quarterly earnings

Samsung’s Q4 2012 financial report rolls in, shows over $8 billion in profit

Samsung’s Q4 2012 financial report rolls in, shows over $8 billion in profit

Samsung has released its fourth quarter financial results, and the numbers show that last year was indeed a good year for the Korean company, with it reporting an over $8 billion (8.42 trillion won) operating profit. The total revenue came in at a tad over 56 trillion won, representing an over 7-percent quarter-on-quarter increase. To ensure things stay in its favor, the company plans to keep its 2013 investments around its 2012 level.

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AT&T posts $3.9 billion net loss for Q4 2012

AT&T posts $3.9 billion net loss for Q4 2012

AT&T is joining the slew of other companies posting quarterly results this week, with the company releasing its Q4 2012 financials today. The company experienced another loss in Q4 2012, but the good news is that AT&T's loss is growing smaller year-over-year. For Q4 2012, the company posted a net loss of $3.9 billion, which is compared to AT&T's net loss of $6.7 billion in the same quarter a year ago.

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Apple employee town hall meeting letter sets the tone

Apple employee town hall meeting letter sets the tone

Yesterday Apple announced new record results for their financial Q1 2013 including sales of iOS devices as well as overall revenue, and with those announcements came an invite from Tim Cook to employees for a town hall meeting being held this morning. This town hall meeting will likely be extremely similar to the meeting held last year at this time after the company released its 2012 Q1 financial results, question and answer session included. At the moment we're not entirely sure if we'll be seeing the results of this session or if it will be closed-door employees-only in the end.

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Apple talks iOS Maps improvements, user base

Apple talks iOS Maps improvements, user base

Apple had a great first quarter of 2013, but the company hasn't forgotten about the few rough spots from the year prior. One of these rough spots was the launch of Maps, which came with the roll out of iOS 6. Despite a few stumbles, Apple is looking forward, with Tim Cook saying today in the company's earnings call that Apple is constantly improving Maps, and that it won't stop until the service lives up to "our incredibly high standards."

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Apple Stores bring $6.4 billion revenue alone in Q1 2013

Apple Stores bring $6.4 billion revenue alone in Q1 2013

This week the folks at Apple have revealed the power of their retail Apple Store locations around the USA and throughout the world with a total of 11 new stores opening up and 396 stores in total in operation today. This update makes for a massive amount of stores owned and operated by Apple themselves, selling mostly their own products - 150 of these stores being outside the USA. This all leads to $6.4 billion dollars in revenue through retail sales alone in this past quarter.

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Apple sells 22.9 million iPads in Q1

Apple sells 22.9 million iPads in Q1

Apple's results for its fiscal first quarter of 2013 are in, and things are looking pretty good for the iPad family of devices. Apple managed to sell 22.9 million iPads in Q1 2013, and though it doesn't go into specifics as to which model sold the most, it seems safe to assume that the all new iPad mini posted some excellent numbers. Just the same, the fourth-generation iPad probably had strong numbers as well, with iPad sales up from 15.4 million year-over-year and setting a record for Apple.

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