Intel posts strong Q2 results, shipments to Huawei have resumed

Intel reported second-quarter revenue of $16.5 billion, down 3% year-over-year (YoY), but exceeding its financial guidance issued in April.  GAAP EPS was $0.92, a decline of 12 percent YoY; non-GAAP EPS was $1.06, up 2 percent. “Second quarter results exceeded our expectations on both revenue and earnings, as the growth of data and compute-intensive applications are driving customer demand for higher performance products in both our PC-centric...

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Apple to acquire Intel's modem business for $1 billion

by Benedict Chua, Assitant Editor Apple agreed to acquire the majority of Intel’s smartphone modem business for $1 billion. The deal includes intellectual property, equipment, leases and approximately 2,200 Intel employees. Combining the acquired patents for current and future wireless technology with Apple’s existing portfolio, Apple will hold over 17,000 wireless technology patents, ranging from protocols for cellular standards to modem architecture...

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T-Mobile US reports a solid Q2 - its best quarter in 3 years

T-Mobile US reported accelerated customer growth in Q2 2019 along with improved financials. The company described the quarter as its strongest performance in the past three years and said it on track to capture more than two-thirds of industry growth in the U.S. market. T-Mobile ended Q2 2019 with 83.1 million total customers. Accelerated Customer Growth 1.8 million total net additions in Q2 2019, up 11% YoY 1.1 million branded postpaid net additions...

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AWS hits Q2 revenue of $8.4B, up 37%

Amazon reported Q2 2019 revenue of $8.381 billion for AWS, up 37% over the same period last year. Operating income for quarter was $2.121 billion. Operating margin was 26.2%. AWS is now on a $33 billion run rate. https://ir.aboutamazon.com/quarterly-results Historical growth rate for AWS 2019 Q1 - 41% 2018 Q4 - 45% 2018 Q3 - 46% 2018 Q2 - 49% 2018 Q1 - 49% 2017 Q4 - 45%...

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Nokia sales rise in Q2 as company cites risks in China

Citing growing 5G demand and growth in four of its six global regions, Nokia reported net sales in Q2 2019 were EUR 5.7bn compared to EUR 5.3bn in Q2 2018. On a constant currency basis, net sales increased 5%. Reported diluted EPS in Q2 2019 was negative EUR 0.03, compared to negative EUR 0.05 in Q2 2018. Rajeev Suro, President and CEO of Nokia, states: "In the quarter, we saw good year-on-year growth, meaningful improvements in profitability, robust...

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Juniper posts revenue of $1.102 billion, down 8% yoy

Juniper Networks reported Q2 2019 revenue of $1.102 billion, a decrease of 8% year-over-year, and an increase of 10% sequentially. GAAP operating margin was 7.5%, a decrease from 13.3% in the second quarter of 2018, and an increase from 4.3% in the first quarter of 2019. Non-GAAP operating margin was 15.8%, a decrease from 18.5% in the second quarter of 2018, and an increase from 11.2% in the first quarter of 2019. GAAP net income was $46.2 million,...

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Dell'Oro: Growth forecast for 10 Gbps EPON and XGS-PON

Global PON equipment market revenue is forecast to reach $7.3 B by 2023, according to a new report from Dell'Oro Group. The growth will be driven by spending on new 10 Gbps EPON and XGS-PON deployments, and on maximizing existing 2.5 Gbps GPON networks. “Fiber deployments continue to expand around the world, thanks to increased competition and an improved funding environment for both public and private networks,” noted Jeff Heynen, Research Director...

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MaxLinear sees progress with 400G PAM4 DSP SoC

MaxLinear reported Q2 2019 net revenue of $82.5 million, down 3% sequentially, and down 19% year-on-year. GAAP gross margin was 53.4%, compared to 53.3% in the prior quarter, and 55.5% in the year-ago quarter. Non-GAAP net income was $16.0 million, compared to $13.5 million in the prior quarter, and $23.7 million in the year-ago quarter. "We continued to execute on our new 14nm CMOS 4x4 Quad RF transceiver system-on-chip solution for the 5G wireless...

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