Cu ocazia implinirii a 130 de ani de la nasterea sa, George Enescu este aniversat astazi de Google cu un doodle special. E o imagine foarte buna facuta Romaniei in lumea larga, mai buna decat orice campanie publicitara a Elenei Udrea si in acelasi timp un motiv de mandrie nationala.
ERICSSON SALES HIT BY TOUGHER COMPETITION
In the first article published on Ericsson’s results in FT, the paper writes that Ericsson posted an operating profit, excluding joint ventures and restructuring costs, of SEK4.5 billion (USD620 million). Sales fell by nine percent year on year, to SEK45.1 billion. Sales in the key network unit were down 14 percent year on year. “The market conditions we saw in the second half of 2009 prevailed in this quarter as well, with mixed operator investment behavior across regions and markets,” CEO Hans Vestberg said in a statement.
NOKIA FEELS PRICE PINCH
Nokia reported a net profit of EUR349 million (USD467.6 million) for the three months to 31 March, up from EUR122 million a year earlier but less than analysts had expected. Sales rose to EUR9.52 billion from EUR9.27 billion. The average selling price for Nokia’s smartphones fell 18 percent to EUR155 compared with a year earlier, although its total estimated share of the smartphone market increased by three percentage points to 41 percent. The full-year operating margin guidance for its key devices and services segment was lowered from 12-14 percent to 11-13 percent. "We continue to face tough competition with respect to the high end of our mobile device portfolio," said Nokia CEO Olli-Pekka Kallasvuo. After announcing a delay to the launch of a new range of high-end phones, Kallasvuo said, “We will not ship the product until the quality meets the end-user needs and demands.” Apart from the Symbian upgrades, Nokia also aims to launch premium devices based on the new MeeGo platform. CFO Timo Ihamuotila said that improving the high-end product range will be Nokia’s main priority.
VERIZON STRUGGLES TO ADD NEW USERS
Verizon posted a profit of USD2.28 billion, a 29 percent decline from USD3.21 billion in the corresponding period the previous year. The number of net new contract subscribers fell by one-third over last year for Verizon Wireless, to 423,000. Verizon Wireless added 1.3 million prepaid customers through its wholesale agreements. Removing Vodafone’s 45-percent stake in Verizon Wireless, Verizon’s profit was USD409 million, down 75 percent from a year ago.
HTC SAYS US GROWTH TOPS RIVALS
HTC’s CEO Peter Chou says growth in the US market is outpacing other smartphone manufacturers this year, indicating it has gained crucial brand recognition amid stronger support from US mobile operators, writes WSJ. HTC shipped 5.5 million to 6 million smartphones to the US market last year, according to its annual report. In an exclusive interview Friday, Chou said that number is expected to grow this year, though he didn’t say by how much. He says the company’s US partners have shown strong support for HTC’s smartphones. "They (Verizon and T-Mobile) started treating us as their first-tier suppliers last year,” he said. The company has also announced plans to introduce six models with its Chinese partner China Mobile for the domestic market this year. (Wall Street Journal)
MICROSOFT SET TO UNVEIL NEW LINE OF HANDSETS WITH SOCIAL NETWORKING CAPABILITIES
Microsoft plans to introduce a new line of mobile phones Monday with social networking capabilities aimed at young consumers, according to sources familiar with the matter. (Wall Street Journal)
OFCOM’S CHANGES FOCUS 3 ON USER FIGURES
3 has vowed to start aggressively enlarging its customer base following Ofcom’s proposal for deep cuts in the charges mobile operators can levy for connecting calls to their networks. The company has said it is planning to cut the price of its phone calls in the next two years following Ofcom’s proposed cuts to termination rates, which will take the charges close to zero, writes FT. (Financial Times)
ORASCOM LOSES ALGERIAN TAX APPEAL
Algerian tax authorities have rejected a second appeal by Orascom Telecom Algeria against a tax reassessment for 2004-2007, which resulted in a demand for USD596.6 million in penalties and back taxes, FT writes. Orascom Telecom now says it will challenge the reassessment in Algeria’s administrative court. (Financial Times)