Wireless data revenues up 21 percent, 1.2M smartphone sales
Quarterly results from AT&T shows the company has managed to increase its year-on-year earnings by $100 million to $3.7 billion, matching the expectations of Wall Street. The financial information also tells that its consolidated revenues of $31.4 billion is down 1.5 percent compared to the same period last year.
Prepaid customer numbers increase for seventh quarter running
T-Mobile has revealed it has increased its customer count for the first time in four years, after hemorrhaging customers in multiple successive quarters. A net increase of approximately 579,000 customers, 3,000 of which being branded customers, has been noted by the company, ahead of its first quarterly results as the newly re-branded "UnCarrier."
Results show 94.4 percent improvements in mobile, communications business
Sony has made improvements in its finances, according to the company's latest quarterly report. The fourth quarter of 2012 saw revenues hit $22.4 billion, an increase of 6.9 percent from the same period last year, and while it endured a net loss of $124 million, it is a vast change from last year's $1.7 billion loss, and a continuation of its financial restructuring from Q2 results.
Company claims 55 percent of user base using 4G phones
Adding to the rash of major company quarterly results, AT&T has posted its own numbers. For the quarter that concluded on December 31, the company's revenues totaled $32.6 billion, up 0.2 percent versus the same time period in 2011, but posted a $6 billion loss regardless of earnings. Fourth-quarter 2012 cash from operating activities grew to $10.5 billion, and capital expenditures totaled $5.9 billion.
Home market falls 11 percent, desktop and mobility down 19
Dell's fiscal 2013 third quarter results were announced today. Earnings came in slightly below analyst estimates, with revenue of $13.7 billion (compared to an expected $13.89 billion), operating income of $589 million, and GAAP earnings of $0.27 per share. Highlights of the report include server and networking revenue increasing by 11 percent, large enterprise revenue falling eight percent, and general public revenue dropping 11 percent. However, profits were off by 47 percent, in part due to declining PC sales.
T-Mobile has issued its third quarterly report for the year, which shows a shift in its customer base from contracts to prepaid services. Although the company's customer base shows a total of 160,000 more customers thanks to the iPhone 5 launch, the higher-revenue postpaid customer base has dropped by 492,000. This reduced the Average Revenue Per User to $42.78, over seven percent lower year-on-year.
Lower profit despite high sales, more subscribers
AT&T has sold over six million smartphones, 4.7 million of which are iPhones, according to its newly released quarterly results. The company received a net increase of 678,000 customers in the quarter, with the contract smartphone customer base now sitting at 44.5 million, up 1.4 million from the last quarter.
Consumer sales responsible for 33 percent drop in profits
Dell has announced its fiscal-year 2013 first-quarter results on Tuesday, as the continuing skid in profits continues. Quarterly revenue was down four percent from a year ago to $14.4 billion. Profit continues to fall and dropped a staggering 33 percent to $635 million. The consumer division continues to weigh down the company, with a revenue of $3 billion, a 12 percent decline year-over-year.