Xiaomi’s profitability called into question
Chinese smartphone maker Xiaomi isn’t nearly as profitable as previously estimated. A regulatory filing yesterday …
Fitch warns on Asian smartphone margins
Asia makers’ smartphone margins are expected to decline in the medium term as competition increases …
Margins to drop at PLDT, Globe; Capex to stay high – Fitch
Fitch Ratings has affirmed both PLDT’s and Globe Telecom’s outlook as stable but expects their …
Verizon Wireless margins hit by record iPhone sales
Verizon Wireless will suffer from a reduction in profit margin for the fourth quarter of 2011, due in part to record sales of the Apple iPhone, according to Fran Shammo, CFO of parent Verizon Communications. Speaking at a Citigroup investor conference this week, the executive said the operator sold 4.2 million iPhones in the final three months of 2011.
