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Tag: results

  • iPhone Swells AT&T's Results


    The addition of 1.9 million 3G iPhone accounts helped AT&T to post USD $0.41 earnings per share (EPS) for the fourth quarter.

    Apple’s handset made up the bulk of the 2.1 million net new customers that the telecom company gained in the period.

    It enabled AT&T to announce full-year earnings per share of USD $2.16, up from USD $1.94 for 2007.

    The Dallas-based company’s result surprised some analysts, who were expecting poorer figures following Apple’s recent reporting of a 36 per cent decline in iPhone shipments.

    The iPhone helped push up revenue for Web browsing and video download by 51 per cent compared to the previous year.

    Total corporate revenue grew 2.4 per cent to USD $31.1 billion and wireless revenue reached USD $11.5 billion.

    Rival Verizon, meanwhile, wouldn’t give details on the number of BlackBerry Storms sold in its first quarter on the market.

    Reports suggest the figure could be around a quarter of the iPhone’s total.

  • VoIP Phones Help Polycom To $ 1.1 Billion Revenue Record


    Polycom has announced record revenues of USD $1.1bn for 2008.

    The company said VoIP phones continued to be one of its fastest growing product lines in 2008, as customers put out dollars to implement a "money saving solution".

    Robert Hagerty, Polycom’s president and CEO, said the revenue figure represented growth of 50 per cent for the full year and generated a record USD $165 million of positive operating cash flow.

    He highlighted Polycom’s line of desktop VoIP phones as "one of Polycom’s fastest growing product lines".

    "Driven by the significant ROI typically achieved through a transition to Voice over IP, many customers are allocating budgets to deploy this money saving solution," he said.

    "With Polycom’s IP telephones customers are enjoying HD voice and a level of features and functionality that we believe is unparalleled in the market."

    Hagerty said that,as with Polycom’s conference phones, they had a broad array of strategic partnership including Microsoft, Digium, AT&T and Telstra.

    He said the sales cycle had lengthened and budget priorities sometimes moved to video collaboration.

    "However, we are pleased with the market gains we’ve made in Voice over IP and expect to leverage our Microsoft and other go-to-market relationships in 2009."

  • EMC Cuts Jobs Despite Strong Results


    EMC is laying off 2,400 workers in a bid to streamline operations in the face of economic recession.

    The cuts represent about 7 per cent of its global 41,900 employee workforce.

    Despite the move, EMC is expected to post record quarterly revenue growth that will meet fourth-quarter expectations.

    The storage giant said in a statement that Q4 2008 revenues would total about USD $4 billion.

    This represents 4 per cent growth over the same period a year ago and an 8 per cent increase compared with the third quarter of 2008.

    EMC said the staff reductions were necessary to ensure it remained ahead of the downturn.

    The staffing cuts are expected to reduce expenses by USD $350 million in 2009 and USD $500 million by 2010.

    The company’s last redundancies took place in 2007, when it axed 1,350 jobs.

    At the time it said these were required because acquisitions had led to overlapping staff.

  • Mobiles To Receive Unprecedented US Election Coverage


    Whatever the outcome of the Obama-McCain contest, the unprecedented level of mobile US election coverage is expected to do much to introduce mainstream consumers to mobile content.

    Media companies and mobile operators have teamed up to offer extensive coverage of the US presidential election results direct to mobile phones.

    The hope is that huge numbers of people unfamiliar to the world of mobile content will continue using it long after election day.

    News, analysis and results will be available across a wide range of operating platforms.

    For Microsoft Windows Mobile-enabled phones, NewsGator Technologies is providing content from WashingtonPost.com and Newsweek to wireless users via its free Campaign Tracker app.

    iPhone users can receive a mobile version of online magazine Slate.com’s Election Scorecard thanks to its partnership with Seattle’s Chimp Software, which is offering a downloadable version of its interactive polling application for the Apple handsets.

    Google is offering an array of elections-based mobile offerings, including a mobile election site with links to election-related news, mobile YouTube channels from both John McCain and Barack Obama and links to search results for both candidates that eliminate the need to type in names for every search.