earnings

Surface is finally working for Microsoft

Surface is finally working for Microsoft

Microsoft's fiscal year 2016 Q2 earnings aren't looking so hot unless you know where to look: right at Surface. Windows OEM Pro revenue growth is down 6% year-over-year, one percentage point better than the first quarter, but still down compared to one year ago this quarter. Windows OEM non-Pro revenue growth is down 3% year-over year, while Windows volume licensing revenue growth is down 4% year-over-year. Search Advertising Revenue, Xbox Live active users, and Surface revenue are all on the rise.

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Apple’s iPhone earnings “stall” was inevitable

Apple’s iPhone earnings “stall” was inevitable

For the first time since the iPhone was introduced, growth appears to have stalled. In Apple's earnings call for their financial Q1, 2016, they've revealed that the iPhone's growth (year-over-year) sits at 0% for unit sales growth and just 1% for revenue growth. This same quarter one year ago showed 46% unit sales growth year-over-year, while the same quarter the year before that showed 7% unit sales growth year-over-year. So wait a second, you might be saying, is this the sort of thing that happens every other year?

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Apple’s Q1 2016 revenue grows while Mac sales slow

Apple’s Q1 2016 revenue grows while Mac sales slow

This afternoon Apple reported their financial Q1 2016 earnings with a cool $29.3 billion in revenue in the Americas and a total of $75.9 billion worldwide. This is up 47% sequentially and up 2% year-over-year, while guidance from the company last quarter suggested they'd be "$75.5 billion and $77.5 billion" - so they're right on the money. This overarching revenue story is told by iPhone sales, primarily, and iPad, Mac, and Services revenue to a slightly lesser degree.

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Apple reports slowest iPhone sales growth since dawn of device

Apple reports slowest iPhone sales growth since dawn of device

Apple reported quarterly revenue of $75.9 billion as well as quarterly net profit of $18.4 billion. Apple suggested today that they'd sold a cool 74.8 million iPhones in this fiscal 1st quarter, up just 1 percent from the amount of iPhones sold this same quarter just one year ago. While this could be accounted for by the launch of the iPhone 6 as a "tick" year, and the iPhone 6s as a "tock", this is the slowest growth the company has seen for iPhone sales since the device line originally launched.

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Samsung’s Q3 results are in, lets company breathe a bit

Samsung’s Q3 results are in, lets company breathe a bit

Samsung has just posted its financial numbers for the third quarter in a year and finally the Korean manufacturer has some room to breathe. But probably not for long. Even though the numbers are still small and still somewhat disappointing, consolidated revenues and operating profits have gone up, mostly thanks to its semiconductor and display panel businesses. The bad news, smartphone sales are still lower than hoped. The worse news, Samsung expects that the next quarter, nay the next year, will be even more difficult.

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Microsoft Q3: Bing, cloud biggest winners, phones still down

Microsoft Q3: Bing, cloud biggest winners, phones still down

Microsoft's investments and patience with its products, despite criticisms and contrary suggestions, are probably starting to pay off. The company has released its financial report for the first quarter of the 2016 fiscal year, which ended September 30, 2015 and the numbers are quite the mixed bag. Although Redmond is practically reporting a revenue loss, the company is strangely upbeat about the business. The details do hint at some businesses experiencing a growth surge, with things looking hopeful. That is, except for the poor smartphone.

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Lenovo to lay off 10% of staff, let Motorola lead mobile

Lenovo to lay off 10% of staff, let Motorola lead mobile

It feels only like yesterday that Lenovo was celebrating a revenue jump in 2014. Releasing the figures for the first quarter of 2015, however, things have taken a drastic downward turn. Although the company's quarterly revenue saw a 3 percent increase in year-over-year numbers at $10.7 billion, it missed analyst expectations of an $11.29 billion figure. Worse, its actual net income took a steep dive to $105 million, a 50 percent decline from the same period last year. In short, Lenovo needs to take equally drastic measures.

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Twitter beats earnings expectations by signing up SMS users

Twitter beats earnings expectations by signing up SMS users

Twitter's financial Q2 this year brought the company up just over their revenue expectation range with a cool $502 million in revenue. This put them above a previously forecast revenue range of $470 million to $485 million, with a cool 61% increase in revenue year-over-year. This bodes well for Twitter, whose interim CEO Jack Dorsey suggests that "in order to realize Twitter's full potential, we must improve in three key areas: ensure more disciplined execution, simplify our service to deliver Twitter's value faster, and better communicate that value."

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Apple earnings crush it in China again

Apple earnings crush it in China again

Apple's Q3 2015 earnings report this afternoon suggested that a revenue of $49.6 billion was lead by sales in China and the iPhone. While the Apple Watch was also on the docket, Apple did not reveal any sort of sales numbers on the device. Instead the company suggests that sales of the Apple Watch surpassed their "Other" category, which isn't saying a whole lot. This earnings report was mostly reserved for the 35 percent year over year growth in sales of the iPhone.

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Google says Fiber and Nest are “longer-term sources of revenue”

Google says Fiber and Nest are “longer-term sources of revenue”

This afternoon Google suggested that three of their earlier stage products were under "tight governance." These products were Fiber, Google Life Sciences, and Nest - all products which the company suggested weren't about to be big cash sources for the company any time soon. Meanwhile Google's confidence in mobile was unabated - this Android-based part of their company was doing extraordinarily well, so said both Ruth Porat, Chief Financial Officer for the company, and Omid Kordestani, Chief Business Officer for the company.

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Samsung faces reality, adjusts earnings estimates

Samsung faces reality, adjusts earnings estimates

Sometimes success can be too much of a good thing, leading to perhaps an overestimation of one's capabilities. That may seem to be the case for Samsung, who just posted its earnings guidance for the second quarter of the year. Despite the Galaxy S6 and S6 edge's popularity, the company has failed to rebound, showing yet again disappointing figures. The root cause, it seems, was the Korean manufacturer's mistake in judging demand for its flagship smartphones, leading to loss in sales and surplus in supplies.

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Samsung posts Q1 2015 results, finally looking hopeful

Samsung posts Q1 2015 results, finally looking hopeful

It's that time of year again when companies are handing out their report cards for the first quarter of the year. Considering how Samsung has been having a bit of trouble in that subject, it is interesting to see how well it fared this time around. Although it's not out of the woods yet, the good news for Sammy's fans is that the company's earnings are finally showing some positive numbers and the future looks a little less bleak. But it's not all because of the Galaxy S6.

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