues were up up 1.4 percent on an organic basis, better than the 1.0 percent growth in the previous quarter. In Europe, organic revenue was still down 0.6 percent, while the Africa, Middle East and Asia Pacific region increased revenue 6.5 percent on an organic basis. Vodafone's reported revenues were still down 5.5 percent to GBP 10.283 billion due to forex effects, and service revenue declined 6.3 percent to GBP 9.169 billion. In Europe total revenues fell 7.1 percent to GBP 6.038 billion, and AMAP revenues were down 3.6 percent to GBP 2.926 billion on a reported basis. 

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Growth outside Europe pushes Vodafone revenue up

2016-02-04 01:00:00| Total Telecom industry news

Telco affirms full-year guidance but says competitive and regulatory challenges remain.

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Apple revenue growth slows to 2% in latest quarter

2016-01-26 23:30:00| Telecompaper Headlines

(Telecompaper) Apple reported revenues for its fiscal first quarter to December 2015 up just 2 percent year-on-year to USD 75.9 billion. The sales were at the low end of its forecast of USD 75.5-77.5 billion. Apple blamed the slower growth on the strong US dollar, saying revenues would have risen 8 percent at constant exchange rates. At constant rates, revenues were up 18 percent in Europe and 17 percent in greater China, while falling 1 percent in the Americas and 4 percent in Japan. The company's net profit rose to USD 18.4 billion or USD 3.28 per share, from USD 18.0 billion or USD 3.06 per share a year earlier, and Apple maintained its quarterly dividend at 52 cents a share. While Apple said it set a new record for iPhone sales in the quarter, after the launch of the iPhone 6s in September, unit sales of the smartphone were unchanged year-on-year at 74.78 million and revenues were up just 1 percent compared to the same quarter a year earlier. iPad sales fell 25 percent year-on-year to 16.12 million, and sales of Mac computers were down 3 percent over the same period to 5.31 million units. For fiscal Q2, Apple forecast a sharp slowdown in sales to USD 50-53 billion and a gross margin of 39.0-39.5 percent compared to 40.1 percent in Q1. 

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