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Adidas tops sustainable cotton sourcing ranking

2020-02-19 13:13:00| Daily apparel & textile news and comment - from just-style.com

German sportswear giant Adidas has topped the 2020 Sustainable Cotton Ranking, with H&M taking the third spot in the assessment of companies that use a significant amount of cotton.

Tags: ranking cotton tops sustainable

Deutsche Telekom tops FY forecasts, sees further growth in 2020

2020-02-19 08:25:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom reported results for 2019 ahead of expectations and forecast further growth in 2020. Annual revenues increased 6.4 percent to EUR 80.5 billion, and adjusted EBITDA after leases improved 7.2 percent to EUR 24.7 billion, led by growth at T-Mobile US. Adjusted net profit rose 8.9 percent to EUR 4.9 billion, and free cash flow was up 15.9 percent to EUR 7.0 billion.

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Qualcomm forecasts mixed Q2 after December quarter tops guidance

2020-02-06 09:12:00| Telecompaper Headlines

(Telecompaper) Qualcomm reported better-than-expected earnings for its fiscal first quarter to December, down only 8 percent year-on-year to USD 0.80 per share, compared to guidance for a drop of 30 percent or more. Revenues increased 5 percent to USD 5.1 billion, near the high end of its outlook. The company said it was starting to benefit from the ramp up of the 5G market.

Tags: december mixed quarter guidance

Apple tops global smartphone market in Q4 on back of iPhone 11 sales

2020-01-30 10:57:00| Telecompaper Headlines

(Telecompaper) Apple surged past Samsung to become the world's top smartphone vendor in the final quarter of 2019 thanks above all to the huge popularity of the iPhone 11, according to the latest report from Strategy Analytics. The company shipped 70.7 million iPhones during the 3-month period ending in December, equivalent to 18.9 percent of the global market, up 7 percent from the 65.9 million units shipped a year earlier.

Tags: back sales market global