Star News Update: Q1'08 Financial Announment

Star Publications Q1 net profit up 23.4% to RM42.5m



Hightlight:
Q1's financial performance was the best the company has registered to date.

Advertising expenditure is also projected to register slower growth in 2008 compared with 2007.

For FY07, the group posted a net profit of RM168.9mil, or 22.9 sen a share, compared with RM161.1mil, or 21.81 sen a share, FY06.

Revenue in FY07 rose to RM805.9mil from RM723.6mil while pre-tax profit improved to RM223.4mil from RM195.2mil in FY06.

Outlook: Not given.

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Cisco News Update: Q3'08 Financial Announcement

Cisco results beat forecasts but CEO cautious


Highlight:
Cautious on due to the continued uncertainty in the macroeconomic environment in the near-term.

Chambers also said he would remain alert to risks of U.S. economic weakness spreading to other parts of the world.

Around half of Cisco's business, strong sales overseas, particularly in emerging markets, has been supporting its growth of the past year.

Outlook:
Cisco forecast revenue growth of 9 to 10 percent for the fourth quarter, compared with Wall Street's 9.1 percent consensus estimate.

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Mobile Device Market for 1Q 2008

Mobile Device Market Exceeds Expectations to Deliver 289 Million in 1Q 2008.

“Operators and distributors continued to top up their inventories in 1Q 2008 after a particularly strong 4Q 2007,” says ABI Research vice president Jake Saunders. “Year on year, 1Q 2008 was up 13.7%, but 2Q 2008 is likely to be softer than in previous years.”

In the market-share stakes:

Nokia = 39.9%
Samsung = 16%
Motorola = 9.5% (down 2.6%)
LG = 8.4%
Sony Ericsson = 7.7%

Additionally, WCDMA continues to build momentum with shipment volumes that are up 44% YoY – but no one should count out GSM, as GSM-enabled handsets grew 17% in the quarter.

More detail...click Here

2007 Market Share