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.
Very neat post. Thanks Again. Awesome.
BalasHapushttps://langu-tamsinimas-klaipedoje.business.site
https://sistemosklaipeda.com/stikul-tamsinimas/
https://duju-irangos-montavimas-klaipedoje.business.site
https://sistemosklaipeda.com/duju-iranga
https://sistemosklaipeda.com/kabliai-automobiliams/
Way cool! Some very valid points! I appreciate you writing this write-up and the rest of the site is also very good.
BalasHapushttps://kabliaiautomobiliams.business.site
https://info.falkis.com
https://falkis.com
https://lt.sistemos.net
https://info.gorex.lt
I needed to thank you for this great read!! I certainly enjoyed every little bit of it. I have you saved as a favorite to look at new stuff you post…
BalasHapushttps://brastadvaris.lt/apie-mus/
https://vix.lt
https://klp.ucoz.net
http://lietuva.unaux.com
https://sites.google.com/view/klaip/
Aw, this was an extremely good post. Taking a few minutes and actual effort to make a good article… but what can I say… I hesitate a whole lot and don’t manage to get anything done.
BalasHapushttps://gorex.lt
https://sistemos.net
https://baldaiklaipeda.com
https://brastadvaris.lt
http://apie-lietuva.mozello.ru
where to buy thc oil mario carts skunk og indica
BalasHapuswhere do i buy mario carts?mario carts buymario carts where to buy
why not to buy mario carts
buy thc mario carts
buy mario carts
buy mario carts online
mario carts cartridges buy online
where to buy mario carts durban poison sativa
buy mario carts packaging
where to buy thc oil mario carts skunk og indica
where do i buy mario carts?
mario carts buymario carts where to buy
why not to buy mario carts
buy thc mario carts
buy mario carts
buy mario carts online
mario carts cartridges buy online
where to buy mario carts durban poison sativa
buy mario carts packaging
where to buy thc oil mario carts skunk og indica
where do i buy mario carts?mario carts buymario carts where to buy
why not to buy mario carts
buy thc mario carts
buy mario carts
graph paper notebook
BalasHapusWhiteLines Notebook
dot grid notebook 8.5 x 11
Password Journal
password book
Grid Notebook
Password Notebook
graph paper notebook
graph paper notebook
Are you worried about the academic rigor of your health social care dissertation? I have a strong research background and can help you strengthen the scholarly impact of your work. (mydissertations.co.uk)
BalasHapus