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Telefonica ups FY sales growth forecast after improved results in Q2

2017-07-27 07:58:00| Telecompaper Headlines

(Telecompaper) Telefonica said it now expects modest growth in revenues over the full year, after improving trends in the second quarter. Quarterly revenues rose 1.9 percent year-on-year to EUR 12.960 billion, with organic growth improving to 3.1 percent from 1.5 percent in Q1. All its main markets - Spain, Germany, Brazil showed an improved performance in the quarter. Across the group, both service revenue (+2.9% y-o-y organic) and handset sales (+5.2%) accelerated compared to the previous quarter. 


Nokia sales up 1% in Q2 thanks to licensing growth

2017-07-27 07:44:00| Telecompaper Headlines

(Telecompaper) Nokia reported second-quarter sales up 1 percent year-on-year to EUR 5.619 billion, as growth in its licensing business offset a weaker market for network equipment. The adjusted operating margin jumped to 10.2 percent from 5.9 percent a year ago, and the net loss narrowed to EUR 423 million from EUR 667 million. 


Facebook growth slows slightly but sales still up 45%

2017-07-26 22:15:00| Telecompaper Headlines

(Telecompaper) Facebook saw its growth slow slightly in the second quarter, with sales up 45 percent year-on-year to USD 9.321 billion compared to over 50 percent in previous quarters. This is in line with the company's previous warning that growth will slow as the ad market saturates. Net profit still increased 71 percent to USD 3.894 billion or USD 1.32 per share, better than market expectations.

Tags: up sales growth slightly


China Q2 smartphone shipments fall 3% year-on-year

2017-07-26 10:48:00| Telecompaper Headlines

(Telecompaper) After six consecutive quarters of growth, Chinese smartphone shipments decreased by 3 percent year-on-year to 113 million in the second quarter of 2017. Huawei shipped over 23 million units to lead the market for the second quarter in a row, according to a report from Canalys. Oppo shipped over 21 million and held the second place, despite growing 37 percent year-on-year. Vivo ranked third in China's smartphone market, shipping around 16 million units.


Motorola launches Z2 Force Edition smartphone in US

2017-07-26 10:35:00| Telecompaper Headlines

(Telecompaper) US carriers T-Mobile, AT&T, Verizon, Sprint and US Cellular announced they are offering Motorola's new Moto Z2 Force Edition smartphone, which is compatible with Moto Mods and supports LTE speeds. The smartphone will be available on pre-order from 25 July and in stores from 10 August. A capability to achieve gigabit-class LTE speeds will be added to the Moto Z2 through a maintenance release at a later date. The phone can be combined with Moto Mods to add stereo speakers, a 360-degrees camera, projector and more battery life.


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