earnings

Intel reports $12.6 billion revenue in Q1 2013 earnings

Intel reports $12.6 billion revenue in Q1 2013 earnings

Intel just reported their quarterly earnings for Q1 2013, and while there's big money to be called out, things are down for the company compared to last quarter. Intel brought in a total revenue of $12.6 billion for the quarter, which is down 7% from $13.5 billion in Q4 2012. The company's biggest drop was their operating income, which took a 20% dive down to $2.5 billion for the quarter.

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GM reports 9.3% sales increase in Q1 2013

GM reports 9.3% sales increase in Q1 2013

General Motors, maker of that awesome new Corvette, has reported its Q1 2013 sales figures, and it looks to be all good news. During the first quarter of this year, General Motors sold just under 665,000 vehicles, resulting in a 9.3% increase over the company's total vehicles sales from Q1 2012. The company also recorded its best March sales in five years, selling almost 246,000 vehicles in just 31 days.

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BlackBerry posts $94 million profit in Q4 2013, founder leaving company

BlackBerry posts $94 million profit in Q4 2013, founder leaving company

BlackBerry released its quarterly earnings for its Q4 2013 fiscal quarter, and the company brought in $2.7 billion in revenue, with $94 million of that being cold-hard profit. This is up from $14 million during the last quarter. Furthermore, BlackBerry founder Mike Lazaridis -- who was the company's co-CEO until January 2012 -- has announced that he's leaving the company.

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Best Buy reports Q4 2013 earnings, founder drops plans for private buyout

Best Buy reports Q4 2013 earnings, founder drops plans for private buyout

Best Buy announced its Q4 2013 (fiscal year) earnings today, and it's not looking incredibly good. The company reported a net loss of $377 million with a revenue of $16.7 billion during the quarter. Compared to a year ago, Best Buy brought in a revenue of $16.67 billion with a net loss of $405 million, so the company actually did a tad bit better this time around, actually.

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