quarterly earnings

Activision says World of Warcraft subscriber numbers dropping

Activision says World of Warcraft subscriber numbers dropping

Activision has published the financial results of its first quarter, which showed a rise in net income from $384 million to $456 million. All is not looking up, however, with the company also reporting that World of Warcraft subscribers are down, and as a result it has adjusted its expectations for the rest of the year, citing reasons of increased competition and poor Wii U sales, among other things.

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Samsung’s Q1 financial report shows rising profits despite growth slowdown

Samsung’s Q1 financial report shows rising profits despite growth slowdown

Samsung's first quarter financial numbers are in, revealing a net profit increase of $6.4 billion alongside a slow down in growth, which is being attributed to increased competition in the low and mid-end smartphone market. Such quarterly profits represent a 42-percent increase over the first quarter of 2012, however, and many analysts are saying that Samsung is still on the top, reports The Wall Street Journal.

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Boeing Q1 financial report shows income up despite Dreamliner woes

Boeing Q1 financial report shows income up despite Dreamliner woes

Boeing has revealed its financial data for the first quarter of this year, showing an increase in profits despite problems with its grounded 787 Dreamliner. Net income hit $1.1 billion, up a fair amount from $923 million in 2012. Revenue, however, dipped 2.5-percent to $18.9 billion, largely in part due to the Dreamliner problem, something Reuters says investors have most ignored because of the way it was handled. After revealing the quarterly earnings, shares rose 3.4-percent.

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