Tag:

margins

Latest Headlines

Latest Headlines

Xiaomi posted $56M profit in 2013 but razor-thin margins, filing shows

Xiaomi posted $56.1 million (347.5 million yuan) in net profit last year, according to a regulatory filing. The filing provides a glimpse inside the finances of privately owned Chinese smartphone vendor Xiaomi, which has rocketed up the rankings to become one of the world's top smartphone brands in the past few quarters.

Investors sour on Verizon, AT&T, Sprint and T-Mobile amid price cuts and spectrum auction

Investors last week dumped the stocks of Verizon Communications, AT&T, Sprint and T-Mobile US in a hurry amid growing concerns that the carriers' wireless pricing battles are unsustainable long term and that rising costs of spectrum will combine with the price war to drive down carriers' profitability.

Verizon, AT&T warn of falling margins- but don't freak out, the industry is healthy

The Wall Street financial analysts who watch the nation's carriers are in a bit of a tizzy this week because Verizon and AT&T, the two dominant players in the market, are warning of pressure on earnings and margins from promotions and higher subscriber growth in the fourth quarter. The analysts are worried because they think the competition from T-Mobile US and Sprint could get more intense. I think that'd be fine if that happens. If Verizon and AT&T lost profits and customers to Sprint and T-Mobile, I'd say that would be a grand development for the U.S. market and would be broadly beneficial for consumers.

Verizon CFO promises to increase wireless capex, margins

A top Verizon Communications executive said the carrier doesn't plan to reduce spending on its wireless network, despite the fact that it has largely completed its nationwide macro LTE buildout. At the same time, Verizon CFO Fran Shammo said the carrier plans to increase its margins in its wireless business over time.

Analysts: Sprint's Claure faces network, financial challenges in turnaround push

Sprint CEO Marcelo Claure has been on the job for less than three months and has already taken several steps to revamp the carrier's business. However, financial analysts say that, in light of the company's gloomy third-quarter results, Claure will need to be much more aggressive in shaking up Sprint's business model if he wants to return the carrier to subscriber growth and financial profitability.

Analyst: Handset upgrade programs could juice carriers' margins, for a short time

The device upgrade plans recently introduced by T-Mobile US, AT&T Mobility and Verizon Wireless could help spike the carriers' margins, according to a new research report, but that margin boost may be eroded by intensifying competition.

18% of Americans would sign on to a handset upgrade plan, according to survey

The device upgrade plans recently unveiled by T-Mobile US, AT&T Mobility and Verizon Wireless likely won't save too many customers money, but they could boost carriers' margins and increase smartphone sales for handset makers like Apple, analysts say.

Verizon's profit surges as postpaid additions keep flowing in Q1

Verizon Wireless reported a record-high profit margin in the first quarter of 2013 as it continued to benefit from its Share Everything shared data plans, which were introduced last June. The carrier said that its average revenue per account grew steadily, as it has in the past several quarters. Verizon said that 30 percent of its retail postpaid customers are now on its shared data plans.

Verizon adds 2.2M subs in Q4, but margins shrink amid smartphone surge

Verizon Wireless reported a record number of retail postpaid subscriber additions in the fourth quarter but it also posted a drop in margins, as analysts had expected. The carrier followed the familiar pattern of taking a short-term hit on margins by adding a glut of smartphone users in the year-end period in the hopes of reaping long-term financial reward from those contracts.

Analysts: Verizon expected to pull ahead of rivals in Q4

Verizon Wireless is expected to lead U.S. wireless carriers in terms of net subscriber additions in the fourth quarter, according to analysts' estimates. However, all operators, including Verizon, will likely see their margins come under pressure as a result of higher subsidy costs for smartphones.