UPDATE 1-Nextel&#39;s third-quarter profit, revenue rises
554260
Nextel Communications Inc. (NXTL.O: Quote, Profile, Research) , the sixth largest US mobile company on Friday said its third-quarter profit rose amid strong customer growth.
702861
Storage maker EMC&#39;s profit increased dramatically compared to last year&#39;s third quarter, lifted again by continued growth of its VMware subsidiary and EMC&#39;s recent sale of a slice of the company.
737676
Qualcomm Inc  posted a  higher quarterly profit on Wednesday due to demand for its  mobile phone chips, and its shares rose 6.5 percent.
388807
The company Friday said it expected to post a profit in the third quarter, thanks to Improved pricing and product mix and higher unit volume, reversing a year-ago loss.
372454
Nokia&#39;s net profit jumped in the third quarter as the company made up for the falling average selling price of its phones by shipping more of them, the company said Thursday.For the three months ending Sept. 30, net profit increased 85 percent over the third quarter of 2006, to &#8364;1.6 billion ($2.3 billion). Net sales rose 28 percent to &#8364;12.9 billion. Earnings per share rose 90 percent to &#8364;0.40.The company shipped 112 million units, 26 percent more than in the same period a year before. Nokia estimates it holds a 39 percent share of the mobile market.The ASP (average selling price) of mobile phones, however, has fallen from &#8364;90 to &#8364;82, Nokia said. The company said it expects the ASP to continue to decline but volume demand to increase through the end of this year and next.The most dramatic change came from Nokia&#39;s Enterprise Solutions business unit, which includes security appliances and software as well its E Series phones, which are aimed at business users. Operating profit for the unit was &#8364;88 million compared to a &#8364;65 million loss in the third quarter of 2006. Nokia attributed the rise to strong sales of its E65 model.Nokia Siemens Networks reported a 120 percent operating profit decline, which Nokia said was due to restructuring costs and other one-time items. The division, launched in April, is a combination of Nokia Networks and Siemens&#39; carrier-related operations for fixed and mobile networks. Nokia said it has identified &#8364;500 million in savings in combining the two entities that will be realized at the end of 2008.However, sales for Nokia Siemens Networks increased 7 percent over the second quarter of this year, which was the first quarter Nokia reported results for the division.
93988
Nokia said Thursday its third-quarter revenue and profits would be better than expected, citing an increase in mobile phone sales.
86873
Nokia said on Thursday that its third-quarter profit was higher than many analysts had forecast, but still a fifth lower than a year ago.
610903
Wireless technology and chip  supplier Qualcomm Inc  on Wednesday posted a higher  profit for its fiscal first quarter as revenue rose on strong  demand for its mobile phone chips.
201123
Verizon Communications  said on  Monday its quarterly profit rose and its wireless customer  additions were ahead of analyst estimates.
85108
Japanese telecom giant Nippon Telegraph and Telephone Corp. (NTT) said its first-half net profit rose 3.1 percent, with earnings supported by gains on the sale of shares in its mobile phone unit.
333777
Verizon Communications Inc  said  on Monday its quarterly revenue rose due to strong wireless  subscriber growth, although profit fell after merger-related  costs and other items.
148642
Sprint Nextel's profit rose in the fourth quarter of 2006, but the Reston wireless company continued to lose high-paying customers, executives said yesterday.
91426
LG Electronics Inc., South Korea&#39;s biggest maker of home appliances, said Tuesday its third-quarter net profits rose more than 30 percent on brisk sales of mobile phones.
648748
Verizon Wireless, a venture of Verizon  Communications VZ.N and Vodafone Group Plc VOD.L, said on  Thursday operating profit and revenue rose on strong subscriber  growth in the fourth quarter.
141378
Sprint Nextel Corp.  posted a higher quarterly profit on Wednesday and gave a positive outlook for subscriber growth in the second quarter, sending shares up 3 percent.
226119
Nokia announced Thursday an 85 percent rise in third quarter net profit to 1.56 billion euros (2.22 billion dollars) as it solidified its position as the leading mobile phone maker with 39 percent of the market.
703842
Verizon Communications Inc.&#39;s third-quarter profit held steady at about $1.80 billion as declining revenues from traditional phone services at the nation&#39;s biggest telephone company were offset by another blockbuster quarter for Verizon Wireless, which