We knew it would get worse before it starts to get better, but the first-quarter results that deluged the industry this week pretty much confirmed earlier warnings from industry-leaders such as Nokia and Samsung that the handset market could contract by 10% or more this year. The worst of the pain should already be over, though, with [...]
Posts Tagged ‘quarterly results’
This week, Apple and AT&T each released results for Q1 2009. Naturally enough, both were keen to talk up the continued vigorous growth in sales of iPhones. AT&T has the exclusive rights to sell the iPhone in the US and sold more than 1.6 million units to customers during Q1. Overall, Apple shipped nearly 3.8 million units over [...]
It says something about the robustness of Nokia that, when the Finnish company unveiled a 90%-plus dip in profits for the first quarter of 2009, shareholders and analysts alike all breathed a collective sigh of relief that the results hadn’t been worse. Plus, with CEO Olli-Pekka Kallasvuo expecting that the next quarter will see a stabilisation [...]
Canada-based smartphone-maker Research In Motion (RIM) has unveiled its fourth quarter and year-end results for fiscal 2008 (year ending February 28, 2009), wherein it has achieved a much better than expected performance in terms of revenue and customer growth. The earlier news from semiconductor maker Texas Instruments that demand for components is beginning to recover has prompted a [...]
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