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Microsoft working on 'small touch devices' running Windows

2013-04-19 01:40:17| CNET News.com

Outgoing chief financial officer all but confirms rumors that Microsoft is developing a Windows 8-powered tablet. [Read more]    

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Nokia maintains small opg profit as Lumia sales up 27% in Q1

2013-04-18 12:01:00| Telecompaper Headlines

(Telecompaper) Nokia reported a continued decline in results in the first quarter, but managed to maintain a small operating profit and improve sales of its flagship Lumia smartphones. Revenues fell 20 percent from a year earlier to EUR 5.85 billion, while the adjusted operating result was a profit of EUR 181 million versus a loss of EUR 258 million a year ago. The net loss narrowed to EUR 0.07 per share from EUR 0.25. The main Devices & Services division posted an adjusted operating profit of EUR 4 million, on sales down 32 percent to EUR 2.89 billion. While total smartphone sales were down 49 percent annually and 8 percent from Q4 to 6.1 million units, Nokia managed to improve Lumia sales 27 percent sequentially to 5.6 million. Feature phone sales were down 21 percent year-on-year and 30 percent from Q4 to 55.8 million units, with Nokia blaming stronger-than-usual seasonality and tough competition. Nokia said the difficult market conditions are expected to continue in Q2, when Devices & Services is expected to post a negative adjusted operating margin of around 2 percent, plus or minus four percent points. However sequential growth in Lumia shipments is expected to be higher in Q2 than the 27 percent in the past quarter.

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Tele2 posts small drop in Q1 results

2013-04-18 08:58:00| Telecompaper Headlines

(Telecompaper) Tele2 reported a small drop in first-quarter operating results, while net profit continued to improve. Revenues fell 2 percent to SEK 7.298 billion, and EBITDA was down 1 percent to SEK 1.488 billion. Excluding currency effects, revenues rose 0.2 percent and EBITDA improved 1 percent, Tele2 said. Net profit rose 34 percent to SEK 353 million or 0.70 per share. The results are based on continuing operations, excluding the recently sold Russian activities. Cash flow was a negative SEK 1.293 billion, after the payment for new mobile licences in the Netherlands, and capex tripled to SEK 2.133 billion due to the licence fees and network expansions. Tele2 added a net 211,000 customers in the three months, led by mobile growth in Kazakhstan and the Netherlands. Mobile now accounts for around 70 percent of the company's revenue. The company maintained its mid-term outlook for a CAGR of 5-7 percent in sales and 10-12 percent in EBITDA through 2015, led by strong mobile development in Sweden, the Netherlands, Norway and Kazakhstan.

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Germany Sales Slide; GM Thinks Small; The $2,000 Car; Steep UK Biofuel Pricetag; Fleets Save Millions by Going Green

2013-04-18 07:37:39| AutomotiveDigest.com - Automotive Industry News

Germany Slumps on European Woes The European disease has finally caught up with Germany, and car sales in the continents biggest market are now on the slide. That might sound like a knockout blow for the European market, but many forecasters predict that despite an awful 2013, next year will finally bring at least a [...]The Article Germany Sales Slide; GM Thinks Small; The $2,000 Car; Steep UK Biofuel Pricetag; Fleets Save Millions by Going Green appeared first on Automotive Digest.

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Size Matters: New Paint Sold in Small, Cubic Containers

2013-04-18 06:00:00| Industrial Newsroom - All News for Today

A small, rectangular plastic container for paint stands out &ndash; that's why the handy SuperCube packaging solution from RPC Superfos is a perfect match for a new type of special paint launched by one of France's biggest producers.<br /> <br /> Three types of groundbreaking paint from the family company V33, featuring a special technology called naturLAB® and sold exclusively in DIY stores Leroy Merlin, are packed in a small SuperCube Rectangular container.<br /> <br /> Yann Garnier, ...This story is related to the following:Paints and CoatingsSearch for suppliers of: Paints

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