Financials
Financials
Verizon Q4 loss widens on charges
U.S. telco posts $4.23 billion loss, but revenue grows to over $30 billion on strong performance from Verizon Wireless. Verizon Communications Inc. reported a fourth-quarter loss Tuesday, as year-end charges and smartphone subsidies weighed...
Financials
PLDT Q3 net profit slips 1.1%, keeps core profit guidance
Philippines operator's latest numbers hit by cost of merging with Digitel, marketing expenses. Philippine Long Distance Telephone Co. Tuesday maintained its core profit guidance for the year as it reported third-quarter net profit was...
Financials
HTC Q3 net profit falls 79%
Taiwanese handset maker's revenue also down sharply as competition, economy take their toll. about 100,000 applications, compared to more than 600,000 for Android and over 800,000 for Apple's iOS," said Fubon analyst Jeff Pu....
Financials
iPhone 5 first weekend sales crosses five million mark
Apple on Monday said that it has sold over five million of its new iPhone 5, just three days after its launch on September 21, and more than 100 million iOS devices have been updated with iOS 6,...
Financials
Oracle Q1 profit up 11% on improving software revenue
Company expects SaaS division to generate $1 billion in annual sales. Oracle Corp.'s fiscal first-quarter earnings climbed 11% as software revenue and margins improved, while hardware-systems sales continued to weaken. Strength in Oracle's traditional...
Financials
Partner Communications Q2 net drops 42% on subscriber exodus
Israeli operator hit by tougher competition; warns of workforce 'adjustment'. Partner Communications Co.'s second-quarter earnings dropped 42% on increased competition in the Israeli cellular market, a drop in subscribers and lower equipment sales. "The multiplicity...
Financials
Telstra full year profit up 5.4%, mobile customers grow
Australian incumbent benefits from rival Vodafone Hutchison's subscriber exodus. Telstra Corp., Australia's largest telecoms company by market value, Thursday reported a 5.4% rise in annual profit as spending on its mobile network paid off by boosting cellphone customer...
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