Recent Entries in Profits & Losses
Qualcomm Up and Down
Qualcomm Inc. reported that its fiscal fourth-quarter earnings nearly doubled because of the demand for chips that power high-end cell phones,. Unfortunately, Qualcomm cut its annual forecast because a patent dispute with Nokia Oyj may reduce technology licensing sales. Revenues were $8.87 billio…
T-Mobile Reports Lots of Customers, ARPU and Profits
At the end of the quarter, T-Mobile reported it had almost 28 million customers, adding 857,000 net new customers during the quarter. T-Mobile USA also reported ARPU of $53 in the quarter, up from $52 in the third quarter of 2006. T-Mobile USA also reported: $1.41 billion in Operating Income Before…
Sprints 3Q Profits Down Due to Wireless Flight
Sprint Nextel, announced that its profits were down due to lower contributions from its wireless business. The company reported a net decline of 60,000 total wireless subscribers in the third quarter. “Our third quarter results reflect mixed performance as we address competitive market condit…
Better Profits for Verizon in 3Q 2007
Verizon in its 3Q2007 announcement stated that it has added 1.6 million customers wireless customers and a 14.4 percent increase in total wireless revenues even with its stiff competition from AT&T the exclusive seller of the iPhone. “Our third-quarter results show that we have hit our s…
AT&T Revenue Up Due to Wireless
AT&T reported a net wireless subscriber addition of two million making its total base to 65.7 million. It also reported activating 1.1 million iPhones since its launch in late June. Its increase in profits is attributed to wireless and broadband services. Also reported: AT&T’s wireles…
Alltel Tells All, “Revenue & Subscribers Increase”
Alltel announced a great 3rd quarter, adding 205,000 subscribers and surpassing $2 billion in quarterly wireless service revenues for the first time.Highlights of their wireless gains include:Average revenue per wireless customer (ARPU) was $55.96, a 4 percent increase from last year. Data revenue p…
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