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Microsoft quarterly revenue growth accelerates to 19%, net profit up 44%

2021-04-28 08:32:00| Telecompaper Headlines

(Telecompaper) Microsoft's revenue growth accelerated to 19 percent in its fiscal third quarter to March, for total sales of USD 41.7 billion...

Tags: up net growth microsoft

 

Apple quarterly revenue growth slows to 1% as iPhone, China sales fall

2020-10-30 08:49:00| Telecompaper Headlines

(Telecompaper) Apple reported revenues of USD 64.7 billion for its fiscal fourth quarter to September, up just 1 percent from a year earlier. Growth came from Mac computers and services, offsetting a drop in iPhone sales ahead of the release of new products in October. The company's net profit fell to USD 12.7 billion from USD 13.7 billion on an increase in R&D and other operating costs. 

Tags: sales china fall growth

 
 

Microsoft maintains quarterly revenue growth at 12% on demand for Azure, consumer products

2020-10-28 09:02:00| Telecompaper Headlines

(Telecompaper) Microsoft maintained solid double-digit growth in its fiscal first quarter to September, thanks to demand for its cloud services as well as consumer products. Revenue rose 12 percent year-on-year to USD 37.2 billion, slowing only slightly from 13 percent growth in the previous quarter. Operating profit was up 25 percent to USD 15.9 billion, and net profit jumped 30 percent to USD 13.9 billion. 

Tags: products growth microsoft consumer

 

Ice Group posts 2nd quarterly positive EBITDA, lifts smartphone revenue 19%, holds talks over more funding

2020-08-18 09:54:00| Telecompaper Headlines

(Telecompaper) Norwegian mobile operator Ice Group has announced positive adjusted EBITDA for the second quarter in a row in Q2 2020 and extended its customer base for the 21st consecutive quarter. Smartphone service revenue was up by 19 percent year on year and the operator has a 10 percent market share. It announced talks for more funding and will release details about this once they have reached a conclusion.

Tags: group posts positive 2nd

 

Lenovo quarterly revenue growth slows to 1%, net profit still up 20%

2019-11-07 09:19:00| Telecompaper Headlines

(Telecompaper) Lenovo saw its revenue growth slow to 1 percent in the fiscal second quarter to September, to USD 13.52 billion, as the uncertain economic climate started to weigh on sales. Profits continued to show double-digit growth, on improved margins in the mobile phone, PC and data centre businesses. 

Tags: up net growth profit

 

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