Motorola reported financial results for Q4 2006 and full year 2006. Net sales increased 17% in Q4 2006 compared to Q4 2005 but operating earnings decreased from $1.71 billion to $753 million. For the full year, net sales increased 22% while operating earnings fell from $4.61 billion to $4.09 billion. Mobile Devices sales increased but earnings decreased in both periods due to increased costs and charges.
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...
Q4 2006 Earnings Release Financial Tables
1. Motorola, Inc. and Subsidiaries
Condensed Consolidated Statements of Operations
(In millions, except per share amounts)
Quarter Ended Quarter Ended
December 31, 2006 December 31, 2005
Net sales $ 11,792 $ 10,039
Costs of sales 8,723 6,866
Gross margin 3,069 3,173
Selling, general and administrative expenses 1,158 984
Research and development expenditures 1,061 979
Other charges (income) 65 (520)
Intangibles amortization and IPR&D 32 19
Operating earnings 753 1,711
Other income (expense):
Interest income, net 99 55
Gains (loss) on sales of investments and businesses, net (125) (69)
Other (43) (15)
Total other income (69) (29)
Earnings from continuing operations before income taxes 684 1,682
Income tax expense 156 505
Earnings from continuing operations 528 1,177
Earnings from discontinued operations, net of tax 96 25
Net earnings $ 624 $ 1,202
Earnings per common share
Basic:
Continuing operations $ 0.22 $ 0.47
Discontinued operations 0.04 0.01
$ 0.26 $ 0.48
Diluted:
Continuing operations $ 0.21 $ 0.46
Discontinued operations 0.04 0.01
$ 0.25 $ 0.47
Weighted average common shares outstanding
Basic 2,413.0 2,495.4
Diluted 2,463.6 2,559.9
Dividends paid per share $ 0.05 $ 0.04
2. Motorola, Inc. and Subsidiaries
Condensed Consolidated Statements of Operations
(In millions, except per share amounts)
Year Ended Year Ended
December 31, 2006 December 31, 2005
Net sales $ 42,879 $ 35,262
Costs of sales 30,152 23,833
Gross margin 12,727 11,429
Selling, general and administrative expenses 4,504 3,628
Research and development expenditures 4,106 3,600
Other charges (income) (108) (473)
Intangibles amortization and IPR&D 133 69
Operating earnings 4,092 4,605
Other income (expense):
Interest income, net 326 71
Gains (loss) on sales of investments and businesses, net 41 1,845
Other 151 (109)
Total other income 518 1,807
Earnings from continuing operations before income taxes 4,610 6,412
Income tax expense 1,349 1,893
Earnings from continuing operations 3,261 4,519
Earnings from discontinued operations, net of tax 400 59
Net earnings $ 3,661 $ 4,578
Earnings per common share
Basic:
Continuing operations $ 1.33 $ 1.83
Discontinued operations 0.17 0.02
$ 1.50 $ 1.85
Diluted:
Continuing operations $ 1.30 $ 1.79
Discontinued operations 0.16 0.02
$ 1.46 $ 1.81
Weighted average common shares outstanding
Basic 2,446.3 2,471.3
Diluted 2,504.2 2,527.0
Dividends paid per share $ 0.18 $ 0.16
3. Motorola, Inc. and Subsidiaries
Condensed Consolidated Balance Sheets
(In millions)
ASSETS December 31, December 31,
2006 2005
Cash and cash equivalents $ 3,212 $ 3,774
Sigma funds 12,204 10,867
Short-term investments 224 144
Accounts receivable, net 7,509 5,652
Inventories, net 3,162 2,422
Deferred income taxes 1,731 2,355
Other current assets 2,933 2,496
Current assets held for sale - 312
Total current assets 30,975 28,022
Property, plant and equipment, net 2,267 2,020
Investments 895 1,644
Deferred income taxes 1,297 1,196
Other assets 3,131 2,597
Non-current assets held for sale - 323
Total assets $ 38,565 $ 35,802
LIABILITIES AND STOCKHOLDERS' EQUITY
Notes payable and current portion of
long-term debt $ 1,693 $ 448
Accounts payable 5,056 4,295
Accrued liabilities 8,676 7,529
Current liabilities held for sale - 320
Total current liabilities 15,425 12,592
Long-term debt 2,704 3,806
Other liabilities 3,322 2,727
Non-current liabilities held for sale - 4
Stockholders' equity 17,114 16,673
Total liabilities and stockholders' equity $ 38,565 $ 35,802
4. Motorola, Inc. and Subsidiaries
Segment Information
(In millions)
Summarized below are the Company's net sales by reportable segment for the quarters and years
ended December 31, 2006 and 2005.
Net Sales
Quarter Ended Quarter Ended % Change
December 31, 2006 December 31, 2005 from 2005
Mobile Devices $ 7,806 $ 6,538 19%
Networks and Enterprise 3,043 2,874 6%
Connected Home Solutions 980 703 39%
Segment Totals 11,829 10,115 17%
Other and Eliminations (37) (76) 51%
Company Totals $ 11,792 $ 10,039 17%
Net Sales
Year Ended Year Ended % Change
December 31, 2006 December 31, 2005 from 2005
Mobile Devices $ 28,383 $ 21,459 32%
Networks and Enterprise 11,245 11,202 0%
Connected Home Solutions 3,327 2,871 16%
Segment Totals 42,955 35,532 21%
Other and Eliminations (76) (270) 72%
Company Totals $ 42,879 $ 35,262 22%
5. Motorola, Inc. and Subsidiaries
Segment Information
(In millions)
Summarized below are the Company's operating earnings (loss) by reportable segment
for the quarters and years ended December 31, 2006 and 2005.
Operating Earnings (Loss)
Quarter Ended Quarter Ended
December 31, 2006 December 31, 2005
Mobile Devices $ 341 $ 663
Networks and Enterprise 428 542
Connected Home Solutions 118 52
Segment Totals 887 1,257
Other and Eliminations (134) 454
Company Totals $ 753 $ 1,711
Operating Earnings (Loss)
Year Ended Year Ended
December 31, 2006 December 31, 2005
Mobile Devices $ 2,690 $ 2,192
Networks and Enterprise 1,521 1,939
Connected Home Solutions 224 153
Segment Totals 4,435 4,284
Other and Eliminations (343) 321
Company Totals $ 4,092 $ 4,605