Vodafone is a big gainer on revenue rise February 4, 2010 VODAFONE’S sales jumped 10 per cent in the final quarter of last year, causing its shares to soar to the top of the FTSE 100 gainers list yesterday. Group revenue rose to £11.5bn – up from £10.47bn the year before. UK revenue was down by 4.9 per cent, compared to the 5.7 per cent decline [...]
Italian reservist Colao must hold his nerve February 4, 2010 VODAFONE boss Vittorio Colao is a renowned cost cutter, but yesterday’s results were all about the top line. The world’s largest mobile operator by revenues has to prove that it is still a high-growth company and not a dependable utility. For that reason, investors will be relieved that the group booked revenues of £11.5bn, up [...]
02 in talks with Apple over iPad February 3, 2010 02 is in talks with Apple over providing mobile access for the iPad. However, it is not believed an exclusive deal like the one in place for the launch of the iPhone will exist and it will almost certainly be available on several carriers when it hits the UK 02 yesterday said it was watching [...]
Arm Holdings boosted by chip demand February 2, 2010 A surge in demand for smartphones helped chip designer ARM Holdings win market share and beat analysts’ expectations in the fourth quarter, but the economic downturn still trimmed pre-tax profit by four per cent. “(Chipmakers) are designing more ARM technology into an increasingly broad range of end-markets applications, with mobile computing, smartphones and microcontrollers being [...]
Hype of Apple’s iPad is better than the reality February 2, 2010 The launch of the Apple iPad at the end of last week led to a strong increase in the buzz score for the general Apple brand as measured by BrandIndex. That might have been expected, but graph one shows a more mixed story: at the start of 2010, with excited consumer chatter about the imminent [...]
Exxon and factories light up Wall Street February 1, 2010 US stocks rose yesterday as better-than-expected data on the manufacturing sector and earnings from ExxonMobil revived bullish sentiment after stocks closed out their worst month in almost a year. Exxon’s stock gained 2.7 per cent to end at $66.18 after the largest US oil company reported natural gas products boosted results at its exploration arm. [...]
WHERE ACROBATS ARE SERVED WITH STEAK February 1, 2010 OVER the past two years, there’s been much talk from restaurateurs of “adding value” in order to entice cash-stripped punters. Great meal deals, the chance to eat at Michelin-starred restaurants without breaking the bank, free choccies at the end – that sort of thing. But recently, the value added concept has been geared up a [...]
Amazon battle over web prices January 31, 2010 AMAZON.COM has removed all e-books published by Macmillan from its website after a dispute over pricing, according to media reports. Amazon’s website, as well as the site for its Kindle e-reader, yesterday showed titles published by Macmillan available only through third parties. Publishers are widely seen to be demanding more control over prices of their [...]
Markets likely to fall as uncertainty prevails January 31, 2010 European stock markets are headed for a major tumble this morning, as a sell-off on US markets gathered steam on Friday evening. GFT is forecasting the UK’s FTSE 100 to open down a hefty 90 points from Friday’s close, around 5,212. The German DAX is expected to open down 105 points at 5,590 and the French CAC 40 [...]
Amazon profits soar thanks to book reader January 29, 2010 AMAZON profits surged by 71 per cent in the final three months of 2009. The online bookseller said its Kindle electronic book reader had driven the sales boom. The device – Amazon’s bestselling product – will face competition from Apple’s new iPad, which was unveiled this week. Overall sales at Amazon – which now offers [...]