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Nokia sees smartphone sales, profits plunge in Q4

2014-01-23 16:16:51| Wireless - Topix.net

Nokia Corp. said Thursday its overall business suffered a net loss of 25 million euros in the October to December period, with smartphone sales plunging 29 percent.

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Nokia sees smartphone sales, profits plunge in Q4

2014-01-23 15:43:29| Telecom - Topix.net

Nokia Corp. said Thursday its overall business suffered a net loss of 25 million euros in the October to December period, with smartphone sales plunging 29 percent.

Tags: sales nokia sees profits

 
 

UK: AG Barr's FY on track after 'strong' Q4

2014-01-23 09:00:00| Daily beverage news and comment - from just-drinks.com

AG Barr has said it expects full-year sales growth of around 6%, in line with its forecasts, after a "strong" final quarter.

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M1 revenues fall on lower handset sales in Q4

2014-01-21 00:07:00| Telecompaper Headlines

(Telecompaper) Singaporean communications provider M1 reported a net profit of SGD 40.5 million for Q4, up 7.1 percent from SGD 37.9 million in the year-ago quarter. However, operating revenues were down 14.9 percent to SGD 278.6 million from SGD 327.4 million a year earlier. Handset sales slumped 46.3 percent to SGD 71.6 million. EBITDA fell 2.1 percent to SGD 79.1 million. M1 said it ended 2013 with 2.11 million mobile subscribers, up by 35,000 over the year.

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ZTE returns to FY profit after strong Q4

2014-01-20 12:01:00| Telecompaper Headlines

(Telecompaper) ZTE reported a sharp improvement in profitability for the fourth quarter and full year. The Chinese equipment maker said it expects to report an annual profit of CNY 1.2-1.5 billion for 2013, compared to a loss of CNY 2.84 billion in 2012. It earlier reported a profit of CNY 552 million for the first nine months of the year. The company said it implemented stringent cost controls and exited low-margin businesses last year in order to return to profit and boost cash flow. Sales, administrative and research and development expenses all were reduced compared to a year earlier. In addition to winning key 4G contracts in its home market, ZTE expanded its market share in smartphones in key markets such as Spain and South Africa. It said it plans a further focus on 4G development and new products in 2014.

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