Revenue

Nokia has defended business scale in difficult market time – 2017 result
Business
Nokia has defended business scale in difficult telco market time – 2017 result
Nokia’s Networks business • 2% net sales growth at constant currency in Q4 2017 was driven by IP Networks and Applications and by Ultra Broadband Networks. The large year-on-year variations in foreign exchange rates had a negative impact on reported net sales, with net sales down 4% compared to the year-ago period. • Strong operational discipline produced a solid Q4 2017 gross margin of 37.6%, and an operating margin of…
Ericsson's 2017 result far below long-term ambition
Business
Ericsson’s 2017 result far below long-term ambition
Ericsson has published results for 2017 fourth quarter and full 2017 year. As globally LTE network deployments have slowed down before 5G era will really come, Ericsson it’s not alone on the market with problem of business growth. Net sales went down by 12% to estimated value of 25.5 B USD. Most of the financial and operational KPIs looks quite depressing, but according to company plan it supposed to be…
Business
Samsung Announces 2017 Results
Samsung Electronics posted KRW 65.98 trillion (~$61.7 billion) in consolidated revenue and KRW 15.15 trillion (~$14.5 billion) in operating profit for the fourth quarter of 2017. Overall, the company reported full-year revenue of KRW 239.58 trillion (~$224 billion) and full-year operating profit of KRW 53.65 trillion (~$50.2 billion). Fourth quarter earnings were driven by the components business, with the largest contribution coming from the Memory business that manufactures DRAM and…
Business
Telenor Strong Earnings in Q4 2017
Telenor, after a strong first 3 quarters of 2017, achieved an even more impressive Q4 with $4.16 billion of revenue. The company closed 2017 with a total of $16.2 billion comparing to 2016’s $16.3 billion. Fourth quarter 2017 summary On an organic basis, revenues dropped 0.5%, while subscription and traffic revenues rose by 3%, positively impacted by a negative one-time item in Sweden last year. Currency adjusted opex decreased by…
Intel Reports Q4 2017 Financial Results
Business
Intel Reports Q4 2017 Financial Results
Intel Corporation shared long awaited financial results from the 4th quarter and at the same time whole year 2017. Record fourth-quarter revenue was $17.1 billion and record full-year revenue was $62.8 billion. Excluding McAfee, fourth-quarter revenue grew 8 percent year-over-year with data-centric revenue up 21 percent, and full-year revenue grew 9 percent year-over-year. In 2017, Intel generated a record $22 billion cash from operations and returned nearly $9 billion to…
Business Handsets
Huawei sales revenue is expected to reach 76 Billion EUR in 2017
Huawei released a New Year’s Message for 2018 by Ken Hu, Rotating CEO which is available here.   Key statements mentioned by Mr Hu:   “In 2017, we have seen a steady recovery in the global economy, and despite deep structural changes, the ICT industry continues to plow firmly ahead. As always, we remain focused on our pipe strategy and creating value for customers, with a special emphasis on improving…