quarterly earnings

Samsung announces estimated Q1 financial data, hits another record

Samsung announces estimated Q1 financial data, hits another record

Samsung has announced it first-quarter earnings (the full data won't be in until April 26), and things are looking mighty fine for the Korean company. According to its estimates, it experienced a 53-percent rise in profit from January to March, raking in $7.7 billion. This is Samsung's fifth record quarter in a row, and expectations are only going up as the GALAXY S 4, revealed last month, is destined to hit shelves in the coming weeks.

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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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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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T-Mobile releases 2012 Q4 data, shows $4.9 billion in revenues

T-Mobile releases 2012 Q4 data, shows $4.9 billion in revenues

T-Mobile has released its fourth quarter earnings for 2012, showing a drop in revenue over the fourth quarter of 2011 to $4.9 billion, a 5.2-percent decrease. Still, the revenues represent a second quarter of growth for the carrier, which also saw growth in both its Monthly4G plans and branded prepaid customers. While the data shows both gains and losses for the company, overall things were less than fantastic.

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