fiscal Q2 earnings
Apple buoyed by iPhone results, but revenue slips
Apple posted an increase in iPhone revenue in fiscal Q2 2023 (the period to 1 April) despite a challenging macroeconomic environment and foreign exchange headwinds, with CEO Tim Cook (pictured) stating it set records for sales of smartphones and services.
Qualcomm braced for continued chip woes
Qualcomm president and CEO Cristiano Amon (pictured) blamed an ongoing slowdown in the sale of smartphones as a primary factor for declining chipset revenue in its fiscal Q2 2023 (which ran to 26 March), predicting little turnaround in the coming…
Cisco heralds supply chain progress
Cisco CEO Chuck Robbins (pictured) stated aggressive supply chain measures the vendor took over several quarters helped improve profitability in its fiscal Q2 2023 (the period to 28 January), but cautioned components for a few product areas remained highly constrained.
Docomo expects ARPU rebound in 2023
NTT Docomo president and CEO Motoyuki Ii urged the industry to show restraint in cutting mobile tariffs and forecast ARPU to bottom-out at the end of fiscal 2022 (the year to end-March 2023) because many customers have upgraded to larger…
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