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HTC warns it may slip into operating loss in Q3

2013-07-30 02:00:00| Total Telecom industry news

Analysts say Taiwanese smartphone maker may see market share decline further in second half.

Tags: loss operating slip htc

 

MarineMax increases revenue, net income in Q3

2013-07-26 20:17:20| Mobile Homes - Topix.net

Though the weather nationally in Q3 wasn't ideal for MarineMax dealers, the company still increased its revenue and net income in the quarter ending June 30. Revenue was up 16 percent to $175.8 million.

Tags: net income increases revenue

 
 

Apple posts revenue increase, net profit decline in Q3

2013-07-23 23:09:00| Telecompaper Headlines

(Telecompaper) Apple posted third quarter 2013 revenue of USD 35.3 billion, a slight year-over-year increase from USD 35 billion. Quarterly net profit declined to USD 6.9 billion or USD 7.47 per diluted share, from net profit of USD 8.8 billion or USD 9.32 per diluted share. Gross margin was 36.9 percent, down from 42.8 percent. International sales accounted for 57 percent of the quarter's revenue.

Tags: net posts increase apple

 

Apple rings up 31.2 million iPhones in Q3

2013-07-23 22:54:11| CNET News.com

While many smartphone makers are reporting softer sales amid escalating competition, Apple says it's not seeing signs of saturation at high end of market. [Read more]    

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Nokia meets Q2 outlook, sees sales improving in Q3

2013-07-18 12:00:00| Telecompaper Headlines

(Telecompaper) Nokia continued to show improvement in its underlying results in the second quarter, meeting its outlook for stronger sales of its Lumia smartphones and a small operating loss at its main handset division. Sales were still down 24 percent from a year earlier to EUR 5.695 billion, while the adjusted operating result improved to a profit of EUR 303 million from a loss of EUR 325 million a year ago. The net loss narrowed to EUR 0.06 per share from EUR 0.38 a year earlier. The Devices & Services division posted a 32 percent annual decline in sales to EUR 2.724 billion, but met the outlook for a negative adjusted operating margin of around 2 percent, with a result of minus 1.2 percent. This was an improvement from minus 9 percent a year earlier but down from a positive 0.1 percent in Q1. Lumia sales accelerated, with a 32 percent sequential increase in volumes to 7.4 million units shipped in the quarter. Sales of feature phones were still down 4 percent from the previous quarter to 53.7 million units, but Nokia said it saw some signs of recovery in the latter part of the quarter when it started to ship the new Asha 501. Nokia said it expects the Devices & Services margin to remain around minus 2 percent in Q3, as it ramps up spending to promote new phones. The new products are expected to support sequential growth in the division's sales in Q3. The company also announced plans to accelerate cost reductions at Nokia Siemens Networks, following the recent agreement to take 100 percent control of the network equipment maker.

Tags: sales nokia meets improving

 

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