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second quarter News

Samsung beats Q3 estimates on strong smartphone sales

Samsung issued pre-earnings guidance on Friday indicating it will beat profit estimates set by the Street for the third quarter thanks to strong demand for its smartphones. The South Korea-based company said its operating profit for >>

AT&T revenue up 2.2% in Q2; 3.6 million iPhones activated

AT&T reported its second quarter results on Thursday. The company’s consolidated revenues were $31.5 billion, up 2.2% ($680 million) from the same quarter last year. AT&T’s wireless, wireline data and managed services were >>