quarterly earnings

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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Dismal Samsung Q2 numbers forces Galaxy S6 price cut

Dismal Samsung Q2 numbers forces Galaxy S6 price cut

It's one thing for a product to be highly popular and another thing for that popularity to translate into profits. That was the case back then with the HTC One (M7 and M8) and is now the case with Samsung's Galaxy S6 and S6 edge duo. The Korea manufacturer has just released its second quarter financials and, while the company did see some increase in numbers, it was only ever so slight. Plus, the Galaxy S6 flagship, hoped to be its savior, turned out to be almost a dud.

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Nintendo sees surprise profit: has Splatoon, 3DS, amiibo to thank

Nintendo sees surprise profit: has Splatoon, 3DS, amiibo to thank

Nintendo detailed its latest quarterly financial details today, revealing a surprise upswing in revenue as quarterly sales increased more than 20-percent and net profit hit 8.28 billion yen (versus last year’s 9.9 billion yen loss for the same quarter). Nintendo largely has a combination of weaker yen and a sharp rise in new game sales to thank, the latter of which was led by the widespread success of Splatoon. As expected, amiibo — which gained several new figures over the past couple months — also helped the video game company.

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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 Watch sales broken down by shipments, units, and revenue

Apple Watch sales broken down by shipments, units, and revenue

Today we're breaking down all the information available to us on sales of the Apple Watch in the first quarter it's been on the market. While we can pinpoint the exact in-store date and pre-order dates for the device, these dates are irrelevant. Apple and Strategy Analytics have already given us all the information we need to get a basic assessment of the number of units sold as well as a basic outline of how much revenue Apple likely makes per Apple Watch sold.

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Microsoft suffered big financial blow last quarter

Microsoft suffered big financial blow last quarter

Following Apple's recent report, Microsoft has dropped details on its own most recent financial quarter, and it doesn't bring good news: the company had its worst quarterly results ever, something partly attributed to its Nokia happenings and a continually downturned PC market. The company saw a quarterly revenue drop of 5.1-percent, with it raking in $22.18 billion (compared to last year’s $23.38 billion). The company saw a decrease in Office sales despite a slight growth, as well as a drop in Windows volume licensing and Windows OEM revenue.

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Apple Watch’s first nine weeks had more sales than iPhone, iPad

Apple Watch’s first nine weeks had more sales than iPhone, iPad

Apple has detailed its financials for the third quarter of its fiscal 2015 year, and as expected there are a lot of good talking points. We’ve already dug into some of the relevant numbers, but are taking a moment to talk about the Apple Watch specifically. Apple shies away from getting too specific about it smartwatch’s sales numbers, though CEO Tim Cook did say that the quarter was a “great start for Apple Watch”.

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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 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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Twitter earnings: plenty of upside as stock dives

Twitter earnings: plenty of upside as stock dives

Twitter has announced their quarterly earnings, and it’s a mixed bag. While they’ve got plenty of positive things to say, and the upside is huge, the social service once again lost money. For Q1 2015, Twitter reports they had a net loss of $162 million, but revenue of $436 million, up 74% year-over-year. A positive rise, but ultimately short of their $440-450 million estimate. Through non-GAAP EPS of $0.07 (analysts expected $0.04), Twitter stock dropped hard, and is currently down almost 20%.

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T-Mobile may now be the third largest carrier in the US

T-Mobile may now be the third largest carrier in the US

T-Mobile might just be the third largest carrier in the United States. Their recent earnings report gave interesting insight on the goings-on within T-Mobile, with their customer count being something we’ve been watching grow over time. In Q1 2015, T-Mobile added 1.8 million customers (net additions). With regard to postpaid, T-Mobile added 1.1 million new customers, which is their third straight quarter with over one million new customers, and may possibly position T-Mobile as the third largest carrier in the US.

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