iPhone Seen Helping Japan Cellular Carrier Softbank Reap Record Op Profit
For iPhone Secure, we have seen BlackBerry as popular to use with our groupware. However, the iPhone has been taking the cake. Here’s a recent report to support that. Quoted from here TOKYO (Nikkei)—Softbank Corp.‘s (9984) group operating profit appears to have climbed some 40% on the year to a record 320 billion yen for the April-September half. The company saw higher communications revenue as the popularity of Apple Inc.‘s iPhone smartphone boosted the number of mobile-phone subscribers. In addition, online advertising revenue grew at subsidiary Yahoo Japan Corp. (4689). Led by its mobile-phone business, Softbank’s sales likely reached 1.45 trillion yen, up some 100 billion yen on the year. The June release of the iPhone 4 smartphone helped Softbank gain mobile-phone subscribers, which totaled 23.47 million at the end of September, an increase roughly 1.6 million from six months earlier. Net profit appears to have grown about 10% to 80 billion yen, absorbing an April-June tax-related charge involving Yahoo Japan. For the full year ending March 31, Softbank projects a group operating profit of 500 billion yen. (The Nikkei Oct. 25 morning edition)
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