CRN
  • Home
  • News
  • Distribution

Mobile distie Cellnet posts bumper October following iPhone launch

By Nico Arboleda on Nov 13, 2020 11:07AM
Mobile distie Cellnet posts bumper October following iPhone launch

In The Spotlight

Introducing the CRN State of the MSP report

IoT Explained: What is the Internet of Things in Australia (June 2022)

Come to CRN's CyberSecurity Live Event!

See who was at Channel Meets: UC in Sydney

Mobile accessories distributor Cellnet has revealed that it posted bumper results for the month of October following the launch of Apple’s new iPhones.

Brisbane-based Cellnet distributes a range of mobile phone accessories, collaboration equipment, security software, consumer gaming and more.

For October, the company’s revenue was up 18 percent year-on-year to $12.6 million, while unaudited net profit after tax increased by $1.02 million year-on-year.

The company said the results were driven by increased sales of iPhone accessories following the launch of four new iPhone 12 models, some released in late October and some in early November.

“Our October result is a real testament to the dedication and hard work that the team has put in to make this iPhone launch our most successful yet,” Cellnet chief executive Dave Clark said.

“Our revenue and profit for October surpassed all expectations, delivering one of the best monthly results Cellnet has ever produced.

Cellnet also noted a strong performance in gaming, also contributing to October’s revenues. The company is also anticipating “continued” momentum with the launch of “next gen” gaming consoles in November.

“I am extremely proud of the team for this achievement, and grateful to our loyal vendors and stable of brands. Cellnet is well placed as we move into the high velocity Christmas trading period.”

Got a news tip for our journalists? Share it with us anonymously here.
Copyright © CRN Australia. All rights reserved.
Tags:
cellnet distribution

Partner Content

How to prepare for the increasing demand for cloud-ready partners
Promoted Content
How to prepare for the increasing demand for cloud-ready partners
Microsoft, Yealink and Alloy’s roadshows fire up the Australian channel
Promoted Content
Microsoft, Yealink and Alloy’s roadshows fire up the Australian channel
Why rock-solid MSPs services require unified infrastructure monitoring
Promoted Content
Why rock-solid MSPs services require unified infrastructure monitoring
Tradewinds has turned unified communications into an easier upsell
Promoted Content
Tradewinds has turned unified communications into an easier upsell
Is business nbn Enterprise Ethernet the future of business connectivity for MSPs?
Promoted Content
Is business nbn Enterprise Ethernet the future of business connectivity for MSPs?

Sponsored Whitepapers

How vulnerability scans identify & protect against cyberthreats before criminals locate them
How vulnerability scans identify & protect against cyberthreats before criminals locate them
Monitoring & automation: A primer for MSPs
Monitoring & automation: A primer for MSPs
Endpoint Detection and Response
Endpoint Detection and Response
How to put your infrastructure into overdrive
How to put your infrastructure into overdrive
MSPs: Stack your solutions
MSPs: Stack your solutions
By Nico Arboleda
Nov 13 2020
11:07AM
0 Comments

Related Articles

  • Mobile distie Cellnet signs UC vendor Poly
  • Alloys adds LG Electronics to audio visual portfolio
  • IoT vendor Milesight names Leader as new local distributor
  • Nextgen Group acquires stake in Sydney IT channel digital marketing firm Elastic Digital
Share on Twitter Share on Facebook Share on LinkedIn Share on Whatsapp Email A Friend

Most Read Articles

State of the MSP

State of the MSP

Great people are the key to meeting customer and staff demands for flexibility

Great people are the key to meeting customer and staff demands for flexibility

Minister's office was warned of concerns about Entrepreneurs Program

Minister's office was warned of concerns about Entrepreneurs Program

Atturra acquires MOQ Limited for $15.5 million

Atturra acquires MOQ Limited for $15.5 million

All rights reserved. This material may not be published, broadcast, rewritten or redistributed in any form without prior authorisation.
Your use of this website constitutes acceptance of nextmedia's Privacy Policy and Terms & Conditions.