earnings

Analyst: Apple brings in 86% of handset profits

Analyst: Apple brings in 86% of handset profits

There is typically a lot of chatter about device shipments and market share, but those two metrics mean relatively little when compared to actual sales, use, and profitability. On the heels of the iPhone 6 hitting the world stage alongside the iPhone 6 Plus, Apple’s profits were impressive. An even more impressive finding is that the Cupertino-based company also commands a lion’s share of the handset industry profit. According to one analyst, Apple has a massive 86% of the profit earned from the mobile handset market.

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Facebook has first $3 billion quarter via ad network

Facebook has first $3 billion quarter via ad network

Facebook just reported their third quarter earnings for 2014, and they are pretty impressive. For all the attention paid to Facebook tanking, or a possible ‘killer’ on the horizon, the social networking giant just steamrolls the competition time and again. This time, they’ve had their first $3 billion quarter, returning $3.2 billion in revenue. that’s a significant increase over the $2.9 billion they brought in last quarter, and much better than the $2.01 billion in Q3 2014. It’s also nearly triple what they brought in for Q3 2012.

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Surface drives nearly billion dollar revenue for Microsoft in Q1

Surface drives nearly billion dollar revenue for Microsoft in Q1

This quarter is a rather good one for Microsoft's Surface tablet lineup, that's for certain. Their financial crew reported Microsoft Financial 2015 Q1 results today, showing the Surface Pro 3 to have driven Surface revenue up to $908 million for the quarter. Microsoft's Devices and Consumer revenue grew 47% to $10.96 billion overall, while total Xbox console sales were 2.4 million, growing a cool 102%. Xbox One also launched in 28 new markets in these past three quarters alone.

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Yahoo earnings: 17% of revenue is from mobile ads

Yahoo earnings: 17% of revenue is from mobile ads

When Marissa Mayer took over at Yahoo, the company was in a tailspin. At first blush, her shopping spree after assuming control didn’t seem to help. Spending big cash on properties like Tumblr seemed like they may do more harm than good. Now, with Yahoo’s recent earnings report, we find out Mayer might have been taking a few steps back to start sprinting and get up to speed. Yahoo’s numbers now reflect their mobile properties, and just how well they’re doing for the once dominant search giant.

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Here’s why Apple doesn’t care about slumping iPad sales

Here’s why Apple doesn’t care about slumping iPad sales

Earlier, we told you about Apple’s device sales this quarter. Their total sales were impressive but iPad sales were way down, dipping 22% over last year. In taking questions from investors, Apple CEO Tim Cook commented on the iPad sales performance issues. Cook says he’s still bullish on the iPad, but not for the reasons we might think. The Apple CEO was also pretty grounded about their expectations, and noted that when it comes to tablet turnover, they’re pretty uncertain how we’ll react.

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Apple Q4 2014: App Store downloads top 85 million

Apple Q4 2014: App Store downloads top 85 million

Sales are great, but we really like to know about device use. You can sell as many devices as you like, but if nobody uses them, it’s a short-term gain. Apple is great on both ends of that spectrum, and have announced their total App Store downloads, and they’re pretty surprising. Compared to this time last year, cumulative apps sold has a nearly 50% increase. That’s pretty significant for a single year, considering the App stores have been around for years.

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iPhone and Mac way up, iPad down in Q4 2014

iPhone and Mac way up, iPad down in Q4 2014

In releasing their quarterly earnings, Apple also made available their device sales figures. As you might have guessed, iPhone sales were up over last quarter on the heels of the iPhone 6 and 6 Plus. They were also up over last year, showing a solid trajectory. The rest of Apple’s product lineup did equally well as a whole, but iPad sales continue to slide. That trend may only continue in the face of the iPhone 6 Plus, which will naturally eat at iPad mini sales.

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Apple Q4 earnings jump at biggest iPhone launch ever

Apple Q4 earnings jump at biggest iPhone launch ever

This afternoon Apple announced their latest earnings, those for their own fiscal Q4 2014, for the three months that ended on September 27th, 2014. These earnings included a cool quarterly revenue of $42.1 billion USD while with $1.42 per diluted share, Apple raked in a quarterly net profit of $8.5 billion. This quarter includes the launch of the iPhone 6 and iPhone 6 Plus, the company's "biggest iPhone launch ever," according to CEO Tim Cook. Apple also drove a record $13.3 billion in cash flow from operations in this fiscal Q4 2014 quarter.

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Google Q3 2014 Earnings hit and a miss

Google Q3 2014 Earnings hit and a miss

This afternoon Google announced their financial Q3 2014 earnings, this just a short while after Apple held their 2014 iPad event. Generally Apple’s events squash every other kind of technology news released during the day, but Google’s earnings - especially ones that turn their stock into a rock - should be strong enough to break on through. What we’re seeing today is Google’s CFO Patrick Pichette announce that they’re excited about the growth in our advertising and emerging businesses."

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