You can draw your own conclusions about Ericsson CEO Jan Frykhammar saying “this is absolutely not the beginning of the end for Ericsson.” Those remarks came in the context of a warning that “business result for the third quarter 2016 will be significantly lower than company expectations.”
In the first half of 2016, with demand for mobile broadband products has been negative. Sales declined by 14 percent year over year, while gross profit margin declined 34 percent.
Ericsson said “business result for the third quarter 2016 will be significantly lower than company expectations,” driven by macro-economic toughness in some markets, as well as completion of some mobile network upgrades in Europe.
Ericsson did not specifically mention competition from either Huawei or Nokia Networks, but many will say that also is part of the problem.
Metric | Q316 | Q315 | YoY change | Q216 | QoQ change |
Sales | 51.1 | 59.2 | -14% | 54.1 | -6% |
Sales in Networks segment | 23.3 | 28.8 | -19% | 26.8 | -13% |
Gross income | 14.5 | 20.1 | -28% | 17.5 | -17% |
Gross margin | 28.3% | 33.9% | - | 32.3% | - |
Operating expenses | -14.1 | -14.9 | -6% | -14.5 | -3% |
Operating income | 0.3 | 5.1 | -93% | 2.8 | -88% |
Income in Networks segment | -0.3 | 2.8 | -109% | 1.6 | -116% |
Operating income excluding restructuring charges | 1.6 | 6.1 | -73% | 3.8 | -58% |
Over the past several decades, many former big brand names in telecommunications have disappeared, as the global industry has consolidated. One might point to Nortel and Lucent, for example, as the most-obvious examples.
Some seem to be thinking Ericsson could be next.
BalasHapusAwesome website, Love the way this is a great website.
www.office.com/setup
www.office.com/setup
www.office.com/setup
www.office.com/setup
www.office.com/setup
Gas Chromatography and Its Virtues
BalasHapusAbout Small Business Challenges
BalasHapusInternet Home Business
BalasHapusHow To Improve Your Business Finances
BalasHapuscall girl supplier||
BalasHapuskolkata boudi contact number||
low price call girl||
kolkata girls for sex||
kolkata massage sex||
escorts girls india||
escort service provider||
escort kolkata locanto||
call girls in vijayanagar bangalore||
sex club in kolkata||
hot call girl||
kolkata randi phone number||
kolkata cool girl||
sexy girl kolkata||
escort number||
sonagachi girl contact number||
personal service kolkata||
www vivastreet com kolkata||
kolkata sex massage parlour||
female escorts india||
kolkata housewife photo||
escort service in kolkata locanto||
unsatisfied boudi phone number in kolkata||
hot escorts||
girl for sex kolkata||
indian call girl com||
real call girl||
viva street kolkata||
housewife call girl||
call girl women||
indian escort service||
sonagachi call girl photo||
call girl price||
kolkata hot girl photo||
kolkata girls for sex||
kolkata hot housewife||
kolkata hot sexy girl||
best call girls in india||
call girl s||
kolkata randi phone no||
The best place for all psychedelic product
BalasHapusLSD blotter for sale here
Buy meds for PTSD, Anxiety, Depression, Stress disorders
Buy DMT | Mescaline here
Buy ketamine crystal here
Magic magic mushrooom for sale here
Buy mushroom chocolate bars here
Buy DMT vape pen here
Buy MDMA | Ecstacy | Molly here
Buy LSD blotter online safely
Psychedelic drugs for PTSD, depression for sale
Buy LSD blotter online safely | Free shipping
Get the best vape pen for DMT here
Order psilocybin mushrooms here