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BlackBerry posts record profits on 40% revenue rise

Research In Motion, the Canadian owner of the BlackBerry mobile phone brand, has posted record results for the third quarter of 2010 - with the greatest recorded number of handsets sold, and profit and revenue up.

New Year VAT increase to trigger £2.3bn consumer squeeze

Marketing strategies for the New Year may need to be adapted as consumers face a £2.3bn squeeze on discretionary spend when the new headline VAT rate of 20% comes in on 4 January.

UK sees fastest growth in smartphone take-up

Smartphone take-up in the UK is growing faster than in other leading nations, with more consumers using mobile phones for social networking than anywhere else, according to research by Ofcom.

Retailers braced for disappointing Christmas

Retailers are braced for a dire Christmas, with only 14% of shoppers expecting to spend more than last year, in anticipation of a hike in VAT rates in the New Year.

BT Vision subscriber push flops

BT's on-demand TV service BT Vision has added just 53,000 subscribers in eight months, despite a £30m marketing push trumpeting the addition of Sky Sports 1 and 2 to its line-up.

Vodafone to target data services for growth

Mobile phone giant Vodafone saw revenue grow by 3.9% to £22.6bn in the first six months of this year, while operating profit rose to 2.7% to £6.1bn, as the company pledged to invest in data services in Europe, India and Africa.

Sky looks to HD and 3D after reaching 10m milestone

Sky has reached its target of 10 million customers with a month to spare before the 2011 deadline set by then chief executive, James Murdoch, in 2004.

Best Buy to increase marketing spend as profits leap 30%

Carphone Warehouse has pledged to increase its marketing activity in 2011 for its Best Buy brand, after post-tax profits at the European joint venture rose 31% in the six months to the end of September.

Virgin Media revenue up 6.4%

Total revenue at Virgin Media was up 6.4% to £978m in the three months to the end of September, as the company reported record average revenue per cable user and announced it was to launch the first 100Mb broadband service.

UK adspend returns to double digit growth

The United Kingdom's advertising spend has recorded a double digit rise of 10.7% in the first half of 2010, according to Nielsen's latest Global AdView Pulse report.

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