Archive for the ‘Reporting’ Category

The 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.

(more…)

Nov 08th, 2007

HTC October 2007 Sales Hit Record High

Posted by VlAD @ 12:19 am

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.

(Unit: NT$ million)

Total
Revenues
2007
2006
YoY Growth
October
13,100
10,713
22.28%
January through October
92,670
87,074
6.43%
Nov 06th, 2007

Sprint Nextel Declares Fourth Quarter Dividends

Posted by Newsman @ 01:28 am

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.

Oct 25th, 2007

Motorola Announces Third-Quarter Sales and Earnings

Posted by Newsman @ 10:58 pm
  • GAAP earnings from continuing operations of $0.02 per share, including net charges of $0.04 per share from highlighted items
  • Sales of $8.8 billion
  • Financial improvements in the Mobile Devices business
  • Enterprise Mobility Solutions business continues to deliver strong results
  • Positive operating cash flow of $342 million and reduced cash conversion cycle to 43 days
  • 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:

    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.

    (more…)

    Nokia market share grows to an estimated 39%; total device operating margin up sequentially
     
    The complete press release with tables is available at: http://www.nokia.com/results/results2007Q3e.pdf





     
    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%
     
     
    * As of April 1, 2007, Nokia results include those of Nokia Siemens Networks on a fully consolidated basis. Nokia Siemens Networks, a company jointly owned by Nokia and Siemens, is comprised of the former Nokia Networks and Siemens’ carrier-related operations for fixed and mobile networks. Accordingly, the results of Nokia Group and Nokia Siemens Networks for the third quarter 2007 are not directly comparable to results for the third quarter 2006. Nokia’s third quarter 2006 included the former Nokia Networks business group only.
     
    ** Q3 2007 special items:
    - EUR 86 million restructuring charge and other one-time items in Nokia Siemens Networks (impacting Nokia Siemens Networks operating profit)
    - EUR 60 million gain on sale of real estate (impacting Group Common Functions operating profit)
    - Excluding special items, diluted EPS was EUR 0.40
     
    ** Q3 2006 special items:
    - Mobile Phones operating profit included charges of EUR 128 million primarily related to the restructuring of the CDMA business and associated asset write-downs.
    - Excluding this special item, diluted EPS was EUR 0.23.
     
    *** Important note to Nokia Siemens Networks Q3 2007 operating profit and Nokia EPS: In addition to the ’special items’ listed above, Nokia Siemens Networks reported operating profit also included EUR 144 million in intangible asset amortization and other Purchase Price Accounting related items.
     
    THIRD QUARTER 2007 HIGHLIGHTS
    - Nokia diluted EPS of EUR 0.40, excluding special items, growing 74% from Q3 2006.
    - Nokia operating cash flow of EUR 2.0 billion. 
    - Nokia operating margin of 14.6%, up sequentially from 11.0% in Q2 2007, excluding special items.
    - Nokia device volumes of 111.7 million units, up 11% sequentially and up 26% year on year.
    - Estimated industry device volumes of 286 million units, up 9% sequentially and up 17% year on year.
    - Nokia estimated device market share of 39%, up from 38% in Q2 2007 and up from 36% in Q3 2006.
    - The proportion of devices Nokia sold in the under EUR 30 category increased significantly, both sequentially and year on year.
    - Total device operating margin, and Mobile Phones gross margin, increased sequentially, despite Nokia’s total device ASP of EUR 82 decreasing from EUR 90 in Q2 2007.
    - Nokia Siemens Networks operating margin, excluding special items, was -1.0% and was a positive 3.0%, excluding special items and Purchase Price Accounting related items.
     

    (more…)

    Oct 16th, 2007

    Lower than expected result for Ericsson in third quarter 2007

    Posted by Newsman @ 10:35 pm

    All numbers are preliminary and unaudited.

    Ericsson expects sales of SEK 43.5 b., an operating income of SEK 5.6 b. and a cash flow of SEK -1.6 b. for the third quarter 2007. This is below the company’s own as well as current market expectations and primarily a result of an unexpected shift in the business mix.

    "The unexpected development in the quarter is mainly due to a shortfall in sales in mobile network upgrades and expansions which resulted in an unfavorable business mix that also negatively affected Group margins," said Carl-Henric Svanberg, President and CEO of Ericsson. "All other businesses performed as expected. The effect of market dynamics is always a matter of judgment. This quarter we have underestimated the effects."

    Ericsson’s networks business continues to develop most rapidly in regions where new network rollouts and break-in contracts are predominant. This is where competition is intense as it builds footprint for long-term profitable growth. So far the margin pressures from these business activities have been offset by higher margin sales such as network expansions and upgrades. Such expansions and upgrades have a short sales cycle and builds during the quarter.  This quarter, sales of these higher margin offerings did not materialize as much as in previous quarters. High margin software sales are also lower than normal.
     
    The Professional Services segment continues to show b growth and stable margins. The Multimedia segment is expected to also show a b growth with operating income slightly above breakeven level, reflecting the continued investments in new business areas.
     
    "In infrastructure scale is critical for success. Our strategy to regain scale advantage through increased mobile systems market shares has been effective. The present market dynamics are however working to our disadvantage from a short-term financial perspective. Now that we have reestablished our scale advantage from the pre-industry consolidation we will shift our focus slightly and capitalize on our market share gains," said Carl-Henric Svanberg

    (more…)

    Oct 15th, 2007

    Sony Ericsson Q3 2007 results

    Posted by Newsman @ 12:22 am

    Q3 Highlights:

    • Year-on-year volume growth of 31%
    • Continued volume growth driven by profitable lower priced phones
    • Good market reaction to new slider form-factor of W580 Walkman® phone
    • Successful launch of Sony Ericsson P1 smartphone

    The consolidated financial summary for Sony Ericsson Mobile Communications AB (Sony Ericsson) for the third quarter ended September 30, 2007 is as follows:

     

    Q3 2006

    Q2 2007

    Q3 2007

    Number of units shipped (million)

    19.8

    24.9

    25.9

    Sales (Euro m.)

    2,913

    3,112

    3,108

    Gross Margin %

    31.5%

    29.6%

    30.7%

    Operating Income (Euro m.)

    427

    315

    393

    Operating Income %

    14.6%

    10.1%

    12.7%

    Income Before Taxes (Euro m.)

    433

    327

    384

    Net income (Euro m.)

    298

    220

    267

    Average Sales Price (Euro)

    147

    125

    120

    Units shipped in the quarter reached approximately 26 million, a 31% increase compared to the same period last year. Sales for the quarter were Euro 3,108 million, representing a year-on-year increase of 7%. Income before taxes for the quarter was Euro 384 million, representing a year-on-year decrease of 11%, which reflects the exceptional third quarter the company experienced in 2006. Net income for the quarter was Euro 267 million. In line with Sony Ericsson expectations, the increase in low- and mid-tier priced phones in the product portfolio in the third quarter resulted in a decline in Average Selling Price (ASP) to Euro 120. 

    The quarter has seen Sony Ericsson continue to generate significant year-on-year volume growth with a portfolio of products spread across the widest variety of price points in the company’s history. Low- and mid-tier priced models such as the W200 Walkman® phone and simple ‘talk and text’ range of phones have been key volume drivers during the quarter, while the high-spec P1 smartphone and W580 slider Walkman® phone have been well received and strengthen the portfolio at the higher-end,” said Miles Flint, President of Sony Ericsson. “We are confident that the remainder of the year will see us further capitalize on this new broader portfolio with flag-ship Walkman® phone models such as the W910 and W960 plus the much anticipated 5 mega-pixel Cyber-shot™ K850 camera phone launching in time for the holiday season.

    (more…)

    Oct 12th, 2007

    Nokia to publish Q3 2007 results on October 18, 2007

    Posted by Newsman @ 09:56 am

    Nokia will publish its third quarter financial results on Thursday October 18, 2007, at approximately 1 pm Helsinki time (CET +1).

    The press release will be available on the Nokia website immediately after publication.

    Oct 08th, 2007

    HTC September 2007 Sales Report

    Posted by Newsman @ 09:42 am

    High Tech Computer Corp. announced that revenues for September 2007 totaled NT$ 10,551 million, up 18.73 % YoY. The Year to date revenue of 2007 reached NT$ 79,570 million with 4.20 % year-on-year increasing.

    The company also announced its self-assessed revenues for Q307 totaled NT$ 29,108 million, increase 10.44 % YoY. Self-assessed net incomes before tax were NT$ 8,026 million, self-assessed net incomes after tax were NT$7,384 million, and self-assessed after tax earning per share of Q307 were NT$12.88 based on the current 573,134 thousand outstanding shares.

    Total Revenues 2007 2006 YoY Growth
    September 10,551,315 8,886,703 18.73%
    January through September 79,570,181 76,361,068 4.20%
    Oct 05th, 2007

    Research In Motion Reports Second Quarter Results

    Posted by Newsman @ 11:57 pm

    Research In Motion Limited (RIM) reported second quarter results for the three months ended September 1, 2007 (all figures in U.S. dollars and U.S. GAAP).

    Revenue for the second quarter of fiscal 2008 was $1.37 billion, up 27% from $1.08 billion in the previous quarter and up 108% from $658.5 million in the same quarter of last year. The revenue breakdown for the quarter was approximately 78% for devices, 15% for service, 4% for software and 3% for other revenue. Approximately 1.45 million BlackBerry® subscriber accounts were added in the quarter and over 3 million devices were shipped. The total BlackBerry subscriber account base at the end of the second quarter was approximately 10.5 million.

    RIM’s second quarter results were exceptionally strong on all metrics including revenue, subscriber account additions and net income,” said Jim Balsillie, Co-CEO at RIM. “This growth is fueled by the depth of the BlackBerry product portfolio and the continued diversification of our business across market segments and geographies. With over ten million BlackBerry subscriber accounts and over twenty million handsets shipped, we are pleased with our position in the market today and we expect recent product and market initiatives to extend our business momentum through the remainder of the fiscal year.

    Income for the quarter was $287.7 million, or $0.50 per share diluted, compared with net income of $223.2 million, or $0.39 per share diluted, in the prior quarter and net income of $140.2 million, or $0.25 per share diluted, in the same quarter last year. Please note that the earnings per share reflect the effective 3-for-1 stock split that was implemented in the quarter.

    Revenue for the third quarter of fiscal 2008 ending December 1, 2007 is expected to be in the range of $1.60-1.67 billion. Subscriber account additions in the third quarter are expected to be approximately 1.65 million. Earnings per share for the third quarter are expected to be in the range of $0.59-0.63 per share diluted.

    The total of cash, cash equivalents, short-term and long-term investments was $1.73 billion as at September 1, 2007, compared to $1.56 billion at the end of the previous quarter, an increase of $166 million over the prior quarter. Uses of cash in the quarter included capital expenditures of approximately $79 million.

    Highlights of the Second Quarter Include:

  • Sprint and Alltel launched the BlackBerry 8830 World Edition in the U.S.
  • Bell Mobility and TELUS launched the BlackBerry 8830 World Edition in Canada.
  • Telefonica launched the BlackBerry Curve in Argentina, Brazil, Ecuador and Chile as well as the BlackBerry Pearl in Mexico.
  • Telcel launched the BlackBerry Curve and the red BlackBerry Pearl in Mexico.
  • TIM launched the BlackBerry 8800 in Brazil.
  • Entel PCS launched the BlackBerry 8800 and the BlackBerry Curve in Chile.
  • The Carphone Warehouse launched the BlackBerry Pearl, the BlackBerry Curve and the BlackBerry 8800 in the UK.
  • Vodafone launched the BlackBerry Curve 8310 in the UK, Germany, Portugal, Croatia, Slovenia and The Netherlands.
  • O2 launched the BlackBerry Curve in the UK and Ireland.
  • Orange launched the BlackBerry 8820 in the UK, Switzerland, Belgium, Poland, Romania, Slovakia and Spain.
  • SFR launched the BlackBerry 8820 and the BlackBerry Curve 8310 in France.
  • mobilkom launched the BlackBerry Curve 8310 in Austria.
  • Swisscom launched the BlackBerry Curve 8310 in Switzerland.
  • TIM Italy launched the BlackBerry Curve and the red BlackBerry Pearl in Italy.
  • TMN launched the BlackBerry Curve in Portugal.
  • Vodafone launched the BlackBerry Pearl and the BlackBerry 8800 in Turkey.
  • Avea launched the BlackBerry Curve and the BlackBerry 8820 in Turkey.
  • Turkcell launched the BlackBerry Curve in Turkey.
  • Vodafone launched the BlackBerry Pearl in Egypt.
  • DoCoMo launched Japanese text input support for the BlackBerry 8707h and BlackBerry Enterprise Server.
  • 3Hong Kong launched the BlackBerry Curve, the BlackBerry 8820 and the red BlackBerry Pearl in Hong Kong.
  • SmarTone-Vodafone launched the BlackBerry Curve 8310, the BlackBerry 8820 and the red BlackBerry Pearl in Hong Kong.
  • Peoples, PCCW and CSL launched the BlackBerry Curve in Hong Kong.
  • Bharti launched the BlackBerry Curve and the BlackBerry 8820 in India.
  • Vodafone Essar launched the BlackBerry Curve 8310 and the BlackBerry 8820 in India.
  • Optus launched the BlackBerry Curve in Australia.
  • Vodafone launched the BlackBerry Curve 8310 in Australia.
  • M1 launched the BlackBerry Curve in Singapore.
  • SingTel and StarHub launched the BlackBerry Curve and the BlackBerry 8820 in Singapore.
  • BlackBerry ISV Alliance members continued to build upon the BlackBerry platform with a range of new products and services that help customers extend their wireless data strategies beyond wireless email.
  • BlackBerry smartphones are now available around the world from over 300 carriers.

    Highlights Subsequent to Quarter End Include:

  • The BlackBerry Enterprise Solution achieved Common Criteria Certification.
  • RIM introduced the BlackBerry Pearl 8130.
  • RIM and Telefonica introduced the BlackBerry Pearl 8120 and BlackBerry Unite! software.
  • AT&T launched the BlackBerry 8820 in the U.S.
  • T-Mobile launched three new BlackBerry Pearl colors and the BlackBerry Curve 8320 in the U.S.
  • Rogers launched the BlackBerry Curve 8310 in Canada.
  • TIM Brazil announced the BlackBerry 8310 in Brazil.
  • Proximus launched the BlackBerry Curve 8310 and the BlackBerry Pearl in Belgium.
  • BASE launched the BlackBerry Curve in Belgium.
  • Vodafone launched the BlackBerry Curve 8310 in Italy and Spain.
  • O2 launched the BlackBerry Curve in Germany.
  • MTS and Alcatel-Lucent launched the BlackBerry solution in the Ukraine.
  • Vodacom launched the BlackBerry Curve 8310 in South Africa.
  • Reliance Communications launched the BlackBerry 8830 World Edition, the BlackBerry 8703e, the BlackBerry Curve and the BlackBerry Pearl in India.
  • BPL launched the BlackBerry Curve in Mumbai, India.
  • Vodafone launched the BlackBerry Curve 8310 in New Zealand.
  •