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Carphone Warehouse announces annual results

Carphone Warehouse Group plc has published its preliminary results for the year ended 31st March 2012. Net profit was £57.7 million, up from last year, although revenues from its European retail business were down 5.5% year-on-year to £3,313.1 million.

Roger Taylor, the company’s CEO, said “Our core businesses have performed well during the year, delivering a robust performance in a challenging environment. CPW Europe continues to take advantage of its positioning in the Connected World, focusing on its newly designed store format, wider product and service proposition and strong relationships with network partners, all of which have enabled us to meet our EBIT target for the year.Virgin Mobile France proved to be a resilient business in a very competitive market, with strong revenue growth, and we are excited about the opportunities that the move to a Full MVNO and launch of quad-play will bring. Looking ahead, we expect the consumer environment in Europe to remain difficult, but we see opportunities as well as challenges and we are confident in our strategic positioning and operational execution.”

The company notes that one of CPW Europe’s key opportunities is to broaden the non-cellular product category by moving more deeply into tablets, accessories and what it calls ‘app-cessories’, giving customers more reasons to come into its stores.

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Opinion Articles

The impact of iOS 7 on mobile app developers

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Anton Faulconbridge writes:

It’s the latest tech update that everyone is talking about; for good or for bad, iOS7 is here and it’s something that all mobile app developers need to take into consideration. So, how have these changes to Apple’s system had an impact on third party apps?

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It’s not your fault, so why wait for your mobile phone?

David Heled writes:

The dependency on mobile phones is at an all-time high. Used for everything from the weekly grocery shop to monitoring heart rate, it’s no underestimation to say that we would be lost without our mobile phones. So when it takes days for your phone to be repaired, it has a considerable impact on your normal daily life.

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How ring-back tones could transform the way we use our mobile phones

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Mark Bridge writes:

Ring-back tones offer consumers yet another way to customise their mobile phone service. Yet despite this – and the revenue opportunities they provide – many mobile network operators don’t offer them.

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Last week at The Fonecast: 7th October 2013

Compare and contrast

Mark Bridge writes:

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Curiously, many of the week’s other news stories also had a companion headline to provide a contrast.

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Last week at The Fonecast: 30th September 2013

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