quarterly earnings

Lenovo’s Q3 2014 saw revenue jump, PC market domination

Lenovo’s Q3 2014 saw revenue jump, PC market domination

Lenovo has posted its Q3 2014 earnings, and in it we see some good news tempered by a few hiccups. Revenue for the quarter ending on December 31 saw a 31-percent year-on-year increase, hitting $14.1 billion. Pre-tax income (when accounting for expenses) was down 15-percent versus the same quarter last year, however, at $274 million, and Q3's net income saw a 5-percent year-on-year decrease at $253 million. The company managed to hit a new milestone in PC market share, and credits PCs with 65-percent of its revenue.

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Google Glass team needed to “reset their strategy” says CFO

Google Glass team needed to “reset their strategy” says CFO

Google's Chief Financial Officer Patrick Pichette spoke up this afternoon during the company's Q4 2014 earnings call about Glass. Briefly mentioning Glass as an example of a project that needed to "take a pause", Pichette continued by suggesting that Google sometimes does have to "take the tough calls." He didn't say the company would be closing shop on Google Glass, but he got just about as close to saying such a thing as he could without the media making the call - and they still just might.

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Google blames growth stall on Nexus 6 supply

Google blames growth stall on Nexus 6 supply

During Google's Q4 2014 earnings call this afternoon, the company's Chief Financial Officer Patrick Pichette spoke about the many ups and downs of the past three months. In explaining the downs of this past quarter, Pichette spoke of two points in particular. One was the Exchange Rate between the United States and international consumers. The other reason Pichette gave for Google not hitting goals they'd set for themselves was the less-than-stellar supply they had with the Nexus 6. Pichette also mentioned Google Glass, as it were, as an example of what Google does when a project doesn't work.

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Google Q4 2014 show increased earnings, but falls short of expectations

Google Q4 2014 show increased earnings, but falls short of expectations

Google has just announced their Q4 2014 earnings, boasting $18.1 billion in revenue, up 15% form the same quarter last year. The company also had net income of $4.76 billion, up 40% from a year ago. $3.38 billion in profits happened in Q4 2014 as well. Still, those impressive earnings fell short of expectations, where analysts picked Google to hit $18.4 billion in revenue and earnings per share of $7.11. Google’s earnings per share ended at $6.88 in Q4 2014.

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Samsung’s Q4 earnings report shows company down but not out

Samsung’s Q4 earnings report shows company down but not out

Many companies have dropped their latest earnings report today, and included among them is Samsung. The Korean company saw profits of 5.35 trillion won/$4.9 billion in its fourth quarter (ending December 31), an unfortunate decrease from the previous year of 27-percent. The results aren't all that surprising given the company's struggles in the recent past, but there was a glimmer of light through it all: the quarter's revenue was on the upswing with an 11-percent quarter-on-quarter increase to 52.73 trillion won.

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Facebook Q4 2014 earnings give company its first $10 billion year

Facebook Q4 2014 earnings give company its first $10 billion year

Facebook once again outpaces analyst expectations with their earnings. In Q4 2014, the social giant had revenue of $3.55 billion, ahead of the 43.77 billion Wall Street estimated. Their earnings per share were $0.54, outpacing the estimated $0.48/share. On the year, Facebook earned $12.5 billion, making 2014 their first $10 billion year. In 2013, Facebook brought in $7.9 billion. their earnings for 2014 are nearly double what they brought in for 2012. Facebook founder and CEO Mark Zuckerberg said “we got a lot done in 2014.”

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Apple sold 74.5 million iPhones in Q1 2015 — their best quarter ever

Apple sold 74.5 million iPhones in Q1 2015 — their best quarter ever

What did you expect from Apple? Analysts were hopeful Apple would have a very good quarter to start their fiscal 2015, but Apple did them one better. After reporting $18 billion in profit, their stock is ticking upward at a steady clip. How Apple got to these impressive figures isn’t mysterious — it’s hardware sales, advertising, and wetting their beak in sales of apps. With regard to hardware, Apple moved an astonishing 74.5 million iPhone during Q1 2015, which is the most they’ve ever sold in one quarter.

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Apple Earnings break records for Q1 2015

Apple Earnings break records for Q1 2015

Earnings for Apple's 2015 Q1 include the last three months of the calendar year 2014, ending on December 27th. Today's earnings announcement from Apple includes a record quarterly revenue of $74.6 billion USD. Apple also announced a record quarterly net profit of $18 billion USD. That's brings on a cool $3.06 USD per diluted share for investors. Apple's gross margin was 39.9 percent this quarter - this compares to a 37.9 percent gross margin this same time one year ago. Apple is doing quite well and investors are quite happy, needless to say.

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Microsoft Q2 2015 earnings: Xbox down, Surface & Lumia up

Microsoft Q2 2015 earnings: Xbox down, Surface & Lumia up

Microsoft has released their Q2 2015 earning report, which show the company had $26.5 billion in revenue with $5.8 billion in net income. That’s an 8% uptick in revenue over last year, but an even greater loss in income (10%). Part of that has to do with their purchase of Nokia, for which Microsoft is claiming $243 million in “integration ans restructuring expenses”. In the quarter, they sold a record amount of Lumia phones, too, but Xbox sales are down versus last year.

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Report: Xiaomi not as profitable as you might think

Report: Xiaomi not as profitable as you might think

Every time we talk about Xiaomi, we’re left with a touch of trepidation. Regardless of how you feel about their iOS copying (which is fairly blatant, regardless of what Xiaomi says), getting any Xiaomi handset is tough. They sell out in seconds — literally — and often don’t return for weeks. Xiaomi is also the top smartphone vendor in their home country of China, according to Canalys, so they must be really profitable, right? Maybe not. A regulatory filing shows Xiaomi made just over $50 million profit in 2013.

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