Financial

Tim Cook, CEO of Apple, said the company had seen an “amazing quarter”, with strong sales growth for its iPhone line – but all eyes were on the “great start” for Apple Watch.

Verizon Communications announced solid financials for the second quarter of 2015, a period which saw it complete its $4. 4 billion acquisition of AOL.

ZTE said that 4G growth gave a strong boost to both profit and revenue in the first half of 2015. According to preliminary results released today, the company is expecting first half profit attributable to shareholders of CNY1. 61 billion ($259.

Tele2 reported Q2 results which it said “proved the strategy to become a value champion is the right way forward”, although there has been weakness in its fixed business.

Huawei said that its sales increased by 30 per cent in the first half of 2015, with the company citing “stable and healthy growth” across its operating units. First half sales stood at CNY175. 9 billion ($28.

Ericsson saw its bottom line hit by restructuring charges in Q2, although on a positive note its troubled North American operation has stabilised compared with the start of the year. The company reported a net income of SEK2.

Google announced solid results for the second quarter of 2015, which it said reflected growth across a range of products, “most notably core search, where mobile stood out, as well as YouTube and programmatic advertising”.