Carphone poised to ring up healthy profits
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Carphone Warehouse today announced a 25% increase in the number of connections during its second quarter, with interim pre-tax profits expected to be at least Â£27m.
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The Internet giant's move in web-scale computing could be a healthy source of future profits.
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Carphone Warehouse on Wednesday celebrated its promotion to the FTSE 100 with a gain of 3.4 per cent to 352p, but its elevation was far from the only factor driving the share price higher.
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Rise in Q3 income bolstered by BellSouth acquisition and iPhone.
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The mobile phone maker said  fourth-quarter net profit rose to $2.6 billion and that it had reached its goal of 40 percent market share in handset sales. The companyâs stock soared.
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It's on track to meet sales targets, but profits might not keep pace.
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If it can keep integrating buys and grow profits, this looks like a company worth holding.
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Carphone Warehouse CPW.L expects interim pretax profits of at least 27 million pounds, with a buoyant mobile phone market helping it to beat its own expectations, Europe&#39;s top mobile retailer says.
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MOBILE phone giant Vodafone today rewarded its shareholders with a 100 per cent dividend increase on the back of half-year profits equivalent to more than Â£340 per second.
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Vivendi Universal raised its 2004 earnings forecast as it reported a 19 percent increase in underlying third-quarter profit on Wednesday, driven mainly by strong mobile phone sales.
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Analysts expect worldwide shipments of mobile devices to continue to grow at huge rates.
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Growth at Nokia Corp.&#39;s (NYSE: NOK - message board) Networks division continues to keep company net sales afloat, with the Finnish vendor today predicting healthy times ahead for the cellular infrastructure market.
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By Foo Eu Jin  ERICSSON Malaysia expects its managed services business to do well next year, driven by an increase in spending by telecommunications companies.
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The phone company reported an 89 percent rise in fourth-quarter profit, bolstered by a benefit related to income tax.
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Qualcomm Inc. on Friday raised its  quarterly profit forecast due to strong demand for its mobile  phone technology.
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Mobile phones are expected to generate more money this year than traditional fixed-line services for the first time due to surging demand in developing countries such as China, India and Russia, an annual industry report said.
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The wireless network operator's growth looks both substantial and sustainable.