earnings

Netflix adds 3 million new subscribers in Q1 2013

Netflix adds 3 million new subscribers in Q1 2013

Netflix posted up its Q1 2013 earnings today, and things are looking fairly good for the streaming service. They surpassed $1 billion in revenue for the quarter, and added three million new subscribers, two million of which are US users, bringing the total number of global subscribers to 36 million.

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Google Profits sag at Motorola losses

Google Profits sag at Motorola losses

While the final outcome for Google is another massively successful quarter with $3.35 billion net income, Motorola has once again turned up as a sore spot. Motorola's losses this quarter totaled a staggering $271 million, this comparing to a losses one year ago this same period set at $86 million. While it would, given just those results, appear that Motorola is a whole lot worse off with Google at the helm, the quarter immediately preceding the one just reported sits right up at the top with $353 million lost.

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Google boasts $3.35 billion net income in Q1 2013 earnings

Google boasts $3.35 billion net income in Q1 2013 earnings

Google is out with their first quarterly earnings report for 2013, and things are looking high and mighty for the Mountain View-based company. They ended up raking in a revenue of $14 billion during the three months, and ended up netting $3.35 billion. Compared to last year at this time, revenue is up a whopping 31%.

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Microsoft posts $20.5 billion revenue in Q3 2013 earnings

Microsoft posts $20.5 billion revenue in Q3 2013 earnings

Microsoft has just reported its fiscal Q3 2013 quarterly earnings, and things are looking adequate for the company, which reports a revenue of $20.5 billion for the quarter, with a net income of $6.06 billion. The company also posted an operating income of $7.61 billion, which is up from $6.37 billion during this time last year.

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Nokia reports $196 million loss in Q1 2013 earnings

Nokia reports $196 million loss in Q1 2013 earnings

It seems that Nokia has returned to the land of unprofitability this past quarter, as the company as posted a loss of €150 million ($196 million), with a total revenue for the quarter reaching €5.85 billion ($7.65 billion), which is down from €7.35 billion ($9.6 billion) during the same time last year.

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Verizon boasts $4.8 billion profit in Q1 2013 results

Verizon boasts $4.8 billion profit in Q1 2013 results

Verizon didn't do so hot during Q4 2012, but the company is back posting up their Q1 2013 results, and things are looking mighty good for the company. Verizon profited a whopping $4.8 billion during Q1 2013, and that's mostly thanks to the addition of 677,000 new subscribers throughout the quarter, with 7.2 million smartphone activations.

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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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Samsung expected to hit record sales in Q1 2013

Samsung expected to hit record sales in Q1 2013

Samsung has sold a lot of phones lately, including over 50 million Galaxy S III devices since its launch early last year. However, the company isn't seeing a slowdown any time soon. It's expected that Samsung's Q1 2013 sales will hit record numbers yet again, even though demand hasn't been as high as the company would like.

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Adobe rakes in $1.008b of revenue in Q1 2013

Adobe rakes in $1.008b of revenue in Q1 2013

Adobe has reported its quarterly earnings for Q1 2013 that ended on March 1. The company has made $1.008 billion during the past three months, exceeding its own expectations of $750 million to $1 billion for the quarter. The company also announced that it has passed 500,000 Creative Cloud paid subscribers, while free users are past the two-million mark.

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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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