revenue

An Ericsson study highlighted operators leading in consumer 5G adoption have greater chances of growing ARPU and revenue from mobile services compared to counterparts lagging in the network technology.

Strategy Analytics tipped global smartphone wholesale revenue to recover in 2021, driven by the easing of Covid-19 (coronavirus) restrictions and greater demand for 5G models.

Telecoms operators were tipped to suffer a decline of 3. 4 per cent in revenue in 2020 due to challenges stemming from the Covid-19 (coronavirus) pandemic, although the market should stay healthier than most other industries, Analysys Mason predicted.

Facebook announced its advertising revenue fell victim to implications arising from the global Covid-19 (coronavirous) pandemic, despite spikes in usage of its messaging services.

Apple warned revenue in its current fiscal quarter would fall short of its forecast due to manufacturing and retail shutdowns caused by the outbreak of Covid-19 (coronavirus) in China.

Apple CEO Tim Cook outlined the company’s plans to sustain growth in its Services segment, as iPhone revenue hit a milestone in its downward spiral.

Apple announced that it set a new sales record for its App Store in the first week of January.