Apple's quarter sales stunning result with 13% increase
Business
Apple’s quarter sales stunning result with 13% increase
Apple announced financial results for first fiscal quarter of 2018. Company achieved tremendous result of 88.3 billion USD (13% quarterly YoY increase). 65% of sales coming from international business. 3.89 USD quarterly earnings per diluted share which is 16% increase. “We’re thrilled to report the biggest quarter in Apple’s history, with broad-based growth that included the highest revenue ever from a new iPhone lineup. iPhone X surpassed our expectations and…
ZTE preliminary financial statement guides for 293% net profit increase
Business
ZTE preliminary financial statement guides for 293% net profit increase
Company is forecasting a total net profit of RMB 4.55 billion for the whole year ZTE Corporation published guidance for a 293% increase in net profit for the whole year of 2017 ended 31 December 2017, bolstered by growth in the company’s carrier networks and consumer businesses. According to the company, the operating revenue was RMB 108.82 billion, 7.49% higher than a year earlier. Net profit attributable to holders of…
Nokia and DT will test 5G industrial use cases in Hamburg Port
Wireless
Nokia and DT will test 5G industrial use cases in Hamburg Port
Testing of 5G is to commence in an industrial environment in the Port of Hamburg, with the Hamburg Port Authority, Deutsche Telekom and Nokia commissioning an 8000-hectare area with which to carry out key tests of various aspects of 5G functionality, including network slicing. 5G will be tested with use cases like traffic lights management, data processing from mobile sensors and virtual reality. To provide connectivity, an antenna has already…