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Xiaomi revenues lift 27% in Q1, as IoT, internet services offset slower smartphone growth

2019-05-20 14:09:00| Telecompaper Headlines

(Telecompaper) Xiaomi said revenues for the first quarter rose 27.2 percent from the year before to CNY 43.8 billion, and that its operating profit lifted 12.5 percent to CNY 3.7 billion. The net profit however dipped almost 6 percent lower to CNY 3.2 billion.  

Tags: services internet growth offset

 

Slower US growth means no rate rise for 2019, says Fed

2019-03-20 19:57:29| BBC News | Business | UK Edition

The central bank had expected two rises this year, but is more cautious due to slower economic growth.

Tags: rate means says growth

 
 

Concentric simulation predicts OTT takeover to be slower than expected

2019-02-21 15:50:27| Digital TV News

Concentric has announced a report that uncovers how the TV industry will evolve during the rise of OTT providers. The report forecasts that consumers arent ready to cut the cord and the bundling of OTT with other services will continue to dominate.

Tags: expected simulation slower ott

 

Amazon sees continued slower growth in Q1 after Q4 sales rise of 20%

2019-02-01 09:14:00| Telecompaper Headlines

(Telecompaper) Looking forward towards the first quarter, Amazon said it expects even slower growth, with revenues seen up 10-18 percent to USD 56-60 billion. The operating profit should reach USD 2.3-3.3 billion, from 1.9 billion the year before. 

Tags: of sales growth continued

 

Apple cuts quarterly sales outlook on fewer iPhone upgrades, slower Chinese economy

2019-01-03 08:35:00| Telecompaper Headlines

(Telecompaper) Apple has lowered its revenue guidance for the December quarter, blaming a slowdown in iPhone sales, particularly in China. The company now expects revenue of US 84 billion for its fiscal first quarter to 29 December 2018, down from earlier guidance of USD 89-93 billion and a reported USD 88.3 billion in the year-earlier period.  

Tags: sales chinese apple economy

 

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