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IoT now numbers 22 billion devices, but where is the revenue?

2019-05-16 19:00:00| Digital TV News

The number of devices connected to the internet reached 22.0 billion worldwide at the end of 2018, according to Strategy Analytics. The company predicts that Home will be the fastest growing segment over the coming years.

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Cisco tops expectations with quarterly revenue growth of 6%

2019-05-16 08:49:00| Telecompaper Headlines

(Telecompaper) Cisco reported results for its fiscal third quarter to April at the high end of its guidance. Revenues rose 6 percent to USD 13.0 billion after excluding the sold service provider video business, and EPS jumped 23 percent to USD 0.69, helped by the company's share buyback. 

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IDC expects worldwide semiconductor revenue to drop 7.2% in 2019

2019-05-15 22:00:21| Digital TV News

After three consecutive years of growth, with year-over-year growth of 13.2% in 2018, the latest update from IDC forecasts that worldwide semiconductor revenue will decline to $440 billion in 2019, down 7.2% from $474 billion in 2018.

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Alibaba revenue growth improves to 51% in Q4, outlook cautious for new year

2019-05-15 17:00:00| Telecompaper Headlines

(Telecompaper) Alibaba's growth accelerated in the company's fiscal fourth quarter to March, showing little impact from the slowing Chinese economy. Sales were up 51 percent year-on-year to CNY 93.5 billion (USD 13.9 billion). Its core e-commerce business grew 54 percent to CNY 78.9 billion, while cloud computing was up 76 percent to CNY 7.7 billion. The net profit more than tripled, to CNY 23.4 billion from CNY 6.6 billion, thanks to valuation gains on investments. 

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Eutelsat lowers FY revenue outlook, as underlying revenues contract 4% in fiscal Q3

2019-05-15 10:49:00| Telecompaper Headlines

(Telecompaper) The company confirmed the other financial objectives for the current and following years, noting that a return to slight revenue growth was still expected for FY 2019-20. It also said that it was working to secure significant savings on its annual tax burden, which should amount to a reduction of EUR 70 million.

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