News Articles

Huawei reports revenue up but profits down

Information and communications technology business Huawei has reported its full-year results for the 2011 financial year.

Revenue was up 11.7% to CNY 203.9 billion, while net profits were down year-on-year to CNY 11.6 billion.

Author: The Fonecast
0 Comments
Article rating: No rating

Vodafone and Cable & Wireless agree acquisition deal

Vodafone Europe B.V. and Cable & Wireless Worldwide plc have reached an agreement that’ll see Vodafone acquiring CWW.

The deal values CWW at just over £1 billion.

Author: The Fonecast
0 Comments
Article rating: No rating

Swindon to get 4G LTE broadband service this year

UK Broadband has announced that Swindon will be the UK’s first local authority to benefit from 4G LTE technology across the borough.

The first commercial 4G broadband service in the UK was launched by UK Broadband a few weeks ago.

Author: The Fonecast
0 Comments
Article rating: No rating

Last week at The Fonecast: 23rd April 2012

Mark Bridge writes:

We’ve had a few sets of quarterly results in the past week. Let me summarise as best I can.

Qualcomm: doing very well, thank you.
Microsoft: pretty decent, although no-one’s talking much about phones.
Intel: not as good as before, although better than expected.
Nokia: sorry, we’ve lost a billion Euro. Well, we did warn you...

Author: The Fonecast
0 Comments
Article rating: No rating

Record quarterly revenue for Microsoft

Microsoft Corp. has announced quarterly revenue of $17.41 billion (£10.8 billion) for the period that ended 31st March 2012, which is a 6% increase year-on-year.

Operating income was $6.37 billion, up 12% from the same quarter in 2011. Net income was down slightly to $5.11 billion.

Author: The Fonecast
0 Comments
Article rating: No rating
RSS
First34568101112Last

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«April 2012»
MonTueWedThuFriSatSun
2627282930311
2345678
9101112131415
16171819202122
23242526272829
30123456

Archive

Terms Of Use | Privacy Statement