HP reports lower revenue, earnings

HP today announced financial results for its fiscal 2015 first quarter ended 31 January 2015, with net revenue of $26,8-billion down 5% from the prior-year period and down 2% on a constant currency basis. First quarter GAAP diluted net earnings per share (EPS) was...

Western Europe printer market in decline

According to research by International Data Corporation (IDC), the Western European printer and multi-function (MFP) market showed a slight decrease in unit terms of 0,8% when compared to the same period a year ago as consumer inkjet shipments contracted. This gave a...

Pinnacle earnings decline as revenue grows

Pinnacle Holdings has issued a trading statement alerting shareholders to the likelihood of its earnings declining for the six months to 31 December, despite an increase in revenue. Revenue is expected to grow 14% to 15% but headline earnings will likely be down 16%...

TV’s death is greatly exaggerated

Cord cutting has become a legitimate threat to linear TV: 38% of 18 to 32-year-olds say they don’t watch enough TV for it to be worth the money; and 36% say they simply aren’t willing to pay the going rate, according to new Forrester data. Added to that,...

Vodacom revenue declines, but data is up

Vodacom Group revenue for the quarter ended 31 December 2014 decreased 1,1% to R19,993-billion, with service revenue down 2,7% to R15,815-billion. Excluding the impact of the 50% cut in mobile termination rates in South Africa, Group revenue increased by 1,5% and...