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Apple’s Cook confident about TV business

Having declared in March 2014 that the Apple TV business was no longer a “hobby” – a term used by Steve Jobs, his predecessor as CEO – current incumbent Tim Cook has said he feels confident about it and where it could go, confirming that Apple would continue to improve the product. Speaking during Apple’s Q2 2014 Earnings Release Conference [...]

Pace reports positive start to 2014

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Pace has reported that its Q1 gross margins are “well ahead” of last year and that it is on track to meet its full-year revenue growth target of about $2.7 billion. Pace said last month it expected revenue to increase by about 9.3 per cent in 2014, while its operating margin would be about 8.5 per cent, up from 7.8 [...]

BSkyB losing market share

BSkyB’s Q3 results, due on May 2nd, are likely to disappoint the market, says a client note from Berenberg Bank. The current quarter-year is expected to be “slow” in terms of customer acquisitions, and this includes broadband net additions which could slump (y-o-y) by as much as 50 per cent, says the bank.  It also looks as if the competition [...]

Comcast adds 25,000 cable subs in Q2

comcast

Comcast reported increasing subscription numbers for its cable service for the second consecutive quarter, defying fears of so-called cord-cutters. The company saw an improved performance thanks to its NBCUniversal unit, growth in its business services division and the performance of its high-speed Internet group. Pay-TV operators are increasingly fretting about cord-cutting, particularly among younger viewers who may be deterred from [...]

Intel’s ‘Internet of Things’ division up 32%

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The Internet of Things is taking off, and how, for chip-maker Intel. The recently formed division saw growth of 32 per cent compared with the same period last year, mostly based on use of its low-cost ‘Atom’ chip, and where volume sales “nearly doubled” in y-o-y. The news came during Intel’s Q1 analyst call, where CEO Brian Krzanch reported that [...]

Quickflix subs up 16%

Quickflix, the Australia and NZ online streaming service, experienced a strong March quarter of growth increasing its base of paying customers by 16,000 or 16 per cent to 118,557. Total active customers (paying customers plus introductory trialists who have registered with a valid credit card) increased by 13 per cent to 137,059. Organic growth through customers signing up on Quickflix-enabled [...]

Nervous times for BSkyB

Last Friday saw a 10.5p (1.1 per cent) fall in BSkyB’s share price and continued the tumble over the past few weeks that has seen shareholder confidence ebb away. The recent falls, from £9.46 to £8.77 on anxieties over the likely price of the next auction round of English Premier League football costs, and last week’s news that BT Sport [...]

Netgem maintains objective of doubling revenue

For the first quarter ending March 31st, Netgem, the French video solutions company, has revealed consolidated revenues of €19.3 million, up 18 per cent and 32 per cent internationally Current operating income in 2013 amounted to €10.2 million for a revenue of €81.4 million, a decrease of 17 per cent compared to 2012. It includes the activity of Videofutur since [...]

SeaChange “transitional year”

SeaChange International, a global multi-screen video software innovator, has reported fourth quarter fiscal 2014 revenue of $35.6 million and non-GAAP operating income of $0.9 million from continuing operations, consistent with the Company’s preliminary results announced on February 25th. In comparison, fourth quarter fiscal 2013 revenue was $44.6 million and non-GAAP operating income was $9.5 million.  The Company posted a US [...]

blinkx defends advertising figures



blinkx has issued a detailed rebuttal to allegations that it used questionable tactics to boost revenues. The company has been fighting to restore its reputation since in January when a Harvard Business School professor published a critical blog post that prompted blinkx’s share price to fall 30 per cent. Although online advertising revenues are expanding rapidly, investors have become increasingly [...]

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