Device Arena
Archive for the ‘Reporting’ Category
Juniper Research predicts mobile casino wagers to hit $5bn by 2012, as major players move into the sector
Posted by Michael Lubensky @ 12:34 amThe report predicts strong growth in usage levels of both single-user games such as slot machines, and of multiplayer gambling tournaments, fuelled by a raft of drivers including: market deregulation, greater 3G coverage and adoption, and – crucially – a greater availability of simple, intuitive mobile gambling products.
According to report author Dr Windsor Holden, “Many online casinos are now moving into the mobile environment, while bookmakers such as Ladbrokes and Coral have partnered with leading applications providers to launch own brand mobile casinos. Furthermore, the recent success of casino products from mobile-focused companies such as Probability demonstrates the latent demand for these kinds of services.”
However, the report cautions against over-optimism, observing that, recent deregulation notwithstanding, in many markets, including the US, remote casinos are prohibited.
No Comments »High Tech Computer Corp. (TAIEX: 2498) today announced its total revenues for October 2007 were NT$ 13,100 million, up 22.28% YoY, while total revenues from January to October 2007 were NT$ 92,670 million, up 6.43% YoY.
|
Total
Revenues |
2007
|
2006
|
YoY Growth
|
|
October
|
13,100
|
10,713
|
22.28%
|
|
January through October
|
92,670
|
87,074
|
6.43%
|
Sprint Nextel Corp. today announced that its board of directors has declared fourth quarter dividends for Sprint Nextel Common Stock. A dividend of 2.5 cents per share is payable Dec. 28, 2007, to shareholders of record at the close of business on Dec. 7, 2007.
Motorola today reported sales of $8.8 billion for the third quarter of 2007. The GAAP earnings from continuing operations for the third quarter of 2007 were $0.02 per share, which includes net charges of $0.04 per share related to charges associated with previously announced workforce reductions and a write-down of intangible assets.
“We are pleased with the improvement in the financial performance of mobile devices and we look forward to building upon the progress we have made,” said Ed Zander, chairman and chief executive officer. “We have strengthened our leadership position in broadband video, WiMAX, next generation government and public safety and the enterprise mobility markets. With our focus on these key opportunities and the initiatives we are taking in mobile devices we will further improve our performance and create long-term shareholder value.”
“During the third quarter, we maintained our focus on increasing cash flow, enhancing profitability and driving growth,” said Tom Meredith, chief financial officer. “We are beginning to see improvements in our cash conversion cycle and operating cash flow which will lead to increased financial flexibility.”
Operating Results
Mobile Devices segment sales were $4.5 billion, down 36 percent compared with the year-ago quarter. Excluding highlighted items, the segment incurred an operating loss of $138 million, compared with operating earnings of $843 million in the year-ago quarter. Motorola’s share of the global handset market for the quarter is estimated to be 13 percent.
During the quarter, Mobile Devices:
- Shipped 37.2 million handsets — including more than 900,000 RAZR 2 devices.
- Introduced the MOTO U9 music device, a special edition RAZR 2 for the holiday season, seven new W-Series handsets, and the iC602 dual-mode iDEN/CDMA device.
- Expanded the Z6 line with the introduction of ROKR Z6m and Z6tv.
- Introduced an ultra high speed WiMAX chipset solution, optimized for both size and low power consumption.
Home and Networks Mobility had segment sales of $2.4 billion, up 6 percent compared with the year-ago quarter. Excluding highlighted items, operating earnings were $165 million, compared with operating earnings of $231 million in the year-ago quarter.
During the quarter, Home and Networks Mobility:
- Shipped its two millionth IPTV set-top device, just five months after reaching the one million milestone.
- Strengthened portfolio with several strategic acquisitions including Leapstone Systems, Modulus Video, and Terayon Communications.
- Conducted the world’s first WiMAX 802.16e mobile handoff during the WiMAX World Conference in Chicago.
- Announced plans to divest the embedded communications computing business for $350 million in cash.
Nokia reports Q3 2007 net sales of EUR 12.9 billion and EPS of EUR 0.40
Posted by Newsman @ 09:00 pm|
|
NOKIA IN THE THIRD QUARTER 2007*
|
||
|
EUR million
|
Q3/2007**
|
Q3/2006**
|
Change
|
|
Net sales
|
12 898
|
10 100
|
28%
|
|
Mobile Phones
|
6 131
|
5 949
|
3%
|
|
Multimedia
|
2 580
|
2 092
|
23%
|
|
Enterprise Solutions
|
526
|
257
|
105%
|
|
Nokia Siemens Networks
|
3 674
|
1 804
|
|
|
Operating profit
|
1 862
|
1 100
|
69%
|
|
Mobile Phones
|
1 388
|
779
|
78%
|
|
Multimedia
|
575
|
366
|
57%
|
|
Enterprise Solutions
|
88
|
-65
|
|
|
Nokia Siemens Networks***
|
-120
|
131
|
|
|
Group Common Functions
|
-69
|
-111
|
|
|
Operating margin (%)
|
14.4
|
10.9
|
|
|
Mobile Phones (%)
|
22.6
|
13.1
|
|
|
Multimedia (%)
|
22.3
|
17.5
|
|
|
Enterprise Solutions (%)
|
16.7
|
-25.3
|
|
|
Nokia Siemens Networks (%)***
|
-3.3
|
7.3
|
|
|
Net profit
|
1 563
|
845
|
85%
|
|
EPS, EUR
|
|
|
|
|
Basic***
|
0.40
|
0.21
|
90%
|
|
Diluted***
|
0.40
|
0.21
|
90%
|
